2 months on rocket

8 Merilane, Edina, MN, 55436

$18,500,000

7 Bedrooms
3 Full Baths, 1 Partial
6,088 SqFt
$3,039/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener
Attached Garage4 spaces
Year Built1931
HeatingSteam, Forced Air
CoolingCentral Air
BasementYes
WaterfrontPond
FireplaceAmusement Room, Fireplace Footings, Living Room, Primary Bedroom, Wood Burning
MLS #6606032
StatusActive

About 8 Merilane

“Treasure Hills”, one of the last Twin Cities true country estates spanning an impressive 15.6 acres in Edina‘s distinctive Rolling Green neighborhood. This expansive estate offers limitless potential for discerning buyers. Whether you envision remodeling the stately 1931 original home or starting fresh with a custom-built masterpiece, this property provides the perfect canvas for your dream residence. The sprawling grounds are ideal for those looking to create a private oasis, with generous space for outdoor amenities, gardens, or recreational areas. Alternatively, consider the potential to subdivide and develop into potentially 2-5 or 6 slighter building sites taking advantage of the prime location of a first ring suburb and proximity to top-rated schools, parks, Interlachen Country Club and local amenities. The home is built of stone and uncompromised materials. Features include grand formal spaces, a primary suite with a sitting room and fireplace +6 additional bedrooms and 4 more baths up including a caretaker’s apartment over the four-car garage. Huge walkout family room with third fireplace. This is not just a property; it’s a lifestyle waiting to be tailored to your unique vision. Don’t miss your chance to secure a slice of luxury in one of Edina's most sought-after areas. Explore the possibilities! It is requested that you do not walk the property without an appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 6,088 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Amusement Room, Fireplace Footings, Living Room, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Pond

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Irregular Lot, Many Trees

Utilities

Utilities Information:

  • Heating: Steam, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Interlachen Blvd to Merilane, north to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,500,000
  • Price Per SqFt: $3,039/SqFt
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Housing Market Comparison

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

Med. Sold Price

$618.1K

Med. Price/SqFt

$256

Avg. Days On Market

32

# of Sold Homes

47

8 Merilane vs Edina

64 DAYS ON ROCKET

+32 Days

$18,500,000

+$17.8M More

$3,039/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $17.8M more than the Median Sold Price and $2.7K/SqFt more than other homes in Edina, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6606032

Listing Office:

  • Office Name: Edina Realty, Inc.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$92.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$55.5K

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NMLS#3030

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.

Nearby Schools

school-card-donut-4381054
7
/10
  • Highlands Elementary School

  • 5505 Doncaster Way

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-4381055
8
/10
  • Countryside Elementary School

  • 5701 Benton Ave

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-4381056
7
/10
  • Susan Lindgren Elementary School

  • 4801 W 41st St

  • 1.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,673. Most Edina, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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 8 Merilane

What is the listing price of this property?

The listing price of 8 Merilane property is $18,500,000.

What type of property is this?

The property 8 Merilane is a house located in Edina, Minnesota, 55436.

Is this property for sale now?

Active Listing: 8 Merilane is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8 Merilane has 7 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8 Merilane is 6,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Merilane is 1931.
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Rocket HomesMinnesotaHennepin CountyEdina554368 Merilane

This home is located at 8 Merilane in Edina, MN and zip code 55436 in the Rolling Green neighborhood. This 6,088 square foot home was built in 1931. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $18,500,000.

In November 2024, from all listings sold in Edina, MN there were more than 9 sold above asking price, over 30 sold below and more than 8 were sold right at the asked price. In November 2024 in Edina, MN there were 7.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $618,139.

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

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