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Prospect Knolls Homes for Sale

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  • /33

    $815,000

    Open Sun 1PM - 2:30PM
    • 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
  • /83

    $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
  • /71

    $1,050,000

    • 4 Beds
    • 3 Baths
    • 3,588 Sq Ft

    7121 Schey Dr, Edina, MN 55439

    **MULTIPLE OFFERS RECEIVED, ALL OFFERS ARE DUE WEDNESDAY MAY27TH AT 7PM** Iconic Mid-Century Modern on Premier Braemar Hills Lot. Set on one of Braemar Hills’ most coveted lots, this exceptional mid-century modern home offers breathtaking golf course and sunset views from its elevated .58-acre setting. Built in 1966 and thoughtfully designed to blur the line between indoors and out, the home

    Rebecca Scadden Edina Realty, Inc.

    7121 Schey Dr, 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.

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 with minimal transit options. 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 fairly sparse in population with 5.7 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 27.8% of residents renting and 72.2% 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 $722,500. If you put a 20% down payment of $144,500 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $3,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $157K 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, 55424 and 55438.
What are the most popular neighborhoods near Prospect Knolls, Edina, MN?
The most popular neighborhoods near Prospect Knolls, Edina, MN are Normandale Park, Brookview Heights, Countryside, Indian Hills and Dewey Hill.
Are home prices dropping in Prospect Knolls?
Yes, home prices in Prospect Knolls are down 4% in the last 12 months.

Home Trends in Prospect Knolls, MN

Housing Trends

Median Sale Price
$662,500
Median Single Family Sale Price
$985,000
Median Townhouse Sale Price
$550,000
Average Price Per Sq Ft
$238
Number of Homes for Sale
3
Last 12 months Home Sales
30
Months of Supply
1.20
Median List Price
$722,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%
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