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$230,000
3 Beds ⋅ 2 Baths ⋅ 6762198 MLS
Home is not livable in its present condition. The Good Samaritans went around town and sprayed homes with some sort of mold inhibitor. Seller is not sure what it was. House had about 11 inches of water in it. Location with beautiful views. Channel on two sides, and you can launch right off your property! Set up currently for 2 furnaces but could be put put back with one, and current owner suggests putting ductwork in the attic. This is the first time the house has flooded since 1998. Amazing garage and detached maintenance free deck. Open floor plan and large master en suite. Tons of potential for someone to "Flip" or live here themselves.

921 Lillian Street, Waterville

Listing courtesy of RE/MAX Results.

$215,000
3 Beds ⋅ 2 Baths ⋅ 7009177 MLS
This beautifully updated 3-bedroom, 2-bath home has been completely reconstructed in recent years and offers a fresh, modern feel throughout. Perched on a hill on a corner lot in Waterville, it provides both charm and presence. Inside, you’ll find stainless steel appliances, clean modern finishes, and the convenience of main-level laundry. A move-in-ready home with thoughtful updates in a great setting.

325 River Street, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$215,000
6756665 MLS

259 Main Street E, Waterville

Listing courtesy of Realty Executives Associates.

$199,900
3 Beds ⋅ 2 Baths ⋅ 7035455 MLS
Welcome to this 2 story home nestled in the heart of Waterville-a welcoming small-town community where neighbors know one another and life moves at a comfortable pace. Located a few blocks from Lake Tetonka, the scenic Sakatah Singing Hills Trail, neighborhood parks, and local dining, this home offers the charm of small-town living with the convenience of major shopping, services, and employers only 15–20 minutes away in either direction. Elementary school sits just two blocks away, with convenient bussing at the corner for older students. Inside, the main level has been thoughtfully updated to create an inviting and functional living space. A previous wall was removed to open the layout into a bright, oversized living room—perfect for relaxing at home or welcoming family and friends. The renovated kitchen is truly the heart of the home. Expanded for greater function, it features abundant oak cabinetry, generous storage, and a large center island with comfortable seating for four—an ideal gathering place for everyday meals, conversation, and celebrations. An upper-level addition provides 3 spacious bedrooms, flex space & laundry, full bath. The main floor has a full bath, adding convenience to the home’s practical layout. Major updates provide confidence and peace of mind for years to come: • New furnace (2023) • New roof on both the home and garage (2022)• 13 new windows installed in 2023, with 5 additional windows replaced in 2003• Newer water heater• Water softener included• Living room carpet (2021)• Upper-level carpet (2022)• Washer and dryer included Comfortable backyard features a patio area, alley access, detached garage. With many of the significant improvements already completed, this well-cared-for home is ready for its next chapter. Whether you are purchasing your first home, looking for a comfortable place to grow, or simply seeking the charm of a welcoming community near the lake, this Waterville property offers a wonderful opportunity. Financing options include FHA, VA, and Rural Development (RD), Conventional programs making homeownership more accessible for many buyers.

114 S Reed Street, Waterville

Listing courtesy of Realty Executives Associates.

$195,000
2 Beds ⋅ 1 Baths ⋅ 6820150 MLS
Welcome to this charming and move-in-ready home, situated on a desirable corner lot. This property is a true gem, featuring a significant and stylish remodel that was completed just a couple of years ago, providing you with the peace of mind that comes from updated finishes and modern systems. The recent renovations ensure a fresh, modern aesthetic throughout, making it perfect for anyone seeking a low-maintenance lifestyle without sacrificing quality or style. Additional features include a detached garage, central air conditioning, and a fantastic location close to Waterville's local amenities and scenic surroundings. This is a fantastic opportunity to own a virtually turn-key property that blends small-town charm with contemporary living.

102 Buchannon Street S, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$195,000
3 Beds ⋅ 2 Baths ⋅ 6773510 MLS
Come live in the quaint small town of Waterville....where you can be on a lake or biking on the nearby Sakatah State Trail within minutes! This home has the perfect location...it’s an easy 7 minute walk to the public beach! Charming 1 ½ story offering a private fenced in deep lot where you can enjoy a night around the firepit or catch a glimpse of the lake in your backyard. Many wonderful updates & features include a newer kitchen, newer main floor bath, metal roof, steel siding, central air and hardwood floors. Main floor bedroom has an 11x11 walk in closet that can also be used as an office space or play room. There are laundry hookups in the dining room closet offering complete main floor living. Lower level is waiting for your finishing touches. Seller says “keep the furnishings” making this a turn key property from day one! Two large decks offering additional lake views. 2 car garage needs some TLC but has lots of potential. Dive into the excitement of exploring over 2600 acres of water right out your back door. Call today!

