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50 Highland Avenue

Tonka Bay, MN 55331

4 beds
3 baths
4,146 sqft
~3/4 acre lot
$420 per sqft
1987 build
– on site

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This is a gem on Lake Minnetonka. Nestled on a quiet cove off Gideon's Bay, you will find this exceptional, architecturally designed home. Designed by owner and architect Kilstofte, the home was built with unparalleled craftsmanship and has timeless appeal. Set on a serene .72-acre lot, the property is perfectly sited and offers breathtaking, long and peaceful views of Lake Minnetonka. A sanctuary for nature lovers, you will enjoy frequent visits from Mallard ducks, loons, and majestic bald eagles. The layout is designed to embrace the beauty of its surroundings, with expansive windows offering sweeping views of the tranquil bay and lake, seamlessly blending the indoor living spaces with the natural beauty outside. The interior of the home is painted in neutral colors and offers a calm and natural tranquility. The main level features gorgeous Cumaru plank floors, a South American hardwood. The bathrooms were beautifully updated and include luxurious subway-tiled showers and heated tile floors. The chef-inspired kitchen is well equipped, with stainless steel appliances, extensive cabinetry and an expansive peninsula with granite countertops, ideal for the home chef. It’s perfect for quiet meals at home or entertaining friends and family with beautiful lake views in the backdrop. Outdoors, the property offers even more to enjoy—a large deck, lush gardens, a rain garden, and a private island. The island is shared with one neighbor and offers a gathering space, firepit and an all season, private dock on Lake Minnetonka. Whether you’re boating, fishing, or simply relaxing by the water, this property offers the perfect setting to unwind and enjoy the best of lakeside living. Every detail of this home has been meticulously maintained, with significant updates including a new roof, new windows, and new HVAC system. Lakeside, a footbridge will bring you to the island where you will find a boat dock, lift and shore power. Whether you’re savoring the peaceful setting or enjoying all that Lake Minnetonka has to offer, this property is a true sanctuary—an extraordinary opportunity to own a home in one of the most coveted locations, just minutes from the historic Village of Excelsior.

Listing courtesy of NORTHSTAR / Sharla Stafford / Coldwell Banker Realty

Last checked: Checking… • Last updated Jan 7, 2025 •

MLS# 6626955 —

The Building

Year Built:

1987
New Construction:

false
Age Of Property:

38
Construction Materials:

Brick/Stone, Stucco
Construction Materials Desc:

Block,Frame
Roof:

Age 8 Years or Less, Asphalt, Flat, Pitched, Rubber
Accessibility Features:

None
Levels:

Modified Two Story
Main Level Finished Area:

1350.0000
Basement:

Block, Full, Tile Shower, Walkout
Basement:

true
Foundation Area:

1647
Manufactured Home:

No
Building Area Total:

4146
Above Grade Finished Area:

2796
Below Grade Finished Area:

1350

Interior

Dining Room Description:

Breakfast Area,Eat In Kitchen,Living/Dining Room
Fireplace:

true
Fireplaces Total:

3
Fireplace Features:

Family Room, Gas, Living Room, Wood Burning
Amenities:

Balcony,Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Satelite Dish,Skylight,Boat Slip,Sun Room,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Room Dimensions

Living Area:

4146

Location

Directions:

County Road 19 to Tonka Bay Road East to Highland Ave, South to home.
Latitude:

44.915951
Longitude:

-93.588416

The Property

Parcel Number:

2811723140048
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Tree Coverage - Medium, Underground Utilities
Lot Size Area:

0.72
Lot Size Dimensions:

177x89x150x101x98
Lot Size SqFt:

31363.2
Lot Size Units:

Acres
View:

Bay, Lake
Lake Chain:

N
Lake Acres:

14205
Lake Depth:

113
Water Body Name:

Minnetonka
Waterfront Slope:

Gradual
Waterfront Feet:

89
Waterfront Elevation:

4-10
Road Between Waterfront and Home:

No
Road Frontage Type:

City Street
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

13943
Tax With Assessments:

13943.0000

Beds

Bedrooms Total:

4

Baths

Total Baths:

3
Bath Description:

3/4 Basement,3/4 Primary,Private Primary,Upper Level Full Bath
Full Baths:

1
Three Quarter Baths:

2

The Listing

Heating & Cooling

Heating:

Forced Air, Radiant Floor
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Gideons Bay Woods
Pool Features:

None
Waterfront:

true
Waterfront Features:

Dock, Lake Front, Lake View
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Asphalt, Shared Driveway, Garage Door Opener, Storage, Tuckunder Garage
Garage Spaces:

3
Garage Door Height:

7
Garage Dimensions:

34 x 24
Garage SqFt:

816

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Air Pollution Index

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Max Internet Speed

Mediacom

Provided by BroadbandNow®

Utility Costs

$196/mo.

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Sale history

Date	Event	Source	Price	% Change
1/7/25 Jan 7, 2025	Sold	NORTHSTAR	$1,745,000	0.6%
11/15/24 Nov 15, 2024	Pending	NORTHSTAR	$1,735,000
11/8/24 Nov 8, 2024	Listed / Active	NORTHSTAR	$1,735,000

House Sold on 1/7/2025

$1,745,000

Listing provided by broker:

Sharla Stafford

Coldwell Banker Realty

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Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

50 Highland Avenue

Tonka Bay, MN 55331