Waterville Homes under $750,000

Welcome to Waterville, Minnesota—a charming city that beautifully blends small-town warmth with the vibrancy of community life. Nestled in the heart of southern Minnesota, Waterville is known for its picturesque landscapes, friendly residents, and a strong sense of community. With its rich history and a range of recreational activities, Waterville offers an inviting atmosphere for families, retirees, and everyone in between.

One of the standout features of Waterville is its affordability in real estate. For those seeking homes under $750,000, the city presents a diverse selection of properties that cater to various lifestyles and preferences. From cozy single-family homes perfect for first-time buyers to spacious residences ideal for growing families, Waterville's real estate market is brimming with opportunities. Many of these homes boast modern amenities, beautiful yards, and proximity to local parks, making them great options for outdoor enthusiasts.

Living in Waterville means enjoying the best of both worlds—serene rural living with easy access to urban conveniences. The community is home to excellent schools, local shops, and delightful dining options, ensuring that residents have everything they need right at their fingertips. Plus, with the stunning beauty of nearby lakes and parks, outdoor adventures await just outside your doorstep.

Whether you're searching for your first home, a vacation retreat, or a place to settle down, Waterville, MN, offers a delightful blend of affordability, community spirit, and natural beauty. Explore the possibilities and discover your dream home in this enchanting city!

Newest Waterville Homes under $750,000

$180,000

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.

$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.

$199,000

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.

$114,000

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7145699 MLS ⋅ 968 SqFt.

Incredible opportunity awaits! Priced well below market ready for an investor or those looking to build sweat equity. Great original hardwood floors and an oversized 2-car garage. Just blocks from both Lake Tetonka and Sakatah Lake, you'll have easy access to boating, fishing, and swimming all summer, plus the scenic Sakatah Singing Hills State Trail nearby for biking and hiking. Waterville's charming downtown — self-proclaimed "Bullhead Capital of the World" and home to the annual Bullhead Days festival — offers local shops, dining, and small-town community charm, all within an easy commute of Mankato and Faribault via Highway 60 and I-35. Bring your vision and your tool belt: this is a rare chance to create serious value in a desirable lake town at a price that won't last.

315 Hoosac Street E, Waterville

Listing courtesy of RE/MAX Results.

$319,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143944 MLS ⋅ 1,816 SqFt.

517 1st Street S, Waterville

Listing courtesy of BH Realty Group.

$329,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7142086 MLS ⋅ 648 SqFt.

Stunning lake views on the North shore of Sakatah Lake! This 2 bedroom is absolutely charming, plus all the remodel work has been done for you: new sheetrock & paint, flooring, refrigerator, gas range, on-demand water heater, 3/4 bath. A gas fireplace and mini-split were added as well...and best of all, it's turnkey & ready for immediate possession. Aluminum dock and boatlift with canopy can stay, along with most of the household furnishings. Vinyl siding, garage & shed for storage make exterior maintenance a breeze. Besides lake activities, you're close to Sakatah State Park and Trail for biking, walking, snowmobiling-owners have used home in the winter. Start making your best memories here.

13899 Sakatah Lake Road, Waterville

Listing courtesy of Century 21 Atwood.

$550,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7137905 MLS ⋅ 2,586 SqFt.

Enjoy year-round lake living on the east shore of German Lake in this spacious walkout rambler offering over 2,500 square feet and one level living. The open kitchen, dining, and living areas feature vaulted ceilings and are perfectly positioned to capture elevated views of the lake and remarkable sunsets that never get old. The main level includes a generous primary suite with a private full bath, a second bedroom and full bath, plus the convenience of main-floor laundry. Step outside to the 32-foot deck overlooking the lake, with stairs leading down to the patio below. The walkout lower level offers an abundance of additional living space with a second kitchen, dining area, living room, oversized third bedroom, and third full bath. Whether you're entertaining family and friends or simply looking for room to spread out, the lower level provides exceptional flexibility with convenient walkout access to the lakeside. Additional features include an attached two-car garage, low-maintenance vinyl siding, and a private well. Whether you're looking for a year-round home or a seasonal lake retreat, this property offers the best of both worlds. Located just about an hour from Minneapolis-St. Paul International Airport, approximately 30 minutes from both Mankato and Faribault, and an easy drive from the south metro, it's close enough for weekend getaways while feeling worlds away.

