Tonka Bay Homes for Sale

Tonka Bay, located in Hennepin County, Minnesota, is a charming city that offers a perfect blend of natural beauty and modern amenities. Known for its picturesque lakeside setting, Tonka Bay provides residents with a tranquil and scenic environment to call home. With a strong sense of community and a range of recreational activities available, Tonka Bay is an ideal place for families, young professionals, and retirees alike.

In Tonka Bay, you will find a variety of homes for sale to suit different preferences and budgets. From cozy lakeside cottages to spacious modern estates, there is something for everyone in this thriving real estate market. Whether you are looking for a waterfront property with stunning views or a secluded retreat surrounded by nature, Tonka Bay has it all.

If you are considering making Tonka Bay your new home, now is the perfect time to explore the available homes for sale and find your dream property in this idyllic city. Don't miss out on the opportunity to experience the unique lifestyle that Tonka Bay has to offer.

Newest Tonka Bay Homes for Sale

$499,999

4 Beds ⋅ 2 Baths ⋅ 7107184 MLS

Welcome to 5330 Manitou Road, a beautifully updated home in highly sought-after Tonka Bay, blending timeless character with thoughtful updates, including fresh paint and a brand-new roof completed in March 2026. The main living space features vaulted ceilings with stunning exposed beams, creating warmth, natural light, and an open feel perfect for everyday living and entertaining. Thoughtful built-ins, including a charming wine rack, add style and function, while the lower level offers a wet bar and flexible gathering space ideal for hosting. Outside, enjoy a private yard and an unbeatable location right next to Manitou Park, with easy access to new park improvements, including a baseball field, dog park, hockey rink, playground, and more. Just minutes from Lake Minnetonka and walkable to Excelsior for dining, coffee, and shopping, this home offers the perfect blend of lifestyle, location, and charm.

5330 Manitou Road, Tonka Bay

Listing courtesy of RE/MAX Results.

$1,275,000

3 Beds ⋅ 3 Baths ⋅ 7031321 MLS

Introducing Lake Park Villas, an exclusive community of 11 luxury main-level living twin homes. Built by ADOR Bespoke Homes, these new construction residences are thoughtfully designed villas offering three bedrooms, three bathrooms, and 2,988 finished square feet. Customize your new home with a variety of design selections and upgrade options. Located within minutes of charming Downtown Excelsior, offering boutique shopping, restaurants, grocery, and Lake Minnetonka amenities. Explore the Lake Minnetonka LRT Regional Trails for miles of walking and biking. Lake Park Villas is HOA-maintained, making this property an attractive option for seasonal residents.

5624 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,250,000

3 Beds ⋅ 3 Baths ⋅ 7031340 MLS

5654 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

$1,150,000

3 Beds ⋅ 3 Baths ⋅ 6764628 MLS

5650 Buffington Lane, Tonka Bay

Listing courtesy of Compass.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.