Tonka Bay Real Estate

Echo Bay - Tonka Bay MinnesotaTonka Bay is a small, vibrant community tucked within the shores of Lake Minnetonka. Situated in the middle of Lake Minnetonka, it is the gateway between the upper and lower lake sections. Stephen Hull, an early Tonka Bay settler, founded the first channel to separate the upper and lower lakes. Originally called “Hulls Narrows,” it is now simply known as “The Narrows.” This cozy, charming lake town, about one square mile in size, is an enclave between the two main bodies of Lake Minnetonka. No other city of its size has more lakeshore. About half of the residents here live on the water, and it could be said that the other half live across the street.

For more details on any of these Tonka Bay homes for sale, just click the "Request More Information" button located on the detail page of each listing. We can provide you with disclosures, past sales history, dates and prices of properties recently sold nearby, and more.

Tonka Bay Real Estate Market StatsDecember 13, 2017
10
Listed
129
Avg. DOM
$344.89
Avg. $ / Sq.Ft.
$1,090,000
Med. List Price
10 Properties Found.
Sort By:

History of Tonka Bay Real Estate

Originally known as Lake Park, Peter Gideon staked out the 160 acres that is now Tonka Bay. Named for its founder, Gideon’s Bay is now one of Lake Minnetonka’s most pleasurable bays. As with many other Lake Minnetonka towns, Tonka Bay real-estate began with a Hotel. The Lake Park Hotel, one of the original, grand Tonka hotels, and later named the Tonka Bay Hotel welcomed visitors to Echo Bay in 1879. When tourism dwindled, permanent living began. Residents built modest summer cottages and grand manors. The current, varied real estate demographic reflects its beginnings. Clay Cliffe is one of Tonka Bay’s premier luxury home sites dating from 1890.  While this twenty-eight acre gated development is currently home to generous and handsome estates, home seekers will find everything from lakeside bungalows to gated communities in the charming Tonka Bay community.  Read More...

Web Analytics