Like brand new but better!! Luxury lakeside living on A-rated Gideon Bay with panoramic views. Situated on an extra-deep lot, this custom 2021 build has 51' of sandy lake shore and a private beach. There is a chef's kitchen with a 10 ft island, an 8-burner Thermador gas induction range and a dedicated back prep kitchen. The stunning primary suite offers panoramic lake views, a spacious walk-in closet, and a gorgeous bath. There are four bedrooms on the upper level and a guest suite, above the garage, with a private entrance, kitchenette and full bath. The walkout lower-level features a wine room, a theater room, an exercise room, family room, guest room and a full bar with an ice-marker and a pass-through window to the patio bar. The garage can accommodate two lifts and is wired for supplemental heat. This location is stellar by land or by water- Enjoy front row seats to Excelsior's fireworks! It is only a few minutes to downtown Excelsior and is close to walking/biking trails. This like-new, turn-key retreat is perfect for year round living or enjoying your summers on the lake.
Closed
$3,495,000
165 Mound Ave, Tonka Bay, MN 55331
5beds
5,288sqft
Single Family
Built in 2021
0.36 Acres Lot
$3,494,600 Zestimate®
$661/sqft
$6,294 Estimated rent
Home value
$3,494,600
$3.25M - $3.74M
$6,294/mo
Zestimate® history
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List your homeWhat's special
Panoramic viewsExtra-deep lotGuest roomPanoramic lake viewsGorgeous bathStunning primary suiteFamily room
Zillow last checked:
Listing updated:
Listed by:
Angela Richter 612-867-2200,
Prudden & Company
Bought with:
Matthew Jones
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 400 Square Feet
- Dimensions: 20x20
Bedroom 2
- Level: Upper
- Area: 224 Square Feet
- Dimensions: 16x14
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 5
- Level: Lower
- Area: 224 Square Feet
- Dimensions: 14x16
Bonus room
- Level: Lower
- Area: 204 Square Feet
- Dimensions: 12x17
Deck
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12x20
Dining room
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16x16
Family room
- Level: Lower
- Area: 440 Square Feet
- Dimensions: 20x22
Guest room
- Level: Upper
- Area: 506 Square Feet
- Dimensions: 22x23
Kitchen
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12x20
Living room
- Level: Main
- Area: 400 Square Feet
- Dimensions: 20x20
Office
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Other
- Level: Lower
- Area: 32 Square Feet
- Dimensions: 8x4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Water Softener Owned
- Laundry: Laundry Room, Upper Level
Features
- Basement: Egress Window(s),Finished,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 5,288
- Total interior livable area: 5,288 sqft
- Finished area above ground: 3,788
- Finished area below ground: 1,300
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x40), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite Decking, Deck, Rear Porch
- Pool features: None
- Has view: Yes
- View description: East, Panoramic
- Waterfront features: Lake Front, Lake Bottom(Sand)
- Frontage length: Water Frontage: 51
Lot
- Size: 0.36 Acres
- Dimensions: 51 x 305 x 56 x 320
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 1500
- Parcel number: 2811723430053
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt,Metal,Pitched
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water - In Street
Community & neighborhood
Location
- Region: Tonka Bay
- Subdivision: Slocums Rgt Of Manitou Forest
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $3,495,000-2%$661/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7047058 Report a problem | ||
| 5/21/2026 | Pending sale | $3,565,000$674/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047058 Report a problem | ||
| 4/1/2026 | Listed for sale | $3,565,000$674/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047058 Report a problem | ||
| 3/31/2026 | Listing removed | $3,565,000$674/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6823642 Report a problem | ||
| 3/27/2026 | Price change | $3,565,000-0.7%$674/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6823642 Report a problem | ||
| 3/6/2026 | Price change | $3,590,000-2.7%$679/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6823642 Report a problem | ||
| 2/12/2026 | Listed for sale | $3,690,000$698/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6823642 Report a problem | ||
| 11/26/2025 | Listing removed | $3,690,000$698/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6749350 Report a problem | ||
| 10/21/2025 | Price change | $3,690,000-2.6%$698/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6749350 Report a problem | ||
| 9/24/2025 | Price change | $3,790,000-2.4%$717/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6749350 Report a problem | ||
| 7/24/2025 | Price change | $3,885,000-2.5%$735/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6749350 Report a problem | ||
| 7/3/2025 | Listed for sale | $3,985,000+19.1%$754/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6749350 Report a problem | ||
| 9/30/2021 | Sold | $3,345,000+0.6%$633/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6073357 Report a problem | ||
| 8/22/2021 | Pending sale | $3,325,000$629/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6073357 Report a problem | ||
| 8/12/2021 | Listed for sale | $3,325,000+241.7%$629/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6073357 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/22/2019 | Listing removed | $1,800 |
Source: Owner Report a problem | ||
| 10/14/2019 | Listed for rent | $1,800 |
Source: Owner Report a problem | ||
| 8/19/2019 | Sold | $973,000-11.5%$184/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5252498 Report a problem | ||
| 7/16/2019 | Pending sale | $1,100,000$208/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5252498 Report a problem | ||
| 3/30/2018 | Listed for sale | $1,100,000+47.1%$208/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4923205 Report a problem | ||
| 5/16/2012 | Sold | $748,000-6.4%$141/sqft |
Source: Public Record Report a problem | ||
| 3/16/2012 | Listed for sale | $799,000$151/sqft |
Source: RE/MAX Results #4131269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,875 +14.8% | $4,008,000 +12.8% |
| 2024 | $39,099 +6.5% | $3,553,300 +8.4% |
| 2023 | $36,703 +120.8% | $3,278,200 +7.8% |
| 2022 | $16,622 +25.3% | $3,040,000 +135.1% |
| 2021 | $13,262 +22.1% | $1,293,000 +24.8% |
| 2020 | $10,866 -18.1% | $1,036,000 +25.7% |
| 2019 | $13,262 +22.1% | $824,000 +0.9% |
| 2018 | $10,866 -6.6% | $817,000 +2.1% |
| 2017 | $11,635 +8.1% | $800,000 +6.7% |
| 2016 | $10,762 +5.7% | $750,000 +2.6% |
| 2015 | $10,187 +2.8% | $731,000 +8% |
| 2014 | $9,908 +7% | $677,000 -0.4% |
| 2013 | $9,264 -3.1% | $680,000 -7.2% |
| 2012 | $9,563 -3% | $733,000 -6.6% |
| 2011 | $9,855 +5.4% | $785,000 -3.6% |
| 2010 | $9,352 +23.9% | $814,000 +16.3% |
| 2009 | $7,547 +67.3% | $700,000 +67.7% |
| 2006 | $4,511 +9.3% | $417,500 +15% |
| 2005 | $4,128 +8.9% | $363,100 +15% |
| 2004 | $3,792 +7.4% | $315,800 +13.3% |
| 2002 | $3,530 -42.9% | $278,800 |
| 2001 | $6,185 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 1.4 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.6 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.9 mi
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Estimated market value
$3,494,600
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Estimated market value
$3,494,600
- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 165 Mound Ave
Nearby cities
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