Section Image

Centennial Lakes

Centennial Lakes

Neighborhood in Edina, Minnesota

Hennepin County 55435

$334,663 Average Value
$246 Average Price per Sq Ft
15 Homes For Sale

Lively suburb along Centennial Lake

Pedal boat under the brick-laid arches that navigate the namesake Lake at Centennial Lakes Park, the 24-acre gathering hub in the backyard of some neighbors. Centennial Lakes offers a lively atmosphere, urban amenities and a thriving outdoor scene. “It’s highly walkable. You have shops and restaurants just steps away,” says Laura Keogan, Realtor with Realty Group LLC. “And there’s all sorts of wonderful things to do around the park and the lake, like pedal boating and mini-golf.” Edina visitors flock to the bustling retailers along France Avenue South, while Centennial residents enjoy people-watching from the park benches in their backyard. “It’s known for its walkability, and residents love to be able to walk or drive to things fast,” says Amy Kerber, Realtor with Coldwell Banker Realty. “People come from all over the Twin Cities to mini golf and ice skate at Centennial Lakes Park.” Staples like Ciao Bella and the summer event series at Centennial Lakes Park play a role in maintaining an active pulse within the community. And with U.S. Interstate 494 along the southern border, 10-mile commutes into downtown Minneapolis are accessible within a 20-minute drive.

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.

An overview of Centennial Lakes.
An overview of Centennial Lakes.
Home shoppers can find townhomes in the Coventry development of Centennial Lakes.
Home shoppers can find townhomes in the Coventry development of Centennial Lakes.
1/2

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.

Southdale Center offers a seamless traditional mall shopping experience.
Southdale Center offers a seamless traditional mall shopping experience.
Whole Foods is located in the Centennial Lakes neighborhood.
Whole Foods is located in the Centennial Lakes neighborhood.
1/2

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.

Sheridan Elementary is part of the Richfield School District.
Sheridan Elementary is part of the Richfield School District.
Richfield High School enrolls students in grades 9-12.
Richfield High School enrolls students in grades 9-12.
Richfield Middle School enrolls students in grades 6-8.
Richfield Middle School enrolls students in grades 6-8.
1/3

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.

People can play mini golf in Centennial Lakes.
People can play mini golf in Centennial Lakes.
People can rent paddle boats at Centennial Lakes Park.
People can rent paddle boats at Centennial Lakes Park.
1/2

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.

Maetzold Amphitheater hosts live events in Centennial Lakes.
Maetzold Amphitheater hosts live events in Centennial Lakes.
Centennial Lakes Park is the centerpiece of the neighborhood.
Centennial Lakes Park is the centerpiece of the neighborhood.
1/2

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.

Christian Slater
Written By
Christian Slater
Amon Parson
Video By
Amon Parson

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 area? Reach out to Anthony Rodriguez, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

12 min drive

Bus

76th St W & Edinborough Way

Bus

York Ave S & Southdale Ymca

Bus

#3400 Entrance & Parklawn Ave

Bus

76th St W & Centennial Lakes Plaza

Bus

Edinborough Way & Minnesota Dr

Bus

Edinborough Way & 76th St W

Bus

Minnesota Dr & France Ave & Edinborough

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$215,000
Median Single Family Price
$177,450
Median Townhouse Price
$1,200,000
Average Price Per Sq Ft
$246
Number of Homes for Sale
15
Last 12 months Home Sales
45
Months of Supply
4.00
Median List Price
$219,950
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
5%

Home Facts

Number of Homes in Neighborhood
572
Median Year Built
1986
Avg. Single Family Home Size Sq Ft
1,326
Significantly below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,025
Average 1 Bedroom Size Sq Ft
719
Median Lot Size Sq Ft
12,196

Open Houses

  • Sunday, Apr 27
    1:30 - 3:30pm

    7631 Edinborough Way Unit 5319, Edina, MN 55435

    $220,000

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 7631 Edinborough Way
    • Unit 5319
    • New 3 days ago

    Welcome to Edinborough condo in the heart of Edina where tranquilly nestled in a serene setting. It offers the perfect blend of peaceful living and convenient city access. Enjoy an abundance of natural light that complements the spacious and comfortable layout. As you step in, you are greeted with warm quality bamboo flooring almost throughout the house with soaring high vaulted ceiling. Entry

    Kalsang Kyoh Integrity Realty

    Section Image
  • Saturday, Apr 26
    10am - 12pm

    7420 Edinborough Way Unit 6313, Edina, MN 55435

    $385,000

    • 2 Beds
    • 2 Baths
    • 1,386 Sq Ft
    • 7420 Edinborough Way
    • Unit 6313
    • New 20 days ago

    Experience unparalleled convenience and luxurious living in the Village Homes at Centennial Lakes! This spacious 2-story condo offers the perfect blend of comfort and location, just steps from Centennial Lakes Park and a vibrant array of shops, restaurants, and grocery stores. Enjoy vaulted ceilings, elegant updates, a rare in-unit laundry room, and a parking space conveniently located in the

    Dylan Olson-Cole Anderson Realty

    Section Image
  • Saturday, Apr 26
    10am - 12pm

    7420 Edinborough Way Unit 6316, Edina, MN 55435

    $289,900

    • 2 Beds
    • 1 Bath
    • 1,010 Sq Ft
    • 7420 Edinborough Way
    • Unit 6316
    • New 23 days ago

    This charming top-floor corner unit 2-bedroom, 1-bathroom condo in the desirable Centennial Lakes Village community, offers both comfort and convenience. Ideally situated near shopping, dining, parks, walking trails and major highways, it provides easy access to everything you need. Just four blocks from Edinborough Park, residents can enjoy an indoor pool, park, and gym—membership included in

    Cody Gladu eXp Realty

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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

Average Home Value




Source: Public Records

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®

45 / 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 Centennial Lakes 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
Centennial Lakes