Waterville Real Estate

Waterville Real Estate

Welcome to Waterville, Minnesota – a hidden gem nestled in the heart of the Land of 10,000 Lakes! This charming city, with its picturesque landscapes and friendly atmosphere, offers a perfect blend of small-town charm and modern conveniences. Waterville is ideally located near the shores of Lake Tetonka, allowing residents to enjoy a wealth of outdoor activities, from boating and fishing to hiking and biking along scenic trails.

With a population of just over 1,500, Waterville fosters a close-knit community where neighbors become friends and local businesses thrive. The city boasts a rich history, reflected in its well-preserved architecture and the warmth of its residents. You’ll find delightful local shops, cozy cafes, and family-owned restaurants that serve up delicious meals, ensuring that you can enjoy the flavors of the region without venturing far from home.

Education is a cornerstone of Waterville, with highly-rated schools that emphasize a strong foundation for students of all ages. The city is also home to several parks and recreational facilities, making it easy for families to enjoy quality time together outdoors. Whether you’re picnicking in the park or attending local events, there’s always something happening in Waterville.

For those seeking a peaceful lifestyle with easy access to larger urban centers, Waterville is an ideal place to call home. With its stunning natural beauty, welcoming community, and ample opportunities for recreation, Waterville, Minnesota, is more than just a place to live – it’s a place to thrive. Come explore the charm and discover why so many have chosen to call Waterville their home!

Newest Listings in Waterville

308 Green Street W, Waterville
$399,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7170685 MLS ⋅ 1,904 SqFt.
Welcome to this charming 3 bedroom, 2 bath Cape Cod style home situated on a spacious .88 acre lot in Waterville. This property offers a wonderful combination of original character, thoughtful additions, and room to spread out both inside and out. Step inside to discover beautiful hardwood floors, generously sized bedrooms, and inviting living spaces. The kitchen features a double wall oven, cooktop, newer refrigerator, and convenient access to the dining area. A newer main level primary suite offers a private bathroom and two walk-in closets, while main floor laundry adds everyday convenience. Relax in the heated, enclosed front porch featuring warm knotty pine finishes, perfect for enjoying year round. Additional highlights include an attached garage and foyer with in-floor heat, and an impressive collection of outbuildings, including a large detached garage, and historic granary. Outside, enjoy the patio and permanent gazebo overlooking the expansive yard. With its combination of character, functional updates, abundant storage, and nearly an acre of land, this Waterville property offers a rare opportunity to enjoy extra space right in town! Brand new furnace just hot installed.

308 Green Street W, Waterville

Listing courtesy of Century 21 Atwood.

14972 Sakatah Lake Road, Waterville
$89,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7169610 MLS ⋅ 553 SqFt.
Unique opportunity, 2-bedroom moveable cabin getaway, completely remodeled head to toe! Looking for the perfect little cabin retreat? The beautifully remodeled trailer offers a whole new look with its charming log-cabin exterior and modern interior. This fully furnished and remodeled trailer, deck and gazebo is ready to be moved onto your property, HUNTING land or LAKE Lot. The open layout provides a comfortable connection from the kitchen to the adjoining living room. Enjoy this beautifully remodeled kitchen features rich, dark cabinetry and stylish mosaic tile backsplash. The spacious center island with breakfast bar seating offers the perfect spot for gathering with friends. With wall-to-wall windows offering an abundance of views and light, you will love this cozy living room!  The full bathroom is fresh and inviting with crisp white back splash, white countertops and natural light. Steel Roof is a plus! Please note this purchase is for the Trailer and accompanying deck and gazebo only, not the land. This trailer is currently located at 14972 Sakatah Lake Road, in Waterville on leased land and must be moved off this property. Buyer will be responsible for arranging and completing the removal and relocation of the home from the current property to a location of the buyers choosing, at buyers' expense.

14972 Sakatah Lake Road, Waterville

Listing courtesy of True Real Estate.

316 Mill Street S, Waterville
$279,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7166560 MLS ⋅ 2,504 SqFt.
Room to Spread Out in the Heart of Lake Country – 0.68 Acre This rambler sits on a big 0.68-acre lot in Waterville, with mature shade trees, a wide-open yard and plenty of room for gardening, play or a future shop. The main level is open, with luxury vinyl plank floors throughout. The living room has a stone-surround fireplace, and the dining area flows into an updated kitchen with white cabinets, butcher-block-style counters, stainless appliances and a sliding door out to the deck. The main level has [3] bedrooms and a full bath. Downstairs, a large family room with beamed ceilings has plenty of space for a home office, gaming or movie nights. The lower level also has [an additional bedroom], a ¾ bath with a walk-in shower and a sauna for winter nights. There’s also a big utility and storage area with a second kitchen setup, plus laundry. Other features include central air and an attached 2-car garage with workshop space. Outside you’ll find the deck, a partly fenced yard and a long driveway with plenty of parking. Waterville sits between Lake Tetonka and Lake Sakatah. Sakatah Lake State Park and the paved Sakatah Singing Hills State Trail are close by, so fishing, boating, biking and snowmobiling are all easy to get to. Small-town living with room to grow — schedule your showing today!

