Waterville Real Estate

Welcome to Waterville, a charming city located in the beautiful state of Minnesota. Nestled in Le Sueur County, Waterville offers a peaceful and picturesque setting for residents and visitors alike.

Known for its small-town charm, Waterville provides a close-knit community atmosphere that is perfect for those seeking a tranquil lifestyle. The city is surrounded by stunning natural beauty, with the scenic Sakatah Singing Hills State Trail passing through town. This trail offers opportunities for hiking, biking, and snowmobiling, allowing residents to fully embrace the great outdoors.

Waterville is also home to several parks and recreational areas, providing ample space for outdoor activities and family-friendly fun. Lake Tetonka and Lake Sakatah are popular destinations for boating, fishing, and swimming during the warmer months.

In addition to its natural attractions, Waterville boasts a rich history and a vibrant downtown area. The city's historic Main Street is lined with quaint shops, local restaurants, and charming boutiques. Residents can enjoy a variety of dining options, from cozy cafes to family-friendly eateries.

Waterville is proud to offer a range of housing options to suit different needs and preferences. From spacious single-family homes to cozy apartments, there is something for everyone in this welcoming community. The real estate market in Waterville is known for its affordability and value, making it an attractive destination for homebuyers.

Whether you're looking to settle down or simply enjoy a peaceful retreat, Waterville offers a delightful blend of natural beauty, community spirit, and small-town charm. Come and discover all that this wonderful city has to offer.

Newest Listings in Waterville

$285,000

3 Beds ⋅ 1 Baths ⋅ 7119354 MLS

Charming, well-maintained home on 3/4 acre lot! This home sits on a nice corner lot in town and features main floor bedroom, full bath, kitchen/dining room, cozy living room plus 2 additional bedrooms upstairs. There is a large 30x28 heated detached garage! Loads of nice updates including furnace in 2020, roof in 2021 and so much more!

828 Clinton Street E, Waterville

Listing courtesy of Realty Executives Associates.

$177,500

2 Beds ⋅ 2 Baths ⋅ 7111279 MLS

This charming 2-bedroom, 2-bathroom home offers coy living with a spacious one-third acre yard! Perfect for first-time buyers or downsizers, it combines a smart floor plan with a massive outdoor space. Enjoy a private, expansive backyard that is ideal for gardening, pets, and entertaining.

220 Green Street W, Waterville

Listing courtesy of Julie Prochaska Realty.

$399,000

4 Beds ⋅ 1 Baths ⋅ 7104740 MLS

Welcome to this charming seasonal cabin on beautiful Lake Tetonka, where nearly 100 years of summers have been filled with laughter, sunsets, fishing, swimming, and time spent with the people who matter most. Built in 1930, this 4-bedroom, 1-bath retreat is full of character and nostalgia while offering everything you need to enjoy life at the lake. Perfectly situated on the east side of Lake Tetonka, this home offers stunning sunset views from the spacious screened porch and expansive lakeside patio. Whether you're enjoying your morning coffee, an afternoon card game, or relaxing with family and friends as the sun sets over the water, this is the perfect place to take in lake life. The boathouse provides convenient storage for all your lake toys, making it easy to enjoy everything the lake has to offer. Inside, the cabin offers four comfortable bedrooms, providing plenty of space for family and guests to create their own summer traditions. Just a short walk or golf cart ride into Waterville, you'll appreciate the convenience of nearby restaurants, shops, groceries, and everything you need for an easy weekend at the lake. Whether you're looking for a place to unplug, entertain, or continue a legacy that's been nearly a century in the making, this classic Lake Tetonka cabin is ready for its next chapter. All that's missing is your family and the memories waiting to be made.

911 Reed Street N, Waterville

Listing courtesy of True Real Estate.

$449,900

4 Beds ⋅ 2 Baths ⋅ 7108020 MLS

Virtual Tour is an informational Video! Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential, or guest accommodations, the private-access upper loft serves as a complete suite equipped with its own kitchen, living room, bedroom, and bath. Outdoor entertainment options abound with a versatile lakeside boat house that functions as a screened-in porch during summer months and offers drive-on ATV access for ice fishing in the winter. The massive 32x22 insulated and heated garage pulls double duty as the ultimate party space and for recreational toy storage. Located in a golf-cart and ATV-friendly community, residents enjoy casual transport to local restaurants, taverns, parks, and the city sand beach. Waterville serves as the perfect central rest stop along the 39-mile, fully paved Sakatah Singing Hills State Trail, spanning from Mankato to Faribault. This cottage is the ultimate destination to gather, relax, and create lasting memories with family and friends for years to come. Book your tour today. It can close fast so you can still enjoy lakelife this summer!

