Open House Tue, Aug 11th 11:00 AM - 02:00 PM - Waterfront
45 Fairhope Avenue Tonka Bay, MN
$ 1,749,000
Property Attributes
  • ML#5627586
  • TypeSingle Family
  • CountyHENNEPIN
  • CityTonka Bay
  • AreaReg Land Surv 0361
  • Zip55331
  • Style(SF) Single Family
  • Year Built2001
  • Taxes9165
  • Price$ 1,749,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2126
  • Lot Size0.4 Acres
Listing Provided Courtesy Of:
Lakes Area Realty
Property Description

Nantucket meets Lake Minnetonka in this extraordinary beach house with 98' of prime lakeshore on Lafayette Bay. A private walking bridge leads to a small island where 45 Fairhope is the only home providing a very private and tranquil setting. This architecturally designed residence features over-sized windows which offer incredible panoramic views of the lake. Well appointed with unsurpassed attention to detail, the home showcases Brazilian cherry wood floors, 2 fireplaces, 7" crown molding, marble kitchen with newer appliances, Viking gas range, and large walk-in pantry. Serenity abounds in the spacious owners bedroom with ensuite bath, step-in shower, Jacuzzi tub, double sinks, plus a walk-in closet, is sure to please. Relax in the 3rd floor loft retreat, complete with wet bar, watching boats float by and eagles soar. Additionally, you will find a beautiful nautical inspired guest loft with 3/4 bath above the tandem garage. Guests also enjoy their own patio and perennial garden.

Price History
7/31/2020 Listed $1,749,000

General Features

Basement Crawl Space, Drain Tiled, Drainage System, Sump Pump, Poured Concrete, Unfinished
Baths 2
Complex/development/subd Reg Land Surv 0361
Construction Status Previously Owned
Contingency None
Cumulative Days on Market 3
DPR Eligible No
HOA Fee 0.00
Handicap Accessible None
Has Supplements 1
Homestead Yes
Municipality Tonka Bay
Potential Short Sale No
Present Use Yearly
Property Type SF
School District 276 - Minnetonka
Status Active
Style (SF) Single Family
Tax Year 2020
Terms For Sale
Year Built 2001
Zoning Residential-Single

Interior Features

# of Fireplaces 2
Above Ground Finished Sq 2126
Air Conditioning Central
Amenities - Unit Deck, Patio, Dock, Boat Slip, Kitchen Window, Ceiling Fan(s), Hardwood Floors, Paneled Doors, Walk-In Closet, Master BR Walk-In Closet, Wet Bar, Washer/Dryer Hookup, Security System, Panoramic View, Cable, Other
Appliances Range, Microwave, Exhaust Fan/Hood, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer, Water Softener - Owned, Gas Water Heater, Disposal, Furnace Humidifier, Other, Air-To-Air Exchanger
Bath Description Main Floor 3/4 Bath, Upper Level Full Bath, Private Master, Full Master, Walk-In Shower, Separate Tub & Shower, Whirlpool, Bathroom Ensuite
Bedroom 1 Dimensions 26x13
Bedroom 1 Level Upper
Bedroom 2 Dimensions 13x11
Bedroom 2 Level Main
Beds 2
Dining Room Description Informal Dining Room, Kitchen/Dining Room
Dining Room Dimensions 11x10
Dining Room Level Main
Extra Room 1 Description Four Season Porch
Extra Room 1 Dimensions 12x11
Extra Room 1 Level Main
Extra Room 2 Description Deck
Extra Room 2 Dimensions 44x10
Extra Room 2 Level Main
Extra Room 3 Description Loft
Extra Room 3 Dimensions 17x12
Extra Room 3 Level Third Story
Extra Room 4 Description Walk-In Closet
Extra Room 4 Dimensions 9x7
Extra Room 4 Level Upper
Extra Room 5 Description Foyer
Extra Room 5 Dimensions 13x7
Extra Room 5 Level Main
Extra Room 6 Description Laundry
Extra Room 6 Dimensions 8x7
Extra Room 6 Level Main
Family Room Main Level, Entertainment/Media Center
Fireplace Characteristic Family Room, Master Bedroom, Wood Burning, Gas Burning
Fireplace Y:n 1
Fuel Natural Gas
Full Baths 1
Garage Stalls 4
Heating Forced Air
Kitchen Dimensions 12x11
Kitchen Level Main
Living Room Dimensions 25x16
Living Room Level Main
Special Search Main Floor Bedroom, Main Floor Laundry
Three Quarter Bath 1
Total Finished SqFt. 2126

Exterior Features

Lender Owned No
Acres 0.400
Exterior Features Cedar, Shakes, Brick/Stone, Wood, Fiber Board
Fencing Wood, Partial
Foundation Size 1276
Lake/Waterfront Lake Front
Lake/waterfront - Y:n 1
Lakeacres 14729.56000
Lakebottom Sand
Lakedepth 113
Lot Description Irregular Lot, Tree Coverage - Medium, Accessible Shoreline
Other Parking Spaces 4
Pool Y/N None
Road Frontage City, No Outlet/Dead End
Roof Asphalt Shingles, Age 8 Years or Less
Sewer City Sewer/Connected
Water City Water/Connected
Water Front Name Minnetonka
Waterfrontelevation 0-4
Waterfrontview Bay, Lake, Panoramic


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55331

AVG $1.14M
AVG $9,550
AVG 93
Year Built
AVG 1986

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