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Melody Lake

Melody Lake

$728,331 Average Value

Northwestern Edina suburb with lakefront views

Less than 10 miles from Minneapolis in the first-ring suburb of Edina, the neighborhood of Melody Lake feels far away from the city. Forested gravel paths lead neighbors to scenic waterfront vistas in this northwestern quadrant of Edina. Named after its centralized body of water, Melody Lake is desirable for its A-rated school district, waterfront properties and proximity to State Highway 100. “Melody Lake is very quiet, and people love that there are a couple of parks within walking distance,” says Regina Finkelstein, Realtor at RE/MAX Results. “Plus, it’s close to the schools, and Edina is well-known for its district.” Melody Lake residents are also close to popular commercial hub, 50th Street and France Avenue, and eateries like The Hilltop, which has been family-owned since 1977. For those who commute, State Highway 100 makes getting to and from Minneapolis, a 12-mile drive, accessible within about 15 minutes. With a scenic lakeside park and lawns dotted with mature oak trees, Melody Lake gives residents a sense of seclusion while remaining central to all that Edina has to offer.

Ranch styles and New Traditionals

The real estate market in Melody Lake is competitive due to the limited housing inventory. With a median sales price of $510,000, homes in Melody Lake are priced $200,000 more than the average property in the Minneapolis Metro Area. Most of the homes in Melody Lake were constructed in the 1950s, and boast styles common to the era, like traditional ramblers and split-levels. “There’s a lot of ‘40s and ‘50s homes, but we’re seeing more tear-down rebuilds throughout the community and all of Edina,” says Troy Martenson, Realtor at eXp Realty with over 25 years of experience in selling in the area. As rebuilds develop in the community, New Traditional styles have also become increasingly common. Homes range from the high $200,000s for a three-bedroom split-level to upwards of $1.5 million for a five-bedroom New Traditional with waterfront views of the community's namesake lake. Direct waterfront properties here will inevitably have the highest price points. Wide streets lead to cul-de-sacs, where homes are neatly decorated with flower baskets in the windows and basketball hoops sit at the end of driveways. Homes here also often feature mid-sized lawns, paved driveways and multi-car garages.

High-marks at Edina Public Schools

Families in Melody Lake are zoned for the Edina Public School District, ranked No. 4 as the best school district in Minnesota by the educational review site, Niche. Students may attend schools like Countryside Elementary, Valley View Middle and Edina High School, which have earned ratings of A, A-plus and A-plus from Niche. Countryside Elementary School promotes leadership from an early age with the option to participate as student representatives in the kids' council. Valley View Middle School serves around 1,000 students and boasts a student-teacher ratio of 15:1. Edina High School offers 26 AP courses to earn college credit and an acclaimed sports department that’s brought home 200 state championship titles. Private options like Our Lady of Grace Catholic School are also available.

Lakefront views at Melody Lake Park

Melody Lake Park runs along the northeast edge of the neighborhood and provides waterfront vistas of its namesake lake. A recent effort restored the lake’s shoreline with a plant buffer displaying vibrant pops of color from native asters and black-eyed Susans. A few private docks line the shores for pedal boating, kayaking and non-motorized boating during the summertime. While in the spring, baseball and soccer teams practice at Yancey Park, which also features tennis courts and a playground on the neighborhood's western side. Golfers head to the private Edina Country Club in nearby Golf Terrace for a day spent on the fairways. The country club offers a championship 18-hole course and driving range for members only.

Local boutiques and eateries at 50th & France

Residents are 2 miles from downtown Edina and the intersection of 50th Street and France Avenue, the primary commercial district in the area. Local boutiques like Harriet and Alice - for knitting supplies - and Annika Bridal Boutique - for the perfect dress - are mainstays within the community. Groceries and everyday essentials are available at Jerry's Foods, Lunds & Byerlys and the nearby Walgreens Pharmacy. When dining in the area, locals head to The Hilltop for American classics, a family-friendly environment and a place to catch the big game on their TVs. Their patio is suitable for all four-seasons, closed-in and heated during winter, so patrons can still enjoy the views. For a quick bite, neighbors can grab a slice, sandwich or salad from the Minnesota-based Davanni’s Pizza and Hot Hoagies, which has been serving the community since 1975. While the Starling, offers a wide selection of craft cocktails and small plates from a variety of global cuisines.

Daily commutes on State Highway 100

Residents in Melody Lake rely on State Highway 100 when traveling into downtown Minneapolis and neighboring areas like Golf Terrace or Grandview. Those seeking public transportation can grab a seat on the Metro Transit bus, which is accessible from the Eden-Vernon Busway nearby. When traveling further outside the neighborhood, the Minneapolis–Saint Paul International Airport is 13 miles away. For healthcare, the M Health Fairview Southdale Hospital is 2 miles from the community.

Crime

Melody Lake’s CAP Index crime score is 1 out of 10, lower than the national average of 4.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Kristi Healy, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

20 min drive

Neighborhood Facts

Number of Homes in Neighborhood
346
Median Year Built
1954
Average Single Family Home Size Sq Ft
2,368
Above the national average
1,924
Median Lot Size Sq Ft
11,325

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Kristi Healy, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
939
Median Age
43
Population Density
6 ppl/acre
Population under 18
26.3%
On par with the national average
23.8%
Population over 65
19.5%
On par with the national average
19.1%

Finances

Median Household Income
$171,491
Significantly above the national average
$71,702
Average Household Income
$189,377

Education and Workforce

High School Graduates
100%
College Graduates
73.4%
Significantly above the national average
34.1%
Advanced Degrees
36.4%
Above the national average
13.3%
% Population in Labor Force
71.5%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
6°F
Average Summer High Temperature
81°F
Annual Snowfall
60''

Area Factors

Somewhat Bikeable

Bike Score®

22 / 100

Car-Dependent

Walk Score®

11 / 100

Minimal Transit

Transit Score®

23 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Melody Lake