Saint Peter Homes under $400,000

Welcome to Saint Peter, Minnesota – a charming city that perfectly blends small-town warmth with vibrant community spirit. Nestled along the banks of the picturesque Minnesota River, Saint Peter is known for its rich history, friendly residents, and a plethora of outdoor activities. With a population of around 11,000, this delightful city offers a close-knit atmosphere while still providing access to modern amenities and services.

Saint Peter boasts a variety of parks, trails, and recreational opportunities, making it an ideal destination for nature lovers and outdoor enthusiasts. The city is home to the beautiful Minneopa State Park, where you can explore stunning waterfalls, hike scenic trails, and even spot bison roaming the prairie. Additionally, the local arts scene is thriving, with galleries, theaters, and events that celebrate the creative spirit of the community.

For those seeking a place to call home, Saint Peter offers an impressive selection of homes under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you'll find a diverse range of properties that cater to various lifestyles and preferences. From charming historic homes to modern constructions, there’s something for everyone in this welcoming community.

With its affordable housing options, excellent schools, and a strong sense of community, Saint Peter is not just a place to live – it’s a place to thrive. Discover your dream home in this delightful city and become part of the Saint Peter story today!

Newest Saint Peter Homes under $400,000

$349,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7151939 MLS ⋅ 1,520 SqFt.

*MOVE-IN READY - COMPLETED NEW CONSTRUCTION - 3 BEDROOM, 2 BATH PATIO HOME WITH ONE-LEVEL LIVING!* Ready to settle into a home where everything you need is conveniently located on one level? This *3-bedroom, 2-bath patio home* features a spacious open floor plan with vaulted ceilings throughout the main living area, creating an inviting flow between the kitchen, dining, and living spaces. The kitchen is centered around a large island and features granite countertops along with a pantry for additional storage. The open design provides plenty of room for meal preparation, casual seating, and gathering while staying connected to the surrounding living spaces. The primary bedroom offers its own private 3/4 bathroom featuring *dual sinks and quartz countertops*, along with a walk-in closet. Two additional bedrooms are conveniently located near the full bathroom, which features a single sink and quartz countertop. A separate linen closet in the hallway provides additional storage near the bedrooms and main bathroom. From the garage, step directly into the *mudroom*, which connects to the home's entryway and provides a practical transition between the garage and main living spaces. This home is truly ready to enjoy, with the *concrete driveway, 4' x 6' concrete landing pad, and fully sodded yard all complete*. With 3 bedrooms, 2 bathrooms, vaulted ceilings, an open floor plan, generous kitchen storage, and everything located on one level, this move-in ready patio home offers a comfortable and functional layout without the wait!

1088 Cullen Street, Saint Peter

Listing courtesy of Miller Real Estate.

$219,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7149145 MLS ⋅ 1,298 SqFt.

Charming, well cared for, and full of character, 428 W Broadway Ave is nestled in the heart of St. Peter, within walking distance of your favorite local businesses and community events. New roof installed in May, 2026. Inside, you’ll find the timeless details and character that make older homes so special. The main level offers a bright kitchen with oak cabinetry, a full bathroom, dedicated office space, and generously sized living and dining rooms that provide plenty of room to gather and relax. Upstairs, you’ll find three bedrooms conveniently located on the same level. The basement is well-lit and includes an unfinished but functional half bathroom. Outside, enjoy a nice-sized corner lot with a welcoming front porch, detached one-stall garage, and plenty of space to make the property your own. With its inviting character and walkable location this well-kept home offers a wonderful opportunity to put down roots and make homeownership a reality in one of the area’s lovely communities.

428 W Broadway Avenue, Saint Peter

Listing courtesy of Edina Realty, Inc..

$214,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143892 MLS ⋅ 1,792 SqFt.

Welcome to this fantastic 4-bedroom, 2-bathroom, 1 car garage rambler in an awesome in-town location! This home offers comfortable living spaces, plenty of bedrooms, off street parking, and the added benefit of a rental license. Recent updates include a brand-new roof, providing peace of mind for years to come.Whether you're looking for a great place to call home or an investment opportunity, this property is worth a look!

509 College Avenue, Saint Peter

Listing courtesy of True Real Estate.

$334,900

ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7138680 MLS ⋅ 2,224 SqFt.

Triplex near North Elementary. Two upper units each have 2 bedrooms, 1 bath, hardwood floors, central air, private unfinished basement for storage / laundry with washer and dryer in both, 2 entrances and shared deck. Lower level has 1 bedroom, 1 bath and wall a/c unit, long-term tenant. New roof and gutters installed in 2026, both central air units (2022 and 2024), windows (2021). Equipped with 3 water heaters, 3 furnaces, and separate gas and electric meters (upgraded to circuit breakers 2020). Recent updates and leases in place make this a turnkey investment with upside income potential.