945 Reed Street N, Waterville

Listing courtesy of True Life Real Estate Solution.

$330,000

4 Beds ⋅ 2 Baths ⋅ 7104414 MLS

Right in the heart of Waterville! This beautifully updated home sits on a stunning lot with the Whitewater Creek and mature trees creating a backyard oasis. The covered, screened-in deck adds to the ambiance—perfect for morning coffee, evening relaxation, or hosting friends—while the adjoining patio offers space for grilling and gathering around a firepit. Inside, the main floor features a primary ensuite, an additional bedroom, and an open floor plan connecting the kitchen, dining, and living areas. Updated stainless appliances pair with original hardwood flooring, adding warmth and classic style. Head upstairs to the ultimate primary suite, with a tiled walk-in shower, walk-in closet, private den, and an additional smaller bedroom. To top it off, the finished two-stall, garage offers abundant workspace and serious mancave potential! plus additional washer/dryer in the basement. All of this is within walking distance to the school, parks, trails, and Waterville’s charming downtown—

404 Paquin Street E, Waterville

Listing courtesy of BH Realty Group.

$314,900

4 Beds ⋅ 4 Baths ⋅ 7103586 MLS

Talk about curb appeal, here it is! Mature shade trees CHECK Inviting front entry CHECK Hardwood floors CHECK beautiful wood pocket doors CHECK Unbelievable kitchen CHECK Built in Hutch w/leaded glass fronts CHECK Built in buffet perfect for a breakfast or coffee bar CHECK Not 1 but 2 Laundry areas DOUBLE CHECK Bathrooms on every level CHECK Main floor flex room that can be either a primary bedroom en suite, play room, library, game room, etc CHECK 2ND LEVEL Primary with TWO walk in closets CHECK Tastefully painted with minimal decor so you can make it your own CHECK Cozy front porch renovated beautifully to watch the world go by CHECK Deck, CHECK Fenced in back yard CHECK Firepit area CHECK and so much more. Come and CHECK it out yourself!!

520 3rd Street S, Waterville

Listing courtesy of RE/MAX Results.

$194,000

3 Beds ⋅ 1 Baths ⋅ 7101447 MLS

Charming 2 bedroom, 1 bath home that includes additional parcel with garden spot and shared garage! Home features hardwood floors, formal dining room - which can also be used as a main floor bedroom, large upstairs walk-in closets and loads of space in the basement. This is a beautiful setting to call home!

201 Hillcrest Drive, Waterville

Listing courtesy of Realty Executives Associates.

$575,000

3 Beds ⋅ 3 Baths ⋅ 7097497 MLS

This is a great hobby farm for horses, cattle or whatever livestock you want. This private and secluded property is the only house and located at the end of a dead end road with a new 3 Bedroom, 3 bath shouse. The road comes to the property along the southern edge where the house sits overlooking a one acre naturally stocked pond. The owners are regularly catching 12"+ carp and dogfish, as well as small mouth bass, bullheads and sunfish. The property includes a 40'x40'x15' "L" shaped 3 sided shed alongside approximately 8 acres of pasture. The new stunning 3 bedroom, 3 bath home is a reflection of its surroundings. The living room is the masterpiece of the house anchored by a stunning floor to ceiling custom gas fireplace, while towering windows provide the space with natural light and the framing of the panoramic views seamlessly blending indoor comfort with the natural beauty beyond. The 16 foot cedar board and batten ceilings, wood beams and wood walls create a warm timeless aesthetics, giving an up north chalet feel the moment you enter the space. The main floor master suite offers a private bath and large walk in closet. The dining room offers hardwood floors and plenty of room for large family gatherings. There is a sitting area alongside the dining room. Upstairs the balcony offers amazing views overlooking the living room below and views of the fields. There are two additional good size bedrooms upstairs. There are large windows thru out the house offering gorgeous views from every window. All exterior walls are insulated to an amazing R34 and attic over R 60, ensuring year round comfort. Attached is a ready to finish 36'x48' garage/shop space, with 15x16 and 16x16 doors. Watch amazing sunsets from your huge firepit. Property subject to split and survey 12.5 + acres. Taxes to be determined. Three public hunting lands located within 1 mile. The B&B trees behind the shed are not part of the sale. More land possible if prior to split. 24 hour notice for showings. Agent is owner.

