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$3,100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 3,190 Sq. Ft.
  • 2 Car Garage
  • Updated 9 hours ago
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Lake Minnetonka Lakeshore! Prime Lower Lake location with clear water, hard sand bottom and level lakeside lawn. Kathy Alexander-designed and Ador built, this two-story lives like new construction. Panoramic views of the water stretch across Excelsior, Gale Island, and beyond - perfect for watching the Excelsior fireworks from your own backyard. Inside, a crisp white interior features hardwood floors and a dramatic wall of glass that opens to the patio and lawn. Open concept main floor with center-island kitchen, great room with fireplace and lakeside covered porch with phantom screens. Upstairs features a primary suite with luxury bath, three additional bedrooms, laundry and a flex space perfect for den or exercise. Great location just minutes from downtown Excelsior with easy access to parks, trails, and award-winning Minnetonka Schools.

Full Property Details for 245 Lakeview Ave

General

  • Price: $3,100,000
  • Taxes: $25,808 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7017958
  • Updated: Today (2/12/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Living Room
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Water Osmosis System, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Formal Dining Room: Eat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Laundry: Laundry Room, Sink, Upper Level, Laundry Room, Sink, Upper Level

Additional Information

  • Amenities: Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Natural Woodwork, Patio, Panoramic View, In-Ground Sprinkler, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Covered, Patio, Rear Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 21 x 28
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage

Location

  • County: Hennepin
  • Township: Tonka Bay
  • Driving Directions: County Road 15 West to Shadywood Road, South to Tonka Bay Road, South East to Lakeview Avenue to Home on the Lake

School Information

  • School District: 1246 - Minnetonka
  • High School District: Minnetonka

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, In-Floor Heating
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Foundation Size: 1436
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 3,190
  • Above Ground: 3,190 Sq. Ft.
  • Year Built: 2019

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Dimensions: 41 x 220 x 30 x 220
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Water Features

  • Water Front Desc.: Lakefront, Lake View
  • Water Front Feet: 41
  • Lake Front: Yes
  • Lake Bottom: Sand

Financial Considerations

  • Tax Amount: $25,808
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 019 AUDITOR'S SUBD. NO. 113
  • Property ID: 2711723240003
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 245 Lakeview Ave —

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NMLS#: 1598647

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Schools serving 245 Lakeview Ave

School District:Minnetonka Public School District
NameGradesDistance
Minnewashta Elementary School
26350 Smithtown Rd, Excelsior, MN 55331
K-52.2 mi
Minnetonka West Middle School
6421 Hazeltine Boulevard, Excelsior, MN 55331
6-81.9 mi
Minnetonka Senior High School
18301 Minnesota 7, Minnetonka, MN 55345
9-123.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 245 Lakeview Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$3,100,000
342.86%
MLS
11/11/2016
Sold
$700,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 245 Lakeview Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,808
25%
$2,076,700
18%
2023
$20,630
9%
$1,765,600
10%
2023
$18,889
—
$1,601,000
20%
2023
$18,889
89%
$1,330,000
74%
2020
$10,008
12%
$765,000
12%
2019
$8,937
-1%
$683,000
-1%
2018
$9,026
15%
$692,000
15%
2017
$7,833
-1%
$604,000
—
2016
$7,951
—
$603,000
—
2015
$7,952
5%
$603,000
8%
2014
$7,560
3%
$556,000
—
2013
$7,352
—
$557,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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245 Lakeview Avenue, Tonka Bay, MN 55331 (MLS# 7017958) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 245 Lakeview Avenue is currently listed for $3,100,000 and was received on February 12, 2026. This property is listed by Gregg Larsen from our Wayzata Office.Want to learn more about 245 Lakeview Avenue? Do you have questions about finding other Single Family real estate for sale in Tonka Bay? You can browse all Tonka Bay real estate or contact a Coldwell Banker agent to request more information.

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