706 N 8th Street, Saint Peter

Listing courtesy of Century 21 Atwood.

$354,900

ACTIVE Status ⋅ 5 Beds ⋅ 2 Baths ⋅ 7123017 MLS ⋅ 2,480 SqFt.

Welcome to peaceful country living with the ultimate convenience of being just minutes from town on a paved road. This move-in ready 5-bedroom, 2-bathroom property combines rural charm with major modern upgrades, offering an expansive layout ideal for any lifestyle. The main level provides plenty of room to spread out, including a freshly updated bathroom and primary bedroom. The true highlight of this home is the completely finished basement added new in 2016. Designed with extra tall ceilings, this impressive lower level feels remarkably open, and inviting, a rare feature that transforms the space into the ultimate hub for entertainment, or a sprawling recreation room. Step outside to enjoy the quiet privacy and scenic views of rural living without sacrificing daily convenience. Situated directly on a smooth, paved road so you can skip dusty gravel commutes, you remain just a quick drive from local schools, shopping, and dining. Schedule your private tour today to see everything this unique property has to offer!

37524 County Road 15, Saint Peter

Listing courtesy of Keller Williams Preferred Rlty.

$395,000

ACTIVE Status ⋅ 7 Beds ⋅ 4 Baths ⋅ 7135260 MLS ⋅ 2,533 SqFt.

Exceptional 7 Bedroom 4 Bath 4-Plex located on the corner of S. Minnesota Ave. and W. College Ave. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new exterior stucco repair and paint and some flooring. The property is licensed through the city and the gross rent is just under $4000/month. The tenants are responsible for paying their own electricity. There is ample off-street parking on the large gravel parking lot and the 3-stall garage. This turn key property is definitely one to look at.

820 S Minnesota Avenue, Saint Peter

Listing courtesy of Keller Williams Premier Realty.

$365,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7129971 MLS ⋅ 2,078 SqFt.

Perched atop the lovely St. Peter River Valley, this beautifully updated 4-bedroom, 2-bath home has been thoughtfully renovated from top to bottom and is truly move-in ready! A welcoming front deck, lush lawn, and beautiful landscaping create an inviting first impression. Step inside to a spacious living room featuring an open floor plan with sightlines all the way to the backyard. Hardwood flooring, along with new doors and trim, gives the main level a fresh, cohesive feel. The living room flows seamlessly into the dining area and completely updated kitchen, featuring custom white cabinetry, quartz countertops, a beautiful tile backsplash, and a large breakfast bar perfect for gathering and entertaining. Open to the kitchen is the stunning family room, updated with crisp white paneling, a new fireplace, and large windows showcasing the beautifully landscaped backyard. Step outside onto the composite rear deck and enjoy your own private oasis, surrounded by lush flowers, mature landscaping, and a large privacy fence along one side of the yard. Three spacious bedrooms are located on the main level, including one with original hardwood flooring. The completely remodeled full bath features a beautiful custom dual-sink vanity with quartz countertop, tile flooring, and in-floor heat. Downstairs, you'll find another large family room, a spacious fourth bedroom with egress windows, and a beautifully updated bathroom featuring custom tile work and a walk-in shower. A generous storage room and large utility/laundry room with epoxy flooring complete the lower level. In addition to the attached one-car garage, this property features an impressive newer 24' x 36' heated garage with 12' ceilings. Fully finished inside, it's an incredible space for vehicles, storage, hobbies, projects, or simply hanging out. The large concrete rear driveway provides even more usable outdoor space and is perfect for basketball, bike riding, and play. Extensive improvements include updated windows, siding, trim, doors, flooring, both bathrooms, kitchen, family room, new fireplace, front and rear decks, and an updated electrical panel with breakers. The home will also receive a new roof prior to closing. With extensive updates, fantastic indoor and outdoor gathering spaces, an incredible garage, and a beautifully landscaped private yard, this home is ready for you to move in and enjoy!

1314 N 5th Street, Saint Peter

Listing courtesy of Keller Williams Preferred Rlty.

$327,500

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7126441 MLS ⋅ 1,940 SqFt.

A corner-lot charmer with a garage you have to see. Four-bedroom, 2-bathroom home with an open-concept main level where the kitchen, dining, and living rooms flow together effortlessly. Slide open the patio door to a large deck and fenced yard — perfect for relaxing or entertaining. The primary suite is a true retreat, featuring a spacious walk-in closet and a walk-through bath. The showstopper is the 18x48 garage addition with a total of 5-6 stalls off the back of the home— whether it's vehicles, toys, or a workshop, this space delivers. Roof New in 2026.

