5016 Schaefer Rd, Edina, MN 55436
OFF MARKET

5016 Schaefer Rd
Edina, MN 55436

Parkwood Knolls
  • 5 Beds
  • 7 Baths
  • 8,893 sqft (on 1.45 acres)

$5,092,800

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $30,285/mo*
Refinance Your Home

$5,092,800

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $30,285/mo*
Refinance Your Home
5 Beds
7 Baths
8,893 sqft
(on 1.45 acres)

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

Description

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). It is currently off market. The Trulia Estimate is $5,092,800, with a rent estimate of $5,399/month.

Home Highlights

Parking
3 Car Garage
Outdoor
Patio, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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
Last check for updates: about 13 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

Price History for 5016 Schaefer Rd

DatePriceEventSource
11/01/2023$4,875,000Sold
NorthstarMLS as distributed by MLS GRID #6394061
10/10/2023$5,250,000PendingNorthstarMLS as distributed by MLS GRID #6394061
10/10/2023$5,250,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6394061
12/08/2017$3,605,000Sold
NorthstarMLS as distributed by MLS GRID #4860486
11/06/2017$4,200,000PendingAgent Provided
08/01/2017$4,200,000Listed For SaleAgent Provided
10/31/2006$1,275,000Sold
N/A

Market trends in Edina

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$721K
$51.23KMoM
Sale-to-List Price
100.0%
0.8%MoM
Price per sq ft
$257
$0MoM
Available listings
250
6MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$61,223
Assessment$4,700,600
Home facts updated by county records

Comparable Sales for 5016 Schaefer Rd

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
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
5105 Mirror Lakes Dr, Edina, MN
0.82
Single-Family Home
$4,850,000
07/01/26
5
4.5
7,709
5504 Dundee Rd, Edina, MN
0.73
Single-Family Home
$3,795,000
10/10/25
5
5.5
6,451
6101 Blake Cir, Edina, MN
0.39
Single-Family Home
$2,300,000
12/26/25
4
4.5
5,223
6020 Idylwood Dr, Edina, MN
0.59
Single-Family Home
$2,713,000
06/15/26
5
5.5
5,909

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 5016 Schaefer Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

39 pet-friendly rentals in Edina, MN

Explore by feature - Garage

49 rentals with a garage in Edina, MN

Explore by feature - Air Conditioning

63 rentals with air conditioning in Edina, MN

Explore by feature - Pool

30 rentals with a pool in Edina, MN

Explore by feature - Washer/dryer

59 rentals with a washer/dryer in Edina, MN

Explore by feature - Outdoor Space

15 rentals with an outdoor space in Edina, MN

Homes for sale near 5016 Schaefer Rd

Skip to last item
Skip to first item

Off Market Homes Near 5016 Schaefer Rd

Skip to last item
Skip to first item
Based on information submitted to the MLS GRID as of 2026-07-17 11:48:24 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