Date
Details
Price
Change
Source
2/23/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
$999,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
Property Description
Exceptional opportunity on an expansive 85' x 125' double lot in sought after Cedar-Isles-Dean neighborhood near Lake of the Isles. 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. The existing cottage is undeniably charming, but the true value lies in the land and the 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.
Full Property Details
Full Property Details for 2740 Thomas Ave S
General
- Price: $999,000
- Taxes: $12,970 (2026)
- Status: Active
- Type: Lots/Land
- Source: NorthStarMLS_RMLS
- MLS ID: 7023563
- Updated: 2/23/2026
- Added to Site: 3 day(s) ago
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Walton Hills
- Neighborhood: 9
- Driving Directions: Thomas Avenue S between Dean Pkwy and W 28th St.
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Utilities
- Utility Description: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Year Built: 1935
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 125 x 80
- Frontage: City Street, Curbs, Paved Streets, Sidewalks
- Development Status: Finished Lot(s)
- Zoning: Residential-Single Family
- Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage
Financial Considerations
- Tax Amount: $12,970
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: BLOCK 002 WALTON HILLS LOTS 30 AND 31 AND N 5 FT OF LOT 29
- CC&Rs: Yes
- Restrictions: Open
- Inclusions: For Sale Sign
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 2740 Thomas Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Kenwood Elementary School 2013 Penn Avenue South, Minneapolis, MN 55405 | K-5 | 0.7 mi |
Anwatin Middle Com & Spanish D I 256 Upton Avenue South, Minneapolis, MN 55405 | 6-8 | 1.5 mi |
North Academy Senior High 1500 James Avenue North, Minneapolis, MN 55411 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2740 Thomas Ave S
Tax History
Tax History for 2740 Thomas Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,356
11%
$772,000
-3%
2023
$11,175
16%
$792,000
15%
2023
$9,610
—
$689,000
3%
2023
$9,610
5%
$669,000
10%
2020
$9,161
-3%
$608,000
—
2019
$9,429
8%
$608,000
7%
2018
$8,761
-2%
$568,000
—
2017
$8,971
-3%
$568,000
—
2016
$9,254
-5%
$568,000
—
2015
$9,705
2%
$568,000
8%
2014
$9,478
—
$525,000
—
2013
$9,521
—
$525,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2740 Thomas Ave S
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 3Total Baths
- 2,766Sq. Ft.
Listed by Bre Berry (612) 554-8711
- Single Family
- Active
- Updated 6 days ago
- 5Beds
- 4Total Baths
- 3,697Sq. Ft.
Listed by Dwell Realty Partners, LLC
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 2,550Sq. Ft.
Listed by Keller Williams Premier Realty Lake Minnetonka
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,722Sq. Ft.
Listed by Edina Realty, Inc.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,221Sq. Ft.
Listed by Integrity Realty
- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 4Total Baths
- 2,732Sq. Ft.
Listed by Edina Realty, Inc.
- Single Family
- Active
- Updated 16 hours ago
- 5Beds
- 2Total Baths
- 2,028Sq. Ft.
Listed by Partners Realty Inc.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,762Sq. Ft.
Listed by RE/MAX Results
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,961Sq. Ft.
Listed by Keller Williams Realty Integrity
Sold by RE/MAX Results
Sold by RE/MAX Results
- Single Family
- Closed
- 5Beds
- 4Total Baths
- 3,499Sq. Ft.
Listed by Keller Williams Realty Integrity Lakes
Sold by Engel & Volkers Lake Minnetonka
Sold by Engel & Volkers Lake Minnetonka
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,278Sq. Ft.
Listed by Molly McNeil
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
- Triplex
- Closed
- 4,413Sq. Ft.
Listed by McKevitt Perez Real Estate Group
Sold by Homes Plus Realty
Sold by Homes Plus Realty
2740 Thomas Avenue S, Minneapolis, MN 55416 (MLS# 7023563) is a Lots/Land property with a lot size of 0.23 acres. 2740 Thomas Avenue S is currently listed for $999,000 and was received on February 23, 2026. This property is listed by Berg Larsen Group from our Minneapolis Lakes Office.Want to learn more about 2740 Thomas Avenue S? Do you have questions about finding other Lots/Land real estate for sale in Calhoun-Isles? You can browse all Calhoun-Isles real estate or contact a Coldwell Banker agent to request more information.