RealtyLens
for saleRealtyLens property overview
$1,095,000

3940 Richfield Rd

Minneapolis, MN, 55410
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3Beds
2.75Baths
2,873Sqft
$381$/sqft

Listing Notes

Open houses on Saturday & Sunday have been cancelled. Property is under contract. Terrific A+ location in popular Linden Hills! Walk only 2 blks to Lake Harriet, Lake Bde Maka Ska, and Linden Hills' quaint restaurants & retail! Property is truly in turn-key condition. Thoughtfully & tastefully updated and maintained immaculately by Sellers inside & out. Vintage design details have been preserved & enhanced in keeping with the 1912 era & modern conveniences blend seamlessly with the vintage decor. The beautifully renovated & expanded kitchen and 4 baths all feel timeless due to vintage details. IE: Gorgeous tile in main bath echoes original tile in foyer. Handsome vintage light fixtures added to flrs 1 and 2 are authentic & made of real brass. The main floor features a lovely living/family room, anchored by a wood burning fireplace and enormous windows overlooking a forested park. Divided light French doors lead into one of two original sunrooms which has been repurposed as an office/den. The upper floor features 3 bdrms and 2 baths, and a 2nd sunroom/den. Sellers created an opening between the Primary Bdrm & adjacent Bdrm 3 to use Bdrm 3 as a dressing room plus convenient access to Bedrm 3's en suite bath. If desired, Buyer can close the opening by installing a small wall which will also add add'l closet space to one of the two bdrms. Bdrm 3 is currently non-conforming since it connects via an opening to the primary bdrm. The room can be repurposed as a nursery, office-den, guest bedroom, or sleeping room for homeowner. Dont miss the beautiful tile medallion in the floor of shower in main 3/4 bath, and the serenity of the full en suite bath in Bed 2. Both Bdrm 1 & 2 connect to a 4-season sunroom/den which was the original sleeping porch. Either door can be removed and the opening sheetrock-closed if homeowner desires only one room to have access to the room. If desired, this room could be repurposed as a nursery, office, playroom.or possibly become a dressing room or new private bath ensuite for the primary bedroom. The lower level is fully finished & features a family room with abundant custom storage cabinetry, a large finished laundry room with add'l deep custom storage, a bonus room for exercise or hobbies, and a utility room with even more storage. Be sure to visit the peaceful backyard with a lovely brick patio & walkways, established perennials, and access to the detached 2-car garage. Bonus feature: The in-ground irrigation system includes water lines to the street-facing window boxes. The property shares the driveway which provides access to the Buyers' 2-stall detached garage. There is a legal easement. Additional parking is allowed on both sides of Richfield Road (one-way).

Market Insights

Above nearby median+10%

$381/sqft vs a nearby median of $345/sqft.

Nearby median$345/sqft
Nearby properties6
Property size2,873 sqft
  • +10% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,873 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.02M$925k$1.11M · 50% confidence
vs ask $1.09M+$79k (+7.2%)

Asking price is about 7.2% above where comps + adjustments land — there is room to negotiate.

$345/sqft median across 6 tight comps × 2,873 sqft= $991k
  • Pre-war character+$25k +2.5%
Cumulative NYC adjustments+$25k+2.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+10% 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 Read1 item to check
AI ReadinessReady to analyze
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Listing Details

Days on market
9 days
Last price change
No change recorded
Listed
May 3, 2026
Photos
48 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$1,095,000for 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.