14 days on rocket

5020 Edgewater Dr, Mound, MN, 55364

$1,495,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,405 SqFt
$622/SqFt
House
Schools Nearby

Location

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5020 Edgewater Dr, Mound$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete
Garage2 spaces
Year Built1992
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceWood Burning
ViewPanoramic
MLS #6533252
StatusActive

About 5020 Edgewater Dr

Discover an incredible opportunity with this charming 3-bed, 3-bath home on Lake Minnetonka. Enjoy breathtaking panoramic views, extensive outdoor entertaining areas and a pristine sandy shoreline perfect for water activities. The open floor plan boasts a spacious great room and dining area that seamlessly flow onto a large deck. The upper level features two bedrooms and a loft, ideal for a home office. Relax and take in the scenery from the second-floor deck or unwind in the private hot tub off the main floor deck. Recent upgrades include modernized kitchen, finished lower level, renovated main floor bath, landscaping and hillside terracing, refurbished deck, sunken fire pit, concrete driveway, rip rap shoreline and stunning Ellipse outdoor sculpture. This home offers ample driveway parking on a quiet neighborhood street, making it perfect as either a main home or a cabin retreat. Enjoy the privacy of your own lakeshore—this property and its surrounding shoreline are not “commons".

Property Details

Property Features

Property Information:

  • Year Built: 1992
  • Living Area: 2,405 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mound Westonka High School, Public District Grades 8-12
  • Grandview Middle School, Public District Grades 5-7
  • Hilltop Primary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: West on Shoreline Drive (15). Right on Fairview, then Right on Edgewater.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $622/SqFt

Tax Information:

  • Annual Amount: $9,519
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mound, MN.

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Mound, MN

City

Med. Sold Price

$422.5K

Med. Price/SqFt

$232

Avg. Days On Market

37

# of Sold Homes

21

5020 Edgewater Dr vs Mound

14 DAYS ON ROCKET

-23 Days

$1,495,000

+$1.0M More

$622/SqFt

+$389 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $389/SqFt more than other homes in Mound, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6533252

Listing Office:

  • Office Name: Compass

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Property Sales & Tax

Listing History

May 18, 2017Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,519$752,000
2019$7,815$596,000
2018$7,917$596,000
2017$8,617$611,000

History based on county public records data.

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$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6207309
9
/10

  • Hilltop Primary School

  • 5700 Game Farm Rd E

  • 1.24 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6207310
8
/10

  • Grandview Middle School

  • 1881 Commerce Blvd

  • 0.92 miles

  • Public District Grades 5-7

High School

school-card-donut-6207311
9
/10

  • Mound Westonka High School

  • 5905 Sunnyfield Rd E

  • 1.50 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,711. Typical income of Mound, MN residents is between $100k-200k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5020 Edgewater Dr

What is the listing price of this property?

The listing price of 5020 Edgewater Dr property is $1,495,000.

What type of property is this?

The property 5020 Edgewater Dr is a house located in Mound, Minnesota, 55364.

Is this property for sale now?

Active Listing: 5020 Edgewater Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5020 Edgewater Dr are:
Hilltop Primary School: GreatSchools Rating 9/10
Grandview Middle School: GreatSchools Rating 8/10
Mound Westonka High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,519 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 18, 2017 for $600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5020 Edgewater Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5020 Edgewater Dr is 2,405 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5020 Edgewater Dr is 1992.

Rocket Homes›Minnesota›Hennepin County›Mound›55364›5020 Edgewater Dr

This home is located at 5020 Edgewater Dr in Mound, MN and zip code 55364 in the Harrison Bay neighborhood. This 2,405 square foot home was built in 1992. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,495,000.

In April 2024 more than 7 listings in Mound, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in Mound, MN between March 2024 and April 2024 increased by 26.5%. In April 2024 median list price was $422,500 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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