Lori Gustafson

6421 Colony Way # 2b

Minneapolis, MN
$ 199,900 Beds 2 Baths 1.5 Sq 1,040
Monthly Estimate* How much can I afford?

Sophisticated, updated, southern-exposed 2- bedroom condo in one of Edina's most desirable locations. An expansive wall of floor-to-ceiling windows spans the entire living space, filling the home with natural light and offering peaceful courtyard views. Ideally located just moments from Southdale, the Galleria, Lifetime Fitness, and Fairview Southdale, with easy access to major freeways. This home features spacious, open-concept floor plan perfect for both everyday living and entertaining. The Colony offers a quiet, friendly community with amenities including a heated outdoor pool, community room with kitchen, and guest parking. Pet-friendly--dogs and cats welcome. Garage stall #29.

Single Family

  • Price
  • $ 199,900
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Condo 0120 The Colony At Ed Condo
  • Lot Size
  • Zip
  • 55435
  • Sqr Footage
  • 1,040
  • Year Built
  • 1964
  • Taxes
  • $ 2289
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7064581
Listed By: RE/MAX Advantage Plus
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1040
Sewer City Sewer/Connected,City Sewer - In Street
Heating Forced Air
Cooling Central Air
Appliances Cooktop,Microwave,Refrigerator
HOA Fee 532
Garage Spaces 1
Association Fee Includes Building Exterior,Cable TV,Hazard Insurance,Heating,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Shared Amenities,Snow Removal,Water
Pool Features Below Ground,Heated,Outdoor,Shared
Construction Materials Block
Year Built 1964
Levels Two
Unit Number 2B
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2026
Accessibility Other
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Condo 0120 The Colony At Ed Condo
Full Baths 1
Directions France Ave,to 65th east to Colony Way
City Edina
Association Name First Residential
High School District Richfield
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2289
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Main Floor Primary Bedroom,In-Ground Sprinkler
PostalCity Minneapolis

Interior Features

Basement Storage/Locker
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1040
Half Baths 1
Laundry Features Common Area,Lower Level,Laundry Room
Total Bedrooms 2
Total Baths 2
Bath Desc Full Primary,Main Floor 1/2 Bath,Walk Thru
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing None
Parking Features Assigned,Detached Garage,Shared Driveway,Guest Parking,Parking Garage,Paved Lot
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected,City Water - In Street
Building Area Total 1040
Waterfront Y/N No
Foundation Area 1040
Road Frontage Type City Street,Paved Streets,Sidewalks,Storm Sewer
Road Responsibility Association Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/30/2026 Listed $207,000
5/19/2026 4% - $199,900

Property vs Zip Code Average in 55435

Price
AVG $330K
$200K
Taxes
AVG $3,965
$2,289
Year Built
AVG 1974
1964
Visits
AVG 137
328
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

6421 Colony Way # 2b Minneapolis, MN is a Single Family Home for sale at $199900 with 1040 sqft and a lot size of Acre(s). 6421 Colony Way # 2b Minneapolis has 2 bedrooms, 1 baths and was built in 1964. The property's zip code is 55435 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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