Centennial Lakes
Lakefront condos and multi-family townhouses
Turning off the busy throughways in Centennial Lakes, you’ll find the area populated by bustling office complexes and sprawling condo communities. The real estate market in Centennial Lake is attractive to first-time buyers and young professionals, as average home values are lower than those in the Minneapolis Metro Area. Centennial Lakes features a wide selection of housing options, from multi-family condos and townhouses to single-family ramblers and Cape Cods. With a median sales price of $200,000, multi-family options range from the mid $100,000s for a one-bedroom condo to upwards of $2 Million for a townhouse with waterfront views of Centennial Lake. “Condos in Centennial Lakes tend to sell faster than any other community in Edina,” says Kerber, who has been selling in Edina for over 22 years. “Buyers love the flowers and trees and landscaping, along with amenities like free membership to Edinborough Park.” While the area is primarily made up of condos and apartments, single-family options are available east of York Avenue, ranging from the low $300,000s for a two-bedroom Cape Cop to upwards of $800,000 for a three-bedroom rambler.
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Shopping along France Avenue South
Residents can shop along France Avenue South for groceries and everyday essentials at retailers like Whole Foods Market, Lunds & Byerlys and Trader Joe's. Other big-box stores like HomeGoods and Office Depot ensure that residents won’t run out of home furnishings or office supplies. Department stores, like Barnes & Noble, Williams-Sonoma and Pottery Barn, are available 5 minutes to the north at upscale malls like the Galleria and Southdale Center. When dining in the area, locals can head to Ciao Bella for an extensive wine list and authentic Italian cuisine. For a wide selection of tacos and Mexican-American dishes, visit El Camino Gourmet Tacos and enjoy tacos to-go or group options like their signature El Camino Family Feasts. Or check out Pinstripes for a relaxed dining experience, daily bowling and a selection of local beers and craft cocktails.
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Education at Richfield Public Schools
Families in Centennial Lakes are zoned for the Richfield Public School District. Students can attend Sheridan Hills Elementary, Richfield Middle and Richfield High School, which have earned ratings of C-plus, C-plus and B-minus from the educational review site, Niche. Sheridan Hills Elementary School offers the Richfield Fun Club, which provides childcare for families with students in need of before and after-school supervision. Richfield Middle School offers a Talented and Gifted (TAG) program that provides a targeted instructional plan to meet a student’s academic rate and level of learning. Richfield High School offers a rigorous curriculum with AP courses and Dual Enrollment options in partnership with the University of Minnesota. Private options like Ramalynn Academy and Blessed Trinity-Penn Campus are also available.
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Year-round recreation at Centennial Lakes Park
Some residents are within walking distance of Centennial Lakes Park, which acts as the primary gathering spot for neighbors within the community. With over 10 acres of waterfront greenspace to explore, visitors can enjoy various outdoor amenities throughout the year. Residents can stroll along the paved paths connecting to the Edina Promenade – an 80-foot wide greenway that connects the region's various retail, residential and recreational amenities– or spend the day on the water using the pedal boats, or make waves from land with the remote-controlled boats of the Edina Model Yacht Club. Golfers can spend the day on the miniature golf course, offering 18 or 9-hole layout options. In the winter, the lake is maintained for ice-skating under the bridges and through the canals. The park’s Maetzold Amphitheater hosts a summer concert series and outdoor movie nights, so you can bring the whole family and stretch out on the lawn. On rainy days, families can visit Edinborough Park, which features an indoor playground and a selection of colorful slides for kids to enjoy all year. There’s also a pool and an indoor track for adults to use while children burn energy on the jungle gym.
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Live music and movie nights at the Maetzold Amphitheater
Every year, Centennial Lakes Park hosts a variety of weekly events beginning in June, from live music every Monday, Wednesday and Sunday at 7:00 p.m. to family-friendly movie nights on select Fridays throughout the summer. Visitors can enjoy a range of performances, such as rock, blues and jazz. With over 80 summer concerts, residents have more than enough opportunities to jam with neighbors at the Maetzold Amphitheater. The Centennial Lakes Farmers Market is also hosted here on Thursdays from June through October, offering fresh seasonal produce from local farms within the community.
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Nearby healthcare and easy access to I-35W
Residents in Centennial Lakes rely on France Avenue South for easy access to U.S. I-494 to the south and I-35W to the east, making for easy 11-mile commutes into downtown Minneapolis. Those seeking public transportation can grab a seat on the Metro Transit bus. When traveling further outside the community, the Minneapolis-Saint Paul International Airport is 8 miles away. For healthcare, the M Health Fairview Southdale Hospital is less than 2 miles away.Crime
Centennial Lakes received a CAP Index crime score of 4 out of 10, the same as the national average.
