2740 Thomas Avenue S, Minneapolis, MN 55416 (MLS# 7127336)

2740 Thomas Avenue S, Minneapolis, MN 55416

$899,000
Property Type: Land Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $899,000 List Date: 8/14/2026 Last Modified: 9/03/2026

Overview

Description

Imagine the possibilities for your new home on this exceptional, expansive 85’ x 125’ double lot near Lake of the Isles, in sought after Cedar-Isles-Dean neighborhood. Bathed in beautiful natural light, this wide parcel offers remarkable potential for a new construction home that fully maximizes the setting, scale, and surrounding architecture. Be inspired by the AI generated concepts shown here for single level easy living, or a 2-level with space to spread out. The true value lies in the land and your ability to create a custom residence in a premier location. With alley access and ample space to design a sun filled home, the lot offers endless layout and lifestyle possibilities. Whether envisioning a modern masterpiece or a timeless classic, this rare, oversized site provides the ideal canvas in a high quality, established neighborhood steps from parks, trails, and the lakes. A prime teardown opportunity for builders, investors, or anyone seeking to build their dream home. The A ...

Listing Details MLS# 7127336

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Lot Dimensions
125x80
Acres
0.23
Power Company
Xcel Energy
Assessment Pending
No

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Development Status: Finished Lot(s) Improvements: Curbs; Paved Streets; Public Road; Sidewalks Land Inclusions: For Sale Sign Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Surface Water: None Topography: Sloped

Contract Information

Contingency
None
Original List Price
899000
ListPrice
899000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2740
Street Name
Thomas Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55416
Complex/Dev/Subdivision
Walton Hills

Assessments

Tax With Assessments
12997

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
32
Township#
29
IDX
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: September - 03 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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