Real Estate Guide: Welcome Home to Lakeview Drive

lakeview drive

Located in the Golf Terrace Heights neighborhood, Lakeview Drive is home to some of the most luxurious properties in the greater Minneapolis-St. Paul area. Nestled between Edina Country Club and Lake Harvey, residents here enjoy access to plenty of recreational activity, retail options and some of the best schools in the state.

For those looking to lead a life of luxury, take a look at what the real estate on Lakeview Drive will offer you and your family!

Real Estate Information

This neighborhood features tree-lined streets, stately homes and larger lots. Like many neighborhoods in Edina, Golf Terrace Heights has a long history of housing development.

Background

Named after its largest subdivision, Golf Terrace Heights is an affluent neighborhood located in northeastern Edina. As the name suggests, the Golf Terrace Heights Neighborhood of Edina runs along the Edina Country Club & Golf Course, just a short walk to both Minnehaha Creek and 50th & France.

The first homes erected in the area were built before World War II, between the years 1937-1941. Because of a shortage of building supplies, new home construction came to a halt during the war, picking up again on the shores of Lake Harvey in 1947.

By the early ‘50s, there was a house constructed on almost every lot on Lake Harvey, expanding further south in the neighborhood by the mid ‘50s. The main reason so many families wanted to move to the Golf Terrace Heights neighborhood was to be close to the newly constructed Edina High School, which opened its doors in 1949.

The housing stock in this neighborhood is made up of homes built primarily in the late 1930’s through the 1960’s, although many newer buyers have been choosing to tear down and rebuild on some properties in the area. Because of its great location to schools, the golf course and the lake, the neighborhood has continued to be a prime choice for those looking for luxury homes in Edina.

Quick Look at Golf Terrace Heights:

The Golf Terrace Heights neighborhood is bounded on the North by 50th Street, on the East by Wooddale Avenue, on the South by 58th Street and Southview Lane, and on the West by Highway 100.

  • Population: 1,017 residents
  • Average resident age: 45 years old
  • Percentage of residents that are homeowners: 96 percent

Home Values near Lakeview Drive

Overall, home values are on the rise in the Golf Terrace Heights neighborhood. Zillow predicts 55424 home values will increase 3.4 percent next year, compared to a 3.1 percent rise for Edina as a whole.

Nearby Schools in Edina

The school system in Edina is consistently ranked among the top in the nation. Each of the schools located within the Edina school zone received a score of 10/10 based on a comparison of all the schools in the state of MN. The following schools are located in Edina:

  • Concord Elementary
  • South View Middle School
  • Edina Senior High School

Accessibility

While a car is recommended to get around, there’s plenty of access to the essentials when you live on Lakeview Drive in Edina. You’re in walking distance to Concord Elementary, Our Lady of Grace School, Edina Community Center and Southview Middle School, so kids can make their way to school with ease. And with quick access to Highway 100, you can reach downtown Minneapolis in only 10 minutes.

Crime Rate

The city of Edina scored an “A+” crime rating, with an overall crime rate that’s 32 percent lower than the national average. For every 100,000 people, there are 5.36 daily crimes that occur in Edina, making it safer than 73 percent of the cities in the entire country. Here, you have a one in 52 chance of becoming a victim of any crime.

Employment Information

Edina sees a higher income per capita ($61,000) than both the state of Minnesota (31,000) and the country as a whole ($28,000), making it a whopping 115 percent higher than the national average. The median household income in Edina is also 63 percent higher than the national average, at $87,000. The unemployment rate is low here, sitting at just 3.2 percent, 46 percent lower than the national average (5.8).

Weather

While Minnesota is known for its chilly winters, the spring, summer and fall bring moderate temperatures and gorgeous weather. The lowest monthly average temperature in Edina is 17 degrees in January – cold, but not unbearable – while the highest monthly average temperature is a perfect 76 degrees in July. But, regardless of weather, Minnesotans enjoy outdoor activities year-round.  

