5224 Schaefer Rd, Edina, MN 55436
OFF MARKET

$2,923,000

Trulia Estimate
  • 5 Beds
  • 6 Baths
  • 6,487 sqft (on 8.63 acres)

5224 Schaefer Rd, Edina, MN 55436

Parkwood Knolls
Currently Off Market - Sold Sep 26, 2012 for $2,400,000

Home Value

Trulia Estimate
$2.92M
Since last month
Increased$8K (+0.3%)
Since last year
Increased$22K (+0.8%)
Since last sale
Increased$523K (+21.8%)
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 +28% in the last 10 years
MonthEstimated value
2026
August 2026$2.92M
July 2026$2.91M
June 2026$2.95M
May 2026$2.85M
April 2026$2.83M
March 2026$2.86M
February 2026$2.84M
January 2026$2.75M
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
0.19
Single-Family Home
$2,650,000
06/15/26
5
5.5
6,199
0.35
Single-Family Home
$2,225,000
01/16/26
5
4.5
8,269
0.26
Single-Family Home
$2,200,000
08/07/26
5
5.5
7,116
0.45
Single-Family Home
$2,500,000
10/30/25
4
4.5
8,902
0.30
Single-Family Home
$3,350,000
10/06/25
5
4.5
7,267
0.40
Single-Family Home
$2,591,500
08/14/26
5
4.5
6,409
0.17
Single-Family Home
$1,600,000
06/08/26
4
3.5
5,732
0.35
Single-Family Home
$2,300,000
12/26/25
4
4.5
5,223
0.42
Single-Family Home
$2,450,000
04/01/26
5
4.5
5,092
0.29
Single-Family Home
$2,997,500
07/31/26
4
3.5
5,333

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
0.04
$1,546,600
4
3.5
4,202
Off Market
0.10
-
5
6
7,300
Off Market
0.14
$1,026,800
3
2.5
2,851
Off Market
0.10
$1,118,000
4
2.5
3,196
Off Market
0.16
$1,513,300
4
3.5
5,080
Off Market
0.19
$5,024,400
5
7
8,893
Off Market
0.12
$1,310,000
4
3.5
4,614
Recently Sold
0.13
$894,800
5
4.5
4,557
Off Market
0.19
$6,500,000
5
5.5
7,096
For Sale
0.17
$1,600,000
4
3.5
5,732
Recently Sold
0.17
$830,300
4
2.5
3,165
Off Market
0.19
$2,650,000
5
5.5
6,199
Recently Sold

Local Information

  • Map ViewExplore the area around 5224 Schaefer Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1941
Lot Size
8.63 acres
Living Area
6,487 sqft
Price/Sqft
$451
Parking
Garage

About this House

One of the last great estates in Edina. Set on 8.63 acres with majestic oaks, a pasture, pond and stable, the property is stunning. The gracious home sits on the south east corner of the property, and the possibilities are endless. A rare opportunity.
5224 Schaefer Rd, Edina, MN 55436 is a 5 bedroom, 6 bathroom, 6,487 sqft single-family home in Parkwood Knolls, built in 1941. It last sold for $2,400,000 on Sep 26, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,923,000, with a rent estimate of $6,224/month.

Home Details for 5224 Schaefer Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1941Year Updated: 1941
Property Type / Style
Property Type: Single Family HomeArchitecture: rambler

Exterior Features

Parking & Garage
GarageParking Spaces: 5Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 8.63 acres

Price and Tax history

DateEventPrice
Sep 26, 2012
Source: N/A
Sold
$2,400,000
May 28, 2012
Source: Agent Provided
ListingRemoved
$5,850,000
Jan 6, 2012
Source: Agent Provided
PriceChange
$5,850,000
Price decreased by 15%
Jan 8, 2010
Source: Agent Provided
Listed For Sale
$6,900,000
Dec 3, 2009
Source: Agent Provided
ListingRemoved
$6,900,000

Market trends in Edina

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

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."

LGBTQ Local Legal Protections

Frequently asked questions about 5224 Schaefer Rd

  • What is 5224 Schaefer Rd estimated to be worth?
    Trulia's estimated value for 5224 Schaefer Rd in Edina, MN is $2,923,000.
  • What is the price history for 5224 Schaefer Rd?
    5224 Schaefer Rd in Edina, MN last sold for $2,400,000 in September 2012.
  • 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.
  • How big is the lot at 5224 Schaefer Rd?
    The lot at 5224 Schaefer Rd in Edina, MN is about 8.6 acres.
  • Does 5224 Schaefer Rd have a garage?
    Yes, 5224 Schaefer Rd in Edina, MN has a garage.

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 5224 Schaefer Rd

Skip to last item
Skip to first item

Homes for sale near 5224 Schaefer Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item