365 Lakeview Avenue, Excelsior, MN 55331

New Listing

$3,350,000

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,172 Lot Size (sq. ft.): 7,405 Status: Pending

Current Price: $3,350,000 List Date: 9/18/2026 Last Modified: 9/18/2026

Overview

Description

Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck drama ... (Read more) Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck dramatically expands the living space outdoors and is equipped with radiant heaters, ceiling fans, speakers, Phantom Screens, and a TV hookup, making it an ideal place to relax or entertain throughout much of the year while overlooking Gideon Bay. All four bedrooms are conveniently located on the upper level, including a versatile fourth bedroom above the garage that could easily function as a recreation room, bonus room, media room, or additional family room depending on your needs. The heated 3-car garage is another standout feature, complete with in-floor heat for year-round comfort and exceptional storage. Outside, the professionally designed landscaping enhances the lakefront setting. The property is located next to a fire lane, creating a substantial amount of additional open space along the east side of the home and providing greater separation from the neighboring property. Beyond the home itself, this quiet and highly desirable Tonka Bay street offers an outstanding Lake Minnetonka lifestyle just a short walk from the Caribbean Marina area and lakeside dining, while nearby Wekota Park and Beach features a sandy Lake Minnetonka beach, playground, walking trail, picnic areas, basketball, one tennis court, and three pickleball courts. Tonka Bay is also ideally positioned just west of Excelsior, putting the shops, restaurants, waterfront amenities, and vibrant downtown Excelsior area within easy reach. With its prime Gideon Bay frontage, level lakeside lot, panoramic south-facing views, exceptional outdoor entertaining spaces, gourmet kitchen, four upper-level bedrooms, heated three-car garage, and walkable access to some of Tonka Bay's best recreation and lake amenities, 365 Lakeview Ave offers a rare opportunity to enjoy one of the most desirable lifestyles on Lake Minnetonka.

Listing Details MLS# 7051213

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 62
Waterfront YN: Yes
Year Built: 2020
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1384
Above Grd Total SqFt: 3172
Total SqFt: 3172
Total Finished Sqft: 3172.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1384
Power Company: Xcel Energy
Garage Stalls: 3
Lot Dimensions: 50x132x62x162
Acres: 0.17
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Boat Slip; Ceiling Fan(s); Deck; Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Panoramic View; Porch; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Wine Cooler Assumable Loan: Not Assumable Basement: None Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Area; Breakfast Bar; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Elevation Highpoint to Waterfront Slope: Level Exterior: Fiber Board Family Room Characteristics: 2 or More; Family Room; Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: Slab Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Internet Options: Fiber Optic Lake Details: Sand Laundry: Laundry Room; Upper Level Lock Box Type: Combo Lot Description: Tree Coverage - Light Parking Characteristics: Finished Garage; Garage Door Opener; Heated Garage; Storage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles; Metal; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 4 BR on One Level; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront Type: Lake Front; Lake View; Dock Waterfront View: Lake; Panoramic; South

Contract Information

Off Market Date: 2026-09-17
Contingency: None
Original List Price: 3350000
ListPrice: 3350000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 365
Street Name: Lakeview
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Minnetonka Lake Park

Assessments

Tax With Assessments: 32738.32

Building Information

Finished SqFt Above Ground: 3172

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 4-10

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 33x24
Garage Square Feet: 800

Public Survey Info

Range#: 23
Section#: 27
Township#: 117

Room Information

Room Name	Level
Dining Room	Main
Family Room	Main
First (1st) Bedroom	Upper
Fourth (4th) Bedroom	Upper
Kitchen	Main
Laundry	Upper
Living Room	Main
Mud Room	Main
Pantry (Walk-In)	Main
Screened Porch	Main
Second (2nd) Bedroom	Upper
Third (3rd) Bedroom	Upper

Listing Office: RE/MAX Results

Last Updated: September - 18 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

365 Lakeview Avenue, Excelsior, MN 55331 (MLS# 7051213)