RealtyLens
for saleRealtyLens property overview
$890,000

2024 Cedar Lake Pkwy

Minneapolis, MN, 55416
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3Beds
1Baths
1,263Sqft
$705$/sqft

Listing Notes

Welcome to a private enclave with breathtaking sunrise views over scenic Cedar Lake. Perfectly positioned for effortless one-level living, this home captures sweeping lake views and Minneapolis skyline views off in distance. Hardwood floors, two fireplaces, a vaulted screened porch, and an attached two-car garage provide a solid foundation for transformation. The unfinished lower level offers exceptional expansion potential. Set above coveted Cedar Lake and Lake Point Park, youre just moments from the swimming beach while enjoying a rare sense of seclusion. Just steps from Lake Point Park and the swimming beach this property offers a rare chance to create your ideal lakeside lifestylewhether through thoughtful renovation or a brand-new vision. Ideal for investors or builders seeking a premier lot with significant upside. Lake side screened porch, three main-level bedrooms and endless possibilitieswhether to enjoy as-is, renovate, or build newthis is a truly unique opportunity at 2024 Cedar Lake Parkway.

Market Insights

Above nearby median+94%

$705/sqft vs a nearby median of $363/sqft.

Nearby median$363/sqft
Nearby properties7
Property size1,263 sqft
  • +94% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,263 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$451k$410k$492k · 50% confidence
vs ask $890k+$439k (+49.3%)

Asking price is about 49.3% above where comps + adjustments land — there is room to negotiate.

$363/sqft median across 7 tight comps × 1,263 sqft= $458k
  • Sparse street life−$7k −1.5%
Cumulative NYC adjustments−$7k−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+94% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
29 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$890,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.