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Melody Lake Homes for Sale

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  • 5105 Windsor Ave, Edina, MN 55436
    5105 Windsor Ave, Edina, MN 55436
    5105 Windsor Ave, Edina, MN 55436
    /35

    $1,750,000

    • 5 Beds
    • 4.5 Baths
    • 4,196 Sq Ft

    5105 Windsor Ave, Edina, MN 55436

    Gorgeous 5 BR, 5 BA new construction with high-end finishes in desirable west Edina. Gourmetkitchen with a island and walk in pantry. LL family room with wet bar and in-floor heat, makethis home perfect for today's lifestyle. Home features an open floor plan with abundance ofnatural light and exceptional craftsmanship throughout, including solid oak flooring, quartzcountertops, 4

    Barbara Collins Edina Realty, Inc.

    5105 Windsor Ave, Edina, MN 55436
  • 5004 Yvonne Terrace, Minneapolis, MN 55436
    5004 Yvonne Terrace, Minneapolis, MN 55436
    5004 Yvonne Terrace, Minneapolis, MN 55436
    /49

    $674,900

    • 3 Beds
    • 2.5 Baths
    • 3,019 Sq Ft

    5004 Yvonne Terrace, Minneapolis, MN 55436

    Charming mid-century modern home built in 1950 by a builder for his own use. Solid, well-constructed, and meticulously cared for, this home offers timeless character with excellent potential for today’s living. Set on a rare double lot with a fenced yard, beautiful gardens, and inviting outdoor spaces, the property provides a private and peaceful setting. Inside, you’ll find refinished hardwood

    Bridget Towey Coldwell Banker Realty - Lakes

    5004 Yvonne Terrace, Minneapolis, MN 55436
  • 5400 Richmond Ln, Edina, MN 55436
    5400 Richmond Ln, Edina, MN 55436
    5400 Richmond Ln, Edina, MN 55436
    /40

    $649,900

    • 3 Beds
    • 1.5 Baths
    • 1,423 Sq Ft

    5400 Richmond Ln, Edina, MN 55436

    Completely reimagined and thoughtfully renovated, this Edina home offers modern design, elevated finishes, and an incredible private backyard retreat. From the moment you step inside, you'll appreciate the dramatic transformation, including the professional removal of the center wall and relocation of the staircase to create a bright, open-concept main level designed for both everyday living and

    Hope Palmer Real Broker, LLC

    5400 Richmond Ln, Edina, MN 55436
Minnesota Hennepin County Edina

Real Estate & Homes for Sale in Melody Lake, Edina

Why Live in Melody Lake
Melody Lake is a serene community less than 10 miles from Minneapolis. Known for its forested gravel paths and scenic waterfront views of its namesake lake, the neighborhood is a quiet, peaceful retreat that’s within walking distance of several parks. Many people like to go boating and kayaking from the docks at Melody Lake Park, while the Edina Country Club features an 18-hole championship course. Yancey Park has a playground and tennis courts, and youth baseball and soccer teams play at its sports fields over the summer. The area is zoned for the highly rated Edina Public Schools system, with students attending Countryside Elementary, Valley View Middle and Edina High. Most traditional ramblers and split-level homes were built in the 1950s, and many properties come with mid-sized lawns, paved driveways and multi-car garages. Minnesota State Highway 100 is the main thoroughfare to Downtown Minneapolis and nearby neighborhoods such as Golf Terrace and Grandview. Metro Transit buses provide public transportation from the Eden-Vernon Busway, and the Minneapolis-Saint Paul International Airport is 13 miles away. 50th Street & France is a bustling commercial hub with a variety of boutiques, grocery stores and restaurants.
Learn more about living in Melody Lake

Melody Lake, Edina, MN Home Prices vs. Nearby Neighborhoods

Melody Lake Chowen Park/Creek Knoll Lynnhurst Armatage
Median Home Price
$674,900
$850,000
$725,000
$474,950
Median Sale Price
$700,000
+13% YoY
$675,000
-15% YoY
$742,500
-9% YoY
$475,000
+4% YoY
Median Single Family Price
$700,000
$850,000
$730,000
$469,500
Total Active Listings
3 listings
10 listings
12 listings
9 listings
Market Conditions
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Melody Lake a good place to live?
Melody Lake is a good place to live. Melody Lake is considered somewhat walkable and bikeable with minimal transit options. Melody Lake has 5 parks for recreational activities.It is somewhat dense in population with 6.0 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 $674,900. If you put a 20% down payment of $135,000 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $3,490 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $150K a year to afford the median home price in Melody Lake. Learn how much home you can afford with our Home Affordability Calculator. 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 20:1 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 18:1 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?
The most popular zip codes in Melody Lake, Edina, MN include 55436, 55424, 55439, 55435 and 55416.
What are the most popular neighborhoods near Melody Lake, Edina, MN?
The most popular neighborhoods near Melody Lake, Edina, MN are Birchcrest, Grandview, Highlands, Countryside and Concord.
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