Tour
$10,000 Closing Credit¹
#6687295, Listing office: RE/MAX Results
$989,000 List price
1241 Cedar Lake Rd S Minneapolis, MN 55416
$10,000
Closing credit¹
4 beds
3 full, 2 partial
4,160 sqft
$238 / sqft
House
Property details
About 1241 Cedar Lake Rd S
Welcome to 1241 Cedar Lake Road, a stunning home perfectly situated between serene Brownie Lake and beautiful Cedar Lake in the sought after Bryn Mawr neighborhood. Offering the ideal balance of natural beauty and urban convenience, this residence provides direct access to scenic bike trails, lush parks, and the peaceful retreat of Theodor Wirth Park, all while being just minutes from downtown, the vibrant West End shops, and major freeway connections. Step inside to a thoughtfully designed open concept main floor that seamlessly blends comfort and sophistication. The spacious living area, complete with a cozy gas fireplace, flows effortlessly into a gourmet kitchen featuring a large island, ideal or entertaining. Rich hardwood floors run throughout, leading to a three season screened porch with a wood burning fireplace, a perfect year round haven. Upstairs, you’ll find two bedrooms with a shared bath and convenient second floor laundry. The primary suite is a true retreat, boasting a walk in closet and a luxurious ensuite bath with a soaking tub and dual showers. The third floor expands your living space with a large bonus room, a full bath, and a fourth bedroom, offering flexibility for guests, a home office, play room or media room. The lower level provides a quiet escape with built in cabinetry, a half bath, a temperature controlled wine cellar, mudroom, and direct garage access. Enjoy outdoor living in your fully fenced, private backyard complete with irrigation system, perfect for summer gatherings or peaceful relaxation. Don’t miss this opportunity to own a home that blends timeless design, luxury finishes, and an unbeatable location.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size4,160 sqft
BasementYes
Year built2006
ParkingTuckunder Garage
MLS #6730475
Garage2 spaces
FireplaceGas, Living Room, Wood Burning
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler
- Basement: Yes
- Fireplace: Gas, Living Room, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Parking: Tuckunder Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $989,000
- Price/SqFt: $237
- HOA Amount: $0
- Annual Tax Amount: $16,570
- Tax Year: 2023
- Lot: Few Trees
- Directions: Wayzata Blvd to Xerxes. South on Xerxes, West on Cedar Lake Road. House is on the left at the end of the block.
- Year Built: 2006
- Living Area: 4,160 SqFt
- MLS Number: 6730475
- MLS Name: NORTHSTAR
- Office Name: Keller Williams Realty Integrity Lakes
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$989,000
1241 Cedar Lake Rd S
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 15, 2007 | Home Sold | $1,095,000 |
| Nov 09, 2004 | Home Sold | $343,000 |
| Apr 15, 1999 | Home Sold | $145,000 |
| Apr 17, 1998 | Home Sold | $145,838 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,130,000 | $16,570 |
| 2022 | $1,060,000 | $15,574 |
| 2021 | $1,043,000 | $16,151 |
| 2020 | $1,017,500 | $15,159 |
| 2019 | $1,017,500 | $16,404 |
| 2018 | $1,017,500 | $16,865 |
| 2017 | $933,500 | $15,464 |
History based on county public records data.
Nearby schools
1
Bryn Mawr Community School
Public District PK-5
0.4 mi
•252 Upton Ave S
4
Kenwood Community School
Public District KG-5
0.8 mi
•2013 Penn Ave S
6
Meadowbrook Elementary
Public District KG-6
1.6 mi
•5430 Glenwood Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $119,531. Typical income of Minneapolis, MN residents is between $100k-200k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
29%
35k-100k
37%
100k-200k
20%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
48%
Single, No Kids
3%
Single, with Kids
32%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
12%
18-34 yrs old
53%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom
Chico's
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Starbucks
What do the neighbors drive?
Lexus
BMW
Cadillac
What do the neighbors listen to?
News
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1241 Cedar Lake Rd S
The listing price of 1241 Cedar Lake Rd S property is $989,000.
The property 1241 Cedar Lake Rd S is a house located in Minneapolis, Minnesota, 55416.
Active Listing: 1241 Cedar Lake Rd S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1241 Cedar Lake Rd S are: Bryn Mawr Community School (GreatSchools Rating 1/10), Kenwood Community School (GreatSchools Rating 4/10), Meadowbrook Elementary (GreatSchools Rating 6/10), Anwatin Community Middle School (GreatSchools Rating 1/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Jefferson Elementary School (GreatSchools Rating 1/10), Downtown Campus (GreatSchools Rating 1/10), North High School (GreatSchools Rating 3/10), Metro Schools Charter (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $16,570 (source: MLS/based on county public records data).
The last sale was on August 15, 2007 for $1,095,000 (source: MLS/tax record).
The property at 1241 Cedar Lake Rd S has 4 bedrooms and 3 full and 2 half bathrooms.
The property 1241 Cedar Lake Rd S is 4,160 SqFt (source: MLS/tax record).
The year of construction for 1241 Cedar Lake Rd S is 2006.
This home is located at 1241 Cedar Lake Rd S in Minneapolis, MN and zip code 55416 in the Calhoun-Isles neighborhood. This 4,160 square foot home was built in 2006. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $989,000.
While more than 641 listings in Minneapolis, MN in May 2025 were sold above asking price, there were more than 220 listings sold at asking price, and more than 368 were sold below. In May 2025 in Minneapolis, MN there were 16.4% more homes for sale than in April. In May 2025 median list price was $355,510 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.