Incredible setting with extreme privacy on Lake Minnetonka 's only gated community, Clay Cliffe. Magnificent attention to detail on 1.13-acre, Lake Minnetonka, rolling green lot with 100 ft of direct level, sandy Lakeshore and one of the most prestigious neighborhoods. The spectacular home has been completely remodeled and is move in ready. With a new cedar shake and copper roof, new mechanicals and home systems, and beautifully redesigned kitchen, bathrooms, and upper, main, and lower levels, this home will exceed your expectations. Perfect for indoor and outdoor entertaining, it has all the amenities. A large, open, 3200 sf first floor connects beautifully to a spacious, private outdoor patio, heated pool, spa, outdoor kitchen, and vast lakeshore, there's nothing more you need. This home also has a four-car heated garage with additional workshop and storage. If tennis or pickle ball is a hobby, you are in the right neighborhood! Enjoy all the appointed details of this estate property
Closed
$5,500,000
40 Clay Cliffe Dr, Tonka Bay, MN 55331
5beds
8,019sqft
Single Family Residence
Built in 2003
1.14 Acres Lot
$5,914,600 Zestimate®
$686/sqft
$7,677 Estimated rent
Home value
$5,914,600
$5.38M - $6.57M
$7,677/mo
Zestimate® history
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$43,131/mo
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List your homeWhat's special
Heated poolAdditional workshopBeautifully redesigned kitchenSpectacular homeCopper roofFour-car heated garageOutdoor kitchen
Zillow last checked:
Listing updated:
Listed by:
Amy Hendel 612-414-7725,
Coldwell Banker Realty
Bought with:
Stickney Real Estate – David Stickney
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6387613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 440 Square Feet
- Dimensions: 20x22
Bedroom 2
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 4
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 5
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 15x16
Dining room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20x12
Exercise room
- Level: Lower
- Area: 238 Square Feet
- Dimensions: 17x14
Kitchen
- Level: Main
- Area: 578 Square Feet
- Dimensions: 34x17
Living room
- Level: Main
- Area: 500 Square Feet
- Dimensions: 25x20
Media room
- Level: Lower
- Area: 342 Square Feet
- Dimensions: 19x18
Office
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Sitting room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Forced Air, Fireplace(s), Hot Water, Humidifier, In-Floor Heating, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Other, Range, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Water Softener Owned
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level
Features
- Central Vacuum
- Basement: Block,Drain Tiled,8 ft+ Pour,Finished,Full,Storage/Locker,Sump Pump
- Number of fireplaces: 3
- Fireplace features: Double Sided, Brick, Masonry, Gas
Interior area
- Total structure area: 8,019
- Total interior livable area: 8,019 sqft
- Finished area above ground: 5,613
- Finished area below ground: 2,406
Property
Parking
- Total spaces: 4
- Parking features: Attached, Concrete, Floor Drain, Heated Garage
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Terrace
- Has private pool: Yes
- Pool features: In Ground, Heated
- Fencing: Partial
- Has view: Yes
- View description: Bay, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake Front, Lake Bottom(Sand)
- Frontage length: Water Frontage: 100
Lot
- Size: 1.14 Acres
- Dimensions: 171 x 310 x L100 x 415
- Features: Accessible Shoreline, Cleared, Irregular Lot
Details
- Foundation area: 3200
- Parcel number: 2811723120012
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Shake,Age 8 Years or Less,Metal
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Clay Cliffe
HOA
- Has HOA: Yes
- Amenities included: Beach Access, Boat Slip, Boat Dock, Spa/Hot Tub, In-Ground Sprinkler System, Patio, Tennis Court(s)
