Watertown Homes under $400,000

Welcome to Watertown, Minnesota, a charming city nestled in the heart of Carver County. Known for its picturesque landscapes and a tight-knit community, Watertown offers a unique blend of small-town charm and modern conveniences. With a rich history dating back to the mid-1800s, this vibrant city is filled with friendly faces and a welcoming atmosphere that makes it a perfect place to call home.

Watertown boasts a variety of recreational opportunities, from scenic parks and trails to the stunning waters of the nearby Crow River. Residents enjoy a plethora of outdoor activities, including hiking, biking, and fishing, making it an ideal spot for nature enthusiasts. The city also hosts several community events throughout the year, fostering a strong sense of belonging among its residents.

For those seeking affordable housing options, Watertown is a hidden gem. With homes available for under $400,000, you can find a range of properties that cater to various lifestyles and preferences. From charming single-family homes with spacious yards to modern townhouses, there is something for everyone. The local real estate market is thriving, and buyers can take advantage of competitive prices without compromising on quality.

Moreover, Watertown's proximity to the Twin Cities means that residents can enjoy the tranquility of suburban living while still having easy access to urban amenities. With excellent schools, a friendly community, and a wealth of recreational opportunities, Watertown is not just a place to live—it's a place to thrive. Come explore the possibilities and discover your dream home in this delightful city!

Newest Watertown Homes under $400,000

$369,900

COMING SOON Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7139702 MLS ⋅ 1,362 SqFt.

Better than new, and move-in ready. Built in 2021, this home delivers the open, easy-living floor plan buyers keep asking for — without the wait or the price tag of new construction. A welcoming entry opens into a bright, connected living space where the kitchen, dining area, and spacious family room flow together, making everyday life and weekend hosting equally effortless. The private owner's suite sits apart from the secondary bedrooms and includes a 3/4 bath and a generous walk-in closet. Two additional bedrooms and a second full bath give you flexible room for family, guests, or a home office. The three-car garage is the detail that sells this house: room for two vehicles plus the lawn gear, boat trailer, hockey bags, and tools. Original-owner care shows throughout, with modern finishes and mechanicals still in their early years. All of this sits minutes from downtown Watertown, local parks and trails, Watertown-Mayer schools, and an easy Highway 25/Highway 7 commute toward the western metro — small-town pace, big-metro access. Seller is offering a Buydown with a full-price offer! This incentive can reduce your monthly mortgage payments over the first 3 years!

902 Poplar Lane, Watertown

Listing courtesy of Coldwell Banker Realty.

$300,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7161156 MLS ⋅ 1,559 SqFt.

Welcome to this charming and beautifully updated 3-bedroom, 2-bathroom home in a quiet Watertown neighborhood, conveniently located within walking distance of downtown and nearby parks, including Highland Park! The spacious front living room features abundant natural light, carpeting, a shiplap accent wall, and wall-mounted organization. The updated eat-in kitchen offers stylish custom cabinetry with soft-close doors and drawers, luxury plank flooring, and an inviting open layout. Two bedrooms and an updated full bathroom complete the main level, including a versatile second bedroom with a built-in Murphy bed and surrounding shelving. Walkout access leads to the fully fenced backyard with two concrete patios, one with a covered overhang and another with a privacy wall, plus a 12x10 storage shed and a sandbox that could easily be converted into a garden bed. The oversized heated 1-stall garage includes a workbench and additional storage space. The lower level offers a spacious family room/recreation area, third bedroom with egress window, beautifully remodeled ¾ bathroom, and a 10x6 unfinished storage room with shelving. Numerous updates include windows and doors (2016–2020), concrete driveway (2016), concrete patio (2019), roof (2019), siding, kitchen and flooring (2020), updated bedrooms (2016–2023), bathrooms (2026), and furnace (2026). Move-in ready and close to downtown, parks, and everyday amenities!

409 Westminster Avenue SW, Watertown

Listing courtesy of eXp Realty.

$325,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7160735 MLS ⋅ 2,343 SqFt.

Premium end unit with a sweet design featuring front and back covered porches. The main level offers an open concept layout with a spacious living room, dining room, and a large kitchen anchored by a center island, plus a convenient half bath. You'll also appreciate the updated sound and security windows on this level. The upper level adds a family room, a large primary suite with full bath, two gorgeous bedrooms, and additional full bath, and a dedicated laundry area.

675 Sienna Drive, Watertown

Listing courtesy of Edina Realty, Inc..

$284,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7158092 MLS ⋅ 1,915 SqFt.

Welcome to Watertown! This quaint and charming community offers small town living on the scenic Crow River, Luce Line Trail offers walking and bike trails just a short walk from your door, a charming historic downtown and wonderful local traditions! This is a great opportunity to get an updated home priced under 300K. This twin home has it all! Spacious living areas including an oversized fenced in yard and storage shed. Newer roof and siding. Freshly painted interior, Ample storage space in the 2 car garage. Spacious entry, kitchen boasts oak cabinetry, newer fridge and LVT flooring, dining area has plenty of space for a utility desk or hutch. This home is light and bright and offers one level living! Lawn sprinkler system too.

