5708 Schaefer Rd, Edina, MN 55436
OFF MARKET

5708 Schaefer Rd
Edina, MN 55436

Parkwood Knolls
  • 5 Beds
  • 3 Baths
  • 3,663 sqft (on 0.47 acres)

$1,153,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $7,096/mo*

$1,153,000

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $7,096/mo*
5 Beds
3 Baths
3,663 sqft
(on 0.47 acres)

Home Value

Trulia Estimate
$1.15M
Since last month
Decreased$25K (-2.1%)
Since last year
Increased$60K (+5.5%)
Since last sale
Increased$165K (+16.8%)
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 +34% in the last 10 years
MonthEstimated value
2026
August 2026$1.15M
July 2026$1.17M
June 2026$1.15M
May 2026$1.16M
April 2026$1.15M
March 2026$1.14M
February 2026$1.12M
January 2026$1.09M
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
0.06
Single-Family Home
$920,000
07/10/26
4
3
3,438
0.04
Single-Family Home
$1,400,000
06/02/26
5
4.5
6,108
0.32
Single-Family Home
$914,999
06/04/26
4
3
3,029
0.18
Single-Family Home
$1,475,000
06/01/26
4
3.5
4,552
0.48
Single-Family Home
$1,158,000
04/23/26
5
3
3,684
0.49
Single-Family Home
$1,060,000
07/31/26
4
3
3,836
0.26
Single-Family Home
$1,400,000
05/07/26
4
3
4,363
0.33
Single-Family Home
$1,300,000
09/29/25
6
3
5,691
0.29
Single-Family Home
$1,451,000
09/05/25
4
3
4,686
0.59
Single-Family Home
$965,000
12/17/25
5
3
3,693

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
$1,400,000
5
4.5
6,108
Recently Sold
0.12
$1,982,300
4
3.5
5,305
Off Market
0.06
$920,000
4
3
3,438
Recently Sold
0.12
$1,288,900
5
3.5
4,348
Off Market
0.13
$644,300
3
3
2,730
Off Market
0.11
$913,200
4
3
3,523
Off Market
0.10
$1,649,000
4
3.5
4,471
For Sale
0.19
$1,500,900
4
3.5
4,422
Off Market
0.18
$194,800
2
2
936
Off Market
0.16
$1,224,300
5
3.5
4,008
Off Market
0.18
$191,400
2
1.5
1,131
Off Market

Local Information

  • Map ViewExplore the area around 5708 Schaefer Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
0.47 acres
Living Area
3,663 sqft
Price/Sqft
$315
Parking
3 Car Garage
HOA
None

About this House

This spacious Parkwood Knolls gem is everything a mid-century rambler should be, and more. The stunning landscape, elegant paver drive and newer roof with classic mid-century lines and overhang make for tremendous curb appeal. The gracious foyer and vaulted, open and flowing main floor plan feel just right for relaxing or entertaining. And the details? Coved ceilings, tasteful fixtures, original oak floors, white enameled built-ins and woodwork, three cozy fireplaces, three bedrooms on the main plus two more on the walkout level, fresh paint, oversized three car garages and a knock-out chef’s kitchen! All this beautifully sited amid mature trees in an amazing location, near schools, parks shopping and dining.
5708 Schaefer Rd, Edina, MN 55436 is a 5 bedroom, 3 bathroom, 3,663 sqft single-family home in Parkwood Knolls, built in 1960. It last sold for $982,500 on Oct 17, 2023 (9% above the $899,000 asking price). It is currently off market. The Trulia Estimate is $1,153,000, with a rent estimate of $4,963/month.
Last check for updates: about 5 hours ago
Listed by John Terrill Wanninger, (952) 240-7600
Lakes Sotheby's International Realty
Bought with: Krista J. Wolter, (612) 247-5106, Coldwell Banker Realty
Co-Buyer's Agent: Elliott Hagstrom, (651) 324-4137
Source: NorthstarMLS as distributed by MLS GRID, MLS#6421042

Home Details for 5708 Schaefer Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Egress Window(s),Finished,Full,Walk-Out AccessNumber of Rooms: 12Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Dining Room, Family Room, Kitchen, Living Room, Porch, Storage
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 3663 Square FeetFoundation Area: 2203
Appliances & Utilities
Appliances: Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Lower Level,Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Amusement Room, Family Room, Living RoomHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, Power Company: Xcel EnergyGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less AsphaltPatio / Porch: Patio, Porch, Rear Porch, Screened, TerraceFencing: Chain Link, Full, Wood
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (29x24)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Garage Door Opener,Heated Garage
Frontage
Road 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): 2148 Square FeetFinished Area (below surface): 1515 Square Feet

Days on Market

Cumulative Days on Market: 27

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3111721140031

Price & Status

Price
List Price: $899,000
Status Change & Dates
Off Market Date: Tue Sep 26 2023

Location

Direction & Address
City: Edina
School Information
High School District: Edina

Building

Building Area
Building Area: 3663 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.47 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6421042Above Grade Unfinished Area: 2148

Price and Tax history

DateEventPrice
Oct 17, 2023
Source: NorthstarMLS as distributed by MLS GRID #6421042
Sold
$982,500
Sep 26, 2023
Source: NorthstarMLS as distributed by MLS GRID #6421042
Pending
$899,000
Aug 30, 2023
Source: NorthstarMLS as distributed by MLS GRID #6421042
Listed For Sale
$899,000
Jan 9, 2002
Source: N/A
Sold
$575,000

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

Based on information submitted to the MLS GRID as of 2026-08-22 00:38:11 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 5708 Schaefer Rd

  • What is 5708 Schaefer Rd estimated to be worth?
    Trulia's estimated value for 5708 Schaefer Rd in Edina, MN is $1,153,000.
  • What is the price history for 5708 Schaefer Rd?
    5708 Schaefer Rd in Edina, MN last sold for $982,500 in October 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 5708 Schaefer Rd have air conditioning?
    Yes, 5708 Schaefer Rd in Edina, MN has air conditioning.
  • Does 5708 Schaefer Rd have laundry facilities?
    Yes, 5708 Schaefer Rd in Edina, MN has in-unit laundry.

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