Why Live in Melody Lake
Melody Lake, located in the northwestern quadrant of Edina, MN, is a serene neighborhood less than 10 miles from Minneapolis. Known for its scenic waterfront views and forested gravel paths, the area offers a peaceful retreat while remaining close to urban amenities. The neighborhood is part of the highly rated Edina Public School District, with students attending Countryside Elementary, Valley View Middle, and Edina High School. Melody Lake Park and Yancey Park provide recreational opportunities, including baseball, soccer, tennis, and playgrounds. The private Edina Country Club nearby features an 18-hole championship golf course. Homes in Melody Lake, primarily traditional ramblers and split-levels from the 1950s, are increasingly seeing New Traditional rebuilds. Properties often feature mid-sized lawns, paved driveways, and multi-car garages, with some offering waterfront views that command higher prices. The neighborhood's proximity to State Highway 100 ensures a 15-minute commute to Minneapolis, while local favorites like The Hilltop and Davanni’s Pizza and Hot Hoagies cater to dining needs. The commercial hub at 50th Street and France Avenue, just 2 miles away, offers boutiques, grocery stores, and pharmacies. Public transportation is accessible via the Eden-Vernon Busway, and the Minneapolis–Saint Paul International Airport is 13 miles away. Melody Lake boasts a crime rate lower than the national average, contributing to its appeal as a quiet and safe residential area.
Frequently Asked Questions
Is Melody Lake a good place to live?
Melody Lake is a good place to live. Melody Lake is considered very car-dependent and somewhat bikeable with minimal transit options. Melody Lake has 5 parks for recreational activities. It is fairly sparse in population with 5.6 people per acre and a median age of 43. The average household income is $189,377 which is above the national average. College graduates make up 73.4% of residents. A majority of residents in Melody Lake are home owners, with 10% of residents renting and 90% of residents owning their home. A
local real estate agent serving Melody Lake can help you decide if this neighborhood is the right one for you. Learn more on our
Melody Lake neighborhood guide.
How much do you need to make to afford a house in Melody Lake?
The median home price in Melody Lake is $625,000. If you put a 20% down payment of $125,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $3,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $135K a year to afford the median home price in Melody Lake. The average household income in Melody Lake is $189K.
What are the best public schools in Melody Lake?
The best public schools that serve Melody Lake are:
- Edina High School has an A+ Niche grade, a student teacher ratio of 19:1 and an average review score of 4.0.
- Valley View Middle School has an A Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
- South View Middle School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 3.4.
What are the best private schools in Melody Lake?
The best private schools that serve Melody Lake are:
What are the most popular zip codes in Melody Lake, Edina, MN?
What are the most popular neighborhoods near Melody Lake, Edina, MN?
Home Trends in Melody Lake, MN
On average, homes in Melody Lake, Edina sell after 27 days on the market compared to the national average of 52 days. The median sale price for homes in Melody Lake, Edina over the last 12 months is $625,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$625,000
Median Single Family Sale Price
$625,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
4
Last 12 months Home Sales
18
Median List Price
$625,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%