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Prospect Knolls Homes for Sale

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  • /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
  • /33

    $799,000

    $16K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 3,340 Sq Ft

    7238 Lewis Ridge Pkwy, Edina, MN 55439

    This is your rare opportunity to own an executive townhome in Edina in the exclusive 15-unit Lewis Ridge complex built by award-winning Ron Clark Construction & Design. Enjoy the finest in one-level living with a spacious open floor plan, exceptional craftsmanship, and soaring 12-foot ceilings. You will love the spacious kitchen-hearth room with cozy gas fireplace, center island, and dining area

    Margaret Boehne Edina Realty, Inc.

    7238 Lewis Ridge Pkwy, Edina, MN 55439
  • /54

    $1,295,000

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

    5811 Shannon Dr, Edina, MN 55439

    LOCATION! Nestled on one of the most picturesque streets in Edina, this beautifully remodeled home in Prospect Knolls offers the perfect blend of style, space, and convenience. With 4385 square feet, 4 bedrooms, and 4 bathrooms, this move-in-ready home sits on a spacious corner lot in highly sought after West Edina.Step inside to a stunning two-story vaulted ceiling with exposed wood beams

    Julie Distel RE/MAX Results

    5811 Shannon Dr, Edina, MN 55439
  • /63

    $1,299,000

    • 4 Beds
    • 3.5 Baths
    • 4,255 Sq Ft

    7000 Weston Cir, Edina, MN 55439

    Resort-style living awaits at this beautifully updated two-story in Edina's desirable southwest quadrant. Designed for entertaining and everyday enjoyment, the private backyard features a stunning saltwater pool, expansive bluestone patio, outdoor grilling station, dining area, and gas fire feature with multiple spaces to gather and relax. Inside, walls of windows overlook the backyard oasis and

    Deborah Geiger-McCracken Coldwell Banker Realty - Lakes

    7000 Weston Cir, Edina, MN 55439

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.

Prospect Knolls Home Prices vs. Nearby Edina, MN Neighborhoods

Prospect Knolls Birchcrest Normandale Park Kingswood-Ashcroft-Stratford
Median Home Price
$890,000
$672,500
$600,000
$635,000
Median Sale Price
$675,000
-8% YoY
$735,000
+8% YoY
$575,000
-9% YoY
$635,000
-15% YoY
Median Single Family Price
$1,020,000
$737,500
$600,000
$497,500
Total Active Listings
4
4
5
0
Market Conditions
2 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
0 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 $890,000. If you put a 20% down payment of $178,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $4,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $193K 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, Brookview Heights and Normandale Park.
Are home prices dropping in Prospect Knolls?
Yes, home prices in Prospect Knolls are down 6% in the last 12 months.
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