5705 Schaefer Rd, Edina, MN 55436
Property image
Property image
OFF MARKET

5705 Schaefer Rd
Edina, MN 55436

Parkwood Knolls
  • 6 Beds
  • 3.5 Baths
  • 3,996 sqft (on 0.47 acres)

$1,164,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $7,156/mo*

$1,164,800

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $7,156/mo*
6 Beds
3.5 Baths
3,996 sqft
(on 0.47 acres)

Home Value

Trulia Estimate
$1.17M
Since last month
Increased$18K (+1.6%)
Since last year
Increased$66K (+6%)
Since last sale
Increased$482K (+70.5%)
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 +57% in the last 10 years
MonthEstimated value
2026
August 2026$1.16M
July 2026$1.17M
June 2026$1.15M
May 2026$1.15M
April 2026$1.13M
March 2026$1.12M
February 2026$1.09M
January 2026$1.06M
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
0.13
Single-Family Home
$920,000
07/10/26
4
3
3,438
0.08
Single-Family Home
$1,400,000
06/02/26
5
4.5
6,108
0.17
Single-Family Home
$1,475,000
06/01/26
4
3.5
4,552
0.25
Single-Family Home
$914,999
06/04/26
4
3
3,029
0.19
Single-Family Home
$1,400,000
05/07/26
4
3
4,363
0.37
Single-Family Home
$1,300,000
09/29/25
6
3
5,691
0.40
Single-Family Home
$1,158,000
04/23/26
5
3
3,684
0.41
Single-Family Home
$675,000
09/15/25
5
3
3,322
0.35
Single-Family Home
$831,000
02/27/26
5
3
2,850
0.44
Single-Family Home
$650,000
06/11/26
5
3.5
2,819

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
0.08
$1,400,000
5
4.5
6,108
Recently Sold
0.09
$650,800
3
3
2,730
Off Market
0.05
$1,990,700
4
3.5
5,305
Off Market
0.08
$1,163,900
5
3
3,663
Off Market
0.13
$913,200
4
3
3,523
Off Market
0.15
$194,200
2
2
936
Off Market
0.15
$190,700
2
1.5
1,131
Off Market
0.15
$197,500
2
2
1,200
Off Market
0.13
$920,000
4
3
3,438
Recently Sold
0.17
$1,475,000
4
3.5
4,552
Recently Sold
0.11
$1,291,000
5
3.5
4,348
Off Market
0.15
$1,890,000
5
4.5
5,205
For Sale

Local Information

  • Map ViewExplore the area around 5705 Schaefer Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1963
Lot Size
0.47 acres
Living Area
3,996 sqft
Price/Sqft
$291
Parking
Garage

About this House

This single-family home is located at 5705 Schaefer Rd, Edina, MN. 5705 Schaefer Rd is in the Parkwood Knolls neighborhood in Edina, MN and in ZIP code 55436. This property has 6 bedrooms, 4 bathrooms and approximately 3,996 sqft of floor space. This property has a lot size of 0.47 acres and was built in 1963.
5705 Schaefer Rd, Edina, MN 55436 is a 6 bedroom, 4 bathroom, 3,996 sqft single-family home in Parkwood Knolls, built in 1963. It last sold for $683,000 on Jun 30, 2017. It is currently off market. The Trulia Estimate is $1,164,800, with a rent estimate of $5,395/month.

Home Details for 5705 Schaefer Rd

Interior Features

Interior Details
BasementNumber of Rooms: 12Types of Rooms: Dining Room, Family Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1963Year Updated: 1980
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.47 acres

Price and Tax history

DateEventPrice
Jun 30, 2017
Source: NorthstarMLS as distributed by MLS GRID #4782704
Sold
$683,000
May 30, 2017
Source: Agent Provided
Pending
$699,900
May 8, 2017
Source: Agent Provided
PriceChange
$699,900
Price decreased by 3%
Dec 20, 2016
Source: Agent Provided
PriceChange
$725,000
Price decreased by 3%
Sep 6, 2016
Source: Agent Provided
PriceChange
$745,000
Price decreased by 3%

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
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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

Apartments for Rent

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Homes for sale near 5705 Schaefer Rd

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Off Market Homes Near 5705 Schaefer Rd

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Frequently asked questions about 5705 Schaefer Rd

  • What is 5705 Schaefer Rd estimated to be worth?
    Trulia's estimated value for 5705 Schaefer Rd in Edina, MN is $1,164,800.
  • What is the price history for 5705 Schaefer Rd?
    5705 Schaefer Rd in Edina, MN last sold for $683,000 in June 2017.
  • 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 5705 Schaefer Rd have air conditioning?
    Yes, 5705 Schaefer Rd in Edina, MN has air conditioning.
  • Does 5705 Schaefer Rd have laundry facilities?
    Yes, 5705 Schaefer Rd in Edina, MN has in-unit laundry.