1114 Engesser Lane, Saint Peter

Listing courtesy of True Real Estate.

$299,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7095958 MLS ⋅ 1,536 SqFt.

**UNDER CONSTRUCTION – 3 BEDROOM, 2 BATH PATIO HOME ON A CORNER LOT!** Enjoy the ease and convenience of one-level living with great access to Hwy 99 and Hwy 169! Situated on a **corner lot**, this thoughtfully designed patio home features 3 bedrooms, 2 bathrooms, an attached 2-car garage, and a bright, open-concept floor plan designed for comfortable everyday living. The spacious main living area brings the living room, kitchen, and dining area together beneath a vaulted ceiling, creating an open and inviting space for relaxing, gathering, and entertaining. The kitchen is beautifully finished with granite countertops, stainless steel appliances, soft-close cabinetry and drawers, a pantry, and a tile backsplash, providing plenty of function and storage for everyday use. The private primary suite offers its own bathroom with a walk-in shower, while the additional bathroom provides convenient access for the secondary bedrooms and guests. Both bathrooms feature quartz countertops for an added quality finish. Two additional bedrooms provide flexibility for family, guests, a home office, or additional living needs. A convenient laundry/mudroom is located just off the garage entrance, creating a functional transition into the home. With all 3 bedrooms, 2 bathrooms, laundry, and main living spaces located on one level, this home offers a practical floor plan without sacrificing space or quality. With its **corner lot location**, attached 2-car garage, vaulted ceilings, open-concept layout, quality finishes throughout, and convenient access to Hwy 99 and Hwy 169, this under-construction patio home has plenty to offer! Listing photos are of a previously built model. **Check with the City of St. Peter to see if you qualify for the $9,500 TIF program!**

2118 Nelson Street, Saint Peter

Listing courtesy of Miller Real Estate.

$329,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7091921 MLS ⋅ 1,864 SqFt.

NEW SEPTIC SYSTEM JUST INSTALLED! A rare opportunity to own a country retreat just ten min from Mankato. One owner home offering the kind of long term care and stewardship that's hard to find! 4 bedrooms, 2 bathrooms with original 1964 aesthetic throughout including beautiful wood floors. Sitting on 3 + acres the home connects to a 2nd parcel with 10+ acres of wooded hillside ideal for recreation, hunting, exploring, or simply enjoying the privacy. A large 36x90 barn provides exceptional storage, workshop space, or hobby potential. A truly unique chance to own land, space and a well cared for home with endless potential. Call today for a private showing!

48050 Old River Bluff Road, Saint Peter

Listing courtesy of Bridge Realty, LLC.

$299,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7064490 MLS ⋅ 808 SqFt.

Double lot on Lake Washington with approximately 78 feet of shoreline on a quiet bay and a flat, no-steps approach to the water. This seasonal, retro cabin sits on about 0.28 acres and greets you with calming lake views the moment you arrive. Inside you’ll find comfortable living space with built-in cabinets, and all the basics for a carefree summer at the lake. Outdoor living includes two decks, a designated fire-pit area, and an included Hewitt aluminum dock for easy lake access. Set on Lake Washington, one of southern Minnesota’s larger recreational lakes (around 1,400+ acres), this property offers boating and multi-species fishing within roughly 15–20 minutes of Mankato and an easy drive from the south-metro Twin Cities, Sioux Falls, and northern Iowa. City sewer and a private well serve the lot, creating a convenient, low-maintenance base to enjoy “lake life,” weekend getaways, or plan a future build on this shoreline site.

7008 Laura Lane, Saint Peter

Listing courtesy of Real Broker, LLC.

$389,000

ACTIVE Status ⋅ 7 Beds ⋅ 5 Baths ⋅ 7024459 MLS ⋅ 3,008 SqFt.

Your next investment property awaits you in St. Peter. This historic building with Victorian charm is a 4-plex that has been well taken care of and many updates have already been taken care of as well. The 4-plex is located one block from the Minnesota Square Park, close to Gustavus College and a short walk to all of the downtown amenities. There may be room behind the building to add garages. You would need to check with the City of St. Peter. The building has all new steel siding, new roof in Nov. 2023, new chimney with a new cement cap in Oct. 21, New stainless steel chimney liner from the top of the chimney to the furnace in May 21. All new appliances within the last 6 years, New water heater in 2019, Coin operated washer and dryer in the basement. New dryer in 2023. All windows are aluminum combination storm windows. The units are all leased and ready for a new owner.

804 S 4th Street, Saint Peter

Listing courtesy of Weichert Realtors, Community Group.

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