Tonka Bay Homes For Sale

In the Tonka Bay area, you will find all of your shopping and dining desires. Check out one of the many unique boutiques or stop for some tacos or a margarita at Lago Tacos! If you’re interested in moving to a charming area on one of the best lakes in Minnesota, browse our listings for homes for sale in Tonka Bay today!

Median Home Price: $612,930

Tonka Bay


Situated on the pristine shores Lake Minnetonka, Tonka Bay boasts beautiful parks, trails, and recreational amenities for residents of all ages to enjoy. Whether you enjoy spending time on the water, in the water, or reeling in your next big catch, the lake gives citizens ample opportunity to get out and play. If you’d prefer to spend your time on land, there are several parks and trails featuring ball fields, playground equipment, and so much more.


Tonka Bay is conveniently located near the cities of Shorewood and Excelsior, two retail destinations filled with unique shops and boutiques, as well as retailers supplying everyday essentials. From Truffle Hill Chocolates to Cub Foods, and Heartbreaker to Brightwater Clothing & Gear, you’ll find everything and anything you’re looking for, right nearby.


Hungry? The Tonka Bay area has something for absolutely everyone to sink his or her teeth into. Some local favorites include the spectacular New York style pizza at Joey Nova’s, the mouthwatering meatloaf and pecan walleye at the Hazellewood Grill and Taproom, and delectable tacos and burritos at Lagos Tacos!


The City of Tonka Bay not only encourages the use of the city’s extensive recycling program, but also provides a variety of educational resources to residents about how they can be as environmentally friendly as possible. Check out the city’s website for more information!


Minnetonka Public Schools, Independent School District #276, is responsible for providing comprehensive educational resources and services to the residents of Tonka Bay. This district is best known for its VANTAGE program, which allows students to gain significant insight and experience into their future professions. As an Advanced Professional Studies program, students can explore industries including Healthcare and Sports Science, Digital Journalism, Engineering, and more.


Metro Transit provides public transportation services to the residents of Tonka Bay via Route 671. This bus route stops at Tonka Bay City Hall and provides express service to Downtown Minneapolis, perfect for commuters!

Local Government

The Mayor and four additional councilmembers make up the Tonka Bay City Council. This governing body is responsible for the administration of city ordinances and policies so that residents can take advantage of city services with ease. The city council is also the legislative authority for the city, in addition to deciding how the city’s budget will be allocated.

City History

The City of Tonka Bay was first incorporated as a village on September 11th, 1901, though the community’s history began long before that day. First settled in 1853, Tonka Bay was laid claim to by a man named Peter Gideon. Between the first settlement and the village’s incorporation, hotels were built, and a railroad brought a population boom. Today, Tonka Bay is home to about 1,500 residents, with over half of the city’s 651 homes located on the water.

About Tonka Bay

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