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Active NEW!
$667,400
/mo Edit
Single Family:  2 Stories
2 br • 1 ba • Built 1942
1,000 sqft • 0.37 acres
Minnetonka schools
MLS# 7112095
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    Property Description

    Discover a rare opportunity in the highly sought-after lakeside community of Tonka Bay, ideally positioned on a quiet peninsula between Echo Bay and Gideons Bay. Enjoy walking distance to local marinas, boat docks and Wekota Beach Park, featuring a sandy beach, playground, basketball court and pickleball courts. Charming downtown Excelsior is just minutes away by car or boat, offering convenient access to waterfront dining, shopping, and entertainment. Situated on a spacious .37-acre lot, the property features a quaint existing home, generous outdoor space, and a detached garage with room for boats, vehicles, recreational equipment or additional storage. Enjoy the home as it is, renovate and expand, OR explore the potential to build a new modern residence in an area experiencing continued investment and high0end new construction. Combining the appeal of a charming lakeside community with convenient access to Lake Minnetonka and downtown Excelsior, this property presents a unique opportunity to create your ideal home in one of the area's most desirable locations.

    Listing

    Contingency: None
    Price per sq ft: $667
    City: Excelsior
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55331
    Subdivision Name: Tonka Heights

    Interior

    Living Area: 1,000 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Water Filtration System
    • Water Softener Owned
    Fireplace Details: Wood Burning
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Size: 936 ft2
    Garage Door Height: 12
    Garage Door Width: 10
    Air Conditioning: Central Air
    Foundation Size: 1,000 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Out Buildings: Garage(s)
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Driveway - Other Surface
    • Garage Door Opener
    • Gravel
    • Heated Garage
    • Insulated Garage
    • Multiple Garages
    • RV Access/Parking
    • Tuckunder Garage
    Unit Amenities:
    • Cable
    • Hardwood Floors
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Patio
    • Porch
    • Washer/Dryer Hookup
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Concrete
    • Frame
    Pool: None
    Roof Details: Age 8 Years or Less

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • Basement
    • Full Basement
    • Main Floor 3/4 Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Living/Dining Room
    Laundry: In Basement
    Main Level Size Sq Ft
    Bathroom  10 x 12  120 
    Dining Room  12 x 10  120 
    Bedroom  10 x 15  150 
    Kitchen  10 x 12  120 
    Laundry  12 x 10  120 
    Living Room  14 x 12  168 
    Bedroom 2  10 x 14  140 
    Walk-In Closet  12 x 10  120 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.37
    Geolocation: 44.914898, -93.58134
    Lot Dimensions: NW102 x 149 x 100 x 132
    Zoning: Residential-Single Family
    Lot Description:
    • Corner Lot
    • Irregular Lot
    • Tree Coverage - Medium

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,027
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,027
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer - In Street
    Water System: Well

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.