540 Tulare Terrace, Newport, MN 55055 (MLS# 7066875)

540 Tulare Terrace, Newport, MN 55055

$499,990
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,899 Lot Size (sq. ft.): 7,454 Status: Active
Current Price: $499,990 List Date: 5/03/2026 Last Modified: 10/09/2026

Overview

Description

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 ...

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Listing Details MLS# 7066875

General Property Information

Assoc Mgmt Co. Phone #
763-533-6527
Association Fee Frequency
Monthly
Association Mgmt Co. Name
First Service
Common Wall
No
Lot Measurement
Square Feet
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Projected Completion Date
2026-08-01
Waterfront YN
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1899
Above Grd Total SqFt
1899
Total SqFt
1899
Lot Size SqFt
7454
Total Finished Sqft
1899.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1099
Association Fee
175
Garage Stalls
2
Lot Dimensions
40x165 x50x135
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Association Fee Includes: Lawn Care; Professional Mgmt; Sanitation; Snow Removal; Other Basement: None Bath Description: Double Sink; Main Floor 3/4 Bath; Main Floor Full Bath; Private Primary; Bathroom Ensuite Builder Information: Builders Association of the Twin Cities Construction Status: Completed New Construction Dining Room Description: Living/Dining Room Electric: 200+ Amp Service Exterior: Brick/Stone; Vinyl Family Room Characteristics: Family Room; Main Level Fencing: Privacy Fireplace Characteristics: Electric Foundation: Slab Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
580250
ListPrice
499990
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
540
Street Name
Tulare
Street Suffix
Terrace
Postal City
Newport
County
Washington
State
MN
Zip Code
55055
Complex/Dev/Subdivision
Cherrywood

Builder Information

Builder ID
HANS HAGEN HOMES AND M/I HOMES
Builder License Number
701438
Builder Name
HANS HAGEN HOMES AND M/I HOMES

Building Information

Availability Dt for Closing
2026-08-01
Finished SqFt Above Ground
1899

More Information

Green Verification

Green Verification Type
Home Energy Rating System

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Community Name
Cherrywood
DP Resource
Yes
Homestead
No

Model Information

Hours Model Open
11am - 6 Daily
Model Location
533 Tulare Terrage
Model Phone
612-425-3665

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
21 x 25
Garage Square Feet
472

Room Information

Room Name Dimensions Level
Family Room 14.8 x 18.4 Main
First (1st) Bedroom 12.9 x 15.2 Main
Foyer 9 x 9 Main
Laundry 9 x 9 Main
Den 11 x13 Main
Dining Room 12 x 14 Main
Kitchen 12 x 13 Main
Second (2nd) Bedroom 12.5 x12 Main
Storage Room 12 x 13 Upper
Sun Room 12 x 12 Main
IDX
Listing Office: M/I Homes
Last Updated: October - 09 - 2026
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