We present a multicolor, high-cadence photometric study of a distant dwarf nova KSP-OT-201611a discovered by the Korea Microlensing Telescope Network Supernova Program. From 2016 October to 2017 May, two outbursts, which comprise a super/long outburst followed by a normal/short outburst separated by ~91 days, were detected in the BVI bands. The shapes and amplitudes of the outbursts reveal the nature of KSP-OT-201611a to be an SU UMa- or U Gem-type dwarf nova. Color variations of periodic humps in the super/long outburst possibly indicate that KSP-OT-201611a is an SU UMa-type dwarf nova. The super and normal outbursts show distinctively different color evolutions during the outbursts due most likely to the difference in time when the cooling wave is formed in the accretion disk. The outburst peak magnitudes and the orbital period of the dwarf nova indicate that it is at a large Galactocentric distance (~13.8 kpc) and height (~1.7 kpc) from the Galactic plane. KSP-OT-201611a, therefore, may provide a rare opportunity to study the accretion disk process of Population II dwarf novae.