Tonka Bay Homes & Real Estate

Tonka Bay Homes & Real Estate

Tonka Bay has been known as a small slice of heaven situated between the Upper Lake and Lower Lake Minnetonka. It has a total number of more or less 1,475 residents and is 0.93 or less than one mile in size. Within its borders, there are three parks and two beaches located.

This city was developed as a major resort area for summer in Excelsior Township, section 27 carries as an abbreviated name from Minnetonka. On September 16, 1901, it was incorporated as a village and the same area is sanctioned for incorporation in the year 1879 as Minnetonka Lake Park but was not developed. From 1896 to 1920, it had a post office which handled mail distributed formerly through Excelsior.

Peter Gideon, a horticulturist claimed 0.65 kilometer square or 160 acres in what would become Tonka Bay. He propagated here the Wealthy apple which he named after his wife Wealthy Hull. Stephen Hull was another settler of the area who made the first channel which connected the upper and lower lakes and named It Hull’s Narrows which was situated south of the modern narrows along the present West Point Road. Manitou Road served as its main route.

As of the 2010 census, there were 1,475 with 458 families and 568 households in which 31.6 percent of them had children below 18 years old living with them and 68.6 percent of married couples that lived together, 21.8 percent were non-families, 4.8 percent had male householder who do not have wife present and 4.8 percent had female householder without husband present living in the city. There are a total of 657 housing units at an average density of 272.8 per square kilometer or 706.5 per square mile.

Compared to the other places in the country, the cost of living in Tonka Bay is 68.30 percent higher than the United States average.

The city of Tonka Bay may be small in size but it has five parks and beaches. The areas include Manitou Park, Pleasant Park, Old Orchard Park, Wekota Park/Beach and Crescent Beach. Its parks feature playground equipment, fishing piers, grills and many other amenities.

In 2011, the city is ranked number one best city in the US for seniors, America’s most playful cities and ranked four in the safest cities for families with young children.

The city has an array of public and private elementary, middle school and high schools. The real estate industry of the city has been flourishing as well and it is one of the best places in the country to invest for properties because of its promising locations, attractions and climate.

The city also offers a line of restaurants, banks, grocery stores, bed and breakfast, car rentals, taxi services, storage and moving services and a whole lot more for travelers and locals. There are various events held throughout the year in the city and there is a vast range of entertainments for everyone. All these make the city a wonderful place to live and a worthy destination for vacations and getaways. 

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Today's Market Trends for Tonka Bay Homes & Real Estate *

$1,039,160

0.03%

$278

0%

155

-0.14%

November

October

 

180

190

 

 

-0.05%

0.04%

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* All data pertains to single-family homes