18222A 484th, Waterville

Listing courtesy of Affordable Homes LLC.

$425,000

3 Beds ⋅ 1 Baths ⋅ 7090398 MLS

Enjoy lake life at its finest on beautiful Lake Tetonka! This charming 3-bedroom, 1-bath home sits on a spacious half-acre lot with an impressive 165 feet of shoreline frontage. Spend your days relaxing on the beautiful sandy beach, swimming, boating, fishing, or taking in the breathtaking lake views. The property features an attached two-stall garage plus a double-deep boathouse , providing plenty of room for your , water toys, and lake gear. With abundant outdoor space for entertaining, yard games, and family gatherings, this property offers endless opportunities to create lasting memories. Whether you're looking to make memories this property ,weekend getaway, or investment property, this Lake Tetonka gem delivers the perfect combination of space, storage, and exceptional waterfront living.

49295 Sportsmans Lane, Waterville

Listing courtesy of BH Realty Group.

$280,000

5 Beds ⋅ 2 Baths ⋅ 7089749 MLS

Meticulously maintained and thoughtfully cared for, this spacious 5-bedroom home is perfectly situated on a desirable corner lot. Offering four bedrooms on the upper level and an additional main-level room that can serve as a fifth bedroom, home office, playroom, or flex space, the layout provides exceptional versatility to fit a variety of lifestyles. The main-level full bath features a relaxing jetted tub, creating a private retreat within the home. The lower level provides additional space for storage, hobbies, or future finishing opportunities. Recent updates include a new furnace in 2026 and central air conditioning in 2025, adding comfort and peace of mind. Complete with a two-stall garage and located on a desirable corner lot, this home combines space, functionality, and pride of ownership in one exceptional package.

330 Lake Street W, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$669,900

3 Beds ⋅ 2 Baths ⋅ 7076922 MLS

Are you looking for a beautiful, one-owner home on Lake Tetonka with over 50 feet of lakeshore? This property features three bedrooms (with potential for a fourth) and two bathrooms. The main floor offers a spacious living and dining area perfect for family gatherings, along with a kitchen featuring a large center island, solid wood cabinets, and stunning lake views. You will also find two generously sized bedrooms, a full bathroom, and laundry facilities on the main level. The upstairs includes a loft ideal for a home office and an expansive master suite complete with a private bathroom featuring a jet tub, shower, and double vanity. The master bedroom also includes a large walk-in closet that leads to a versatile bonus room above the garage, which could serve as an additional bedroom, playroom, or storage area. You do not want to miss out on this Lake home!

943 Reed Street N, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$599,900

3 Beds ⋅ 2 Baths ⋅ 7067895 MLS

Experience the perfect blend of comfort, space and lakeside living in this beautiful lakefront retreat. Designed for relaxation and entertaining, this home offers breathtaking views and generous indoor and outdoor areas. Step inside to find 3 spacious bedrooms, 2 bathrooms and a large loft that provides flexible space for guests, a family room, home office or recreational area. The open-concept design creates a welcoming atmosphere with plenty of natural light and scenic lake views. A definite highlight of the home is the expansive front deck overlooking the lake, providing the ideal setting for morning coffee, outdoor dining, entertaining friends and family or simply enjoying the peaceful surroundings. For outdoor enthusiasts and hobbyists, the impressive 4-stall garage offers abundant room for vehicles, boats, recreational equipment and storage. One oversized bay is specifically designed to accommodate an RV, making it easy to store and access your home away from home. Whether you’re looking for a full-time residence, weekend escape or a place to gather with family and friends, this exceptional lake property offers the space, functionality and views you’ve been dreaming of! Wake up to the beauty of the lake, enjoy endless outdoor recreation and make every day feel like a vacation. A MUST SEE!

13304 Sakatah Lake Road, Waterville

Listing courtesy of Edina Realty, Inc..

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.