316 Mill Street S, Waterville

Listing courtesy of World ADN Inc.

415 Lind Street W, Waterville
$425,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7168301 MLS ⋅ 1,783 SqFt.
Wake up to scenic lake views! Tired of lawn care and shoveling snow? Here you go. The home has been nicely updated inside and is hard to find in a townhouse. Features an attached heated 2-car garage and a detached 2-car garage/workshop with a separate electric panel & 220 power. Both garages have overhead storage. Shingles and mechanicals updated in recent years. Move-in ready and built for comfort & hobbyists alike. The association does put in and take out 2 docks yearly for its members. Boat lifts are allowed should you want to put your boat or pontoon in.

415 Lind Street W, Waterville

Listing courtesy of Edina Realty, Inc..

525 Paquin Street E, Waterville
$470,000
ACTIVE Status ⋅ 7168569 MLS
Discover a golden opportunity in Waterville, Minnesota! This newly listed commercial property offers a thriving year-round restaurant that's been a local favorite for years. Recently renovated from top to bottom in spring/summer 2023, this turnkey business is ready for its next owner to step in and continue its success. The restaurant boasts a diverse menu featuring a wide variety of ice cream flavors, mouth-watering broasted chicken, juicy burgers, delicious baskets, and a full breakfast menu. Located conveniently off Highway 13 and near the beautiful Sakatah Lake, this restaurant benefits from both local traffic and visitors exploring the area. The prime location ensures a steady stream of customers year-round. This turnkey business opportunity includes all appliances, commercial kitchen equipment, indoor and outdoor seating, and any remaining inventory at closing. The sale even includes the business name "What's the Scoop, LLC," giving you a head start in brand recognition. This comprehensive package allows for a seamless transition and immediate operation. The complete renovation has transformed the space, creating a fresh and inviting atmosphere for diners. The quality of the build is evident throughout, from kitchen to the dining area. Whether you are an experienced restaurateur or an entrepreneur looking for an exciting venture, this property presents an excellent business opportunity. With its established customer base and recent upgrades, you will be well-positioned for success. Don't miss out on this chance to own a beloved local eatery in a charming Minnesota town. Schedule a viewing today and see for yourself the potential this property holds.

525 Paquin Street E, Waterville

Listing courtesy of Coldwell Banker River Valley,.

328 Main Street W, Waterville
$319,000
ACTIVE Status ⋅ 5 Beds ⋅ 4 Baths ⋅ 7161147 MLS ⋅ 3,249 SqFt.
ARE YOU LOOKING HERE? Amazing opportunity for your IN HOME BUSINESS--Great location on the west end of Main St, in quaint historic Waterville. Duplex would be perfect for a home day care, services office, or whatever you can imagine? Live right above where you work. Just think of the time you can save commuting to your job!! Tons of updates in this beautiful up-down duplex, including fresh paint, new furnace and water heater. Home features spacious kitchen with breakfast bar and informal dining. You will love the south facing sun porch for your morning coffee. Completely handicap accessible, with a ramp and main floor bedroom with a roll in shower. Main floor laundry and half bath conveniently located on this level as well. Gorgeous woodwork in main hallway will WOW you! Huge vaulted primary suite with walk in closet, and walk thru bath with jetted tub, and seperate shower. Third bedroom is vaulted, with access to jack and Jill bath too. Lower level apartment has completely one level living. There is a huge eat in kitchen. This rental unit has its own large laundry/Pantry closet off kitchen, living room, hall, and 2 bedrooms with a full bath to complete this level. Airy corner lot, conveniently located just blocks from downtown, the boat access, and the beach -for spectacular sunsets! The oversized 3 car garage is insulated, & has workbenches, with attic storage above. The private backyard is an awesome spot to host your summer parties and backyard barbeques. There are an abundance of places to entertain, with 2 patios, a deck and a wrap around porch to enjoy the outdoors. Have your tenant help pay for your mortgage! Don't miss this one!

