Rare Tonka Bay Opportunity - Double Lot, Award-Winning Schools, Walkable to Lake Minnetonka!
Live in the actual city of Tonka Bay - one of the area's most coveted gems. This solid, well-built home sits on a rare half-acre double lot tucked on a quiet street. Very clean and well-maintained, with room to update and personalize over time.
The main level includes three bedrooms, an updated full bath, and a sun-filled 4-season porch overlooking a serene natural wetland area. The kitchen features granite countertops, stainless steel appliances, and an adjacent main-floor laundry that could convert to a future primary bath if desired.
The walkout lower level adds valuable living space, including two large family rooms and a remodeled 3/4 bath. A fourth bedroom offers flexibility as a home office, guest room, or exercise area. Outdoor living shines with a spacious deck and screened porch that offer scenic, private views.
Perks include access to Tonka Bay’s beautiful community parks and lake amenities like Crescent Beach, Mainitou Park, Wekota Park - all maintained by the city for residents. The home also benefits from Andersen windows, a newer roof, and a concrete driveway. Located within the award-winning Minnetonka School District and just minutes to downtown Excelsior’s shopping and dining.
Tonka Bay residents can apply for a Lake Minnetonka boat slip (waitlist applies) and enjoy walkable lake access via a nearby fire lane - perfect for kayaking, paddleboarding, or fishing from the shore. Extremely rare to find this opportunity within the actual city limits. Easy to show - schedule your tour today!
Closed
$575,000
20 Woodlawn Ave, Tonka Bay, MN 55331
4beds
2,309sqft
Single Family Residence
Built in 1985
0.53 Acres Lot
$599,600 Zestimate®
$249/sqft
$3,337 Estimated rent
Home value
$599,600
$552,000 - $648,000
$3,337/mo
Zestimate® history
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$3,710/mo
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Zillow last checked:
Listing updated:
Listed by:
Justin L Tolle 612-532-1298,
NOW Realty
Bought with:
Heather Reynolds
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6739588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 1221 Square Feet
- Dimensions: 11x111
Bedroom 4
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15x13
Other
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 16x15
Deck
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Deck
- Level: Lower
- Area: 280 Square Feet
- Dimensions: 20x14
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Family room
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 20x12
Other
- Level: Main
- Area: 315 Square Feet
- Dimensions: 21x15
Kitchen
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17x12
Screened porch
- Level: Lower
- Area: 140 Square Feet
- Dimensions: 14x10
Heating
- Ductless Mini-Split, Forced Air, Fireplace(s)
Cooling
- Central Air, Ductless Mini-Split
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Main Level
Features
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Electric, Wood Burning
Interior area
- Total structure area: 2,309
- Total interior livable area: 2,309 sqft
- Finished area above ground: 1,540
- Finished area below ground: 769
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20.1 x 21.2)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Waterfront features: Other, Pond
Lot
- Size: 0.53 Acres
- Dimensions: 120 x 194 x 120 x 194
- Features: Tree Coverage - Medium
Details
- Foundation area: 1244
- Additional parcels included: 2811723430003
- Parcel number: 2811723430068
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Slocums Rearrangement/Mainton
HOA
- Has HOA: No
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $328,400
- Annual tax amount: $6,760
- Date on market: 7/29/2025
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $575,000+0.9%$249/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6739588 Report a problem | ||
| 8/11/2025 | Pending sale | $569,900$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6739588 Report a problem | ||
| 7/31/2025 | Listed for sale | $569,900$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6739588 Report a problem | ||
| 11/5/2021 | Sold | $569,900$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6105429 Report a problem | ||
| 10/10/2021 | Pending sale | $569,900$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6105429 Report a problem | ||
| 10/8/2021 | Price change | $569,900+3.6%$247/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6105429 Report a problem | ||
| 9/27/2021 | Listed for sale | $549,900+120%$238/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6105429 Report a problem | ||
| 12/6/1999 | Sold | $249,900$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,269 +0.3% | $328,400 +9.5% |
| 2024 | $3,258 +17.8% | $300,000 -4.7% |
| 2023 | $2,766 -42.3% | $314,700 +19.7% |
| 2022 | $4,798 +1.8% | $263,000 -36.6% |
| 2021 | $4,714 -1.8% | $415,000 +3% |
| 2020 | $4,799 +1.8% | $403,000 +3.1% |
| 2019 | $4,714 -1.8% | $391,000 +4.3% |
| 2018 | $4,799 +9.9% | $375,000 +12.6% |
| 2017 | $4,368 +6.1% | $333,000 +5.7% |
| 2016 | $4,116 +4.5% | $315,000 |
| 2015 | $3,940 +0.2% | $315,000 +2.9% |
| 2014 | $3,933 -1.3% | $306,000 -2.9% |
| 2013 | $3,985 +2.7% | $315,000 -2.5% |
| 2012 | $3,880 +4.1% | $323,000 -0.6% |
| 2011 | $3,727 +2.6% | $325,000 -6.1% |
| 2010 | $3,631 -6.8% | $346,000 -9.9% |
| 2009 | $3,897 +5.2% | $384,000 +10.3% |
| 2006 | $3,705 +6.8% | $348,000 +12.4% |
| 2005 | $3,468 +6.5% | $309,500 +12.6% |
| 2004 | $3,256 +6.2% | $274,800 +12% |
| 2002 | $3,065 -42.6% | $245,400 |
| 2001 | $5,339 | -- |
Find assessor info on the county website
Neighborhood: 55331
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Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 1.3 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 4 mi
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Estimated market value
$599,600
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Estimated market value
$599,600
- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 20 Woodlawn Ave
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