Introducing 45 Clay Cliffe Drive in beautiful Tonka Bay, Minnesota. Located within the prestigious Clay Cliffe neighborhood, the only gated community on Lake Minnetonka, this exceptional residence includes a private dock and offers an unparalleled blend of luxury, privacy, and lake lifestyle amenities. Nestled on 0.65 acres with mature trees, this stunning two-story home features six bedrooms, six bathrooms, and 6,321 finished square feet thoughtfully designed for both everyday living and unforgettable entertaining. Filled with natural light, the open and versatile floor plan showcases modern finishes, artistic lighting, intricate tile and stonework, and a sophisticated mix of flooring and wall coverings that create warmth and elegance throughout. Expansive living spaces provide the perfect setting for gathering with family and friends, while the home's exceptional design leaves a lasting impression at every turn. The main level features a chef-inspired kitchen, formal and informal entertaining spaces, dining room, new home theater, main floor laundry and guest suite. Upstairs, the luxurious primary suite offers a spa-like bathroom and private balcony retreat. Three additional bedrooms, three bathrooms, secondary laundry, and rooftop sundecks complete the upper level. Outside, enjoy the beautifully landscaped grounds, spacious patio, deeded boat dock and four-car attached garage. Residents of Clay Cliffe enjoy year-round lawn and snow service, exclusive access to a shared lakeside gazebo, and two tennis courts. This property is minutes from the shopping, dining, and charm of downtown Excelsior. Located in award-winning Minnetonka School District.
Closed
$2,500,000
45 Clay Cliffe Dr, Tonka Bay, MN 55331
6beds
6,321sqft
Single Family Residence
Built in 1985
0.65 Acres Lot
$2,499,800 Zestimate®
$396/sqft
$7,061 Estimated rent
Home value
$2,499,800
$2.32M - $2.67M
$7,061/mo
Zestimate® history
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List your homeWhat's special
Modern finishesDeeded boat dockPrivate dockSpacious patioFour-car attached garageTwo tennis courtsIntricate tile and stonework
Zillow last checked:
Listing updated:
Listed by:
Sarah Polovitz 612-743-6801,
Compass
Bought with:
Kettley & Co. Inc. - Yorkville
Source: MRED as distributed by MLS GRID,MLS#: 12648640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Rooms
- Room types: Bedroom 5, Bedroom 6, Theatre Room, Enclosed Porch Heated
Primary bedroom
- Features: Bathroom (Full)
- Level: Second
- Area: 285 Square Feet
- Dimensions: 19X15
Bedroom 2
- Level: Second
- Area: 216 Square Feet
- Dimensions: 18X12
Bedroom 3
- Level: Second
- Area: 176 Square Feet
- Dimensions: 11X16
Bedroom 4
- Level: Second
- Area: 143 Square Feet
- Dimensions: 11X13
Bedroom 5
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19X12
Bedroom 6
- Level: Main
- Area: 187 Square Feet
- Dimensions: 11X17
Dining room
- Level: Main
- Area: 345 Square Feet
- Dimensions: 23X15
Other
- Level: Main
- Area: 299 Square Feet
- Dimensions: 13X23
Family room
- Level: Main
- Area: 420 Square Feet
- Dimensions: 21X20
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Island, Pantry-Walk-in, Custom Cabinetry, Pantry, Updated Kitchen)
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16X15
Laundry
- Level: Second
- Area: 36 Square Feet
- Dimensions: 6X6
Living room
- Level: Main
- Area: 391 Square Feet
- Dimensions: 23X17
Other
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15X15
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Oven, Gas Cooktop
- Laundry: Laundry Closet, Multiple Locations
Features
