5116 Indianola AvenueEdina, MN 55424
$3.995 million
5 bedrooms · 5 bathrooms · 5,000 finished sq ft · 0.18 acre lot
About this home
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 beautiful west facing back yard accommodates beautiful landscaping and an optional pool. 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. Optional empty nester main floor primary floor plan options. Other options include a sport court, golf simulator, wellness room with a sauna and a cold plunge pool. Owner can make own selections. Photos are a representation of builder’s work.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 2027
- Bedrooms
- 5
- Bathrooms
- 5
- Finished sq ft
- 5,000
- Lot
- 0.18 acres
- Garage
- 2 stalls
- Basement
- Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $11,978 a year
- Listed
- August 22, 2026
- MLS number
- 7132604
Listing courtesy of Lakes Sotheby's International Realty (John Terrill Wanninger). MLS #7132604.
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How it compares
5116 Indianola Avenue, Edina, MN 55424 is a newly built 5-bedroom single-family home, listed for $3.995 million on August 22, 2026 by Lakes Sotheby's International Realty. That is in the upper quarter of the 129 single-family homes for sale in Edina right now (median $1.249 million; $799 per square foot here against $353 for the group). That works out to $799 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Edina community guideSchools, commutes, parks, home values and local stories.
- Edina housing market, September 2026Homes sold for a median $696,250 over 12 months (+3.1%), 66 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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