$949,000

1944 Cedar Lake Pkwy Minneapolis, MN 55416

$10,000
Closing credit¹
3 beds
1 full
2,289 sqft
$415 / sqft
House

Property details

About 1944 Cedar Lake Pkwy

A FANTASTIC TEAR-DOWN OPPORTUNITY with breathtaking views of Cedar Lake and the Minneapolis skyline! Situated on prestigious Cedar Lake Parkway and facing east, this premier lot offers unparalleled potential. The City of Minneapolis has reviewed a proposal for a modern triplex as part of their preliminary approval process, making this an incredible opportunity to build your dream home or a high-value investment property. Nestled in one of Minneapolis' most desirable neighborhoods, this lot combines tranquil natural surroundings with urban convenience, just minutes from downtown. The property currently includes a home and a detached two-car garage with additional parking, offering flexibility as you plan your build. With direct access to walking and biking trails and the serene beauty of Cedar Lake steps away, this is your chance to create a truly unique and stunning property. Don’t miss this rare opportunity in a highly sought-after location!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,289 sqft
BasementYes
Year built1911
ParkingDetached, Asphalt, Garage Door Opener
MLS #6630528
Garage2 spaces
WaterfrontLake
FireplaceWood Burning
ViewOther

Summary

  • MLS Number: 6630528
  • MLS Name: NORTHSTAR
  • Office Name: Edina Realty, Inc.

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Last updated on: 3/12/2025, 4:22:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$949,000

1944 Cedar Lake Pkwy

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 13, 2022
Home Sold
$1,000,000

Tax history

YearAssessmentProperty Tax
2023$831,000$11,798
2022$804,000$11,458
2021$781,000$11,701
2020$743,500$10,678
2019$729,000$11,302
2018$729,000$11,626
2017$681,500$10,842

History based on county public records data.

Nearby schools

1

Bryn Mawr Community School

Public District PK-5

0.8 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.

All data from GreatSchools

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. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

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 TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1944 Cedar Lake Pkwy

This home is located at 1944 Cedar Lake Pkwy in Minneapolis, MN and zip code 55416 in the Calhoun-Isles neighborhood. This 2,289 square foot home was built in 1911. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $949,000.

Minneapolis, MN housing market in February 2025 saw over 190 listings sold above listed price, more than 131 sold at listed price and over 253 sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. While the average time on the market in February 2025 was 48 days, the median list price was $350,609.

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

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