5016 Schaefer Rd, Edina, MN 55436
OFF MARKET

$5,052,300

Trulia Estimate
  • 5 Beds
  • 7 Baths
  • 8,893 sqft (on 1.45 acres)

5016 Schaefer Rd, Edina, MN 55436

Parkwood Knolls
Est. Refi. Payment $31,486/mo*
Refinance Your Home
Currently Off Market - Sold Nov 1, 2023 for $4,875,000

Home Value

Trulia Estimate
$5.05M
Since last month
Decreased$55K (-1.1%)
Since last year
Increased$136K (+2.8%)
Since last sale
Increased$177K (+3.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$5.05M
August 2026$5.05M
July 2026$5.11M
June 2026$5.12M
May 2026$5.1M
April 2026$5.06M
March 2026$5.03M
February 2026$4.96M
January 2026$4.86M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6321 Interlachen Blvd, Edina, MN
0.16
Single-Family Home
$2,225,000
01/16/26
5
4.5
8,269
5208 Dundee Rd, Edina, MN
0.56
Single-Family Home
$5,250,000
12/22/25
5
7
10,586
5123 Lake Ridge Rd, Edina, MN
0.37
Single-Family Home
$2,500,000
10/30/25
4
4.5
8,902
5101 Green Farms Rd, Edina, MN
0.23
Single-Family Home
$2,200,000
08/07/26
5
5.5
7,116
6328 Westwood Ct, Edina, MN
0.33
Single-Family Home
$2,650,000
06/15/26
5
5.5
6,199
5145 Kelsey Ter, Edina, MN
0.40
Single-Family Home
$3,350,000
10/06/25
5
4.5
7,267
10 Merilane Ave, Edina, MN
0.99
Single-Family Home
$6,500,000
10/13/25
5
6
8,000
5095 Kelsey Ter, Edina, MN
0.34
Single-Family Home
$2,997,500
07/31/26
4
3.5
5,333
6105 Pine Grove Rd, Edina, MN
0.46
Single-Family Home
$2,591,500
08/14/26
5
4.5
6,409
5105 Mirror Lakes Dr, Edina, MN
0.82
Single-Family Home
$4,850,000
07/01/26
5
4.5
7,709

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5152 Schaefer Rd, Edina, MN 55436
0.12
-
5
6
7,300
Off Market
5125 Schaefer Rd, Edina, MN 55436
0.12
$6,500,000
5
5.5
7,096
For Sale
6321 Interlachen Blvd, Edina, MN 55436
0.16
$2,225,000
5
4.5
8,269
Recently Sold
5008 Oak Bend Ln, Edina, MN 55436
0.16
$2,455,500
5
6.5
9,597
Off Market
5016 Ridge Rd, Edina, MN 55436
0.21
$1,443,300
4
3
5,392
Off Market
5200 Ridge Rd, Edina, MN 55436
0.21
$1,030,400
3
2.5
2,851
Off Market
5004 Oak Bend Ln, Edina, MN 55436
0.18
$1,954,400
5
5
7,375
Off Market
5215 Larada Ln, Edina, MN 55436
0.21
$1,554,400
4
3.5
4,202
Off Market
4929 Ridge Rd, Edina, MN 55436
0.21
$1,015,000
3
2.5
2,812
Recently Sold
6328 Interlachen Blvd, Edina, MN 55436
0.20
$916,300
4
3.5
4,162
Off Market
5000 Oak Bend Ln, Edina, MN 55436
0.20
$3,230,100
4
5
7,994
Off Market

Local Information

  • Map ViewExplore the area around 5016 Schaefer Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2007
1.45 acre lot
8,893 sqft
$568/sqft
3 Car Garage

