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165 Mound Avenue

Tonka Bay, MN 55331

5 beds
5 baths
5,088 sqft
15,681 sqft lot
$783 per sqft
2021 build
– on site

Like brand new but better!! Luxury lakeside living on A-rated Gideon Bay with panoramic views. Situated on an extra-deep lot, this custom 2021 build has 51' of sandy lake shore and a private beach. There is a chef's kitchen with a 10ft island, an 8-burner Thermador gas induction range and a dedicated back prep area. The stunning primary suite offers lake views, a spacious walk-in closet, and a gorgeous bath. There are four bedrooms on the upper level and a guest suite, above the garage, with a private entrance, kitchenette and full bath. The walkout lower-level features a wine room, a theater room, an exercise room, family room, guest room and a full bar with an ice-maker and a pass-through window to the patio bar. The garage can accommodate two lifts and is wired for supplemental heat. This location is stellar by land of by water- Enjoy front row seats to Excelsior's fireworks. It is only a few minutes to downtown Excelsior and is close to walking/biking trails. This like-new, turn-key retreat is perfect for year round living or enjoying your summers on the lake.

Listing courtesy of NORTHSTAR / Angela Richter / RE/MAX Results

Last checked: Checking… • Last updated Jul 14, 2025 •

MLS# 6749350 —

The Building

Year Built:

2021
New Construction:

false
Age Of Property:

4
Construction Materials:

Other, Wood Siding
Roof:

Age 8 Years or Less, Asphalt, Metal, Pitched
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1500.0000
Basement:

Egress Window(s), Finished, Full, Walkout
Basement:

true
Foundation Area:

1500
Foundation Dimensions:

36x76
Manufactured Home:

No
Building Area Total:

5288
Above Grade Finished Area:

3788
Below Grade Finished Area:

1300

Interior

Dining Room Description:

Kitchen/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas, Living Room
Amenities:

Ceiling Fan(s),Dock,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Security System,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Room Dimensions

Living Area:

5088

Location

Directions:

County Road 19 (Manitou Rd) to Woodlawn, left on Mound Avenue, home on right.
Latitude:

44.908966
Longitude:

-93.590853

The Property

Parcel Number:

2811723430053
Zoning Description:

Shoreline,Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Accessible Shoreline, Many Trees
Lot Size Area:

0.36
Lot Size Dimensions:

51x305x56x320
Lot Size SqFt:

15681.6
Lot Size Units:

Acres
View:

East, Panoramic
Lake Chain:

N
Lake Acres:

14205
Lake Depth:

113
Lake Bottom:

Sand
Water Body Name:

Minnetonka
Waterfront Feet:

51
Road Between Waterfront and Home:

No
Water Source:

City Water - In Street
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

44875
Tax With Assessments:

44875.0000

Beds

Bedrooms Total:

5

Baths

Total Baths:

5
Bath Description:

3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Full Baths:

3
Three Quarter Baths:

1
Half Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned

Schools

High School District:

Minnetonka

The Community

Subdivision Name:

Slocums Rgt Of Manitou Forest
Pool Features:

None
Waterfront:

true
Waterfront Features:

Lake Front
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tuckunder Garage
Garage Spaces:

3
Garage Door Width:

16
Garage Dimensions:

22x40
Garage SqFt:

800

Monthly cost estimate

Asking price

$3,985,000

Expense	Monthly cost
Mortgage	$21,338
Taxes	$3,739
Insurance	$1,095
Utilities	$187 See report
Total	$26,359/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/3/25 Jul 3, 2025	Listed / Active	NORTHSTAR	$3,985,000	432.8% (32.8% / YR)
4/26/12 Apr 26, 2012		NORTHSTAR	$748,000

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This house located in Tonka Bay, MN 55331 is currently for sale for $3,985,000. 165 Mound Avenue is a 5,088 square foot house with 5 beds and 5 baths that has been on Estately for 11 days. This house is in the attendance area of Minnewashta Elementary School, Minnetonka High School, and Middle School West.

Listing Courtesy of: NORTHSTAR and RE/MAX Results.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.