Don’t miss this beautifully updated Tonka Bay gem, ideally located across the street from Manitou Park and just minutes from Lake Minnetonka, the LRT Trail, and charming downtown Excelsior. You’ll fall in love with this thoughtfully updated 4-bedroom, 2-bath home that blends modern improvements with timeless character. The kitchen was completely taken down to the studs and renovated in 2017, featuring white cabinetry, stainless steel appliances, quartz countertops, and tile backsplash—along with updated plumbing, electrical, and added ductwork for peace of mind. Hardwood floors throughout the main level add warmth and continuity. New carpet in the sunroom and on the stairs (2023) creates another level of texture. The lower level was fully transformed in 2022, adding exceptional versatility. This includes an office with a built-in daybed, custom cabinetry, and a desk nook, plus a spacious recreation room offering a second living area, custom built-in bar with beverage fridge, playroom, and spacious fourth bedroom. The laundry room provides ample storage, and the breezeway offers a fantastic opportunity to add instant equity. New HVAC 2022. Move-in ready and located in the award-winning Minnetonka School District—this is one you won’t want to miss. Welcome home!
PROFIT SEEKERS fix this to flip, make a great rental or to live in ... Spacious 3 brm in need of Updating. Very affordable for those who want to be in the Mtka school system and enjoy everything the Excelsior area of Lake Minnetonka has to offer. Close to Park, Beach, Lake Mtka & trail. Gorgeous 4 season porch, knotty pine amusement room, large mudroom & workshop area off the garage. NEW ROOF just completed-- Plus lots of storage space. BOAT SLIPS through Tonka Bay too-call city for details.
NORTHSTARMLS as Distributed by MLS Grid #4640045
Dec 1, 2015
Listing Removed
—
Oct 20, 2015
Price Changed
$249,000
Aug 31, 2015
Listed
$259,000
NORTHSTARMLS as Distributed by MLS Grid #4605226
Aug 31, 2015
Price Changed
$259,000
Aug 30, 2015
Listing Removed
—
Jul 15, 2015
Price Changed
$275,000
Jun 16, 2015
Relisted
—
Jun 15, 2015
Listing Removed
—
Jun 1, 2015
Listed
$289,000
Year
Property tax
Land + Additions
Assessment*
2026
$5,169 (+5.2%)
2025
$4,916 (+3.4%)
2024
$4,755 (+10.0%)
$252,000 + $207,300
$459,300
2023
$4,321 (+27.8%)
2022
$3,382 (+7.3%)
2021
$3,151 (+2.4%)
2020
$3,077
2019
$3,078 (+2.2%)
2018
$3,013 (+7.7%)
2017
$2,797 (+4.7%)
2015
$2,670 (+3.1%)
2014
$2,590 (+3.8%)
2013
$2,496 (−0.5%)
2012
$2,508
Tax history for 5339 Manitou Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,169 (+5.2%)
2025
$4,916 (+3.4%)
2024
$4,755 (+10.0%)
$252,000 + $207,300
$459,300
2023
$4,321 (+27.8%)
2022
$3,382 (+7.3%)
2021
$3,151 (+2.4%)
2020
$3,077
2019
$3,078 (+2.2%)
2018
$3,013 (+7.7%)
2017
$2,797 (+4.7%)
2015
$2,670 (+3.1%)
2014
$2,590 (+3.8%)
2013
$2,496 (−0.5%)
2012
$2,508
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.42 Acres
Year renovated
1970
Sq. Ft.
1,680
Year built
1958
Style
Single Family Residential
County
Hennepin County
APN
28 117 23 43 0070
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking Information
Parking Features: Attached Garage, Asphalt, Garage Door Opener