46916 Glens Beach Road, Waterville

Listing courtesy of RE/MAX Advantage Plus.

$329,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7128181 MLS ⋅ 1,336 SqFt.

Welcome to 618 N 1st Street in Waterville! Situated on an impressive 2.32-acre lot right in town, this 3-bedroom, 2-bathroom home offers 1,336 finished square feet, plenty of space, and the charm of peaceful small-town living. Inside, you'll find a large kitchen and dining room combination with plenty of room for cooking, gathering, and entertaining. The relaxing screened-in porch is the perfect spot to enjoy your morning coffee, unwind at the end of the day, or simply enjoy the outdoors. The basement offers additional potential to make the space your own, including an egress window for a possible future bedroom. Create additional living space, a home office, hobby area, or whatever best fits your needs. Outside is where this property really stands out. With 2.32 acres in town, there's plenty of room to enjoy the property, while a 2-stall attached garage and separate single-stall shop at the rear provide additional space for vehicles, storage, hobbies, or projects. Offering space, versatility, and small-town living, 618 N 1st Street is ready for its next owners. Schedule your private showing today!

618 1st Street N, Waterville

Listing courtesy of Realty Executives Associates.

$649,900

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7128074 MLS ⋅ 3,437 SqFt.

Experience the perfect blend of rustic charm and modern comfort in this meticulously maintained Log home. This exquisite home features warm wood interiors, an open concept living area, spacious loft and large windows that fill the space with natural light and offers stunning views of the surrounding nature. Main level laundry, ½ bath and master bedroom with en-suite. The en-suite has a soaker whirlpool tub and shower to relax after a long day. Or snuggle up in the Grand room with soaring vaulted ceilings that feature the floor to ceiling custom stone gas fireplace which showcases the living and dining room area! The four-season porch/sunroom allows for another sitting room to take in the views with your favorite drink offering additional area to entertain. Outside, you’ll find the deck starts on the east side and wraps around the whole south side, providing ample outdoor living space, perfect for entertaining, gardening, or simply taking in the tranquil scenery. Views are simply breath taking and endless possibilities for entertaining. Airy loft provides yet another space to be creative and make it your own. Whether an additional bedroom, office or child’s playroom this adds tons of options and value. Downstairs welcomes you with reclaimed barnwood walls, a spacious family room with wet bar and 2 bedrooms. The ¾ bath features a 5 ft shower with body wash sprayers. Whether you’re looking for a year-round residence or a vacation getaway, this property offers the best of lake living- privacy, beauty and comfort all in one. Property includes 2-parcels for a total of 2.75 acres, deeded access to Horseshoe lake offering a peaceful retreat for boating, fishing and relaxing by the water. Plenty of room for your toys in the tuck under 3rd stall garage. Or better yet, make it a workshop that fits your hobbies, remember it’s heated! This Log home is A MUST SEE!

12782 218th Street W, Waterville

Listing courtesy of Edina Realty, Inc..

$160,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7126822 MLS ⋅ 1,175 SqFt.

This charming 2-bedroom, 2-bathroom home offers comfortable 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.

$119,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7125484 MLS ⋅ 1,136 SqFt.

This 2-bedroom home is packed with potential and ready for your finishing touches. The spacious kitchen offers plenty of counter space! Bathroom has been recently updated. A second main-level bathroom is partially finished and ready to complete. The 21x15 shop off the back of the garage features a concrete floor and electrical—perfect for projects, hobbies, or extra storage. Enjoy a flat, private lot with a storage shed, all conveniently located right in town. Bring your ideas and unlock the potential!

215 Buchannon Street N, Waterville

Listing courtesy of Epique Realty.

$269,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7120977 MLS ⋅ 1,356 SqFt.

Well-maintained and move-in ready, this beautiful home features new flooring, new water heater and water softener, a bright and clean interior, and stunning landscaping that creates wonderful curb appeal. Enjoy peaceful lake views from the property and a spacious outdoor setting that's perfect for relaxing or entertaining. Situated on higher ground, this home did not experience flooding during previous area flood events, offering added peace of mind. With its attractive updates, inviting living spaces, and scenic surroundings, this home offers a comfortable lifestyle in a beautiful location.

721 1st Street N, Waterville

Listing courtesy of eXp Realty.

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