- Services included: Lawn Care, Other, Maintenance Grounds, Professional Mgmt, Security System, Shared Amenities, Snow Removal
- HOA fee: $7,486 annually
- HOA name: Clay Cliffe
- HOA phone: 844-958-1754
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $5,395,600
- Annual tax amount: $47,597
- Date on market: 6/19/2023
- Cumulative days on market: 1 day
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2023 | Sold | $5,500,000+2.8%$686/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6387613 Report a problem | ||
| 6/19/2023 | Pending sale | $5,350,000$667/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6387613 Report a problem | ||
| 6/17/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6387613 Report a problem | ||
| 6/16/2023 | Listed for sale | $5,350,000+59.7%$667/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6387613 Report a problem | ||
| 11/9/2011 | Sold | $3,350,000-21.9%$418/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1595384 Report a problem | ||
| 9/23/2011 | Listed for sale | $4,290,000+16.7%$535/sqft |
Source: Lakes Sotheby's International Realty #4087787 Report a problem | ||
| 3/24/2011 | Sold | $3,675,000-10.4%$458/sqft |
Source: Public Record Report a problem | ||
| 11/6/2010 | Price change | $4,100,000-3.5%$511/sqft |
Source: Edina Realty #3901482 Report a problem | ||
| 9/26/2010 | Price change | $4,250,000-5.5%$530/sqft |
Source: Edina Realty #3901482 Report a problem | ||
| 5/1/2010 | Listed for sale | $4,495,000+104.8%$561/sqft |
Source: Edina Realty #3901482 Report a problem | ||
| 5/25/2004 | Sold | $2,195,152+3.3%$274/sqft |
Source: Agent Provided Report a problem | ||
| 8/23/2002 | Sold | $2,125,000+119.2%$265/sqft |
Source: Public Record Report a problem | ||
| 10/12/1994 | Sold | $969,500$121/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $65,799 +25.7% | $5,395,600 +4.3% |
| 2024 | $52,334 +10% | $5,173,600 +18.6% |
| 2023 | $47,597 -2.8% | $4,362,100 +11.3% |
| 2022 | $48,993 +1.6% | $3,920,000 +7.1% |
| 2021 | $48,217 +3.2% | $3,661,000 +2.7% |
| 2020 | $46,733 -3.1% | $3,565,000 -0.8% |
| 2019 | $48,217 +3.2% | $3,594,000 -4.7% |
| 2018 | $46,733 -10.5% | $3,773,000 +4.8% |
| 2017 | $52,192 +2.7% | $3,599,000 +8.1% |
| 2016 | $50,835 +6.2% | $3,329,000 |
| 2015 | $47,847 -3.3% | $3,329,000 +6% |
| 2014 | $49,466 +0.2% | $3,140,000 -3.6% |
| 2013 | $49,345 +5.1% | $3,258,000 -0.3% |
| 2012 | $46,940 +5.7% | $3,267,000 +0.7% |
| 2011 | $44,408 +2.7% | $3,243,000 -6.2% |
| 2010 | $43,231 +4.1% | $3,458,000 -0.6% |
| 2009 | $41,529 +41.9% | $3,480,000 +49.2% |
| 2006 | $29,266 +34.5% | $2,332,100 +40.6% |
| 2005 | $21,752 +20% | $1,658,400 +26.3% |
| 2004 | $18,125 +8% | $1,313,400 +13.9% |
| 2002 | $16,784 -41.1% | $1,153,600 |
| 2001 | $28,473 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby homes
- $4,668,0005 bd7 ba9.5k sqft30 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $4,248,0004 bd5 ba5.2k sqft50 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $1,380,8004 bd4 ba5.4k sqft45 Arbor Ct, Tonka Bay, MN 55331Off Market
- $3,287,6004 bd4 ba6.8k sqft55 Arbor Ct, Tonka Bay, MN 55331Off Market
- $2,277,1005 bd6 ba6.2k sqft25 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $1,370,2004 bd4 ba4.6k sqft35 Arbor Ct, Tonka Bay, MN 55331Off Market
- $6,814,8002 bd5 ba10k sqft60 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $---- bd-- ba-- sqft60 Clay Cliffe Dr, Excelsior, MN 55331Off Market
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 1.6 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.3 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$5,914,600
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Estimated market value
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- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 40 Clay Cliffe Dr
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