$420,000

4075 W 51st St Unit 403 Edina, MN 55424

$4,988
Closing credit¹
2 beds
1 full
1,604 sqft
$262 / sqft
Condo

Property details

About 4075 W 51st St Unit 403

Welcome to The Lanterns, a charming community just steps away from the vibrant 50th and France area. This location is unbeatable, offering easy access to shopping, delightful restaurants, grocery stores, and beautiful parks—all just a short stroll from your front door. This spacious top-floor unit is one of the largest in the building, with over 1,600 square feet of living space, featuring 2 bedrooms, 2 bathrooms, a generous kitchen, living room, and dining area. The well-maintained building with an efficient association ensures a comfortable and low-maintenance lifestyle year-round. The primary suite is complete with its own bath and large closets, offering a peaceful retreat. The second bedroom can easily serve as an office or flexible space to suit your needs. Enjoy relaxing on the lovely porch that extends from the living room. This home is part of an estate and is being sold as-is, presenting a wonderful opportunity for you to personalize and make it your own. As a 55+ building, this is the perfect place for those looking to downsize, escape winters, or simply enjoy a more relaxed lifestyle. With only service animals allowed, peace and tranquility are assured. The timing couldn’t be better—purchase now, plan your updates, and be ready to move in and enjoy the upcoming Spring season at one of the best locations in the Cities. This is your chance to make The Lanterns your new home—don’t miss it!

Highlights

Home typeCondominium
HeatingBaseboard
StatusActive
CoolingCentral Air
Size1,604 sqft
Year built1970
ParkingAssigned, Attached Garage, Guest Parking, Heated Garage, Underground
MLS #6704277
Attached garage1 space
FireplaceLiving Room, Wood Burning

Summary

  • MLS Number: 6704277
  • MLS Name: NORTHSTAR
  • Office Name: Compass

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Last updated on: 4/19/2025, 12:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dining area with light wood-style flooring, recessed lighting, an inviting chandelier, and a glass covered fireplace

$420,000

4075 W 51st St Unit 403

$4,988

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Armatage Elementary School

Public Magnet KG-5

1.2 mi

2501 W 56th St

9

Normandale Elementary School

Public District KG-5

1.2 mi

5701 Normandale Rd Ste 1

7

Concord Elementary School

Public District KG-5

1.3 mi

5900 Concord Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $162,273. Most Edina, MN residents have annual incomes $200k+. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
31%
35k-100k
17%
100k-200k
42%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

35%
Single, No Kids
4%
Single, with Kids
33%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
9%
18-34 yrs old
47%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4075 W 51st St Unit 403

This home is located at 4075 W 51st St Unit 403 in Edina, MN and zip code 55424 in the Arden Park neighborhood. This 1,604 square foot home was built in 1970. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $420,000.

In March 2025, from all listings sold in Edina, MN there were more than 5 sold above asking price, over 27 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Edina, MN between February and March 2025 increased by 22.8%. In March 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $638,833.

From Rocket Homes Real Estate and based on county public records data.

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