2 months on rocket

8X Merilane, Edina, MN, 55436

$18,500,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontPond
MLS #6612868
StatusActive

About 8X 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 with 550’ of street frontage and 719’ on the east side of the property that abuts beautiful wetlands for additional privacy. Whether you envision remodeling the stately 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. 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

Listing Office:

  • Office Name: Edina Realty, Inc.

Exterior Features

Exterior Information:

  • Waterfront: Pond

Lot Features

Lot Information:

  • Lot: Irregular Lot, Many Trees

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,500,000
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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

8X Merilane vs Edina

64 DAYS ON ROCKET

+32 Days

$18,500,000

+$17.8M More

KEY TAKEAWAY

This property is $17.8M more than the Median Sold Price in Edina, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6612868

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

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Payment Calculator

$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-4390486
7
/10
  • Highlands Elementary School

  • 5505 Doncaster Way

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-4390487
8
/10
  • Countryside Elementary School

  • 5701 Benton Ave

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-4390488
9
/10
  • Normandale Elementary School

  • 5701 Normandale Rd Ste 1

  • 1.36 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. Typical income of Edina, MN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8X Merilane

What is the listing price of this property?

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

What type of property is this?

The property 8X Merilane is land located in Edina, Minnesota, 55436.

Is this property for sale now?

Active Listing: 8X Merilane is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaHennepin CountyEdina554368X Merilane

This home is located at 8X Merilane in Edina, MN and zip code 55436 in the Rolling Green neighborhood. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $18,500,000.

Over 9 listings were sold over their listed price in November 2024 in Edina, MN. In the same period over 30 listings were sold below the listed price and 8 listings were sold for the listed price. In November 2024 in Edina, MN there were 7.8% less homes for sale than in October 2024. In November 2024 median list price was $618,139 and the average listing age was 32 days.

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

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