Lake Minnetonka Lakeshore! Prime Lower Lake location with clear water, hard sand bottom and level lakeside lawn. Kathy Alexander–designed and Ador built, this two-story lives like new construction. Panoramic views of the water stretch across Excelsior, Gale Island, and beyond — perfect for watching the Excelsior fireworks from your own backyard. Inside, a crisp white interior features hardwood floors and a dramatic wall of glass that opens to the patio and lawn. Open concept main floor with center-island kitchen, great room with fireplace and lakeside covered porch with phantom screens. Upstairs features a primary suite with luxury bath, three additional bedrooms, laundry and a flex space perfect for den or exercise. Great location just minutes from downtown Excelsior with easy access to parks, trails, and award-winning Minnetonka Schools.
Closed
$3,000,000
245 Lakeview Ave, Tonka Bay, MN 55331
4beds
3,190sqft
Single Family
Built in 2019
8,276.4 Square Feet Lot
$2,915,700 Zestimate®
$940/sqft
$5,367 Estimated rent
Home value
$2,915,700
$2.77M - $3.06M
$5,367/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gregg J Larsen 612-719-4477,
Coldwell Banker Realty
Bought with:
Patrick Morgan
Coldwell Banker Realty
Michelle L Skott Morgan
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017958
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 195 Square Feet
- Dimensions: 15 x 13
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 3
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 11 x 14
Bedroom 4
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13 x 10
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12 x 15
Flex room
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 16 x 12
Great room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17 x 16
Kitchen
- Level: Main
- Area: 270 Square Feet
- Dimensions: 15 x 18
Laundry
- Level: Upper
- Area: 70 Square Feet
- Dimensions: 7 x 10
Mud room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Screened porch
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13 x 13
Heating
- Forced Air, In-Floor Heating
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Water Osmosis System, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
- Laundry: Laundry Room, Sink, Upper Level
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,190
- Total interior livable area: 3,190 sqft
- Finished area above ground: 3,190
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (21 x 28)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Rear Porch, Screened
- Fencing: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake View, Lake Bottom(Sand)
- Frontage length: Water Frontage: 41
Lot
- Size: 8,276 sqft
- Dimensions: 41 x 220 x 30 x 220
- Features: Tree Coverage - Light
Details
- Foundation area: 1436
- Parcel number: 2711723240003
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Tonka Bay
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $3,000,000-3.2%$940/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017958 Report a problem | ||
| 5/22/2026 | Pending sale | $3,100,000$972/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017958 Report a problem | ||
| 2/12/2026 | Listed for sale | $3,100,000+313.4%$972/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017958 Report a problem | ||
| 9/2/2020 | Listing removed | $749,900+7.1%$235/sqft |
Source: Keller Williams Premier Realty #4770577 Report a problem | ||
| 11/18/2016 | Sold | $700,000-6.7%$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4770577 Report a problem | ||
| 10/17/2016 | Listed for sale | $749,900$235/sqft |
Source: Keller Williams Premier Realty #4770577 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,808 +25.1% | $2,159,300 +4% |
| 2024 | $20,630 +9.2% | $2,076,700 +17.6% |
| 2023 | $18,889 +10.3% | $1,765,600 +5.7% |
| 2022 | $17,127 +4.2% | $1,671,000 +25.6% |
| 2021 | $16,441 +64.3% | $1,330,000 +5.1% |
| 2020 | $10,008 -39.1% | $1,266,000 +65.5% |
| 2019 | $16,441 +64.3% | $765,000 +12% |
| 2018 | $10,008 +10.9% | $683,000 +13.1% |
| 2017 | $9,026 +15.2% | $604,000 +0.2% |
| 2016 | $7,833 -1.5% | $603,000 |
| 2015 | $7,951 0% | $603,000 +8.5% |
| 2014 | $7,952 +8.2% | $556,000 -0.2% |
| 2013 | $7,352 -4% | $557,000 -7.8% |
| 2012 | $7,659 -4.1% | $604,000 -7.4% |
| 2011 | $7,985 +1.2% | $652,000 -6.9% |
| 2010 | $7,891 +16.7% | $700,000 +10.1% |
| 2009 | $6,760 +77.6% | $635,600 +78% |
| 2006 | $3,807 +9.5% | $357,000 +15% |
| 2005 | $3,477 +9% | $310,500 +15% |
| 2004 | $3,189 +4.6% | $270,000 +12% |
| 2002 | $3,048 -41.8% | $241,100 |
| 2001 | $5,239 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 2.2 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.9 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$2,915,700
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Estimated market value
$2,915,700
- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 245 Lakeview Ave
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