Design your own home by choosing the finishes of this amazing new build from ICON Homes. Your new home sits in an absolutely amazing location, just two blocks from Riverview Theatre, Lynette, and Mother Earth Gardens, as well as just four blocks to Fireroast Coffee!
This amazing location, coupled with the superior quality of a modern ICON home, you get the best of both worlds. Live in the city and enjoy all the new home features of the 'burbs, as well as truly high efficiency home comforts. ICON Homes uses the newest ICF (Insulated Concrete Forms) foundation technology, as well as many other cutting edge construction methods and materials, to deliver a highly efficient, high performance, and extra comfortable home.
Your main level features hardwood floors, amazing windows with south exposure, and a layout that is a thing of beauty. With a gourmet kitchen, built-in fireplace, roomy mudroom, and home office, the main level has everything you have been dreaming about.
Upstairs, your open loft gives you another flexible space for a second home office, a library room, or an entertaining and gaming space. The primary suite has an amazing luxurious bathroom with a gigantic walk-in tile shower. Two more bedrooms, a large bathroom, and a large laundry room round out your upper level space.
In the lower level, your 4th bedroom and bathroom create a great guest suite, and the expansive family room and the option to add a beautiful wet bar give you space for just about any layout you can image. A separate nook at the base of the stairs can serve as the perfect workout area or even a kids play space or a home office area. Your options are endless.
Grab this opportunity now, and design your new DREAM HOME in one of the most desirable areas of southeast Minneapolis!
Active
$874,850
3925 40th Ave S, Minneapolis, MN 55406
4beds
3,195sqft
Single Family
Built in 2026
5,227 Square Feet Lot
$870,600 Zestimate®
$274/sqft
$-- HOA
What's special
Built-in fireplaceHardwood floorsOpen loftAmazing luxurious bathroomHome officeExpansive family roomPrimary suite
- 22 days
- 664
- 25
Zillow last checked:
Listing updated:
Listed by:
Jeremy C Rock 612-616-6916,
Lakes Area Realty G.V.,
Christopher R Hansen 763-286-5526
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7118750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bathroom
- Description: Basement,Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Walk-In Shower Stall
Dining room
- Description: Breakfast Bar,Breakfast Area,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Gas Dryer Hookup, Laundry Room, Sink, In Unit, Upper Level, Washer Hookup
Features
- Basement: Drain Tiled,Drainage System,Egress Window(s),Finished,Full,Owner Access,Storage Space,Sump Basket,Sump Pump
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,295
- Total interior livable area: 3,195 sqft
- Finished area above ground: 2,201
- Finished area below ground: 994
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Electric, Garage Door Opener, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x22), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch
- Pool features: None
- Fencing: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 128
- Features: Sod Included in Price
Details
- Foundation area: 1094
- Parcel number: 0702823120199
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame, ICFs (Insulated Concrete Forms)
- Roof: Asphalt,Pitched
Condition
- New construction: Yes
- Year built: 2026
Details
- Builder name: ICON HOMES LLC
Utilities & green energy
- Electric: Circuit Breakers, 150 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Lawndale
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $252,100
- Annual tax amount: $3,567
- Date on market: 8/7/2026
- Cumulative days on market: 152 days
- Date available: 09/18/2026
- Road surface type: Paved
Estimated market value
$870,600
$827,000 - $914,000
$4,534/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $874,850$274/sqft |
Source: | ||
| 7/30/2026 | Listing removed | $874,850$274/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $874,850+375.5%$274/sqft |
Source: | ||
| 1/26/2026 | Sold | $184,000-3.1%$58/sqft |
Source: | ||
| 1/12/2026 | Pending sale | $189,900$59/sqft |
Source: | ||
| 1/12/2026 | Listed for sale | $189,900$59/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,282 +8.7% | $252,100 +3.7% |
| 2024 | $3,019 +10.5% | $243,000 -0.8% |
| 2023 | $2,732 +7.9% | $245,000 +9.9% |
| 2022 | $2,532 +15.8% | $223,000 +11.5% |
| 2021 | $2,187 -7.8% | $200,000 +9.9% |
| 2020 | $2,372 +8.5% | $182,000 |
| 2019 | $2,187 -7.8% | $182,000 |
| 2018 | $2,372 +8.3% | $182,000 +22.1% |
| 2017 | $2,191 +3% | $149,000 +6.8% |
| 2016 | $2,128 +13.2% | $139,500 |
| 2015 | $1,879 -4.8% | $139,500 +4.9% |
| 2014 | $1,974 -14.2% | $133,000 -5% |
| 2013 | $2,302 +2% | $140,000 |
| 2012 | $2,256 -10.4% | $140,000 -8.8% |
| 2011 | $2,517 +14.7% | $153,500 |
| 2010 | $2,195 -18.1% | $153,500 |
| 2009 | $2,680 +38.3% | $153,500 +29.5% |
| 2006 | $1,938 +7.5% | $118,500 +15.6% |
| 2005 | $1,802 +61.7% | $102,500 +17% |
| 2004 | $1,115 +15.2% | $87,600 +12.3% |
| 2002 | $968 -52% | $78,000 |
| 2001 | $2,017 | -- |
Find assessor info on the county website
Monthly payment
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