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Prospect Knolls Homes for Sale

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  • 7001 Lanham Ln, Edina, MN 55439
    7001 Lanham Ln, Edina, MN 55439
    7001 Lanham Ln, Edina, MN 55439
    /57

    $985,000

    $10K PRICE INCREASE
    • 5 Beds
    • 3 Baths
    • 3,472 Sq Ft

    7001 Lanham Ln, Edina, MN 55439

    Experience refined living in this exceptional Edina residence, where thoughtful design, extensive updates, and resort-style outdoor amenities come together seamlessly. A stunning custom kitchen renovation serves as the centerpiece of the home, showcasing sophisticated finishes and elevated craftsmanship. The luxurious primary suite features a beautifully reimagined spa-inspired bath, creating a

    Agent Photo

    Jado Hark

    Compass

    7001 Lanham Ln, Edina, MN 55439
  • 5811 Shannon Dr, Edina, MN 55439
    5811 Shannon Dr, Edina, MN 55439
    5811 Shannon Dr, Edina, MN 55439
    /65

    $1,295,000

    $30K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 4,385 Sq Ft

    5811 Shannon Dr, Edina, MN 55439

    Rarely does a home become available that has been so thoughtfully updated and meticulously cared for. From the moment you step inside, the pride of ownership is unmistakable. Balanced, inviting, sophisticated and exceptionally livable, this heavily renovated Edina home blends warm modern design with timeless architectural character and seamless indoor-outdoor living.The stunning two-story

    Julie Distel RE/MAX Results

    5811 Shannon Dr, Edina, MN 55439
  • 7096 Cahill Rd, Edina, MN 55439
    7096 Cahill Rd, Edina, MN 55439
    7096 Cahill Rd, Edina, MN 55439
    /47

    $499,900

    Open Sun 11AM - 1PM
    • 2 Beds
    • 3.5 Baths
    • 2,843 Sq Ft

    7096 Cahill Rd, Edina, MN 55439

    Rare end-unit townhome in a distinctive Edina community with just 17 residences! Offering more than 2,800 square feet of finished living space, this spacious home combines the feel and functionality of a single-family home with the convenience of townhome living.The end-unit design provides extra width and natural light in the kitchen, with room for a substantial granite center island with

    Holly Weinstine RE/MAX Results

    7096 Cahill Rd, Edina, MN 55439
  • 7202 Shannon Dr, Edina, MN 55439
    7202 Shannon Dr, Edina, MN 55439
    7202 Shannon Dr, Edina, MN 55439
    /13

    $4,995,000

    • 5 Beds
    • 6 Baths
    • 7,461 Sq Ft

    7202 Shannon Dr, Edina, MN 55439

    A rare modern European country estate in one of Edina’s most private residential settings. Situated on approximately 1.22 acres, 7202 Shannon Drive is a custom new construction residence by JLS Design + Build. Steep gables, natural masonry, bronze detailing, vertically proportioned windows, and a porte-cochère with a private motor-court arrival create a timeless estate presence grounded in its

    Joshua Segal Stone Arch Realty

    7202 Shannon Dr, Edina, MN 55439
  • 7009 Gleason Rd, Edina, MN 55439
    7009 Gleason Rd, Edina, MN 55439
    7009 Gleason Rd, Edina, MN 55439
    /28

    $1,100,000

    Open Sun 11AM - 12:30PM $100K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,662 Sq Ft

    7009 Gleason Rd, Edina, MN 55439

    Welcome to this stunning contemporary home, perfectly situated on a beautifully landscaped, tree-lined lot. Thoughtfully and extensively remodeled, every detail as been carefully designed to blend style, comfort, and functionality. The bright and open main level is ideal for both entertaining and everyday living, featuring multiple skylights that fill the space with natural light. The spacious

    Marilee Anderson Coldwell Banker Realty - Southwest Regional

    7009 Gleason Rd, Edina, MN 55439
Minnesota Hennepin County Edina

Real Estate & Homes for Sale in Prospect Knolls, Edina

Why Live in Prospect Knolls
Prospect Knolls is a southwestern suburb of Edina known for its rolling hills, quiet wooded streets and strong sense of community. The neighborhood features a variety of home styles, including traditional ramblers, Colonial Revivals and contemporary estates, many of which were built in the 1970s. It’s a competitive real estate market with around 480 homes that have large lots and well-maintained landscapes. Families are served by the highly rated Edina Public Schools District, which includes Creek Valley Elementary, Valley View Middle and Edina High School. The 21-acre Lewis Park has several walking trails and athletic spaces for soccer, football, tennis and hockey. The 18-hole Braemar Golf Course is home to the Golf Dome, which is the largest indoor golfing facility in the Twin Cities. The Minnesota Made Ice Center has two ice-skating rinks that are open year-round. Locals like to go grocery shopping at the Edina Market & Deli, as well as Trader Joe’s, Target and Cub Foods. Cahill Bistro emphasizes Latin-inspired cuisine and happy hour specials, while Edina Coffee Roasters is a locally owned café that routinely provides door-to-door deliveries. The community is surrounded by major thoroughfares such as U.S. Route 169 and Interstate 494, with Minneapolis just 13 miles away. Metro Transit buses provide public transportation, and the Minneapolis-Saint Paul International Airport is about 10 miles away.
Learn more about living in Prospect Knolls

Prospect Knolls, Edina, MN Home Prices vs. Nearby Neighborhoods

Prospect Knolls Brookview Heights Birchcrest Normandale Park
Median Home Price
$699,950
$550,000
$675,000
$622,500
Median Sale Price
$650,000
-12% YoY
$557,500
+16% YoY
$668,000
+14% YoY
$616,250
+16% YoY
Median Single Family Price
$1,010,000
$645,000
$734,500
$622,500
Total Active Listings
5 listings
7 listings
2 listings
5 listings
Market Conditions
3 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Prospect Knolls a good place to live?
Prospect Knolls is a good place to live. Prospect Knolls is considered car-dependent and bikeable. Prospect Knolls is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Prospect Knolls has 6 parks for recreational activities.It is somewhat dense in population with 6.0 people per acre and a median age of 46. The average household income is $186,579 which is above the national average. College graduates make up 85.6% of residents. A majority of residents in Prospect Knolls are home owners, with 28% of residents renting and 72% of residents owning their home. A local real estate agent serving Prospect Knolls can help you decide if this neighborhood is the right one for you. Learn more on our Prospect Knolls neighborhood guide.
Is Prospect Knolls, MN a safe neighborhood?
Prospect Knolls, MN is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Prospect Knolls?
The median home price in Prospect Knolls is $699,950. If you put a 20% down payment of $140,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $3,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $149K a year to afford the median home price in Prospect Knolls. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Prospect Knolls is $187K.
What are the best public schools in Prospect Knolls?
The best public schools that serve Prospect Knolls are:
What are the most popular zip codes in Prospect Knolls, Edina, MN?
The most popular zip codes in Prospect Knolls, Edina, MN include 55439, 55436, 55435, 55438 and 55437.
What are the most popular neighborhoods near Prospect Knolls, Edina, MN?
The most popular neighborhoods near Prospect Knolls, Edina, MN are The Heights, Dewey Hill, Indian Hills, Normandale Park and Brookview Heights.
Are home prices dropping in Prospect Knolls?
Yes, home prices in Prospect Knolls are down 22% in the last 12 months.
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