5116 Indianola Avenue, Minneapolis, MN 55424

$3,995,000

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,250 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $3,995,000 List Date: 8/24/2026 Last Modified: 8/24/2026

Overview

Description

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, ... (Read more)

Listing Details MLS# 7132604

General Property Information

Association Fee Frequency: N/A
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 2027
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1750
Above Grd Total SqFt: 3500
Below Grd Total SqFt: 1750
Total SqFt: 5250
Total Finished Sqft: 5000.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1750
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 105 X 75
Acres: 0.18
Assessment Pending: Yes

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Porch; Primary Bedroom Walk-In Closet; Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Chandelier; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer Basement: Drain Tiled; Egress Windows; Full Bath Description: Full Jack & Jill; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Builder Information: Builder Association of Minnesota Construction Materials: Concrete Construction Status: To Be Built/Floor Plan Dining Room Description: Kitchen/Dining Room; Separate/Formal Dining Room Exterior: Brick/Stone; Cement Board Family Room Characteristics: 2 or More; Family Room; Great Room; Lower Level; Main Level Fireplace Characteristics: Family Room; Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Parking Characteristics: Finished Garage; Garage Door Opener; Insulated Garage Road Frontage: City Street; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 3995000
ListPrice: 3995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5116
Street Name: Indianola
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55424
Complex/Dev/Subdivision: Glenview Add To Edina

Assessments

Assessment Installment: 1133
Tax With Assessments: 13110

Builder Information

Builder ID: GREAT NEIGHBORHOOD HOMES INC
Builder License Number: 521688
Builder Name: GREAT NEIGHBORHOOD HOMES INC

More Information

Building Information

Finished SqFt Above Ground: 3500
Finished SqFt Below Ground: 1500

Insurance Fee

Insurance Fee Frequency: N/A

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x22
Garage Square Feet: 484

Public Survey Info

Range#: 24
Section#: 18
Township#: 28

Room Information

Room Name	Level
Amusement Room	Lower
Bar/Wet Bar Room	Lower
Billiard Room	Lower
Dining Room	Main
Exercise Room	Lower
Fifth (5th) Bedroom	Lower
First (1st) Bedroom	Upper
Fourth (4th) Bedroom	Upper
Foyer	Main
Great Room	Main
Kitchen	Main
Laundry	Upper
Library	Main
Pantry (Walk-In)	Main
Screened Porch	Main
Second (2nd) Bedroom	Upper
Third (3rd) Bedroom	Upper

Listing Office: Lakes Sotheby's International Realty

Last Updated: August - 24 - 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.

5116 Indianola Avenue, Minneapolis, MN 55424 (MLS# 7132604)