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Double Sided, Family Room, Living Room
Interior area
- Total structure area: 6,321
- Total interior livable area: 6,321 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 4
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Has view: Yes
- View description: Front of Property
- Has water view: Yes
- Water view: Front of Property
Lot
- Size: 0.65 Acres
Details
- Additional structures: Boat Dock
- Parcel number: 2811723210022
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Tennis Court(s), Lake, Dock, Water Rights, Gated
HOA
- Has HOA: Yes
- Services included: Lake Rights, Other
- HOA fee: $4,000 annually
Location
- Region: Tonka Bay
Financial & listing details
- Price per square foot: $396/sqft
- Tax assessed value: $2,525,600
- Annual tax amount: $30,856
- Date on market: 5/15/2026
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
- Has irrigation water rights: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $2,500,000+0%$396/sqft |
Source:  MRED as distributed by MLS GRID #12648640 Report a problem | ||
| 12/27/2023 | Sold | $2,499,000+2%$395/sqft |
Source: Public Record Report a problem | ||
| 6/14/2022 | Sold | $2,450,000+206.3%$388/sqft |
Source: Public Record Report a problem | ||
| 10/14/2015 | Sold | $800,000-5.9%$127/sqft |
Source: Public Record Report a problem | ||
| 12/7/2000 | Sold | $850,000+61.9%$134/sqft |
Source: Public Record Report a problem | ||
| 7/16/1998 | Sold | $525,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,856 +6.9% | $2,525,600 +2.4% |
| 2024 | $28,855 +134.3% | $2,467,600 +1.2% |
| 2023 | $12,315 +5.1% | $2,439,200 +128% |
| 2022 | $11,713 +3.5% | $1,070,000 +14.6% |
| 2021 | $11,313 -6.5% | $934,000 +4.4% |
| 2020 | $12,102 +7% | $895,000 -1.5% |
| 2019 | $11,313 -6.5% | $909,000 +14.5% |
| 2018 | $12,102 +14.8% | $794,000 -0.1% |
| 2017 | $10,544 -1.3% | $795,000 -11.7% |
| 2016 | $10,688 -14.3% | $900,000 |
| 2015 | $12,468 -11.4% | $900,000 -20.6% |
| 2014 | $14,064 -15.1% | $1,133,000 -1.5% |
| 2013 | $16,571 -0.3% | $1,150,000 -5.1% |
| 2012 | $16,627 +1.4% | $1,212,000 -3.1% |
| 2011 | $16,406 -8.6% | $1,251,000 -15.8% |
| 2010 | $17,950 +4.2% | $1,485,000 -0.5% |
| 2009 | $17,228 +29.2% | $1,492,000 +34.5% |
| 2006 | $13,336 +8.9% | $1,109,000 +14.3% |
| 2005 | $12,242 -2.7% | $970,000 +9.6% |
| 2004 | $12,578 +23.8% | $885,200 +21.2% |
| 2002 | $10,159 -42.7% | $730,600 |
| 2001 | $17,739 | -- |
Find assessor info on the county website
Neighborhood: 55331
Nearby homes
- $---- bd-- ba-- sqft45 Clay Cliffe Dr, Excelsior, MN 55331Off Market
- $2,435,5004 bd4 ba6k sqft55 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $2,277,1005 bd6 ba6.2k sqft25 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $574,5003 bd2 ba1.2k sqft155 Wildhurst Rd, Tonka Bay, MN 55331Off Market
- $420,0002 bd1 ba1.5k sqft147 Wildhurst Rd, Tonka Bay, MN 55331Sold
- $6,814,8002 bd5 ba10k sqft60 Clay Cliffe Dr, Tonka Bay, MN 55331Off Market
- $---- bd-- ba-- sqft60 Clay Cliffe Dr, Excelsior, MN 55331Off Market
- $819,3004 bd2 ba2.8k sqft145 Wildhurst Rd, Tonka Bay, MN 55331Off Market
Nearby schools
GreatSchools rating
- 9/10Minnewashta Elementary SchoolGrades: K-5Distance: 1.6 mi
- 9/10Minnetonka West Middle SchoolGrades: 6-8Distance: 2.2 mi
- 10/10Minnetonka Senior High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- High: Minnetonka
- District: 276
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,499,800
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Estimated market value
$2,499,800
- Minnesota
- Hennepin County
- Tonka Bay
- 55331
- 45 Clay Cliffe Dr
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