Housing types and what they actually cost
| Type | Example | Price range | Source |
|---|---|---|---|
| 1-bedroom condo (~725 sq ft) | Edinborough Condominiums | around $200,000 | Homes.com building profile |
| 2-bedroom condo (up to 1,045 sq ft) | Edinborough Condominiums | $184,500 to $235,000 | Homes.com building profile |
| Luxury townhome | The Coventry at Centennial Lakes | $850,000 to over $1,000,000 | davegooden.com |
The spread between the cheapest condo and the priciest townhome runs roughly fivefold, inside one “neighborhood.” Single-family Cape Cod and rambler pricing east of York Avenue is a real segment here, but no independently verified current figure was found for it; pull that from active MLS listings before quoting a number to a client.
Is Centennial Lakes mostly condos? Yes. Condos and townhomes make up the large majority of the housing stock, with a smaller single-family pocket east of York Avenue whose current pricing still needs a fresh MLS pull rather than a repeated old estimate.
Ownership costs: HOA dues and what they cover
Edinborough Condominiums, a six-story building completed in 1986 with 462 units, charges $500 to $700 a month in HOA dues, and that fee covers heat, internet, and building maintenance, plus access to Edinborough Park’s indoor pool, track, and fitness center. That bundled utility coverage explains why condo dues here read high next to a townhome association fee, which typically covers only landscaping and exterior upkeep. Per-building dollar figures for Village Homes, Coventry, and York Place were not found in a public source and would need pulling from active listing disclosures rather than assumed from Edinborough’s number.
What’s the HOA fee at Edinborough Condominiums? $500 to $700 a month, covering heat, internet, building maintenance, and Edinborough Park access, per the building’s Homes.com profile.
Who it fits, and who it doesn’t
The math above points to a specific buyer: someone trading square footage and a yard for a fixed, all-in monthly number and a short walk to a park. It fits downsizers, first-time buyers priced out of Edina’s $788,000 citywide median, and buyers who want maintenance handled by an association. It does not fit anyone who wants a private yard, top single-family price-per-square-foot value, or a fully car-free routine, since most errands here still call for a car despite the walkable core.
Owner-occupancy and the investor angle
| Metric | Centennial Lakes tract | City of Edina |
|---|---|---|
| Owner-occupied | 42.71% | 72.4% |
| Renter-occupied | 57.29% | 27.6% |
| Median monthly housing cost | $1,437 | $2,084 |
| Housing units | 8,123 | 24,071 |
| Population | 13,753 | 53,262 |
Source: Point2Homes tract data and Point2Homes citywide data. Note the scale mismatch: this “Centennial Lakes” tract counts over 8,000 housing units and 13,753 residents, far larger than the roughly 640-home sub-neighborhood agents usually mean by the name. Read the renter-majority figure as directional for the wider area, not a precise reading of the small walkable core real-estate listings describe.
Is Centennial Lakes good for renters and investors? The surrounding tract runs renter-majority (57.29%) against a citywide owner-majority (72.4%), unusual for Edina. Confirm current rent comps for the specific building before buying to hold, since this tract-level split won’t match any single condo association.
Schools serving the area
Centennial Lakes sits inside Edina Public Schools. Per the district’s own school finder, a student in the Concord, Cornelia, or Highlands elementary attendance area feeds into South View Middle School. Beyond that structural fact, the district’s boundary tool is the only reliable way to confirm which specific elementary zone an individual address falls into, since generalized maps aren’t guaranteed accurate near boundary edges.
Which schools serve Centennial Lakes? Confirm the specific address against the Edina Public Schools finder tool directly. Several public neighborhood guides for this area return an empty schools widget, a sign the data isn’t reliably aggregated at the neighborhood level rather than a sign no schools exist here.
Getting around: trail and transit access
The Nine Mile Creek Regional Trail, maintained by the Three Rivers Park District, runs about six miles through Edina, according to a local Edina Community Foundation account, starting at the north side of Centennial Lakes Park and ending at Bredesen Park. The Edina segment cost $25 million and was built between 2014 and 2018.
The park itself
Centennial Lakes Park is the 24-acre namesake green space at the center of the neighborhood, with paddleboats, mini-golf, and winter ice skating. It’s a genuine amenity, not the reason to read this page.
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