540 Tulare Terrace Newport, MN $ 499,990
540 Tulare Terrace
$ 499,990
New Construction
Open House 10/17 12pm - 4pm
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540 Tulare Terrace

Newport, MN, 55055
$ 499,990
Bedrooms2 Baths2.0 Sq 1,899

Monthly Estimate*

$ 3,453

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Single Family Home for sale in Newport, MN

for $499,990 with 2 bedrooms and 2 full baths. This 1,899 square foot home was built in 2026 on a lot size of 0.17112.

FHA 5.25/5.891% APR if closing by November 24th with sellers preferred lender. Call for further details. Welcome to the Cedarwood II located in the brand-new Cherrywood neighborhood perched high above the valley on a spectacular bluff yet with east access to the freeway and shopping. This villa style home features everything on one level and a much sought after main floor owner's suite. The walk in closet is the star here along with the ensuite bathroom featuring dual sink vanity, a window and a large tile shower! WOW. Enjoy nature year-round in the beautiful 4 season sunroom. The kitchen features a slide in gas range, a huge center island with quartz countertops, and a convenient corner pantry. Need storage? Say wow to a 13x 14 attic storage attic above the main floor garage!! This is accessed by a real staircase (NOT a pull-down ladder). Beautiful upgrades here include low maintenance luxury plank flooring, fireplace, the “morning room” sunroom which leads to the patio with a dedicated grill pad. This home has it all for lock-and-go lifestyle. Architecturally designed with beautiful cabinetry too and unique -to -each- home finishes selected by our design professionals to look timeless. No cookie cutter selections here! Come relax, enjoy being nestled in nature in a setting close to freeways and the desirable amenities of nearby Woodbury. East Ridge High School.

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Open House

10/17/2026 12:00 PM - 4:00 PM
10/18/2026 12:00 PM - 4:00 PM
540 Tulare Terrace Newport, MN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 499,990

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Single Family

Lot Size

0.17112

Year Built

2026

Town/City

Newport

County/Region

Washington

MLS | Web ID

7066875

Features
General
Living Area 1899
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
HOA Fee 175
Garage Spaces 2
Association Fee Includes Lawn Care Other Professional Mgmt Sanitation Snow Removal
Year Built 2026
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Washington
New Construction Y
Property Type Residential
HOA Y
Contingency None
Subdivision Name Cherrywood
Full Baths 1
Directions From I-94 East take Exit 244 for US-10 E / US-61S. Take first exit to Glen Road travel east to Century Avenue. turn Right. (south) Proceed appros 1 mile to Tulare Terrace. Turn West south to home.
City Newport
Association Name First Service
High School District South Washington County
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 0
Additional Parcels Y/N N
Availability Date 2026-08-01
Builder Name HANS HAGEN HOMES AND M/I HOMES
Standard Status Active
Lender Owned No
Community Name Cherrywood
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Interior
Basement None
Total Fireplaces 1
Fireplace Features Electric
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1899
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features Electric Dryer Hookup Laundry Room Main Level Sink Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
Bath Desc Double Sink Bathroom Ensuite Private Primary Main Floor 3/4 Bath Main Floor Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas
Garage Dimensions 21 x 25
Garage Square Feet 472
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Exterior
Fencing Privacy
Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 7454
Building Area Total 1899
Lot Dimensions 40x165 x50x135
Waterfront Y/N N
Foundation Area 1099
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 540
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* Excluded Features
List By
M/I Homes

Broker

alee@mihomes.com

Email

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708372 Elementary School
708270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$499,990 -2.72% Price Down
9/8/2026$513,990 -2.00% Price Down
8/12/2026$524,500 -4.29% Price Down
8/1/2026$547,990 -2.14% Price Down
6/13/2026$559,990 -0.88% Price Down
5/5/2026$564,990 -2.63% Price Down
5/3/2026$580,250 Listed Price

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540 Tulare Terrace, Newport, MN, 55055 is a Single Family Home for sale at $499,990 with 1,899 sqft and a lot size of 0.17112. 540 Tulare Terrace has 2 bedrooms, 2.0 baths, and was built in 2026. The property's zip code is 55055 which is in Newport, MN