Superbly maintained home, located on an oversized lot in the coveted Parkwood Knolls neighborhood. This home offers tremendous entertaining & living spaces. The main level features a grand 2-story living room, gourmet kitchen, formal dining room, parlor with a fireplace, music room, flex bedroom space, & office with coffered ceiling. Unparalleled owner’s suite overlooks the beautifully manicured backyard & features a lavish walk-in closet, a spa-like master bathroom with dual vanities, free standing bathtub, & spacious glass shower. This home is an entertainer's dream with amenities such as a wet bar, wine cellar, theater room with surround sound, & ample storage space on the lower level. The screened-in porch leads you to the resort-style pool, built-in hot tub, & spectacular pool/guest house offering a full kitchen, bathroom, & family room. The heated driveway leads up to the 5 car garage spaces divided between 2 garages with a custom cigar room & bar. A truly one-of-a-kind home!
Closed
$3,550,000
5504 Schaefer Rd, Edina, MN 55436
7beds
9,141sqft
Single Family Residence
Built in 2006
0.86 Acres Lot
$3,759,200 Zestimate®
$388/sqft
$5,401 Estimated rent
Home value
$3,759,200
$3.46M - $4.06M
$5,401/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 10, 2024 at 07:25pm
Listed by:
Julie R Regan 651-707-6065,
Lakes Sotheby's International Realty,
Jeffrey D Hornig 952-230-3101
Bought with:
Drew Hueler
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6360397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 4
- 3/4 bathrooms: 3
- 1/2 bathrooms: 2
Bedroom 1
- Level: Upper
- Area: 272 Square Feet
- Dimensions: 17x16
Bedroom 2
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 4
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 5
- Level: Lower
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 6
- Level: Lower
- Area: 154 Square Feet
- Dimensions: 14x11
Deck
- Level: Upper
- Area: 516 Square Feet
- Dimensions: 43x12
Dining room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Family room
- Level: Lower
- Area: 360 Square Feet
- Dimensions: 24x15
Kitchen
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24x15
Living room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24x15
Media room
- Level: Lower
- Area: 247 Square Feet
- Dimensions: 19x13
Patio
- Level: Main
- Area: 432 Square Feet
- Dimensions: 27x16
Screened porch
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Heating
- Forced Air, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Rented
Features
- Central Vacuum
- Basement: Daylight,Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access
- Number of fireplaces: 4
- Fireplace features: Amusement Room, Family Room, Gas, Living Room, Primary Bedroom
Interior area
- Total structure area: 9,141
- Total interior livable area: 9,141 sqft
- Finished area above ground: 6,492
- Finished area below ground: 2,649
Property
Parking
- Total spaces: 5
- Parking features: Attached, Detached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: In Ground, Heated, Outdoor Pool
- Fencing: Other
Lot
- Size: 0.86 Acres
- Dimensions: E 170 x 188 x 181 x 250
Details
- Foundation area: 2851
- Parcel number: 3111721120020
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick/Stone, Stucco
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- Age of Property: 18
- New construction: No
- Year built: 2006
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Edina
- Subdivision: Parkwood Knolls
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2023 | Sold | $3,550,000-5.3%$388/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6360397 Report a problem | ||
| 5/18/2023 | Pending sale | $3,750,000$410/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6360397 Report a problem | ||
| 4/25/2023 | Listed for sale | $3,750,000-6.1%$410/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6360397 Report a problem | ||
| 4/25/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6146007 Report a problem | ||
| 9/6/2022 | Price change | $3,995,000-10.2%$437/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6146007 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52,160 -4.1% | $3,711,200 +5.2% |
| 2024 | $54,415 +12.9% | $3,526,500 -8.4% |
| 2023 | $48,190 +0.2% | $3,850,500 +13.4% |
Find assessor info on the county website
Neighborhood: Parkwood Knolls
Nearby schools
GreatSchools rating
- 9/10Countryside Elementary SchoolGrades: K-5Distance: 1 mi
- 9/10Valley View Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Edina Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$3,759,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,759,200