709 1st Street N, Waterville

Listing courtesy of Re/Max Advantage Plus.

$190,000
3 Beds ⋅ 2 Baths ⋅ 7072634 MLS
Welcome to 724 1st St N, Waterville, MN! Nestled on a peaceful, beautifully maintained full-acre lot with convenient access to Highways 13 and 60, this charming property is just a short walk from downtown shops, nearby lakes, and local campgrounds for year-round recreation and fun. Ideally situated between Faribault, Waseca, and Mankato, this home is well-positioned for easy commuting. You will enjoy affordable living without sacrificing access to the amenities of larger towns! As you enter the home through the back door, you will find the kitchen, which features a half bathroom/laundry room. Moving through the kitchen, the home flows into the living room and dining room, both featuring hardwood floors that highlight the home's classic character and charm. Just off the living room, a welcoming front porch offers the perfect place to enjoy your morning coffee, unwind after a long day, or take in the peaceful surroundings. Heading up the staircase, you’ll find 3 bedrooms plus a bonus room located on the upper level for added convenience. The upstairs bathroom features a walk-in shower. The basement offers tons of storage space with the potential to be finished and customized by its next owner! The driveway leads up to a well-maintained 2-car garage, providing privacy and enhancing a sense of privacy while remaining close to conveniences. Whether you’re ready to move right in and enjoy it as-is or bring your own vision and make a few updates over time, this home offers comfort, character, and flexibility in a location that is sure to capture the heart of its new owner!

724 1st Street N, Waterville

Listing courtesy of eXp Realty.

$189,000
4 Beds ⋅ 2 Baths ⋅ 7080247 MLS
Welcome home to this charming 4-bedroom, 2-bath home located in Waterville! From the moment you step inside, you’ll love the character and warmth this home offers with gorgeous hardwood floors, rich wood details, and inviting living spaces full of charm. Outside is where this property truly shines — featuring an amazing back patio perfect for entertaining, grilling, relaxing, or enjoying peaceful Minnesota evenings. The fenced-in backyard offers privacy, room for pets or play, and a space you’ll enjoy year-round. Need storage or workspace? The oversized 2+ car garage gives you plenty of room for toys, tools, and more! Looking for future value? The unfinished basement offers incredible potential to add finished square footage, build equity, and customize the space to fit your needs. Location matters — and this one is hard to beat! Enjoy being within walking distance to local lakes, scenic walking and biking trails, parks, downtown shops, restaurants, coffee spots, and community events that make Waterville such a special place to live. Small-town living with convenience and charm all around you! Whether you’re looking for your first home, more space, or an investment opportunity with upside potential, this property checks all the boxes.

212 2nd Street S, Waterville

Listing courtesy of Gold Door Realty LLC.

$185,000
2 Beds ⋅ 2 Baths ⋅ 7031880 MLS
Unlock the potential of this Lakefront property. This home sustained water damage from the 2024 flood. It has been gutted and treated for mold and is ready to be refinished.

902 Marion Street, Waterville

Listing courtesy of RE/MAX Advantage Plus.

$180,000
7063050 MLS
Rare opportunity to own this 2 + car garage storage space on Lake Tetonka that can be converted to living space. Looking for a place to store your boats, cars and toys or design into a man cave or house? Here is a 30 x 50 well built, insulated and infloor heat building that is solid and has sewer and water roughed in already. This property was built in 2000, has a concrete block foundation, 100 amp service, asphalt shingles, roughed in bathroom and much more!

918 Reed Street N, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$180,000
4 Beds ⋅ 1 Baths ⋅ 7046588 MLS
Enchanting Historic Retreat on a Private, Multi-Lot Oasis Step into a masterfully preserved turn-of-the-century gem, where artisan craftsmanship and original woodwork meet modern comfort. This home isn't just a place to live; it's a private sanctuary situated on a massive, partially wooded double-plus lot that offers rare secluded privacy just minutes from downtown, schools, and state parks. Gardener's will delight in the lush landscape of established perennials, featuring roses, hostas, and seven magnificent hydrangeas. For the entertainer, choose between two covered decks and a large sun deck Historic Soul: Original built-ins and timeless wood detailing throughout.Beautiful sheds in the back with a plethora of opportunities. Expansion Potential: A simple second-story bath addition is possible above the existing one. Modern Comfort: Full central air/heat and a mix of laminate and cozy carpet. Prime Location: Trailside living with instant access to lakes and city parks.