328 Main Street W, Waterville

Listing courtesy of Keller Williams Preferred Rlty.

49261 Sportsmans Lane, Waterville
$399,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7158777 MLS ⋅ 768 SqFt.
Enjoy the best of lake life on beautiful Lake Tetonka! This 2-bedroom home is tucked away on a private drive along the West Bay, featuring approximately 120 feet of sandy shoreline and an unobstructed view directly across the lake. Whether you're relaxing by the water, playing in the sand, or enjoying your favorite lake activities, this property offers the perfect setting to make lasting memories. Built in 1955, this unique property has been cherished by the same family since its construction. Recent updates include a newer holding tank, LVP flooring, and A/C unit. The 2-stall garage and separate well pump house provide additional storage for all your lake essentials. The property also features a private well and septic system. Even better, the dock, newer Cub Cadet riding lawn mower, tools, and furniture are all included in the sale! With over 1,350 acres of recreational opportunities and a variety of fish to catch, Lake Tetonka is the perfect place to enjoy everything lake living has to offer. Don't miss your chance to own a piece of lakefront paradise!

49261 Sportsmans Lane, Waterville

Listing courtesy of Edina Realty, Inc..

316 Paquin Street W, Waterville
$174,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7148949 MLS ⋅ 1,050 SqFt.
Welcome to this 2-bedroom, 1-bath home offers the ease of main-level living with a bright, inviting layout. The kitchen features ample cabinetry, generous counter space, stainless steel appliances, and a walk-in pantry, with an open connection to the dining and living areas. Main-floor laundry adds everyday convenience. An attached garage provides parking and additional storage, while the unfinished basement offers even more room for storage or future possibilities. Outside, enjoy a spacious yard with room to garden, play, or relax. Come explore all this Waterville home has to offer!

316 Paquin Street W, Waterville

Listing courtesy of eXp Realty.

48953 N Shore Road, Waterville
$1,350,000
ACTIVE Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7153603 MLS ⋅ 3,676 SqFt.
Experience lakefront living at it's finest in this custom 4-bedroom, 4-bath home with more than 200 feet of south-facing shoreline on Lake Tetonka. Designed to showcase sweeping water and sunset views, the 3672 sq. foot residence features soaring windows, multiple fireplaces, a gourmet kitchen with a premium silestone island, a climate-controlled glass wine cellar, a luxurious main-level primary suite and a expansive walk out lower level. Step free lake access, generous outdoor entertaining spaces, and two oversized heated three car garages. This home is an exceptional year round retreat.

48953 N Shore Road, Waterville

Listing courtesy of RE/MAX Advantage Plus.

17075 Dickenson Lane, Waterville
$384,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7151446 MLS ⋅ 720 SqFt.
Welcome to lakeside living on beautiful Lake Tetonka in Waterville! This charming, move-in-ready cabin is being sold fully furnished, including a dock and pontoon lift. Thoughtfully updated while maintaining its cozy cabin feel, the main level features 2 bedrooms, a spacious living area, and an updated kitchen with new flooring and a center island—perfect for gathering with family and friends or preparing a meal after a day on the water. Outside, enjoy the maintenance-free spacious deck featuring low-voltage lighting, creating the perfect spot to relax and enjoy those warm summer evenings, plus 60 ft of lakeshore. After a swim, rinse off in the convenient outdoor shower before heading back to the lakefront. Whether you're looking for a weekend retreat, a summer getaway, or a place to simply slow down and enjoy lake life, this Lake Tetonka cabin is ready to welcome you home!

17075 Dickenson Lane, Waterville

Listing courtesy of RE/MAX Dynamic Agents.

16636 Shady Oak Lane, Waterville
$175,000
ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7150784 MLS ⋅ 661 SqFt.
Lake Tetonka takes center stage at this Waterville property, where a wooded waterfront setting gives you a quiet place to enjoy lake life from morning to night. Inside, knotty pine throughout adds warm cabin character, while the living room captures beautiful views of the water. Step out onto the front deck for another spot to take in the lake, relax outdoors, or spend time with friends and family. Down at the water’s edge, the boathouse provides convenient storage for lake gear, with an unfinished upper level offering additional possibilities for future use. Whether you’re looking for a year-round home, weekend getaway, or classic Minnesota cabin, this property offers a peaceful place to enjoy life along the water.

16636 Shady Oak Lane, Waterville

Listing courtesy of Kris Lindahl Real Estate.

517 1st Street S, Waterville
$319,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143944 MLS ⋅ 1,816 SqFt.

517 1st Street S, Waterville

Listing courtesy of BH Realty Group.

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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.

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