35% of homes accept an offer within 2 weeks. Tour it before it's gone!
Tomorrow:
About this home
A rare and remarkable chance to craft your dream home on a breathtaking 2.3-acre flat parcel in West Edina. Nestled in the trees with a serene pond in the distance, this extraordinary property offers endless potential. The lot’s generous size means you can position your new home well off the road for added privacy while still having room to design the ultimate backyard retreat. A stunning main-floor living concept, envisioned by the renowned James McNeal Architecture and Design, is ready to come to life with the craftsmanship of John Kraemer and Sons—or bring your own vision and builder to create a masterpiece that's uniquely yours. With ample space to design every detail, this is your opportunity to build the legacy home you’ve always imagined.
Parkwood Knolls, located between Highway 100 and France Avenue, is a residential and wooded Edina neighborhood with curving streets and mid-century homes. The neighborhood reads as quiet and tucked behind mature trees, with ranches and split-levels set on generous lots. The area’s character concentrates around the 50th Street & France Avenue corner, where sidewalk patios, boutiques, and small galleries set a polished, walkable tone. Community pillars nearby include the Edina Theatre, 50th & France Wine & Spirits, and the Edina Art Center. Pocket parks and the nearby Minnehaha Creek corridor shape daily routines with green views and trail connections. A short drive north, the chain of lakes adds a classic Minneapolis outdoor backdrop.
Provided by Walk Score and Local Logic
Offer insights
5125 Schaefer Rd · $6,500,000
$6.5M and above
75% chance or better to win
Why $6.5M+ is a strong offer
DAYS ON MARKET
107 days
The average home goes pending in 17 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Dining
Interior features
Finished full basement with egress windows and sump pump
Finished below-grade living area
Bedrooms
5 bedrooms
Bathrooms
1 full bath
4 three-quarter baths
1 half bath
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Stone and stucco exterior
Lot approximately 2.34 acres with dimensions 163 x 639
Home design
Residential property
Two levels
Built by John Kraemer & Sons Inc.
Parking
Attached 3-car garage
Construction
Foundation described as Other
Foundation area 3,619
Utilities
City water connected
City sewer connected
Natural gas
Financial info
Annual tax amount listed
Other
Total living area reported as 7,096 square feet
Above-grade finished area reported
Below-grade finished area reported
Electricity and solar
View estimated energy costs and solar savings for this home
A rare and remarkable chance to craft your dream home on a breathtaking 2.3-acre flat parcel in West Edina. Nestled in the trees with a serene pond in the distance, this extraordinary property offers endless potential. Bring your own vision and builder to create a masterpiece that's uniquely yours. With ample space to design every detail, this is your opportunity to build the legacy home you’ve always imagined.
NORTHSTARMLS as Distributed by MLS Grid #7071765
May 11, 2026
Listed
$6,500,000
$916/sq ft
NORTHSTARMLS as Distributed by MLS Grid #6802594
Jan 1, 2026
Listing Removed
—
Oct 10, 2025
Listed
$6,995,000
$986/sq ft
NORTHSTARMLS as Distributed by MLS Grid #6683395
Jan 1, 2026
Listing Removed
—
May 28, 2025
Price Changed
$2,750,000
$388/sq ft
Mar 11, 2025
Listed
$2,995,000
$422/sq ft
Public Records
Feb 14, 2022
Sold
$2,440,000
$344/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5749371
Jan 6, 2022
Sold
$2,440,000
$344/sq ft
Nov 15, 2021
Pending
—
Sep 13, 2021
Relisted
—
Sep 10, 2021
Listing Removed
—
Aug 31, 2021
Contingent
—
Aug 30, 2021
Relisted
—
Aug 30, 2021
Pending
—
Jul 23, 2021
Contingent
—
Apr 30, 2021
Listed
$2,500,000
$352/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5729200
Apr 30, 2021
Listing Removed
—
Apr 6, 2021
Relisted
—
Mar 23, 2021
Listed
$2,500,000
$352/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5472327
Feb 23, 2021
Listing Removed
—
Feb 22, 2021
Relisted
—
Jan 27, 2021
Contingent
—
Jan 26, 2021
Relisted
—
Dec 12, 2020
Contingent
—
Jul 18, 2020
Price Changed
$1,990,000
$280/sq ft
Feb 27, 2020
Price Changed
$2,200,000
$310/sq ft
Jan 30, 2020
Listed
$2,350,000
$331/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5332248
Jan 27, 2021
Contingent
—
Jan 26, 2021
Relisted
—
Dec 12, 2020
Contingent
—
Dec 12, 2020
Pending
—
Oct 6, 2020
Contingent
—
Jul 18, 2020
Price Changed
$1,990,000
$280/sq ft
Feb 28, 2020
Price Changed
$2,200,000
$310/sq ft
Jan 27, 2020
Listed
$2,350,000
$331/sq ft
NORTHSTARMLS as Distributed by MLS Grid #5142607
Nov 13, 2019
Listing Removed
—
Jun 3, 2019
Price Changed
$2,650,000
$373/sq ft
Jan 25, 2019
Listed
$2,850,000
$402/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4915688
Jan 24, 2019
Listing Removed
—
Mar 12, 2018
Listed
$2,850,000
$402/sq ft
Public Records
Apr 1, 1994
Sold
$650,000
$92/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$27,698 (+5.5%)
$1,865,000
2025
$26,251 (+10.2%)
$1,865,000
2024
$23,826 (−19.5%)
$1,750,000
2023
$29,592 (+8.3%)
$1,562,500 + $726,800
$2,289,300
2022
$27,325 (−2.1%)
$1,312,500 + $687,500
$2,000,000
2021
$27,918 (−4.0%)
$1,250,000 + $800,000
$2,050,000
2020
$29,078 (+10.0%)
$1,250,000 + $800,000
$2,050,000
2019
$26,445 (−8.4%)
$1,250,000 + $635,000
$1,885,000
2018
$28,874 (−1.0%)
$1,350,000 + $635,000
$1,985,000
2017
$29,154 (+6.2%)
$1,350,000 + $635,000
$1,985,000
2015
$27,446 (−6.7%)
$1,200,000 + $521,900
$1,721,900
2014
$29,405 (+19.0%)
$1,200,000 + $521,900
$1,721,900
2013
$24,705 (−1.9%)
$801,400 + $721,900
$1,523,300
2012
$25,184
$866,300 + $721,900
$1,588,200
Public record
Public record
Permits
Beds
4
Baths
4.5
Stories
2
Lot width
—
Lot depth
639 ft.
Lot size
2.34 Acres
Year renovated
1937
Finished Sq. Ft.
6,039
Unfinished Sq. Ft.
—
Total Sq. Ft.
6,039
Year built
1937
Style
Single Family Residential
County
Hennepin County
APN
30 117 21 41 0001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Aug 29, 2023 • Final
Building
Demolish a residential building and move it. Escrow has been paid.
Demolition
May 9, 2023 • Final
Building
Bathroom
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 98° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Edina, MN • 55436
Average low and high temperatures (°F)
22
6
30
14
49
28
58
38
71
49
79
61
84
66
79
63
78
59
65
46
44
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5125 Schaefer Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,800,000 and $3,525,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.8M to $3.5M.