115 Cottrill Street N, Waterville

Listing courtesy of Edina Realty, Inc..

$180,000
3 Beds ⋅ 2 Baths ⋅ 7039944 MLS

311 Herbert Street N, Waterville

Listing courtesy of .

$172,000
3 Beds ⋅ 2 Baths ⋅ 7058873 MLS
Prepare to fall in love with this enchanting 3-bedroom, 2-bathroom home that offers a perfect blend of charm and modern living. As you approach, the delightful front porch greets you, providing a cozy spot to enjoy your morning coffee as the sun rises or sip on evening cocktails while you unwind after a long day. The interior is filled with stunning woodwork that adds character and warmth, making the home even more inviting. You'll be captivated by the beautiful hardwood floors that run throughout, enhancing the elegance of the spaces. The high ceilings amplify the sense of openness, especially in the formal dining room, which is designed for memorable family gatherings and dinner parties. The spacious living room offers ample room for entertainment and relaxation, perfect for hosting family and friends. On the main floor, the bedroom has been transformed into a convenient laundry room, but this versatile space can easily be converted back into a bedroom if desired. A newly added half bath on the main level adds practicality and ease for visitors. The open kitchen is a chef's dream, offering plenty of counter space for meal preparation and room for the whole family to gather, fostering moments of connection and shared experiences. To the rear of the home, you'll find a bonus room that serves as an excellent home office, providing a quiet space to concentrate or a creative area for hobbies. The mudroom serves a functional purpose, keeping everyone's coats, backpacks, and shoes neatly organized and out of the way. Traveling upstairs, you will discover two generously sized bedrooms, providing ample space for family or guests. There's also a bonus room that can be used in various ways—whether as an additional office, a craft room for artistic pursuits, or extra storage. The newly remodeled full bath on this level features a beautifully tiled shower with a tub, combining style and comfort for your daily routine. The property includes a contemporary two-car garage, offering plenty of space for storing outdoor toys, lawn equipment, tools, and much more, making organization a breeze. The outdoor space of this home is truly a highlight, boasting a spacious yard that is perfect for leisure activities, gardening, or play. You'll enjoy lovely flower beds in full bloom, fragrant lilacs that perfume the air, and established raspberry bushes that are sure to delight during the harvest season. With so much to offer, this beautiful home is sure to capture your heart and won't last long on the market—schedule a visit today to experience it for yourself!

420 Main Street W, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$170,000
3 Beds ⋅ 2 Baths ⋅ 7042657 MLS
Secure a rare opportunity to own a nearly one-acre city lot that offers the feel of the country right in the heart of town-perfectly situated between Lake Tetonka and Lake Sakatah. This classic 1922 two-story home showcases beautiful original woodwork throughout the main level, featuring a cozy family room and a formal dining room ideal for gatherings. Upstairs, all three bedrooms-including one with a walk-in closet-are conveniently located near the full bath. The full basement adds extra functionality with a three-quarter bathroom and the comfort of a newer furnace and central air system. Outside, the expansive yard offers endless possibilities-from gardening to hobby animals-with a small barn already in place. A massive 780-square-foot, three-car detached garage and large asphalt driveway provide ample space for vehicles, storage, and projects. A truly unique property offering space, character, and location-opportunities like this don't come around often.

730 1st Street N, Waterville

Listing courtesy of Keller Williams Preferred Rlty.

$165,000
3 Beds ⋅ 2 Baths ⋅ 6767437 MLS
Here's your opportunity to get into an efficient 3 bedroom home on a double corner lot, with minimal traffic, close to town, school and the Sakatah State Trail. New flooring and paint throughout. Move in ready!

314 Buchannon Street S, Waterville

Listing courtesy of BH Realty Group.

$154,900
2 Beds ⋅ 2 Baths ⋅ 6812746 MLS
Cute 2 bedroom, 1 bath home on corner lot! This home has an open kitchen and dining area with a cozy living room! There is a main floor laundry room as well! The detached garage is huge and can be used for storage, hobbies and so much more!