Things To Do Near Lakeview Drive

As one of the most popular suburbs, there’s never a shortage of things to do in Edina. Take a look at some of the benefits you’ll gain from living on Lakeview Drive.

Become a Member of Edina Country Club, featuring the Largest Golf Course in the City

If you decide to purchase a home on Lakeview Drive, you’ll be within walking distance of Edina Country Club, the largest parcel of privately owned land in the city. The golf course measures just over 123 acres, offering a world-class golfing experience to country club members.

Edina Country Club’s golf course is known as one of the finest in the state and was recently redesigned by the team of 1996 British Open winner and former No. 1-ranked player in the world Tom Lehman and partner Chris Brands. The Club’s living room and four dining venues are a great place to gather with friends and family for a wonderful meal and a glass of wine, while the pool offers a relaxing spot for families to enjoy a day swimming and sunbathing.

Beauty and Recreation at Lake Harvey

Besides Edina Country Club, the other main attraction for residents of Lakeview Drive is Lake Harvey. Just a short walk away, the seven-acre lake offers stunning scenery and light recreational activities like ice skating.

Shopping and Entertainment at 50th and France

The area of W 50th St. and France Ave S. is home to some of the best shopping, dining and entertainment opportunities in the entire Twin Cities. With more than 175 retailers, you’ll find something for just about everyone. Retailers include:

  • Apparel for men, women, children (and even pets!)
  • Jewelers and many specialty gift boutique stores
  • Spas and salons to pamper yourself at
  • See an independent film at an art-house movie theatre
  • Enjoy a diverse selection of restaurants to wine and dine at, ranging from casual to contemporary and fine dining
  • Enjoy treats from one of the many bakeries, café’s and treat shoppes.
  • And plenty of complimentary parking too!

The perfect place for a shopping day, mini getaway or date night, this area is one of the most vibrant in the neighborhood.

Minnehaha Creek

A 22-mile long tributary of the Mississippi River, Minnehaha Creek offers gorgeous recreational opportunities for those living on Lakeview Drive. Just a short distance outside of Edina, residents can enjoy endless miles of bike and walking paths along the creekside.

The creek is also home to the urban waterfall known as Minnehaha Falls, one of the most heavily visited sites in the Cities. Here, visitors can enjoy touring the falls throughout each season and enjoy lunch on the patio at the nearby restaurant, Sea Salt Eatery.

Enjoy the Lakes in Southwest Minneapolis

The popular lakes in Southwest Minneapolis, including Lakes Harriet and Calhoun, are approximately three miles from Lakeview Drive and offer some of the best lake-side recreational activities in the Twin Cities. Enjoy your day on one of the many beaches, swimming, snorkeling and sunbathing, or rent a paddleboard, kayak or canoe and adventure out onto the lakes. The Lake Harriet Bandshell also offers events throughout the warm months, including weekly concerts, speakers, performances and more.

Best of Luck with Your Home Shopping on Lakeview Drive!

For those looking to lead the life of luxury, the real estate on Lakeview Drive in Edina will give you what you’ve been searching for. Tucked away between the Edina Country Club and Lake Harvey lies some of the most coveted, affluent properties in the state of Minnesota. Whether you’re searching for a great school system to raise kids in, endless shopping and retail opportunities or plenty of recreational access, the properties on Lakeview Drive in Golf Terrace Heights are sure to impress!

Contact A.D. Hays Group For All Your Real Estate Needs in Edina!

When you’re dealing with luxury properties and large amounts of money, you need an expert team of real estate professionals on your side to ensure the process goes smoothly. At A.D. Hays Group, we provide you with the experience you need to get the best deal possible. With over 30 years of buying and selling real estate in the neighborhood of Golf Terrace, we have a lengthy reputation placing our clients in their dream homes. If you’re looking for high-end realty services, turn to our team of experts – we’re here to meet all of your real estate needs.

We’re fully committed to providing each and every one of our clients with the best real estate services in Edina. Ready to get started? Get in touch today!

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