About this House

SOLD BEFORE PRINT. This stunning home was built by Charles Cudd in 2007, and extensively and thoughtfully updated by the current owners in 2018 working with PKA Architecture, Welch Forsman, and Engler Studio. The setting on a nearly 1.5 acre lot with southern exposure and water views is a rare find. Great floor plan with 4 bedrooms on the Upper Level. Primary includes two bathrooms and large WIC. 3 other bedrooms include ensuite baths. Large laundry on 2nd floor. Main floor offers a renovated living area, opened to enhance connections and sightlines. Gorgeous, functional Kitchen with large center island. Separate office space opens to patio. Mudroom, Butler Pantry, and planning center/office surround the 3 car attached garage. Lower Level includes guest bedroom, bath, wine storage, new sauna, bar, amusement room, gym/sport room, sport locker, additional half bath. New rear outdoor spa and patio recently constructed adjacent to updated Pool. Superbly maintained!
5016 Schaefer Rd, Edina, MN 55436 is a 5 bedroom, 8 bathroom, 8,893 sqft single-family home in Parkwood Knolls, built in 2007. It last sold for $4,875,000 on Nov 1, 2023 (7% below the $5,250,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,052,300.
Last check for updates: about 10 hours ago
Listed by Berg Larsen Group - Chad M Larsen, (612) 968-6030
Coldwell Banker Realty - Lakes
Berg Larsen Group - Barry Berg, (612) 670-3600
Bought with: Berg Larsen Group - Barry Berg, (612) 670-3600, Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID, MLS#6394061

Home Details for 5016 Schaefer Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Daylight,Drain Tiled,Finished,Full,Concrete,Sump Pump,Walk-Out AccessNumber of Rooms: 14Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Dining Room, Exercise Room, Family Room, Informal Dining Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 8Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 4Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 8893 Square FeetFoundation Area: 3242
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Laundry Room,Upper LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,In-Floor HeatingHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Amusement Room, Family Room, Gas, Living Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, Power Company: Xcel EnergyGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years TilePatio / Porch: Patio, TerraceFencing: PartialHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (41x24)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Driveway - Other Surface,Garage Door Opener,Heated Garage,Insulated Garage
Pool
Pool: In Ground, Heated, Outdoor PoolPool
Frontage
Waterfront: PondRoad Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 6478 Square FeetFinished Area (below surface): 2415 Square Feet

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3011721420022

Price & Status

Price
List Price: $5,250,000
Status Change & Dates
Off Market Date: Tue Oct 10 2023

Location

Direction & Address
City: EdinaCommunity: Harold Woods 3rd Add
School Information
High School District: Hopkins

Building

Building Area
Building Area: 8893 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.45 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6394061Above Grade Unfinished Area: 6478

Price and Tax history

DateEventPrice
Nov 1, 2023
Source: NorthstarMLS as distributed by MLS GRID #6394061
Sold
$4,875,000
Oct 10, 2023
Source: NorthstarMLS as distributed by MLS GRID #6394061
Pending
$5,250,000
Oct 10, 2023
Source: NorthstarMLS as distributed by MLS GRID #6394061
Listed For Sale
$5,250,000
Dec 8, 2017
Source: NorthstarMLS as distributed by MLS GRID #4860486
Sold
$3,605,000
Nov 6, 2017
Source: Agent Provided
Pending
$4,200,000

Market trends in Edina

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$789K
$66.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$260
$5MoM
Available listings
241
9MoM

Around this home

Neighborhood Overview

Parkwood Knolls
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Parkwood Knolls

At least 12 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 94 % Say car is needed

  • 89 % Say parking is easy

  • 83 % Say they plan to stay for at least 5 years

  • 81 % Say it's quiet

  • 81 % Say there's holiday spirit

  • 79 % Say people would walk alone at night

  • 71 % Say yards are well-kept

  • 69 % Say streets are well-lit

  • 61 % Say kids play outside

  • 59 % Say there are community events

  • 58 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 50 % Say there are sidewalks

  • 22 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Taylor L.
    "Large neighborhood for easy walking with nice trees/lakes and stunning homes. The 9 Mile Creek runs through the neighborhood, also proving nice paths for walks and runs. "
    0
    Flag
  • Jdasher31
    "This is a great neighborhood for families and empty nesters. There is a nice neighborhood association, summer Friday night parties and newsletter."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-10 14:38:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 5016 Schaefer Rd

  • What is 5016 Schaefer Rd estimated to be worth?
    Trulia's estimated value for 5016 Schaefer Rd in Edina, MN is $5,052,300.
  • What is the price history for 5016 Schaefer Rd?
    5016 Schaefer Rd in Edina, MN last sold for $4,875,000 in November 2023.
  • Is Edina a buyer's or seller's market?
    Edina is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Edina?
    The median sale price in Edina is $789K. That is up $66.5K from the prior month.
  • Does 5016 Schaefer Rd have air conditioning?
    Yes, 5016 Schaefer Rd in Edina, MN has air conditioning.
  • Does 5016 Schaefer Rd have a pool?
    Yes, 5016 Schaefer Rd in Edina, MN has a pool.

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