South facing opportunity on Gideons Bay, across the water from Excelsior. Open lake views and perfect elevation over your professional grade rip rap shoreline with sand bottom lakeshore. Classic 1930 built home with a thoughtful refresh and tons of character from the woodwork to the hardwood floors to the stunning vaulted space in the living room for a wash of natural light and drama. The lake side sun porch allows allows the perfect room to relax and enjoy the lakeside views. Main floor family room / den offers a separate living space. Spacious kitchen with eat in area and direct access to the lake side deck. Three beds up including a large primary suite, overlooking the lake. Two car attached garage with a wide driveway for extra parking. Full height basement allows gives plentiful storage. Walk to nearby Lost Bay and Carribean for lakeside dining and refreshments. Short drive or boat ride to all the entertainment and dining in Excelsior. High demand Minnetonka Schools.
Closed
$2,000,000
425 Lakeview Ave, Tonka Bay, MN 55331
3beds
3,535sqft
Single Family Residence
Built in 1930
9,147.6 Square Feet Lot
$2,253,200 Zestimate®
$566/sqft
$4,128 Estimated rent
Home value
$2,253,200
$2.07M - $2.46M
$4,128/mo
Zestimate® history
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$4,128/mo
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$12,962/mo
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List your homeWhat's special
Hardwood floorsLakeside viewsOpen lake viewsShort driveEat in areaLarge primary suiteExtra parking
Zillow last checked:
Listing updated:
Listed by:
Gary Petersen 952-451-0284,
Coldwell Banker Realty,
Ian J Petersen 612-910-6005
Bought with:
Scott Stabeck
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6407192
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 320 Square Feet
- Dimensions: 20 x 16
Bedroom 2
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14 x 12
Bedroom 3
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12 x 10
Deck
- Level: Main
Dining room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16 x 14
Exercise room
- Level: Basement
- Area: 169 Square Feet
- Dimensions: 13 x 13
Family room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17 x 16
Informal dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Living room
- Level: Main
- Area: 280 Square Feet
- Dimensions: 20 x 14
Storage
- Level: Basement
Sun room
- Level: Main
- Area: 400 Square Feet
- Dimensions: 20 x 20
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator
Features
- Basement: Full,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,535
- Total interior livable area: 3,535 sqft
- Finished area above ground: 2,955
- Finished area below ground: 580
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Bay, South, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake Front, Lake View
Lot
- Size: 9,147 sqft
- Dimensions: 54 x 179 x 54 x 168
- Features: Tree Coverage - Medium
Details
- Foundation area: 1934
- Parcel number: 2711723320015
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Tonka Bay
- Subdivision: Minnetonka Lake Park
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2023 | Sold | $2,000,000-8.9%$566/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6407192 Report a problem | ||
| 9/9/2023 | Pending sale | $2,195,000$621/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6407192 Report a problem | ||
| 8/6/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6407192 Report a problem | ||
| 8/2/2023 | Listed for sale | $2,195,000+68.8%$621/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6407192 Report a problem | ||
| 9/19/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/8/2022 | Listed for rent | $7,000$2/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/31/2021 | Sold | $1,300,000+477.8%$368/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6022278 Report a problem | ||
| 12/16/2015 | Sold | $225,000-61.9%$64/sqft |
Source: Public Record Report a problem | ||
| 9/8/1998 | Sold | $590,000$167/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,899 +20.3% | $1,852,200 +0% |
| 2024 | $19,037 +20.1% | $1,851,400 +13.2% |
| 2023 | $15,856 -3.5% | $1,635,200 +20.6% |
| 2022 | $16,430 +7.7% | $1,356,000 +6% |
| 2021 | $15,252 +1.6% | $1,279,000 +8.4% |
| 2020 | $15,010 -1.6% | $1,180,000 +6.4% |
| 2019 | $15,252 +1.6% | $1,109,000 -1% |
| 2018 | $15,010 -2.6% | $1,120,000 +7.7% |
| 2017 | $15,407 +7.4% | $1,040,000 +6.3% |
| 2016 | $14,349 +5.1% | $978,000 +6.5% |
| 2015 | $13,654 +7% | $918,000 +7.9% |
| 2014 | $12,765 +6.4% | $851,000 -0.6% |
| 2013 | $12,000 -5.2% | $856,000 -9.2% |
| 2012 | $12,660 -0.1% | $943,000 -4.3% |
| 2011 | $12,667 +5.1% | $985,000 -3.9% |
| 2010 | $12,056 -12.8% | $1,025,000 -15.5% |
| 2009 | $13,821 +48.9% | $1,213,300 +52.1% |
| 2006 | $9,283 +10.2% | $797,900 +15% |
| 2005 | $8,427 +9.9% | $693,900 +15% |
| 2004 | $7,667 +7.2% | $603,400 +12% |
| 2002 | $7,155 -44.4% | $538,800 |
| 2001 | $12,868 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby schools
GreatSchools rating
- 10/10Excelsior Elementary SchoolGrades: K-5Distance: 1 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 1.7 mi
- NAShorewood Education CenterGrades: 12Distance: 2.5 mi
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Estimated market value
$2,253,200
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Estimated market value
$2,253,200
- Minnesota
- Hennepin County
- Shorewood
- 55331
- 425 Lakeview Ave
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