4410 Manitou RoadExcelsior, MN 55331
$4.995 million
4 bedrooms · 5 bathrooms · 4,664 finished sq ft · 0.44 acre lot
About this home
Experience lakeside living at its finest with this to-be-built home on the shores of beautiful Lake Minnetonka. Perfectly positioned on a west-facing lot, enjoy stunning sunset views over sparkling waters every evening. The level lot provides effortless access to a sandy lake bottom—ideal for swimming, boating, and relaxing by the shore. Designed for comfort and convenience, the main floor features an open-concept layout with the primary bedroom suite and all essential living spaces on one level. Large lakeside windows and outdoor living areas take full advantage of the views. Upstairs offers three additional bedrooms plus a spacious bonus room—perfect for guests, a home office, or recreation space. This is a rare opportunity to create your dream lake home with the perfect blend of thoughtful design, modern amenities, and natural beauty on one of Minnesota’s most sought-after lakes. The plan that is attached could be built by one of the most reputable custom homebuilders in this market. The lot can be purchased for $2,590,000 and you could choose your own builder.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2026
- Bedrooms
- 4
- Bathrooms
- 5
- Finished sq ft
- 4,664
- Lot
- 0.44 acres
- Garage
- 3 stalls
- Basement
- None
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $31,796 a year
- Listed
- April 30, 2026
- MLS number
- 7065021
Listing courtesy of Gatehouse Properties LTD (David R Carlson). MLS #7065021.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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How it compares
4410 Manitou Road, Excelsior, MN 55331 is a newly built 4-bedroom single-family home on Lake Minnetonka, listed for $4.995 million on April 30, 2026 by Gatehouse Properties LTD. That is in the upper quarter of the 7 single-family homes for sale in Tonka Bay right now (median $2.249 million; $1,071 per square foot here against $439 for the group). That works out to $1,071 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:36 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Tonka Bay community guideSchools, commutes, parks, home values and local stories.
- Lake MinnetonkaLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Tonka Bay housing market, September 2026Homes sold for a median $1,085,000 over 12 months (−14.1%), 41 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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