7040 Lanham Ln
Edina, MN 55439
Prospect Knolls- 4 Beds
- 2.5 Baths
- 3,788 sqft (on 0.37 acres)
4 Beds
2.5 Baths
3,788 sqft
(on 0.37 acres)
Local Information
-- mins to
Description
This single-family home is located at 7040 Lanham Ln, Edina, MN. 7040 Lanham Ln is in the Prospect Knolls neighborhood in Edina, MN and in ZIP code 55439. This property has 4 bedrooms, 3 bathrooms and approximately 3,788 sqft of floor space. This property has a lot size of 0.37 acres and was built in 1982.
7040 Lanham Ln, Edina, MN 55439 is a 4 bedroom, 3 bathroom, 3,788 sqft single-family home in Prospect Knolls, built in 1982. It last sold for $795,000 on Oct 28, 2016. It is currently off market. The Trulia Estimate is $1,104,400, with a rent estimate of $4,409/month.
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 7040 Lanham Ln
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Interior Details BasementNumber of Rooms: 10Types of Rooms: Family Room |
Heating & Cooling Heating: WallAir ConditioningCooling System: OtherHeating Fuel: Wall |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: Stucco |
Parking & Garage GarageParking Spaces: 3Parking: Garage Attached |
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Year Built Year Built: 1982Year Updated: 1990 |
Property Type / Style Property Type: Single Family HomeArchitecture: Split-level |
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Units in Building: 1 |
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Lot Area: 0.37 acres |
Price History for 7040 Lanham Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 10/28/2016 | $795,000 | Sold | NorthstarMLS as distributed by MLS GRID #4748142 |
| 09/27/2016 | $799,900 | Pending | Agent Provided |
| 09/27/2016 | $799,900 | Listed For Sale | Agent Provided |
| 08/18/2016 | $799,900 | ListingRemoved | Agent Provided |
| 08/05/2016 | $799,900 | Listed For Sale | Agent Provided |
| 01/06/2012 | $596,100 | Sold | Lake Superior Area Realtors as distributed by MLS GRID #1596177 |
| 11/22/2011 | $624,900 | Listed For Sale | Agent Provided |
| 12/19/2002 | $526,000 | Sold | N/A |
Market trends in Edina
Last updated June 2026
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,986 |
| Assessment | $917,200 |
Home facts updated by county records
Comparable Sales for 7040 Lanham Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $1,000,000 | 06/12/26 | 4 | 3.5 | 4,167 | |
0.17 | Single-Family Home | $899,999 | 09/04/25 | 4 | 3.5 | 3,948 | |
0.15 | Single-Family Home | $1,075,000 | 05/29/26 | 3 | 3 | 4,160 | |
0.14 | Single-Family Home | $1,100,000 | 09/08/25 | 4 | 3.5 | 3,864 | |
0.08 | Single-Family Home | $1,268,500 | 08/25/25 | 5 | 3.5 | 3,458 | |
0.29 | Single-Family Home | $740,000 | 11/13/25 | 4 | 2.5 | 2,914 | |
0.29 | Single-Family Home | $695,000 | 08/28/25 | 4 | 3 | 2,520 | |
0.41 | Single-Family Home | $875,000 | 11/19/25 | 4 | 2.5 | 2,722 | |
0.58 | Single-Family Home | $775,000 | 03/16/26 | 4 | 2.5 | 3,931 | |
0.48 | Single-Family Home | $600,000 | 11/14/25 | 4 | 2.5 | 2,856 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7040 Lanham Ln.
What Locals Say about Prospect Knolls
At least 5 Trulia users voted on each feature.
83 % Say car is needed
71 % Say it's quiet
67 % Say it's dog friendly
63 % Say kids play outside
63 % Say parking is easy
63 % Say they plan to stay for at least 5 years
60 % Say there's wildlife
57 % Say it's walkable to restaurants
57 % Say yards are well-kept
57 % Say streets are well-lit
50 % Say there are sidewalks
50 % Say neighbors are friendly
43 % Say there's holiday spirit
38 % Say people would walk alone at night
25 % Say it's walkable to grocery stores
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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LGBTQ Local Legal Protections

