5312 40th Avenue S, Minneapolis, MN 55417

New Listing
$858,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,293 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $858,000 List Date: 5/09/2026 Last Modified: 5/09/2026

Overview

Description

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.

Listing Details MLS# 7025917

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Projected Completion Date
2026-09-01
Waterfront Present
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Half
Yes
Main Floor Total SqFt
1087
Above Grd Total SqFt
2202
Below Grd Total SqFt
1091
Total SqFt
3293
Total Finished Sqft
3175.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1091
Garage Stalls
2
Lot Dimensions
40x128
Acres
0.12
Assessment Pending
No
# Carport Spaces
0
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); City View; Ethernet Wired; Hardwood Floors; Kitchen Center Island; Kitchen Window; Local Area Network; Paneled Doors; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Chandelier; Dishwasher; Disposal; Dryer; Energy Star Appliances; Microwave; Range; Refrigerator; Washer Basement: Drain Tiled; Drainage System; Egress Windows; Full; Owner Access; Storage Space; Sump Pump Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; Full Basement; Bathroom Ensuite; Walk-In Shower Stall Builder Information: Builders Association of the Twin Cities Construction Materials: Frame; Insulating Concrete Forms Construction Status: Under Construc/Spec Homes Dining Room Description: Breakfast Area; Breakfast Bar; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Electric: 150 Amp Service; Circuit Breakers Exterior: Engineered Wood; Metal; Shakes; Wood Family Room Characteristics: 2 or More; Family Room; Great Room; Loft; Lower Level; Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: Insulating Concrete Forms Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL; Fiber Optic; Satellite Laundry: Gas Dryer Hookup; In Unit; Laundry Room; Sink; Upper Level; Washer Hookup Parking Characteristics: Garage Door Opener; Storage Sellers Terms: Cash Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
Other
Original List Price
858000
ListPrice
858000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
5312
Street Name
40th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55417
Complex/Dev/Subdivision
Minnehaha Falls 2nd Add

Assessments

Tax With Assessments
3146
Assessment Balance
0

Basement

Foundation Dimensions
26x41
Drain Tiled
Yes
Drainage System
Yes
Egress Windows
Yes
Full
Yes
Owner Access
Yes
Storage Space
Yes
Sump Pump
Yes

More Information

Builder Information

Builder ID
ICON HOMES LLC
Builder License Number
672739
Builder Name
ICON HOMES LLC
Builders Association of the Twin Cities
Yes

Building Information

Availability Dt for Closing
2026-09-01
Finished SqFt Above Ground
2202
Finished SqFt Below Ground
973

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Model Information

Hours Model Open
see list agent
Model Location
see list agent
Model Phone
612-616-6916

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x22
Garage Door Height
7
Garage Door Width
16
Garage Square Feet
484
Garage Door Opener
Yes
Storage
Yes

Public Survey Info

Range#
23
Section#
18
Township#
28

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 003 BLOCK 006 MINNEHAHA FALLS 2ND ADDN TO MPLS N 40 FT
Listing City
Minneapolis
Map Page
121
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
9340
Property ID Number
1802823430116
Tax Year
2025
Tax Amount
2871
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
54th Street to 40th Ave, north to home

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
City View
Yes
Ethernet Wired
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Local Area Network
Yes
Paneled Doors
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Chandelier
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Energy Star Appliances
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
Basement
Yes
Full Basement
Yes
Bathroom Ensuite
Yes
Walk-In Shower Stall
Yes

Construction Materials

Frame
Yes
Insulating Concrete Forms
Yes

Construction Status

Under Construc/Spec Homes
Yes

Dining Room Description

Breakfast Area
Yes
Breakfast Bar
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Electric

150 Amp Service
Yes
Circuit Breakers
Yes

Exterior

Engineered Wood
Yes
Metal
Yes
Shakes
Yes
Wood
Yes

Family Room Characteristics

2 or More
Yes
Family Room
Yes
Great Room
Yes
Loft
Yes
Lower Level
Yes
Main Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

Insulating Concrete Forms
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes
Satellite
Yes

Laundry

Gas Dryer Hookup
Yes
In Unit
Yes
Laundry Room
Yes
Sink
Yes
Upper Level
Yes
Washer Hookup
Yes

Sellers Terms

Cash
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
Listing Office: Lakes Area Realty G.V.
IDX
Last Updated: May - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.