Watertown Homes under $400,000

Welcome to Watertown, Minnesota – a charming city nestled in the heart of Carver County! Known for its small-town charm and vibrant community spirit, Watertown is the perfect place for families, young professionals, and retirees alike. With its picturesque landscapes and friendly atmosphere, this hidden gem offers a delightful escape from the hustle and bustle of larger cities while still providing easy access to urban amenities.

One of the most appealing aspects of Watertown is its affordable housing market. If you're searching for a beautiful home without breaking the bank, you’ll be pleased to know that there are numerous options available under $400,000. From cozy single-family homes to modern townhouses, Watertown boasts a diverse selection of properties that cater to various lifestyles and preferences. Many of these homes feature spacious yards, updated interiors, and proximity to local parks and schools, making them ideal for families looking to settle down.

In addition to its affordable housing, Watertown offers a wealth of recreational opportunities. Enjoy the great outdoors at nearby parks, lakes, and trails, or take part in community events that bring residents together throughout the year. With a strong sense of community and a commitment to preserving its rich history, Watertown is more than just a place to live; it’s a place to call home.

Whether you’re a first-time homebuyer or looking to downsize, Watertown’s real estate market has something for everyone. Come explore the possibilities and discover why so many are choosing to make Watertown their home sweet home!

Newest Watertown Homes under $400,000

$350,000

3 Beds ⋅ 2 Baths ⋅ 7149998 MLS

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.

$289,000

2 Beds ⋅ 2 Baths ⋅ 7148777 MLS

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.

$340,000

3 Beds ⋅ 3 Baths ⋅ 7148163 MLS

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..

$315,000

3 Beds ⋅ 2 Baths ⋅ 7138580 MLS

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.

$275,000

3 Beds ⋅ 2 Baths ⋅ 7116809 MLS

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.

717 Green Avenue SE, Watertown

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

$288,900

3 Beds ⋅ 2 Baths ⋅ 7059072 MLS

*** SELLER OFFERING UP TO $5,000 TOWARD BUYER CLOSING COSTS OR INTEREST RATE BUY-DOWN! *** Outstanding value under $290k in Watertown! Built in 2020, this turn-key twin home features fresh paint, brand-new carpet, upgraded kitchen appliances, and a custom walk-in pantry. Enjoy single-level living potential on the main floor, relax on your private deck, or finish the lower level—already plumbed for a bath—to instantly build equity and add functional living space. Low HOA fees ($214/mo) cover lawn and snow care for true hassle-free living. Bonus Financing Option: Features an ASSUMABLE 3.375% FHA mortgage (~$236k balance) for qualified buyers, or bring your standard financing with seller credits applied!

1411 Riverpointe Road, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$275,000

2 Beds ⋅ 1 Baths ⋅ 7066261 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7017195 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7017187 MLS

653 Hawthorne Lane, Watertown

Listing courtesy of Keller Williams Realty Integrity Lakes.

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