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    • $890,327

    5312 40th Ave S, Minneapolis, MN 55417

    4beds
    3,175sqft
    Single Family
    Built in 2026
    5,227 Square Feet Lot
    $890,200 Zestimate®
    $280/sqft
    $4,331 Estimated rent

    Home value

    $890,200

    $828,000 - $953,000

    $4,331/mo

    Zestimate® history
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    What's special

    Gas fireplaceLuxurious finishesBeautiful primary suiteHigh efficiency icf foundationOpen floorplanExpansive family roomSoaker tub
    This amazing home is close to all the best food, coffee, and shopping that the neighborhood has to offer! And on top of an amazing location, the amenities of this new construction home are second to none! Every inch of this home is new, from the utility lines and foundation, to the tip of the roof and the new oversized two car garage! ICON Homes has done it again! With luxurious finishes, high efficiency ICF foundation, and the most amazing attention to detail, you are sure to be impressed! Upper level includes a beautiful primary suite with walk-in closet, soaker tub, walk-in shower, and private toilet. Also featuring a bonus loft space, and upper level laundry room, and two additional bedrooms, you have tons of room to enjoy. On the main level, you have an open floorplan with large kitchen, high quality appliances, an open dining room, and a wonderful living room with a gas fireplace. You also have a main floor office with a great front view of the street, and a convenient powder room and front closet that are just off of the entry foyer. And in the lower level, your expansive family room has space for just about anything you can imagine, and you also have a 4th bedroom and bathroom that function as a guest suite when you have extra people visiting and staying over. Or that extra bedroom can serve as a second home office, since it still gets tons of natural light from the full sized egress window. In your new backyard space, you can dream up an amazing layout with room for entertaining, gardening, playing or just maintaining a beautiful outdoor space for your choice of plantings! Don't miss this unique chance to get a GREAT value on a beautiful lot and beautiful new home with none of the OLD HOUSE HEADACHES that are so common in our great city.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy C Rock 612-616-6916,

    Lakes Area Realty G.V.,

    Christopher R Hansen 763-286-5526

    Bought with:

    Leah R Drury - MSP Nest Team

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7025917MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bathroom
    • Description: Basement,Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Private Primary,Main Floor 1/2 Bath,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, Fireplace(s)
    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: Daylight,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: 3,293
    • Total interior livable area: 3,175 sqft
    • Finished area above ground: 2,202
    • Finished area below ground: 973

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, 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
    • Fencing: None
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 128
    Details
    • Foundation area: 1091
    • Parcel number: 1802823430116
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame, ICFs (Insulated Concrete Forms)
    Condition
    • New construction: Yes
    • Year built: 2026
    Details
    • Builder name: ICON HOMES LLC

    Utilities & green energy

    • Electric: Circuit Breakers, 150 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Minnehaha Falls 2nd Add
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $280/sqft
    • Tax assessed value: $196,000
    • Annual tax amount: $2,871
    • Date on market: 2/24/2026
    • Cumulative days on market: 26 days
    • Date available: 09/01/2026

    Price history

    DateEventPrice
    8/3/2026Sold$890,327+3.8%$280/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025917 Report a problem
    5/26/2026Pending sale$858,000$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025917 Report a problem
    5/9/2026Listed for sale$858,000$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025917 Report a problem
    2/24/2026Pending sale$858,000$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025917 Report a problem
    2/24/2026Listed for sale$858,000+468.2%$270/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025917 Report a problem
    9/26/2025Sold$151,000+4.2%$48/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6773545 Report a problem
    9/9/2025Pending sale$144,900$46/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6773545 Report a problem
    9/4/2025Listed for sale$144,900$46/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6773545 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,146 +5.3%$196,000 -10.1%
    2024$2,987 +16.1%$218,000 -2.2%
    2023$2,572 +6%$223,000 +5.2%
    2022$2,425 +29.1%$212,000 +9.8%
    2021$1,879 -2.1%$193,000 +20.2%
    2020$1,920 +2.2%$160,500 +4.9%
    2019$1,879 -2.1%$153,000 +10.1%
    2018$1,920 +26.5%$139,000 +12.1%
    2017$1,517 -2.7%$124,000 +5.5%
    2016$1,560 +4%$117,500
    2015$1,500 -4.7%$117,500 +4.9%
    2014$1,575 +8.9%$112,000 +6.7%
    2013$1,446 -10.7%$105,000 -9.5%
    2012$1,619 -2.8%$116,000
    2011$1,666 +17.1%$116,000
    2010$1,422 -1.3%$116,000
    2009$1,441 +24.6%$116,000 +13.9%
    2006$1,157 +13%$101,800 +14.9%
    2005$1,023 +11%$88,600 +14.9%
    2004$922 +10.4%$77,100 +11.9%
    2002$835 -53.3%$68,900
    2001$1,791 --
    Find assessor info on the county website

    Neighborhood: Minnehaha

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    Estimated market value
    $890,200
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    Estimated market value
    $890,200

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