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  • $2,120,000

    55 Fairhope Ave, Tonka Bay, MN 55331

    4beds
    4,237sqft
    Single Family Residence
    Built in 1952
    0.59 Acres lot
    $2,127,000 Zestimate®
    $500/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 06, 2025 at 04:55pm

    Listed by:

    Andrew Spilseth 612-396-2951,

    Compass,

    T. Cody Turnquist 612-578-1093

    Bought with:

    Dan Hollerman

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6685388MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Upper
    • Area: 216 Square Feet
    • Dimensions: 18x12
    Bedroom 2
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 3
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 4
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Other
    • Level: Lower
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Dining room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Family room
    • Level: Lower
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Kitchen
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Living room
    • Level: Upper
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Mud room
    • Level: Main
    • Area: 56 Square Feet
    • Dimensions: 8x7
    Storage
    • Level: Lower
    • Area: 391 Square Feet
    • Dimensions: 23x17
    Heating
    • Forced Air, Fireplace(s), Humidifier, Radiant Floor, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Water Softener Owned
    Features
    • Basement: Block,Drain Tiled,Finished,Partially Finished,Sump Pump
    • Number of fireplaces: 3
    • Fireplace features: Family Room, Gas, Living Room, Primary Bedroom
    Interior area
    • Total structure area: 4,237
    • Total interior livable area: 4,237 sqft
    • Finished area above ground: 2,704
    • Finished area below ground: 495

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Driveway - Other Surface, Electric, Electric Vehicle Charging Station(s), Garage Door Opener, Heated Garage, Insulated Garage, Garage, More Parking Onsite for Fee, Storage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (20x20), Garage Door Height (7)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four or More Level Split
    • Patio & porch: Front Porch, Patio, Rear Porch
    • Fencing: None
    • Has view: Yes
    • View description: Bay, North, South
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Lake Front, Waterfront Num(27013300), Lake Bottom(Sand), Lake Acres(14205), Lake Depth(113)
    • Body of water: Minnetonka
    • Frontage length: Water Frontage: 194
    Lot
    • Size: 0.59 Acres
    • Features: Accessible Shoreline
    Details
    • Foundation area: 1038
    • Parcel number: 2111723410052
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick/Stone, Fiber Cement, Engineered Wood, Block, Frame
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • Age of Property: 73
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Tonka Bay
    • Subdivision: Tonka Fairhope

    HOA & financial

    HOA
    • Has HOA: No
    Services availability
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    Estimated market value

    $2,127,000