Section Image

Lake Cornelia

Lake Cornelia

Neighborhood in Edina, Minnesota

Hennepin County 55435

$832,178 Average Value
$294 Average Price per Sq Ft
3 Homes For Sale

Situated in central Edina, Lake Cornelia is sandwiched between a tranquil 58-acre lake and multiple upscale shopping centers. ”It’s got great proximity to France Avenue, where the Galleria and Southdale Mall are. They’re trendy, high-end destinations for shopping and restaurants,” says Greg Anderson, a broker at RE/MAX Advisors West with over 30 years of experience in the greater Minneapolis area. However, residents of Lake Cornelia can still get away from all the buzz. With parks within walking distance and homes on wooded lots, the neighborhood feels less like it’s on the cusp of a bustling retail area and more like a tucked-away lakeside glade.

Tall oaks stretch out over the wide, sloping streets, providing shade to large lawns and established homes. “Most of the houses here were built in the mid-century. There are a lot of longtime residents since it’s an area people really want to be in,” Anderson says. “You have families who’ve lived in their homes for decades and newer people who are coming in and buying remodeled houses.” A range of styles and sizes cater to different budgets, from ranch-style to split-level houses with three to six bedrooms. A 1,000-square-foot home could be listed at $420,000, but a renovated home with twice the square footage may sell for just over $1 million. The median house in Lake Cornelia costs around $815,000 and has 5 bedrooms.

Lake Cornelia, like the rest of Edina, is sought-after by families looking to send their kids to schools in the highly-rated Edina Public School District. Cornelia Elementary scores an A from Niche and is home to the Cornelia School Park, which features sports facilities and a hill popular for wintertime sledding. It’s just south of the neighborhood, so you can walk your little ones to school in the morning. South View Middle is also rated an A, and Edina High is rated an A-plus by Niche and has a student-teacher ratio of 20:1.

Rosland Park is within walking distance of many homes. Curving around Lake Cornelia’s wetlands, the park spans a scenic 22 aces of trails and lakeside boardwalks, where you can look for herons wading in the reeds or turtles sunbathing on a log. Kids can climb and slide on the park’s accessible playground, and friends can challenge each to a game other on the 9-hole disc golf course. During summer, you can cool off at the pool and pirate-themed waterpark in Rosland’s Edina Aquatic Center for a daily admission fee of $13. For indoor fun, the park’s Edina Art Center offers classes and workshops for youth and adults on topics ranging from oil painting to printmaking.

Local restaurants and regional chains stretch up and down France Avenue and within the nearby shopping centers just east of Lake Cornelia. If you have trouble deciding what to eat, try the Tavern on France, a restaurant with a chill vibe and a lengthy menu. Thanks to the fire pit, you can enjoy their outdoor patio even on chilly nights. Residents can also wake up in the morning with comforting breakfast classics from the Original Pancake House, known for its quaint, friendly atmosphere and extra-crispy hash browns.

With the Galleria and Southdale malls along France Avenue, you won't run out of shopping either. Head to the Galleria for a sleek, modern shopping center with upscale brand names in fashion and home products. Southdale Center also has a broader wealth of options, from department stores to specialty retailers. And for everyday needs, there’s a Target south of the Galleria where residents can grab groceries just 5 minutes from home.

With access to major state roads, you can get from Lake Cornelia to central Minneapolis in 15 minutes, whether for work or fun. If your travels take you further than the Twin Cities, you’re also only 10 miles from the Minneapolis-Saint Paul International Airport.

Elliot Schorr
Written By
Elliot Schorr
Brandon Rowell
Photography Contributed By
Brandon Rowell
Samantha Houtchens
Video By
Samantha Houtchens

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this neighborhood? Reach out to Pete Ice, an experienced agent in this area.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

16 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Lake Cornelia US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 2 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$827,500
Median Single Family Price
$849,000
Average Price Per Sq Ft
$294
Number of Homes for Sale
3
Last 12 months Home Sales
26
Months of Supply
1.40
Median List Price
$849,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
15%

Home Facts

Number of Homes in Neighborhood
600
Median Year Built
1957
Avg. Single Family Home Size Sq Ft
2,337
Above the national average
1,935
Median Lot Size Sq Ft
13,068

Open Houses

  • Saturday, Apr 26
    2 - 3:30pm

    4713 Upper Terrace, Edina, MN 55435

    $999,900

    • 4 Beds
    • 3.5 Baths
    • 3,403 Sq Ft
    • 4713 Upper Terrace
    • New 2 days ago

    Don’t miss this fabulous Edina Two Story! Complete kitchen remodel boasts center island & breakfast bar, walk-in pantry and high-end appliances. Spacious, light filled main floor family room includes vaulted ceilings, built-ins and fireplace. Formal living and dining room with crown molding plus a main floor office. Amusement room in lower level, bath and an abundance of storage. Bonus room

    Anne Shaeffer Lakes Sotheby's International Realty

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this neighborhood? Reach out to Pete Ice, an experienced agent in this area.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,418
Median Age
48
Population Density
4 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
26%
Above the national average
19.1%

Finances

Median Household Income
$168,951
Significantly above the national average
$71,702
Average Household Income
$192,730

Education and Workforce

High School Graduates
99.7%
College Graduates
82%
Significantly above the national average
34.1%
Advanced Degrees
46.7%
Significantly above the national average
13.3%
% Population in Labor Force
66%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
6°F
Average Summer High Temperature
81°F
Annual Snowfall
60''

Area Factors

Somewhat Bikeable

Bike Score®

39 / 100

Car-Dependent

Walk Score®

23 / 100

Some Transit

Transit Score®

31 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

Are you familiar with the Lake Cornelia neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Cornelia