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5504 Schaefer Road, Edina, MN 55436

$3,550,000

Sitting area in master suite with fireplace, espresso machine, beverage fridge and sink.

Private terrace off master bedroom overlooking the beautifully manicured, resort-style backyard

Pool house with kitchen, bath and living space.

2-car garage has a finished cigar room/bar space above.

Property Type: Residential Bedrooms: 7 Baths: 9 Square Footage: 9,343 Lot Size (sq. ft.): 37,462 Status: Closed

Current Price: $3,550,000 List Date: 4/25/2023 Last Modified: 8/08/2025

Overview

Description

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!

Listing Details MLS# 6360397

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 4
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 4
Bath Three Quarters: 3
Bath Half: 2
Main Floor Total SqFt: 2851
Above Grd Total SqFt: 6492
Below Grd Total SqFt: 2851
Total SqFt: 9343
Total Finished Sqft: 9141.00
Style: (SF) Single Family
Foundation Size: 2851
Garage Stalls: 5
Lot Dimensions: E 170x188x181x250
Acres: 0.86
# Carport Spaces: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Deck; Exercise Room; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Window; Multiple Phone Lines; Natural Woodwork; Patio; Porch; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Central Vacuum; Cooktop; Dishwasher; Disposal; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Basement: Drain Tiled; Full; Sump Pump Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath; Full Primary; Private Primary; Two Primary Baths; 1/2 Basement; 3/4 Basement; Two Basement Baths; Separate Tub & Shower; Walk Thru Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Separate/Formal Dining Room Exterior: Brick/Stone; Stucco Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Great Room; Loft; Lower Level; Main Level Fencing: Other Financing Terms: Conventional Fireplace Characteristics: Amusement Room; Family Room; Gas Burning; Living Room; Primary Bedroom Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Pool Description: Below Ground; Heated Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles; Pitched Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 4 BR on One Level; All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2023-05-18
Contingency: None
Closed Date: 2023-06-07
Original List Price: 3750000
Sales Close Price: 3550000
ListPrice: 3750000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5504
Street Name: Schaefer
Street Suffix: Road
Postal City: Edina
County: Hennepin
State: MN
Zip Code: 55436
Complex/Dev/Subdivision: Parkwood Knolls

Assessments

Tax With Assessments: 48190
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 6492
Finished SqFt Below Ground: 2649

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 1331
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 21
Section#: 31
Township#: 117

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 009 BLOCK 004 PARKWOOD KNOLLS
Listing City: Edina
Map Page: 119
Municipality: Edina
Rental License?: No
School District: Edina
School District Phone: 952-848-3900
Country: US
Property ID Number: 3111721120020
Tax Year: 2023
Tax Amount: 48190
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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!
Directions: Interlachen Blvd to Blake Rd. South to Idylwood Ln. West to home on corner of Idylwood Ln & Schaefer Rd.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes
Deck: Yes
Exercise Room: Yes
Hardwood Floors: Yes
Hot Tub: Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Multiple Phone Lines: Yes
Natural Woodwork: Yes
Patio: Yes
Porch: Yes
Security System: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Air-To-Air Exchanger: Yes
Central Vacuum: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Drain Tiled: Yes
Full: Yes
Sump Pump: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Main Floor Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
Two Primary Baths: Yes
1/2 Basement: Yes
3/4 Basement: Yes
Two Basement Baths: Yes
Separate Tub & Shower: Yes
Walk Thru: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Area: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Separate/Formal Dining Room: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Family Room Characteristics

2 or More: Yes
2 Story/High/Vaulted Ceilings: Yes
Entertainment/Media Center: Yes
Family Room: Yes
Great Room: Yes
Loft: Yes
Lower Level: Yes
Main Level: Yes

Fencing

Other: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Amusement Room: Yes
Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
In-Floor Heating: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Tree Coverage - Medium: Yes

Pool Description

Below Ground: Yes
Heated: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sewer

City Sewer/Connected: Yes

Special Search

2nd Floor Laundry: Yes
4 BR on One Level: Yes
All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Deck	43x12	Upper
Patio	27x16	Main
Sixth (6th) Bedroom	14x11	Lower
Fifth (5th) Bedroom	15x13	Lower
Media Room	19x13	Lower
Screened Porch	14x14	Main
Second (2nd) Bedroom	15x14	Upper
First (1st) Bedroom	17x16	Upper
Fourth (4th) Bedroom	13x12	Upper
Third (3rd) Bedroom	13x12	Upper
Dining Room	15x13	Main
Living Room	24x15	Main
Kitchen	24x15	Main
Family Room	24x15	Lower

Listing Office: Lakes Sotheby's International Realty

Last Updated: August - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.