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!
Closed
$650,000
1944 Cedar Lake Pkwy, Minneapolis, MN 55416
3beds
2,289sqft
Single Family Residence
Built in 1911
6,969 Square Feet Lot
$764,700 Zestimate®
$284/sqft
$3,929 Estimated rent
Home value
$764,700
$650,000 - $887,000
$3,929/mo
Zestimate® history
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$4,166/mo
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Detached two-car garagePremier lot
Zillow last checked:
Listing updated:
Listed by:
Jennifer D Lundquist 612-483-0350,
Edina Realty, Inc.,
Jason David Lundquist 763-222-6095
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6701098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Upper
- Area: 341 Square Feet
- Dimensions: 31x11
Bedroom 3
- Level: Lower
- Area: 108 Square Feet
- Dimensions: 12x9
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Lower
- Area: 264 Square Feet
- Dimensions: 22x12
Living room
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Block,Daylight,Partially Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,289
- Total interior livable area: 2,289 sqft
- Finished area above ground: 1,489
- Finished area below ground: 800
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20x20)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Porch
- Pool features: None
- Has view: Yes
- View description: East, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 6,969 Square Feet
- Dimensions: 148 x 50 x 146 x 45
Details
- Foundation area: 1148
- Parcel number: 2902924330011
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mcnair Park
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $840,100
- Annual tax amount: $12,719
- Date on market: 4/10/2025
- Cumulative days on market: 273 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $650,000-17.7%$284/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6701098 Report a problem | ||
| 8/15/2025 | Pending sale | $790,000$345/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701098 Report a problem | ||
| 7/11/2025 | Price change | $790,000-9.7%$345/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701098 Report a problem | ||
| 6/6/2025 | Price change | $875,000-5.4%$382/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701098 Report a problem | ||
| 4/10/2025 | Listed for sale | $925,000-2.5%$404/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701098 Report a problem | ||
| 4/10/2025 | Listing removed | $949,000$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6630528 Report a problem | ||
| 1/16/2025 | Price change | $949,000-2.7%$415/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6630528 Report a problem | ||
| 11/15/2024 | Listed for sale | $975,000-2.5%$426/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6630528 Report a problem | ||
| 4/8/2022 | Sold | $1,000,000-13%$437/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6138883 Report a problem | ||
| 2/11/2022 | Pending sale | $1,150,000$502/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6138883 Report a problem | ||
| 1/14/2022 | Listed for sale | $1,150,000$502/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6138883 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,720 +7.8% | $840,100 +6.1% |
| 2024 | $11,798 +3% | $792,000 -4.7% |
| 2023 | $11,458 -2.1% | $831,000 +3.4% |
| 2022 | $11,702 +9.6% | $804,000 +2.9% |
| 2021 | $10,678 -5.5% | $781,000 +5% |
| 2020 | $11,302 +5.8% | $743,500 +2% |
| 2019 | $10,678 -5.5% | $729,000 |
| 2018 | $11,302 +4.2% | $729,000 +13.7% |
| 2017 | $10,843 +4.9% | $641,000 +4.1% |
| 2016 | $10,339 +1.6% | $615,500 |
| 2015 | $10,172 -4.6% | $615,500 +13.6% |
| 2014 | $10,667 +3.9% | $542,000 -3% |
| 2013 | $10,265 -0.9% | $559,000 -3% |
| 2012 | $10,362 +1.1% | $576,200 -3% |
| 2011 | $10,245 +7.8% | $594,000 -5% |
| 2010 | $9,504 -1.1% | $625,000 |
| 2009 | $9,607 +59.2% | $625,000 +46.3% |
| 2006 | $6,034 +10.1% | $427,300 +15% |
| 2005 | $5,482 +8.5% | $371,600 +15% |
| 2004 | $5,053 +11.2% | $323,200 +12% |
| 2002 | $4,542 -57.5% | $288,600 |
| 2001 | $10,686 | -- |
Find assessor info on the county website
Neighborhood: Bryn Mawr
Nearby homes
- $1,153,1001 bd3 ba1.2k sqft1936 Cedar Lake Pkwy, Minneapolis, MN 55416Off Market
- $1,552,8003 bd4 ba4.3k sqft1946 Cedar Lake Pkwy, Minneapolis, MN 55416Off Market
- $1,086,2003 bd3 ba2.3k sqft1932 Cedar Lake Pkwy, Minneapolis, MN 55416Off Market
- $810,0003 bd2 ba3.1k sqft1948 Cedar Lake Pkwy, Minneapolis, MN 55416Sold
- $1,410,8005 bd5 ba5.5k sqft1928 Cedar Lake Pkwy, Minneapolis, MN 55416Off Market
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- $604,8002 bd2 ba3.9k sqft1933 Drew Ave S, Minneapolis, MN 55416Off Market
- $955,8003 bd3 ba4k sqft1925 Drew Ave S, Minneapolis, MN 55416Off Market
Nearby schools
GreatSchools rating
- 2/10Bryn Mawr Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 1/10Anwatin Middle Com & Spanish D IGrades: 6-8Distance: 0.8 mi
- 3/10North Academy Senior HighGrades: 9-12Distance: 2.4 mi
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Estimated market value
$764,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$764,700
- Minnesota
- Hennepin County
- Minneapolis
- 55416
- Bryn Mawr
- 1944 Cedar Lake Pkwy
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