4240 Circle Rd, Tonka Bay, MN 55331
OFF MARKET

$3,013,700

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,773 sqft (on 0.91 acres)

4240 Circle Rd, Tonka Bay, MN 55331

Est. Refi. Payment $18,586/mo*
Refinance Your Home

Home Value

Trulia Estimate
$3.01M
Since last month
Decreased$40K (-1.3%)
Since last year
Increased$364K (+13.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +123% in the last 10 years
MonthEstimated value
2026
August 2026$3.01M
August 2026$3M
July 2026$3.05M
June 2026$3.06M
May 2026$3.08M
April 2026$2.95M
March 2026$2.94M
February 2026$2.91M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
65 Interlachen Ln, Tonka Bay, MN
0.22
Single-Family Home
$850,000
06/30/26
4
2
2,827
30 Interlachen Ln, Tonka Bay, MN
0.17
Single-Family Home
$1,085,000
04/27/26
3
2.5
2,615
36 Interlachen Ct, Tonka Bay, MN
0.16
Single-Family Home
$2,050,000
12/11/25
3
2
1,750
55 Interlachen Dr, Tonka Bay, MN
0.24
Single-Family Home
$1,550,000
04/24/26
4
4.5
4,134
4286 Circle Rd, Tonka Bay, MN
0.09
Single-Family Home
$2,500,000
12/31/25
3
2.5
3,051
2707 Walters Port Ln, Excelsior, MN
0.49
Single-Family Home
$1,910,000
06/30/26
4
3
3,822
2610 W Lafayette Rd, Excelsior, MN
0.28
Single-Family Home
$4,350,000
10/03/25
5
4.5
4,886
2680 Shadywood Rd, Excelsior, MN
0.29
Single-Family Home
$2,995,000
11/21/25
3
4.5
7,748
2650 Kelly Ave, Excelsior, MN
0.59
Single-Family Home
$825,000
07/07/26
5
3.5
3,498
2789 Pheasant Rd, Orono, MN
0.41
Single-Family Home
$6,289,600
06/26/26
5
5
8,691

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4286 Circle Rd, Tonka Bay, MN 55331
0.09
$2,500,000
3
2.5
3,051
Recently Sold
2771 Shadywood Rd, Excelsior, MN 55331
0.11
$3,557,300
4
3.5
5,826
Off Market
4330 Manitou Rd, Tonka Bay, MN 55331
0.16
$2,295,000
-
-
-
For Sale
36 Interlachen Ct, Tonka Bay, MN 55331
0.16
$2,050,000
3
2
1,750
Recently Sold
36 Interlachen Ct #X, Excelsior, MN 55331
0.16
$2,050,000
-
-
-
Recently Sold
20 Interlachen Ln, Tonka Bay, MN 55331
0.17
$607,200
2
2
1,853
Off Market
30 Interlachen Ln, Tonka Bay, MN 55331
0.17
$1,085,000
3
2.5
2,615
Recently Sold
65 Interlachen Ln, Tonka Bay, MN 55331
0.22
$850,000
4
2
2,827
Recently Sold
55 Interlachen Dr, Tonka Bay, MN 55331
0.24
$1,550,000
4
4.5
4,134
Recently Sold
2693 Shadywood Rd, Excelsior, MN 55331
0.27
$1,056,300
4
3
3,126
Off Market
4410 Manitou Rd, Tonka Bay, MN 55331
0.28
$2,440,000
-
-
-
For Sale
2610 W Lafayette Rd, Excelsior, MN 55331
0.28
$4,437,500
5
4.5
4,886
Off Market

Local Information

  • Map ViewExplore the area around 4240 Circle Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1910
0.91 acre lot
2,773 sqft
$1,087/sqft
Garage

About this House

Rare lakeshore on Old Channel Bay! Nearly 1 acre with 173' west facing shore PLUS 320' of Narrow's Channel. Value in land--incredible opportunity for new build.
4240 Circle Rd, Tonka Bay, MN 55331 is a 4 bedroom, 2 bathroom, 2,773 sqft single-family home built in 1910. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $3,013,700, with a rent estimate of $2,996/month.

Home Details for 4240 Circle Rd

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: WallAir ConditioningHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1910Year Updated: 1940
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking: Off Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 0.91 acres

Price and Tax history

DateEventPrice
May 16, 2012
Source: Agent Provided
ListingRemoved
$1,350,000
May 15, 2010
Source: Agent Provided
Listed For Sale
$1,350,000
Jul 2, 2008
Source: Agent Provided
ListingRemoved
$2,500,000
Jun 19, 2008
Source: Agent Provided
Listed For Sale
$2,500,000
Apr 3, 2008
Source: Agent Provided
ListingRemoved
$2,500,000

Market trends in Tonka Bay

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
6
1MoM

Around this home

What Locals Say about Tonka Bay

At least 1 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there are community events

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 67 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 50 % Say there's holiday spirit

  • 50 % Say car is needed

  • 33 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Harrington.pauls
    "You have to drive by car there is no public transportation to use to use to get to downtown Minneapolis "
    0
    Flag
  • Blake P. A.
    "I've lived in the Wildhurst neighborhood for about two years now and absolutely love it. Wonderful neighbors, incredibly welcoming. It's very private, but there's still a phenomenal sense of community; it's strange if someone doesn't wave at you on your way to work in the morning. I thought it said everythign when all of our neighbors left us cards when my wife and I were recently married. Very close to excelsior too...plenty of great places to eat, grab drinks, walk the dog or go boating. Tonka Bay also provides low-cost docks for non-lakeshore residents."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 4240 Circle Rd

  • What is 4240 Circle Rd estimated to be worth?
    Trulia's estimated value for 4240 Circle Rd in Tonka Bay, MN is $3,013,700.
  • Is Tonka Bay a buyer's or seller's market?
    Tonka Bay is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 4240 Circle Rd?
    The closest schools to 4240 Circle Rd in Tonka Bay, MN are Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10), Minnewashta Elementary School (rated 9/10).
  • How big is the lot at 4240 Circle Rd?
    The lot at 4240 Circle Rd in Tonka Bay, MN is about 0.91 acres (39,639 sq ft).
  • Does 4240 Circle Rd have a garage?
    Yes, 4240 Circle Rd in Tonka Bay, MN has a garage.

Apartments for Rent

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Off Market Homes Near 4240 Circle Rd

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