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Owner is an Agent?: No

Auction?: No

Status: Closed

Off Market Date: 2025-03-20

Contingency: None

Current Price: $2,120,000

Closed Date: 2025-04-18

Original List Price: 2195000

Sales Close Price: 2120000

ListPrice: 2195000

List Date: 2025-03-14

Association: MAAR

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 3

Road Btwn WF & Home?: No

Waterfront Frontage: 194

Waterfront Present: Yes

Year Built: 1952

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Lot Dimensions: Irregular

Acres: 0.59

Bath Three Quarters: 0

Bath Half: 1

Lake/Waterfront Name: Minnetonka

Bath Quarter: 0

Main Floor Total SqFt: 1038

Above Grd Total SqFt: 2704

Below Grd Total SqFt: 1533

Total Finished Sqft: 3199.00

FireplaceYN: Yes

Foundation Size: 1038

Style: (SF) Single Family

Garage Stalls: 2

Association Fee: 0

Bedrooms: 4

Baths Total: 4

Bath Full: 3

Total SqFt: 4237

AssocFeeYN: No

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

Listing City: Excelsior

Map Page: 117

Municipality: Tonka Bay

School District: Minnetonka

School District Phone: 952-401-5000

DNR Lake ID#: 27013300

DNR Lake Classification: General Development

Zip Plus 4: 9514

Property ID Number: 2111723410052

Tax Year: 2024

Tax Amount: 22976.7

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: 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.

Directions: County Road 19/Manitou Road to W. Point Road to left on Fairhope Ave.

None: 1

Central Air: 1

Boat Slip: 1

Ceiling Fan(s): 1

Deck: 1

Dock: 1

Hardwood Floors: 1

Hot Tub: 1

In-Ground Sprinkler: 1

Kitchen Center Island: 1

Kitchen Window: 1

Natural Woodwork: 1

Tile Floors: 1

Vaulted Ceiling(s): 1

Walk-In Closet: 1

Wet Bar: 1

Air-To-Air Exchanger: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Freezer: 1

Range: 1

Refrigerator: 1

Assessment Balance: 0

Tax With Assessments: 22976.7

Not Assumable: 1

Concrete Block: 1

Drain Tiled: 1

Partially Finished: 1

Sump Pump: 1

Main Floor 1/2 Bath: 1

Upper Level Full Bath: 1

Full Primary: 1

Private Primary: 1

Finished SqFt Above Ground: 2704

Finished SqFt Below Ground: 495

Block: 1

Frame: 1

Previously Owned: 1

Eat In Kitchen: 1

Informal Dining Room: 1

200+ Amp Service: 1

Circuit Breakers: 1

Level: 1

Brick/Stone: 1

Cement Board: 1

Engineered Wood: 1

2 or More: 1

Lower Level: 1

Main Level: 1

None: 1

Cash: 1

Family Room: 1

Gas Burning: 1

Living Room: 1

Primary Bedroom: 1

Natural Gas: 1

Forced Air: 1

Humidifier: 1

In-Floor Heating: 1

Zoned: 1

Insurance Fee: 0

Lake Acres: 14205

Lake Depth: 113

Sand: 1

Lake Front: 1

Main Level: 1

Land Leased: Not Applicable

Combo: 1

Accessible Shoreline: 1

Homestead: Yes

Fractional Ownership: No

Garage Dimensions: 20x20

Garage Door Height: 7

Garage Square Feet: 400

Garage Door Opener: 1

Heated Garage: 1

Insulated Garage: 1

Storage: 1

Front Porch: 1

Patio: 1

Rear Porch: 1

Range#: 23

Section#: 21

Township#: 117

City Street: 1

Public Maintained Road: 1

Age Over 8 Years: 1

Asphalt Shingles: 1

City Sewer/Connected: 1

Main Floor Laundry: 1

Four or More Level Split: 1

City Water/Connected: 1

Bay: 1

North: 1

South: 1

House Number: 55

Street Name: Fairhope

Street Suffix: Avenue

Postal City: Excelsior

County: Hennepin

State: MN

Zip Code: 55331

Complex/Dev/Subdivision: Tonka Fairhope