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Side Exterior
Back Exterior
Den - Representational Photo
Cedarwood II Elevation E
Foyer - Representational Photo
Family Room - Representational Photo
Kitchen - Representational Photo
Dining Area - Representational Photo
Morning Room - Representational Photo
Owner's Suite - Representational Photo
Owner's Bathroom - Representational Photo
Kitchen - Representational Photo
Dining Area - Representational Photo
Den - Representational Photo
Back to Newport, Minnesota
Quick move-in A home that is move-in ready, or is already under construction. Move-In Ready

540 Tulare Terrace

Newport, MN 55055

$524,500 This is the set price for this quick move-in. Optional upgrades may be available and could affect the total cost — subject to your builder.

Recently reduced price in the last 14 days
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M/I Homes

Cedarwood II in Cherrywood

  • 2 Beds
  • 2 Baths
  • 2 Car garage
  • 1,886 Sq Ft

Overview

Home features

  • 1 Story
  • Primary Bed Downstairs
  • Single Family

Home description

Welcome to 540 Tulare Terrace in Newport, MN — a beautifully crafted new construction single-story home built by M/I Homes. This thoughtfully designed 1,886-square-foot home features 2 bedrooms and 2 full bathrooms, offering a comfortable and well-planned layout ideal for modern living. Step inside to discover an open-concept living area that creates a natural flow throughout the main spaces. The floorplan is designed to maximize every inch of the home, making it equally suited for everyday routines and effortless entertaining. The den adds valuable flexibility, serving as an ideal home office, reading room, hobby space, or quiet retreat depending on your needs. Key Features: 2-car garage Den Patio Kitchen island and stainless steel appliances Low-profile electric fir...

Welcome to 540 Tulare Terrace in Newport, MN — a beautifully crafted new construction single-story home built by M/I Homes. This thoughtfully designed 1,886-square-foot home features 2 bedrooms and 2 full bathrooms, offering a comfortable and well-planned layout ideal for modern living. Step inside to discover an open-concept living area that creates a natural flow throughout the main spaces. The floorplan is designed to maximize every inch of the home, making it equally suited for everyday routines and effortless entertaining. The den adds valuable flexibility, serving as an ideal home office, reading room, hobby space, or quiet retreat depending on your needs. Key Features: 2-car garage Den Patio Kitchen island and stainless steel appliances Low-profile electric fireplace in the family room Window in the owner's bathroom The owner’s bedroom includes a private en-suite bathroom with a dual-sink vanity, creating a peaceful retreat at the end of the day. The second bedroom offers flexible space for guests, a home office, or additional living needs. Built with M/I Homes’ signature attention to detail, this home reflects a commitment to quality craftsmanship and thoughtful design. The single-story layout provides convenient, accessible living on one level, with well-proportioned rooms and finishes that enhance both comfort and style. Located within a welcoming community and close to nearby parks, this... MLS# 7066875

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Special offers

Explore the latest promotions at Cherrywood. to learn more!

Savings

Step Right Up to Savings Fair for You

The fair's in town and so are the deals. Purchase your new M/I Home now and win big on savings. This offer runs through 09/10/2026.

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Fixed interest rate

Move in Now, Pay Less

Lock in a 4.875% Rate* / 5.243% APR* on a 30-year fixed conventional loan through M/I Financial, LLC. Act now, available funds are limited and this opportunity won't last long! This offer runs through 09/30/2026.

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Fixed interest rate

Long-Term Rate Lock With M/I Financial

Lock in your limited-time, below-market rate† now with M/I Financial. This offer runs through 10/15/2026.

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Community highlights

About Cherrywood

Cherrywood is a thoughtfully planned home community in Newport, MN, offering a peaceful setting just 20 minutes from Downtown St. Paul and with easy access to Highways 10 and 494. The location places residents close to Inver Grove Heights, Cottage Grove, and Minneapolis–St. Paul International Airport, while still feeling tucked into a quieter, more natural environment near the Mississippi River.The community features both villa homes and townhomes designed for low-maintenance living. Open, functional floorplans emphasize main-level comfort, flexible gathering spaces, and modern layouts that support everyday routines without added complexity. Homes are arranged to feel welcoming and easy to maintain.Cherrywood provides an association-maintained lifestyle with lawn care and snow removal incl...

Cherrywood is a thoughtfully planned home community in Newport, MN, offering a peaceful setting just 20 minutes from Downtown St. Paul and with easy access to Highways 10 and 494. The location places residents close to Inver Grove Heights, Cottage Grove, and Minneapolis–St. Paul International Airport, while still feeling tucked into a quieter, more natural environment near the Mississippi River.The community features both villa homes and townhomes designed for low-maintenance living. Open, functional floorplans emphasize main-level comfort, flexible gathering spaces, and modern layouts that support everyday routines without added complexity. Homes are arranged to feel welcoming and easy to maintain.Cherrywood provides an association-maintained lifestyle with lawn care and snow removal included, allowing more time to enjoy nearby parks, trails, and outdoor recreation. The wooded backdrop and neighborhood layout create a calm, connected atmosphere that feels removed without being isolated.Cherrywood is served by South Washington County Schools (ISD 833). With its blend of convenience, natural surroundings, and easy-living home designs, the community offers a relaxed lifestyle that balances comfort, access, and long-term livability. More info about Cherrywood

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Home location

540 Tulare Terrace, Newport, MN 55055

Community location & sales center
Cedarwood II

Cherrywood
M/I Homes
533 Tulare Terrace, Newport, MN 55055

888-***-****

Sales Agent

Zac Hassing

Hours

Mon-Sun 11am-6pm

Neighborhood

Community map

Community location & sales center

533 Tulare Terrace Newport, MN 55055

888-***-****

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Driving directions to sales center

Schools near Cherrywood

South Washington County School District

Public Elementary School

GreatSchools
rating GreatSchools rating: 6 out of 10

Newport Elementary School

Grades KG to 5

651-425-4300

851 6th Ave, Newport, MN, 55055

Class ratio
1:10

Enrollment
271

Public Middle School

GreatSchools
rating GreatSchools rating: 5 out of 10

Oltman Middle School

Grades 6 to 8

651-425-3500

6625 Goodview Ave S, Cottage Grove, MN, 55016

Class ratio
1:38

Enrollment
969

Public High School

GreatSchools
rating GreatSchools rating: 10 out of 10

East Ridge High School

Grades 9 to 12

651-425-2300

4200 Pioneer Dr, Woodbury, MN, 55129

Class ratio
1:42

Enrollment
2021

GreatSchools ratings are provided by GreatSchools.org and are for reference only. Ratings may not be available for all schools. Please verify school assignments and details with the local school district.

Amenities

Community & neighborhood

Local points of interest

  • Nowhere Entertainment
  • Junction 70 Grill
  • Tinuccis
  • Newport Community Garden
  • Madisons Place Playground
  • Afton Alps Ski Resort
  • Downtown Hastings
  • Park Place Sports Bar
  • Prestwick Golf Course
  • M Health Fairview Sports Center

Builder details

M/I Homes

M/I Homes Logo

M/I Homes has been building new homes of outstanding quality and superior design for more than 50 years. Founded in 1976 by Irving and Melvin Schottenstein, and guided by Irving’s drive to always “treat the customer right,” we’ve fulfilled the dreams of more than 170,000 homeowners, and grown to become one of the nation’s leading homebuilders.

View full builder profile > View builder's website >

This listing's information was verified with the builder for accuracy 24 hours ago