704 Reo Road, Watertown

Listing courtesy of Coldwell Banker Realty.

$325,000

ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7157967 MLS ⋅ 2,010 SqFt.

Welcome to this beautifully remodeled 5-bedroom, 3-bathroom two-story home offering 2,010 finished square feet in the heart of Watertown! Combining classic charm with modern updates, this home has been thoughtfully remodeled throughout. Step inside to discover an inviting interior featuring updated flooring, lighting, and stylish finishes. The spacious kitchen is a standout, featuring a center island, updated cabinetry, countertops, and beautiful wood-accent ceilings that add warmth and character. With five bedrooms, there's plenty of flexibility for family, guests, a home office, or additional living space. All three bathrooms have been updated, including a full bathroom, a three-quarter bathroom, and a convenient half bath. Enjoy the welcoming covered front porch, spacious yard, and mature trees. The detached two-car garage provides additional parking and storage, including a generous unfinished upper-level area with exciting possibilities. Conveniently located near local parks, shopping, dining, and everyday amenities, this move-in-ready home offers the perfect combination of space, character, and modern comfort. Don't miss this opportunity!

501 White Street SW, Watertown

Listing courtesy of Bridge Realty, LLC.

$340,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7149998 MLS ⋅ 2,397 SqFt.

Set on nearly half an acre, this rambler combines generous outdoor space with a bright, open main level and plenty of character inside. The inviting living room is anchored by a floor-to-ceiling brick fireplace that extends into a distinctive brick archway, while large windows bring in abundant natural light. The kitchen features stainless steel appliances, a center island with breakfast bar seating, and an easy connection to the main living spaces. A sunroom on the main level offers another comfortable place to relax, with stairs leading to the deck and backyard. Two bedrooms and an updated full bathroom are conveniently located on the main floor. The finished lower level adds even more versatility with a spacious family room, a second full bathroom, and an oversized third bedroom. Fresh paint throughout, all-new carpet, and an outdoor storage shed complete this move-in-ready home.

405 Green Avenue SE, Watertown

Listing courtesy of Kris Lindahl Real Estate.

$284,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7148777 MLS ⋅ 2,724 SqFt.

Charming and inviting 2 bedroom home with wonderful character and comfortable main-level living! All living facilities are conveniently located on the main level, making everyday living easy and accessible. The home features newer appliances, a new A/C unit and furnace, and a beautiful rear porch with an additional sunroom—perfect for relaxing, enjoying your morning coffee, or taking in the peaceful surroundings. The lower level offers excellent potential for additional living space, including a room with an egress window that could function as a third bedroom with the addition of a closet. Outside, the beautiful backyard is filled with established gardens, creating a lovely private setting to enjoy throughout the seasons. A charming home with character, thoughtful updates, and wonderful indoor and outdoor spaces!

304 Territorial Street E, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$265,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7116809 MLS ⋅ 2,020 SqFt.

Well-maintained 3-bedroom, 2-bath walkout rambler in a quiet setting with convenient main-level living. Open-concept layout with newer flooring and carpet, kitchen with center island, spacious bedrooms and new hot water heater. Walk-out lower level offers a second kitchen and additional living space. Insulated garage, back deck, and patio. Additional updates throughout provide extra convenience for everyday living. Best deal around!

717 Green Avenue SE, Watertown

Listing courtesy of Vanderlinde Group | Edge Realty, Inc..

$275,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7066261 MLS ⋅ 1,632 SqFt.

Welcome home to this modern townhome set in a peaceful neighborhood while still offering quick access to everyday conveniences. The area features paved walking trails, a community park, and nearby options for dining, groceries, and local retail. The main level showcases an open floor plan that supports daily living. The kitchen includes stainless steel appliances, a center island, and luxury vinyl plank flooring. The lower level now features a newly finished family room. Both bedrooms have walk-in closets and share a full bathroom with dual sinks. Step outside to the deck, complete with maintenance-free decking. This home blends comfort, convenience, and quality—move-in ready and waiting for its next owner.

1475 Riverpointe Road, Watertown

Listing courtesy of Keller Williams Realty Integrity Northwest.

$386,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7017195 MLS ⋅ 1,362 SqFt.

To be built by Loomis Homes. Welcome to the Linden II! This model features an open floor plan with lots of natural light! On the main floor is a large family room, kitchen with a window and center island and the dining area. Heading down the hallway from the kitchen leads you to 3 bedrooms and 2 bathrooms with the primary suite having a private 3/4 bath and walk-in closet. The Linden II also includes a roomy front entry with a nice closet that has doorways to the front porch and convenient 3 car garage. Make your preferred selections for your new home at our design center! We are happy to provide info on other lots and models available!

673 Hawthorne Lane, Watertown

Listing courtesy of Keller Williams Realty Integrity Lakes.

$386,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7017187 MLS ⋅ 1,362 SqFt.

653 Hawthorne Lane, Watertown

Listing courtesy of Keller Williams Realty Integrity Lakes.

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Watertown Homes under $400,000

Newest Watertown Homes under $400,000

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