55 Fairhope Avenue, Tonka Bay, MN 55331 - Photo 1

1/1

$2,120,000

Sold
Closed
Single Family
4 Beds
3 Full Baths
1 Partial Bath
3,199 Sq. Ft.
2 Car Garage

1/1

Property Description

Extraordinary opportunity to live surrounded by Lake Minnetonka! This property features over 100 feet of quiet water shoreline for a year-round dock and canopy, plus an additional 70 feet of sandy shoreline with a beach area, fire pit, and private swimming hole right off your back deck. The interior was beautifully remodeled in 2021, boasting new Cambria countertops, fresh interior and exterior paint, a refreshed primary bath, new doors and trim, a backup generator, and a hot tub-plus much more. Designed for both living and entertaining, the home includes a lower-level pub with heated floors, four bedrooms upstairs, and an additional living room with stunning lake views. A spacious top-floor bonus room offers even more flexibility. Don't miss the recently insulated and sheetrocked loft above the garage-ideal for a private office or workout space. Located in the Minnetonka School District, within the sought-after Minnewashta Elementary boundary.

Full Property Details

Full Property Details for 55 Fairhope Ave

General

Sold For: $2,120,000
Taxes: $22,977 (2024)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 6685388
Added to Site: 348 day(s) ago

Parking

Garage: Yes
Attached garage: Yes
Garage Description: 20 x 20
Garage Spaces: 2
Parking Features: Attached Garage, Concrete, Driveway - Other Surface, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage, More Parking Onsite for Fee, Storage

School Information

School District: 276 - Minnetonka
High School District: Minnetonka

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Forced Air, Fireplace(s), Humidifier, Radiant Floor, Zoned
Heating Fuel: Natural Gas

Utilities

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

Water Features

Water Front: Yes
Water Front Name: Minnetonka
Water Front Desc.: Lakefront
Water Front Feet: 194
Water Front Slope: Level
Water Front Num: 27013300
Lake Front: Yes
Lake Acres: 14205
Lake Bottom: Sand
Lake Depth: 113

Financial Considerations

Tax Amount: $22,977
Tax Year: 2024

Disclosures and Reports

Legal Description: TONKA FAIRHOPE THAT PART OF LOT 6 TONKA FAIRHOPE WHICH LIES SELY OF NWLY 12 FT THOF INCL SELY 13 FT OF VAC FAIRHOPE AVE ALSO TRACT A OF RLS NO 361 AND TRACT B OF RLS NO 1568
Property ID: 2111723410052

Listed by Compass
Sold by Compass

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Schools

Schools serving 55 Fairhope Ave

School District:Minnetonka Public School District

Name	Grades	Distance
Minnewashta Elementary School 26350 Smithtown Rd, Excelsior, MN 55331	K-5	2.3 mi
Minnetonka West Middle School 6421 Hazeltine Boulevard, Excelsior, MN 55331	6-8	2.7 mi
Minnetonka Senior High School 18301 Minnesota 7, Minnetonka, MN 55345	9-12	3.8 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 55 Fairhope Ave

Date

Details

Price

Change

Source

4/18/2025

Sold

$2,120,000

-3.42%

MLS

3/14/2025

Listed

$2,195,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Single Family
Active
Updated 4 days ago

5
Beds
5
Total Baths
4,518
Sq. Ft.

Listed by Jeff Martineau (952) 210-2626

17950 Fairhomes Ln, Deephaven, MN 55391 - Photo 1

Just Listed

$2,395,000

Open House

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Single Family
Active
Updated 1 day ago

5
Beds
5
Total Baths
5,456
Sq. Ft.

Listed by Kristi Weinstock (612) 309-8332

1300 Spruce Pl, Orono, MN 55364 - Photo 1

Just Listed

$3,999,000

1300 Spruce Pl Orono, MN 55364

Single Family
Active
Updated 5 days ago

5
Beds
5
Total Baths
5,087
Sq. Ft.

Listed by Teri Kampmeyer (612) 308-1831 and Tricia Kampmeyer (651) 336-0631

934 Kelly Ct, Chanhassen, MN 55317 - Photo 1

Just Listed

$399,000

Open House

934 Kelly Ct Chanhassen, MN 55317

Townhouse
Active
Updated 2 hours ago

3
Beds
3
Total Baths
2,098
Sq. Ft.

Listed by Kristi Weinstock (612) 309-8332

4610 Bayswater Rd, Shorewood, MN 55331 - Photo 1

Price Reduced

-$50,100 (-5.27%)

$899,900

4610 Bayswater Rd Shorewood, MN 55331

Townhouse
Active
Updated 3 days ago

3
Beds
4
Total Baths
3,701
Sq. Ft.

Listed by Kristi Weinstock (612) 309-8332

5420 Mallard Ln, Excelsior, MN 55331 - Photo 1

Price Reduced

-$26,000 (-4.16%)

$599,000

5420 Mallard Ln Excelsior, MN 55331

Multi-Family
Active
Updated 3 days ago

2
Units
6
Total Beds

Listed by Jason Bliss (952) 401-4700

5080 Meadville St, Greenwood, MN 55331 - Photo 1

Price Reduced

-$150,000 (-3.8%)

$3,800,000

5080 Meadville St Greenwood, MN 55331

Lots/Land
Active
Updated 22 hours ago

0.4
Acres

Listed by Kyle Hunt (612) 369-2836 and Paige Gibson (651) 788-0887

Price Reduced

-$150,000 (-3.8%)

$3,800,000

5080 Meadville St Greenwood, MN 55331

Single Family
Active
Updated 22 hours ago

5
Beds
3
Total Baths
2,393
Sq. Ft.

Listed by Kyle Hunt (612) 369-2836 and Paige Gibson (651) 788-0887

4410 Manitou Rd, Tonka Bay, MN 55331 - Photo 1

Sold

$2,320,000

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Single Family
Closed

4
Beds
3
Total Baths
2,787
Sq. Ft.

Listed by Gregg Larsen
Sold by Lakes Sotheby's International

36 Interlachen Ct, Excelsior, MN 55331 - Photo 1

Sold

$2,050,000

36 Interlachen Ct Excelsior, MN 55331

Single Family
Closed

3
Beds
2
Total Baths
1,750
Sq. Ft.

Listed and Sold by Jeffrey Dewing

36 X Interlachen Ct, Excelsior, MN 55331 - Photo 1

Sold

$2,050,000

36 X Interlachen Ct Excelsior, MN 55331

Lots/Land
Closed

0.47
Acres

Listed and Sold by Jeffrey Dewing

3405 Crystal Bay Rd, Orono, MN 55391 - Photo 1

Sold

$1,920,000

3405 Crystal Bay Rd Orono, MN 55391

Single Family
Closed

4
Beds
3
Total Baths
3,677
Sq. Ft.

Listed by Brick & Banister Real Estate
Sold by Compass

55 Fairhope Avenue, Tonka Bay, MN 55331 (MLS# 6685388) is a Single Family property that was sold at $2,120,000 on April 18, 2025. Want to learn more about 55 Fairhope 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.

55 Fairhope Ave Tonka Bay, MN 55331