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$2,995,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
75 Fairhope Ave
Tonka Bay, MN 55331
3 bed 3 bath 3,034 SqFt ($987/SqFt)
2.59 acre lot. Built 1989
Listed 2024-06-21, Taxes $29,329
Ⓧ USDA Ineligible
due to price & location

near Tonka Bay

Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka.

This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter!

This property is a true gem waiting to be discovered, but wit there's more. If the architecture doesn't meet your style, we have plans that can be shared.


Presented by Andrew Spilseth at
Compass.
Listing Agent Photo

Property MLS #6556001 from NorthstarMLS

Bedrooms: 3

Total Rooms: 11
Basement Features: Crawl Space, Drain Tiled, Sump Pump
Family Room Features: Great Room

Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Wall Oven
Washer
Water Softener - Owned

Cooling Features: Central
Fireplace Features: Gas Burning, Living Room
Heating Features: Forced Air
Heating Fuel: Natural Gas
Number of Fireplaces: 1

Full Bathrooms: 1
1/2 Bathrooms: 1
3/4 Bathrooms: 1

Dining Room Features: Eat In Kitchen, Informal Dining Room, Living/Dining Room

Water Body Name: Minnetonka
Lake Front
Waterfront Feet: 1000

Fiber Board
Wood
Road Frontage Type: No Outlet/Dead End, Paved Streets, Township
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Accessible Shoreline, Island/Peninsula
Lot Size Acres: 2.59
Lot Size Dimensions: 378x386x400x432
Lot Size Square Feet: 112820

Garage Spaces: 3
Parking Features: Attached Garage, Garage Door Opener, Heated Garage, Insulated Garage
Garage Dimensions: 32 x 25
Garage Sqft: 770

View: Bay, East, Lake, North, Panoramic, South, West

Balcony
Ceiling Fan(s)
Deck
Dock
Hardwood Floors
In-Ground Sprinkler
Kitchen Center Island
Kitchen Window
Local Area Network
Primary Bedroom Walk-In Closet
Vaulted Ceiling(s)

Association: No
Calculated Total Monthly Association Fees: 0

School District: 276 - Minnetonka

Minnewashta Elementary School is a public elementary school located approximately 2.3 miles away.
directions icon Map directions

Minnetonka West Middle School is a public middle school located approximately 2.7 miles away.
directions icon Map directions

Minnetonka Senior High School is a public high school located approximately 3.8 miles away.
directions icon Map directions

Hill School is a private elementary and middle school located approximately 1.9 miles away.
directions icon Map directions

Annual Tax Amount: 35346.64
Source Listing Status: Active
County: Hennepin
Directions: CR 19 to West Point to Fairhope, follow to the end and across the bridge.
Tax Year: 2024
Source Property Type: Single Family
Source Neighborhood: Tonka Fairhope
Parcel Number: 2111723410045
Subdivision: Tonka Fairhope
Zoning: Residential-Single Family
Property Subtype: (SF) Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$281,000 + $1,802,000
$2,083,000
$29,329
2021$273,000 + $1,526,000
$1,799,000
$25,698
2020$268,000 + $1,374,000
$1,642,000
$24,091
2019$81,000 + $1,374,000
$1,455,000
$20,319
2018$300,000 + $1,155,000
$1,455,000
$20,269
2017$300,000 + $1,155,000
$1,455,000
$20,552
2016$300,000 + $1,155,000
$1,455,000
$20,909
2015$300,000 + $1,155,000
$1,455,000
$20,971
2014$241,000 + $1,120,000
$1,361,000
$20,430
2013$260,000 + $1,233,000
$1,493,000
$21,904
2012$280,000 + $1,350,000
$1,630,000
$22,793
2011$280,000 + $1,350,000
$1,630,000
$21,733
2010$290,000 + $1,460,000
$1,750,000
$21,345
2009$290,000 + $1,710,000
$2,000,000
$23,437
2008$290,000 + $1,710,000
$2,000,000
$23,482
2007$277,900 + $1,639,000
$1,916,900
$23,530

Listed 2024-06-21
$2,995,000
NorthstarMLS
Sold 2023-10-24
$2,800,000
NorthstarMLS
Relisted 2023-09-26
$2,995,000
NorthstarMLS
Listing removed 2023-08-04
$0
NorthstarMLS
Listed 2023-05-10
$2,995,000
NorthstarMLS
Sold 2018-10-12
$1,789,900
NorthstarMLS
Sold 2018-08-20
$1,789,900
GreaterLakes
Listed 2018-06-15
$1,789,900
NorthstarMLS
Listing removed 2012-03-16
$2,250,000
NorthstarMLS
Listing removed 2012-03-16
$2,195,000
NorthstarMLS
Listed 2007-03-24
$2,250,000
NorthstarMLS
Listed 2006-04-24
$2,195,000
NorthstarMLS
Sold 1988-09-01
$225,000
Public Record

Total Square Feet Living: 3034
Above Grade Finished Area: 3034
Foundation Area: 1621.00
Property Age: 35
Property Condition: Previously Owned
Roof: Flat, Rubber, Wood Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 3014.00
Total Area Main: 1621.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.