Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck dramatically expands the living space outdoors and is equipped with radiant heaters, ceiling fans, speakers, Phantom Screens, and a TV hookup, making it an ideal place to relax or entertain throughout much of the year while overlooking Gideon Bay. All four bedrooms are conveniently located on the upper level, including a versatile fourth bedroom above the garage that could easily function as a recreation room, bonus room, media room, or additional family room depending on your needs. The heated 3-car garage is another standout feature, complete with in-floor heat for year-round comfort and exceptional storage. Outside, the professionally designed landscaping enhances the lakefront setting. The property is located next to a fire lane, creating a substantial amount of additional open space along the east side of the home and providing greater separation from the neighboring property. Beyond the home itself, this quiet and highly desirable Tonka Bay street offers an outstanding Lake Minnetonka lifestyle just a short walk from the Caribbean Marina area and lakeside dining, while nearby Wekota Park and Beach features a sandy Lake Minnetonka beach, playground, walking trail, picnic areas, basketball, one tennis court, and three pickleball courts. Tonka Bay is also ideally positioned just west of Excelsior, putting the shops, restaurants, waterfront amenities, and vibrant downtown Excelsior area within easy reach. With its prime Gideon Bay frontage, level lakeside lot, panoramic south-facing views, exceptional outdoor entertaining spaces, gourmet kitchen, four upper-level bedrooms, heated three-car garage, and walkable access to some of Tonka Bay's best recreation and lake amenities, 365 Lakeview Ave offers a rare opportunity to enjoy one of the most desirable lifestyles on Lake Minnetonka.
Pending
$3,350,000
365 Lakeview Ave, Tonka Bay, MN 55331
4beds
3,172sqft
Single Family
Built in 2020
7,405 Square Feet Lot
$3,355,200 Zestimate®
$1,056/sqft
$-- HOA
What's special
- 5 days
- 95
- 3
Zillow last checked:
Listing updated:
Listed by:
Ryan Fischer 612-888-6127,
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7051213
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Upper
Living room
- Level: Main
Mud room
- Level: Main
Other
- Level: Main
Screened porch
- Level: Main
Heating
- Forced Air, In-Floor Heating
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven, Washer, Water Softener Owned, Wine Cooler
- Laundry: Laundry Room, Upper Level
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,172
- Total interior livable area: 3,172 sqft
- Finished area above ground: 3,172
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage, Garage Door Opener, Heated Garage, Storage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (33x24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Porch, Screened
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front, Lake View, Waterfront Elevation(4-10), Lake Bottom(Sand)
- Frontage length: Water Frontage: 62
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 132 x 62 x 162
- Features: Tree Coverage - Light
Details
- Foundation area: 1384
- Parcel number: 2711723310006
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Metal,Pitched
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Minnetonka Lake Park
HOA
- Has HOA: No
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $1,056/sqft
- Tax assessed value: $2,528,200
- Annual tax amount: $32,738
- Date on market: 9/18/2026
- Road surface type: Paved
Estimated market value
$3,355,200
$2.99M - $3.79M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Pending sale | $3,350,000+211.6%$1,056/sqft |
Source: | ||
| 4/30/2019 | Sold | $1,075,000-2.3%$339/sqft |
Source: | ||
| 4/24/2019 | Listed for sale | $1,099,900$347/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5145552 Report a problem | ||
| 4/3/2019 | Pending sale | $1,099,900$347/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5145552 Report a problem | ||
| 2/7/2019 | Listed for sale | $1,099,900$347/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5145552 Report a problem | ||
| 11/30/2018 | Listing removed | $1,099,900$347/sqft |
Source: Coldwell Banker Burnet - Eden Prairie #5003730 Report a problem | ||
| 9/13/2018 | Price change | $1,099,900-4.3%$347/sqft |
Source: Coldwell Banker Burnet - Eden Prairie #5003730 Report a problem | ||
| 9/1/2018 | Price change | $1,149,000-2.2%$362/sqft |
Source: Coldwell Banker Burnet - Wayzata #4924653 Report a problem | ||
| 6/11/2018 | Price change | $1,175,000-6%$370/sqft |
Source: Coldwell Banker Burnet - Wayzata #4924653 Report a problem | ||
| 5/17/2018 | Listed for sale | $1,250,000$394/sqft |
Source: Coldwell Banker Burnet #4924653 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,060 +20.5% | $2,528,200 +5.1% |
| 2024 | $24,936 +20.8% | $2,406,000 +13.6% |
| 2023 | $20,634 -5.5% | $2,118,300 +21.6% |
| 2022 | $21,830 +38.6% | $1,742,000 +4.1% |
| 2021 | $15,750 +0.7% | $1,674,000 +37.7% |
| 2020 | $15,635 -0.7% | $1,216,000 +5.6% |
| 2019 | $15,750 +0.7% | $1,152,000 +0.5% |
| 2018 | $15,635 +1.3% | $1,146,000 +14.9% |
| 2017 | $15,436 +12.6% | $997,000 +6.5% |
| 2016 | $13,707 +5.3% | $936,000 +5.6% |
| 2015 | $13,015 +6% | $886,000 +7.7% |
| 2014 | $12,276 +5% | $823,000 -1.6% |
| 2013 | $11,689 -4.7% | $836,000 -8.7% |
| 2012 | $12,261 +1.3% | $916,000 -3.1% |
| 2011 | $12,104 +4.1% | $945,000 -4.7% |
| 2010 | $11,632 +16.3% | $992,000 +10.1% |
| 2009 | $10,003 +57.5% | $900,900 +57.3% |
| 2006 | $6,352 +10.9% | $572,900 +15% |
| 2005 | $5,727 +7.6% | $498,200 +15% |
| 2004 | $5,324 +8.2% | $433,300 +14.5% |
| 2002 | $4,923 -43.8% | $378,400 |
| 2001 | $8,759 | -- |
Find assessor info on the county website
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