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!
Single-familyProperty Type
2006Year Built
0.86 acresLot Size
5 car garageParking
Listed by Julie Regan• Lakes Sotheby's International Realty
Only available due to relocation. Extensive renovations by Streeter & Assoc. Generous room sizes & unparalleled master suite. Theater room & wine cellar. Pool house w/additional .5ba. 5 garage spaces w/exercise room above. Remarkably landscaped.
NORTHSTARMLS as Distributed by MLS Grid #4554681
Apr 24, 2015
Listing Removed
—
Jan 16, 2015
Listed
$4,400,000
NORTHSTARMLS as Distributed by MLS Grid #3961293
Jan 4, 2011
Listing Removed
—
Aug 17, 2010
Listed
$2,950,000
NORTHSTARMLS as Distributed by MLS Grid #3813484
May 30, 2010
Listing Removed
—
Jul 18, 2009
Listed
$3,795,000
NORTHSTARMLS as Distributed by MLS Grid #3383086
Apr 3, 2009
Listing Removed
—
May 22, 2007
Listed
$3,595,000
NORTHSTARMLS as Distributed by MLS Grid #3232354
Mar 28, 2007
Listing Removed
—
Jul 10, 2006
Listed
$3,995,000
NORTHSTARMLS as Distributed by MLS Grid #3136716
Jul 9, 2006
Listing Removed
—
Jan 13, 2006
Listed
$4,295,000
Public Records
Nov 1, 2005
Sold
$1,150,000
NORTHSTARMLS as Distributed by MLS Grid #3021219
Jun 23, 2005
Listing Removed
—
Apr 19, 2005
Listed
$3,400,000
Public Records
Apr 26, 2005
Sold
$915,000
NORTHSTARMLS as Distributed by MLS Grid #2371451
Feb 7, 2005
Listed
$925,000
Public Records
Aug 1, 1978
Sold
$160,000
Year
Property tax
Land + Additions
Assessment*
2026
$57,277 (+9.8%)
$856,000 + $2,855,200
$3,711,200
2025
$52,160 (−4.1%)
$805,000 + $2,721,500
$3,526,500
2024
$54,415 (+12.9%)
$800,000 + $3,050,500
$3,850,500
2023
$48,190 (+0.2%)
$845,000 + $2,550,600
$3,395,600
2022
$48,100 (+0.5%)
$715,000 + $2,475,500
$3,190,500
2021
$47,841 (−0.9%)
$682,500 + $2,482,100
$3,164,600
2020
$48,272
$650,000 + $2,486,500
$3,136,500
2019
$48,292 (+1.5%)
$650,000 + $2,490,900
$3,140,900
2018
$47,589 (−2.3%)
$650,000 + $2,375,000
$3,025,000
2017
$48,721 (+9.2%)
$650,000 + $2,375,000
$3,025,000
2015
$44,614 (−4.9%)
$500,000 + $2,350,000
$2,850,000
2014
$46,936 (+2.8%)
$500,000 + $2,350,000
$2,850,000
2013
$45,646 (−7.0%)
$547,200 + $2,268,600
$2,815,800
2012
$49,072
$576,000 + $2,513,500
$3,089,500
Tax history for 5504 Schaefer Rd
Year
Property tax
Land + Additions
Assessment*
2026
$57,277 (+9.8%)
$856,000 + $2,855,200
$3,711,200
2025
$52,160 (−4.1%)
$805,000 + $2,721,500
$3,526,500
2024
$54,415 (+12.9%)
$800,000 + $3,050,500
$3,850,500
2023
$48,190 (+0.2%)
$845,000 + $2,550,600
$3,395,600
2022
$48,100 (+0.5%)
$715,000 + $2,475,500
$3,190,500
2021
$47,841 (−0.9%)
$682,500 + $2,482,100
$3,164,600
2020
$48,272
$650,000 + $2,486,500
$3,136,500
2019
$48,292 (+1.5%)
$650,000 + $2,490,900
$3,140,900
2018
$47,589 (−2.3%)
$650,000 + $2,375,000
$3,025,000
2017
$48,721 (+9.2%)
$650,000 + $2,375,000
$3,025,000
2015
$44,614 (−4.9%)
$500,000 + $2,350,000
$2,850,000
2014
$46,936 (+2.8%)
$500,000 + $2,350,000
$2,850,000
2013
$45,646 (−7.0%)
$547,200 + $2,268,600
$2,815,800
2012
$49,072
$576,000 + $2,513,500
$3,089,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
3
Stories
1
Lot width
170 ft.
Lot depth
188 ft.
Lot size
0.85 Acres
Year renovated
2006
Sq. Ft.
8,207
Year built
2006
Style
Single Family Residential
County
Hennepin County
APN
31 117 21 12 0020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Dec 15, 2023 • Final
Building
Perform maintenance, repair, and replacement of siding on a residential building.
Remodel
Nov 19, 2020 • Final
Mechanical
Grading
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.