313 Mill Street S, Waterville

Listing courtesy of Realty Executives Associates.

$149,900
2 Beds ⋅ 1 Baths ⋅ 7107557 MLS
**Prime Location, Adorable Home!** Discover the charm of this two-bedroom, one-bathroom gem nestled in a vibrant community, just a stone's throw away from picturesque parks, scenic walking trails, sun-soaked beaches, and the bustling downtown shopping district. The school district nearby adds to the convenience for families. As you approach the home, you’ll appreciate its inviting curb appeal, featuring maintenance-free siding and brand-new windows. Step into a cozy sanctuary with a fenced-in yard that provides privacy and a one-car garage for your convenience. Upon entering, you are welcomed by an airy open concept design that seamlessly integrates the kitchen, dining area, and living room—ideal for gatherings with family and friends. The kitchen is a delight for any home chef, boasting an eat-in counter perfect for casual meals, along with a generous amount of cabinet space and countertops for culinary creations. Natural light cascades through the living and dining areas, which are adorned with stylish luxury vinyl plank (LVP) flooring, creating a warm and inviting atmosphere. The main level also houses two comfortably sized bedrooms, offering a peaceful retreat, as well as a well-appointed full bathroom. To further enhance the functionality of the main floor, a convenient laundry room makes daily chores a breeze. Venturing to the lower level, you’ll find a versatile bonus room that could easily be transformed into a cozy family room, an arts and crafts haven, or even a productive home office—let your imagination run wild! For the DIY enthusiast, a sturdy workbench awaits in the back room, ready for any project you envision. The basement is thoughtfully plumbed for a second bathroom, providing an excellent opportunity for future expansion. Step outside into your spacious backyard, a private oasis featuring a new concrete patio, perfectly designed for entertaining friends under the stars or savoring a peaceful morning coffee as the sun rises. Properties in this desirable area don’t stay on the market for long—don’t miss your chance to make this charming home your own! Schedule a visit today!

511 Division Street, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$128,400
3 Beds ⋅ 1 Baths ⋅ 7004734 MLS
This solid 3-bedroom, 1-bath home is full of potential and ready for your vision. Bring your transformation ideas and make it your own! The property includes a garage plus an additional building that was previously used as a business—offering great versatility and extra space. The main level features a kitchen with dining area, a full bathroom with a jetted tub, and a comfortable living room. The back porch has been converted into a unique lounge/bar area, perfect for entertaining. The basement is unfinished but includes a shower and laundry area, providing plenty of room for future expansion. A newer furnace (less than 7 years old) adds peace of mind. All three bedrooms are conveniently located on the upper level. A fantastic opportunity for those looking to add value and create something special!

130 1st Street N, Waterville

Listing courtesy of American Way Realty.

$120,000
2 Beds ⋅ 1 Baths ⋅ 6697347 MLS
Discover the endless possibilities with this charming lakefront property! Nestled on the scenic shores of Sakatah Bay, this quaint cottage boasts breathtaking views that promise serene mornings and tranquil evenings. For the boating enthusiasts, the cottage is connected to 12 beautiful miles of shoreline running along Sakatah Lake and Tetonka Lake. For biking enthusiasts, the Cannon Valley Trail is quickly accessible from the cottage and you can bike all the way to Red Wing! The property experienced damage during the 2024 flood; it has been gutted and treated to prevent mold. Whether you dream of a cozy retreat or envision a modern tiny home, this property offers endless opportunities to create your ideal lakeside haven. Embrace the potential and make this picturesque setting your own. The shed, boat lift and the dock are included in the sale.

106 Sakatah Boulevard N Unit Cottage 1, Waterville

Listing courtesy of Relocation Today, Inc.

$75,000
6801917 MLS
Business opportunity in Waterville! This 1400 square foot building currently has split entrances with one side used as a beaty salon and the other side is unfinished. A great location in downtown Waterville!

215 Paquin Street E, Waterville

Listing courtesy of Realty Executives Associates.

$45,000
6816199 MLS

18627 Shelby Court, Waterville

Listing courtesy of .

$28,000
7061445 MLS
Are you looking for a buildable lot on the south side of Waterville? This double corner lot is ideally located next to a city park, walking trails, and several restaurants. The property currently features a garden shed, a large gardening area, raspberry bushes, and apple trees. You can choose to maintain it as a garden or begin building your dream home today. Drive by and take a look yourself!

425 2nd Street S, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

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