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)

$5,156,300

Trulia Estimate
as of May 27, 2026
Est. Refi. Payment $31,067/mo*

$5,156,300

Trulia Estimate
as of May 27, 2026
Est. Refi. Payment $31,067/mo*
5 Beds
7 Baths
8,893 sqft
(on 1.45 acres)

Local Information

Map showing home location
© Google
-- 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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 06, 2025

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 3 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
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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
0.16
Single-Family Home
$2,225,000
01/16/26
5
4.5
8,269
0.56
Single-Family Home
$5,250,000
12/22/25
5
7
10,586
0.20
Single-Family Home
$2,800,000
05/29/25
4
5
7,073
0.37
Single-Family Home
$2,500,000
10/30/25
4
4.5
8,902
0.46
Single-Family Home
$3,465,000
06/30/25
5
5.5
5,781
0.40
Single-Family Home
$3,350,000
10/06/25
5
4.5
7,267
0.88
Single-Family Home
$3,450,000
06/26/25
5
6
9,558
0.99
Single-Family Home
$6,500,000
10/13/25
5
6
8,000
0.42
Single-Family Home
$1,810,000
06/13/25
5
4.5
4,895
0.73
Single-Family Home
$3,795,000
10/10/25
5
5.5
6,451

Nearby homes

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Assigned Schools

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

Neighborhood Overview

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. "
  • Jdasher31
    "This is a great neighborhood for families and empty nesters. There is a nice neighborhood association, summer Friday night parties and newsletter."

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Apartments for Rent

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Homes for sale near 5016 Schaefer Rd

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Off Market Homes Near 5016 Schaefer Rd

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Based on information submitted to the MLS GRID as of 2026-05-27 10:28:21 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
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Homes for rent near 5016 Schaefer Rd

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5016 Schaefer Rd, Edina, MN 55436 is a 5 bedroom, 8 bathroom, 8,893 sqft single-family home built in 2007. 5016 Schaefer Rd is located in Parkwood Knolls, Edina. This property is not currently available for sale. 5016 Schaefer Rd was last sold on Nov 1, 2023 for $4,875,000 (7% lower than the asking price of $5,250,000). The current Trulia Estimate for 5016 Schaefer Rd is $5,156,300.