The Villas at River's Edge

Rogers, MN · Hennepin County · 78 Homes · Resale · Age-Targeted 55+
78
Total Homes
$300K–$400K
Resale Range
2006–2015
Built
1.17%
Hennepin Tax Rate
Attached
Townhome Style
~30 min
To Downtown Mpls

The Villas at River's Edge is a 78-unit attached townhome community in Rogers, along the northwest I-94 corridor. Built 2006–2015, it's an age-targeted community — no legal age restriction — in a price range ($300K–$400K) that is notably lower than most Twin Cities 55+ communities. For buyers seeking the northwest corridor at a lower entry price, River's Edge is the lowest-cost option in that geography.

Rogers sits on the Crow River, with Crow-Hassan Park Reserve nearby for walking and nature access. The community is close enough to Maple Grove for healthcare (North Memorial Health) and retail (Arbor Lakes) while sitting in a quieter, less developed stretch of the northwest metro.

Attached Townhome Structure

All homes at The Villas at River's Edge are attached — sharing at least one wall with a neighbor. This is a different ownership model than the single-family communities. The HOA at an attached townhome community typically covers significantly more exterior maintenance: sometimes including roof, siding, and structural elements, with homeowners responsible for interior only. This means higher HOA fees but lower personal maintenance burden and insurance costs (HO-6 condo/townhome policy rather than full homeowners).

Age-targeted — no legal enforcement: River's Edge is age-targeted, not age-restricted. Any age buyer can purchase here. The community markets to 55+ and the floor plans suit downsizers, but there is no HOPA protection ensuring neighbors meet a minimum age.

True Cost at The Villas at River's Edge

VILLAS AT RIVER'S EDGE — $340,000 TOWNHOME (2026 ESTIMATE)

Monthly Housing Costs:
HOA fee (est., attached, exterior incl.): $280–$360/mo
Property tax (Hennepin 1.17%, $340K): $332/mo
HO-6 insurance (est.): $55/mo
Total monthly non-mortgage cost: ~$667–$747/mo

Annual:
HOA: $3,360–$4,320
Property tax: $3,978
Insurance (HO-6): $660
Total annual housing cost (excl. mortgage): ~$7,998–$8,958/yr

HOA fee range reflects attached townhome where exterior maintenance is included. Despite higher HOA, insurance costs are lower and there is no roof/siding replacement budget to maintain personally. Verify exact HOA scope and fee with the association before purchase.

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