Written By
Christian Slater
Video By
Amon Parson
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Agents Specializing in this Area
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Chan Slettehaugh
Chan Slettehaugh
Edina Realty, Inc.
(612) 482-9844
89 Total Sales
1 in Centennial Lakes
$180,000 Price
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Jeff Holmers
Jeff Holmers
Responds QuicklyKeller Williams Premier Realty Lake Minnetonka
(612) 453-1923
381 Total Sales
2 in Centennial Lakes
$230K - $900K Price Range
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Anthony Rodriguez
Anthony Rodriguez
Keller Williams Realty Integrity
(651) 372-8380
111 Total Sales
1 in Centennial Lakes
$230,000 Price
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Jeff Shuman
Jeff Shuman
Responds QuicklyEdina Realty, Inc.
(763) 888-8509
79 Total Sales
1 in Centennial Lakes
$195,000 Price
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James Adams
James Adams
eXp Realty
(833) 437-2974
40 Total Sales
1 in Centennial Lakes
$150,000 Price
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Ryan Platzke
Ryan Platzke
Coldwell Banker Realty
(651) 615-9289
884 Total Sales
2 in Centennial Lakes
$194K - $1.2M Price Range
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
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
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Parks in this Area
Donaldson Park
- Baseball/Softball
- Basketball
- Soccer
Northcrest Park
- Baseball/Softball
- Basketball
- Picnic Area
Centennial Lakes Park
- Boating
- Lake
- Events
Arneson Acres Park
- Botanical Gardens
- Multi-Purpose Field
Adams Hill Park
- Basketball
- Soccer
- Trails
Jefferson Park
- Baseball/Softball
- Basketball
- Picnic Area
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Centennial Lakes | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 4 | 4 |
| Burglary | 5 | 4 |
| Motor Vehicle Theft | 5 | 4 |
| Larceny | 6 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
Centennial Lakes Demographics and Home Trends
On average, homes in Centennial Lakes, Edina sell after 19 days on the market compared to the national average of 70 days. The median sale price for homes in Centennial Lakes, Edina over the last 12 months is $164,275.
Housing Trends
Median List Price
$164,275
Median Sale Price
$164,275
Median Single Family Sale Price
$164,275
Median Change From 1st List Price
0%
Last 12 months Home Sales
2
Average Price Per Sq Ft
$139
Neighborhood Facts
Number of Homes in Neighborhood
574
Number of Homes for Sale
0
Median Year Built
1986
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,412
Significantly below the national average
1,924
Average 2 Bedroom Size Sq Ft
1,025
Average 1 Bedroom Size Sq Ft
719
Median Lot Size Sq Ft
10,018
Distribution of Home Values
Homes for Sale
Homes for Rent
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$1,150 - $2,199 per month
- Edina Grand Apartments
- Studio-2 Beds
- 1-2 Baths
- 3400 Edinborough Way
- Edina, MN
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Condo Buildings
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,667
Median Age
60
Population Density
12 ppl/acre
Population under 18
12.7%
Below the national average
23.8%
Population over 65
43.6%
Above the national average
19.1%
Finances
Median Household Income
$52,383
Significantly below the national average
$71,702
Average Household Income
$70,008
Education and Workforce
High School Graduates
96.6%
College Graduates
55.4%
Above the national average
34.1%
Advanced Degrees
17.2%
% Population in Labor Force
42.9%
Below the national average
65.1%
Weather
Annual Precipitation
33''
Average Winter Low Temperature
6°F
Average Summer High Temperature
81°F
Annual Snowfall
60''
Area Factors
Bikeable
Bike Score®
54
/ 100
Very Walkable
Walk Score®
72
/ 100
Some Transit
Transit Score®
46
/ 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
Lake Edina/Parklawn
Picturesque suburb with highly rated schools, premium retail, advanced healthcare
South Cornelia
This southwest Edina community features the Edina Historical Society and gardens
Brookview Heights
Shady Southwest Edina neighborhood with access to parks and shopping centers
Lake Cornelia
Quiet Edina suburb central to schools, shopping and sweeping parks
Southdale
Condos and townhouses anchored by two premier shopping centers
Strachauer Park
Find unique outdoor experiences in Strachauer Park, while being near Minneapolis
Reviews
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