2740 Thomas Avenue Ave SMinneapolis, MN 55416
$899,000
0.23 acre lot
About this home
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 AI images are in no way intended to reflect actual homes, or approved/buildable plans.
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 0.23 acres
- Property taxes
- $12,997 a year
- Listed
- August 14, 2026
- MLS number
- 7127336
Listing courtesy of Coldwell Banker Realty - Lakes (Berg Larsen Group - Chad M Larsen). MLS #7127336.
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How it compares
2740 Thomas Avenue Ave S, Minneapolis, MN 55416 is a lot in Cedar-Isles-Dean, listed for $899,000 on August 14, 2026 by Coldwell Banker Realty - Lakes. That is in the upper quarter of the 49 land and lots for sale in Minneapolis right now (median $160,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Cedar-Isles-Dean, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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