5116 Indianola Avenue Minneapolis, MN $ 3,995,000
5116 Indianola Avenue
$ 3,995,000
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5116 Indianola Avenue

Minneapolis, MN, 55424
$ 3,995,000
Bedrooms5 Baths4.1 Sq 5,000

Monthly Estimate*

$ 27,592

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Single Family Home for sale in Minneapolis, MN

for $3,995,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,000 square foot home was built in 2027 on a lot size of 0.18.

Stunning new construction by Great Neighborhood Homes in an A-plus Edina location, just two short blocks from Arden Park and 50th & France and a short stroll to Edina Country Club. Set on a quiet, tree-lined street, this exceptional homesite offers the future owner the opportunity to customize a dream home to their exact specifications. The conceptual rendering showcases an elegant brick façade with expansive window walls and a Juliet balcony. Inside, the thoughtfully designed open floor plan centers around an impressive great room and includes both formal and informal dining spaces. The showcase gourmet kitchen is designed to impress, featuring high-level appliances, an oversized center island, and a generous walk-in pantry. The main level also offers a private library and a screened porch. Upstairs, four spacious bedrooms include a luxurious primary suite with vaulted ceilings, a spa-inspired bathroom, and an enormous walk-in closet. The second bedroom features its own junior suite, while bedrooms three and four share a Jack-and-Jill bath. A spacious upper-level laundry room adds everyday convenience. The expansive lower level is designed for entertaining and recreation, with a large TV and recreation area, wet bar, billiards/ping-pong space, and a generous exercise room. A fifth bedroom suite provides an ideal space for guests. Additional possibilities include a rare three-car garage or a main-level primary suite, as well as a sport court or golf sim. The image shown is a conceptual rendering of the proposed home and represents one possible design for the lot. Owner can make own selections. Photos are a representation of builder’s work.

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Single Family Active

Price

$ 3,995,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 11,978

Style

Single Family

Lot Size

0.18

Year Built

2027

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7132604

Features
General
Living Area 5000
Sewer City Sewer/Connected
Heating Forced Air In-Floor Heating
Cooling Central Air
Roof Asphalt
Appliances Air-To-Air Exchanger Chandelier Cooktop Dishwasher Disposal Double Oven Dryer Exhaust Fan Microwave Refrigerator Stainless Steel Appliances Wall Oven Washer Water Softener Owned
HOA Fee 0
Garage Spaces 2
Construction Materials Concrete
Year Built 2027
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per N/A
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Glenview Add To Edina
Full Baths 2
Directions France to 52nd to Indianola
City Edina
High School District Edina
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 11978
Additional Parcels Y/N N
Builder Name GREAT NEIGHBORHOOD HOMES INC
Standard Status Active
Lender Owned No
Amenities Unit Exercise Room French Doors Hardwood Floors Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Porch In-Ground Sprinkler Wet Bar Walk-In Closet
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Interior
Basement Drain Tiled Egress Window(s) Finished Full Sump Basket
Total Fireplaces 1
Fireplace Features Family Room Gas
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 3500
Half Baths 1
1/4 Baths 0
3/4 Baths 2
Total Bedrooms 5
Below Grade Finished Area 1500
Total Baths 5
Bath Desc 3/4 Basement Bathroom Ensuite Full Primary Full Jack & Jill Private Primary Main Floor 1/2 Bath Separate Tub & Shower Upper Level 3/4 Bath Upper Level Full Bath Jetted Tub Walk-In Shower Stall
Dining Room Description Kitchen/Dining Room Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 22x22
Garage Square Feet 484
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Exterior
Parking Features Attached Garage Concrete Finished Garage Garage Door Opener Insulated Garage
Water Source City Water/Connected
Lot Size Area 0.18
Building Area Total 5250
Lot Dimensions 105 X 75
Waterfront Y/N N
Foundation Area 1750
Road Frontage Type City Street Paved Streets Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 5116
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* Excluded Features
List By
Lakes Sotheby's International Realty

Broker

jtw@lakesmn.com

Email

Affordability Calculator

$28,591
Per Month
97%
3%
0%
Monthly Principal & Interest
$27,592
Monthly Property Taxes
$998
Monthly Home Insurance
--
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
708679 Elementary School
708369 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$3,995,000 Listed Price

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5116 Indianola Avenue, Minneapolis, MN, 55424 is a Single Family Home for sale at $3,995,000 with 5,000 sqft and a lot size of 0.18. 5116 Indianola Avenue has 5 bedrooms, 4.1 baths, and was built in 2027. The property's zip code is 55424 which is in Minneapolis, MN