Waterville Real Estate

Welcome to Waterville, Minnesota—a hidden gem nestled in the heart of southern Minnesota. This charming city, with a population of just over 1,300 residents, offers a delightful blend of small-town charm and vibrant community spirit. Known for its picturesque landscapes and friendly atmosphere, Waterville is the perfect place for those seeking a tranquil lifestyle amidst nature's beauty.

Waterville is ideally situated near the stunning shores of Lake Sakatah, providing residents with ample opportunities for outdoor recreation. Whether you're fishing, boating, or simply enjoying a leisurely stroll along the scenic trails, the natural beauty surrounding the city is sure to captivate you. The nearby Sakatah Lake State Park is a haven for hiking, biking, and wildlife watching, making it a popular spot for both locals and visitors alike.

The city boasts a rich history, with roots dating back to the late 1800s. You can explore its historical charm through various local landmarks and community events that celebrate its heritage. Waterville also prides itself on its strong sense of community, with friendly neighbors and a welcoming atmosphere that make it easy to feel right at home.

For families, Waterville offers excellent educational opportunities with its dedicated schools and a range of extracurricular activities. The city hosts various community events throughout the year, from seasonal festivals to farmers' markets, ensuring there’s always something happening to bring people together.

In Waterville, you’ll find not just a place to live, but a community to belong to. Discover the charm and warmth of Waterville, Minnesota, and see why so many choose to call this lovely city home.

Newest Listings in Waterville

$329,900

2 Beds ⋅ 1 Baths ⋅ 7142086 MLS

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.

$595,000

3 Beds ⋅ 3 Baths ⋅ 7137905 MLS

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.

$649,900

3 Beds ⋅ 2 Baths ⋅ 7134930 MLS

This house DID NOT flood in 2024. Are you looking for a beautiful, one-owner home on Lake Tetonka with over 50 feet of lakeshore? This property features three bedrooms (with potential for a fourth) and two bathrooms. The main floor offers a spacious living and dining area perfect for family gatherings, along with a kitchen featuring a large center island, solid wood cabinets, and stunning lake views. You will also find two generously sized bedrooms, a full bathroom, and laundry facilities on the main level. The upstairs includes a loft ideal for a home office and an expansive master suite complete with a private bathroom featuring a jet tub, shower, and double vanity. The master bedroom also includes a large walk-in closet that leads to a versatile bonus room above the garage, which could serve as an additional bedroom, playroom, or storage area. You do not want to miss out on this Lake home!

943 Reed Street N, Waterville

Listing courtesy of Weichert, REALTORS- Heartland.

$329,900

3 Beds ⋅ 2 Baths ⋅ 7128181 MLS

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

3 Beds ⋅ 3 Baths ⋅ 7128074 MLS

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..

$164,900

2 Beds ⋅ 2 Baths ⋅ 7126822 MLS

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.

$124,900

3 Beds ⋅ 1 Baths ⋅ 7125484 MLS

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.

$324,900

4 Beds ⋅ 2 Baths ⋅ 7125599 MLS

Enjoy the best of both worlds with this beautifully updated 4-bedroom, 2-bath home situated on 1.43 acres in Waterville. Tucked into a peacefulsetting with no neighboring homes and White Water Creek bordering the back of the property, you'll love the privacy and country feel while still being just minutes fromthe conveniences of town. The home has been extensively updated, including a new septic system, new windows, and a newly resurfaced deck (2022), new furnace,central air, and kitchen appliances (2023), a partially finished basement with new drywall and a fourth bedroom (2024), a new water heater, water softener, brand newcarpet throughout the home, and a new bathtub in the bathroom (2025), as well as a beautifully remodeled kitchen (2026). The main level offers three bedrooms, whilethe lower level provides additional living space and a newly finished fourth bedroom. Step outside to enjoy two spacious decks overlooking the peaceful backyard, agarden, and the serene views of White Water Creek, creating the perfect place to relax, entertain, or enjoy nature. You'll also love being just moments from the SakatahSinging Hills State Trail, perfect for enjoying scenic walks, bike rides, and the beauty of the outdoors. If you've been searching for privacy, space, and modern updateswithout giving up the convenience of an in-town location, this move-in-ready home is a rare find!

517 1st Street S, Waterville

Listing courtesy of BH Realty Group.

$275,000

3 Beds ⋅ 2 Baths ⋅ 7120977 MLS

Well-maintained and move-in ready, this beautiful home features new flooring, 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.

$285,000

3 Beds ⋅ 1 Baths ⋅ 7119354 MLS

Charming, well-maintained home on 3/4 acre lot! This home sits on a nice corner lot in town and features main floor bedroom, full bath, kitchen/dining room, cozy living room plus 2 additional bedrooms upstairs. There is a large 30x28 heated detached garage! Loads of nice updates including furnace in 2020, roof in 2021 and so much more!

828 Clinton Street E, Waterville

Listing courtesy of Realty Executives Associates.

$375,000

4 Beds ⋅ 1 Baths ⋅ 7104740 MLS

Welcome to this charming seasonal cabin on beautiful Lake Tetonka, where nearly 100 years of summers have been filled with laughter, sunsets, fishing, swimming, and time spent with the people who matter most. Built in 1930, this 4-bedroom, 1-bath retreat is full of character and nostalgia while offering everything you need to enjoy life at the lake. Perfectly situated on the east side of Lake Tetonka, this home offers stunning sunset views from the spacious screened porch and expansive lakeside patio. Whether you're enjoying your morning coffee, an afternoon card game, or relaxing with family and friends as the sun sets over the water, this is the perfect place to take in lake life. The boathouse provides convenient storage for all your lake toys, making it easy to enjoy everything the lake has to offer. Inside, the cabin offers four comfortable bedrooms, providing plenty of space for family and guests to create their own summer traditions. Just a short walk or golf cart ride into Waterville, you'll appreciate the convenience of nearby restaurants, shops, groceries, and everything you need for an easy weekend at the lake. Whether you're looking for a place to unplug, entertain, or continue a legacy that's been nearly a century in the making, this classic Lake Tetonka cabin is ready for its next chapter. All that's missing is your family and the memories waiting to be made.

911 Reed Street N, Waterville

Listing courtesy of True Real Estate.

$449,900

4 Beds ⋅ 2 Baths ⋅ 7108020 MLS

Virtual Tour is an informational Video! Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential, or guest accommodations, the private-access upper loft serves as a complete suite equipped with its own kitchen, living room, bedroom, and bath. Outdoor entertainment options abound with a versatile lakeside boat house that functions as a screened-in porch during summer months and offers drive-on ATV access for ice fishing in the winter. The massive 32x22 insulated and heated garage pulls double duty as the ultimate party space and for recreational toy storage. Located in a golf-cart and ATV-friendly community, residents enjoy casual transport to local restaurants, taverns, parks, and the city sand beach. Waterville serves as the perfect central rest stop along the 39-mile, fully paved Sakatah Singing Hills State Trail, spanning from Mankato to Faribault. This cottage is the ultimate destination to gather, relax, and create lasting memories with family and friends for years to come. Book your tour today. It can close fast so you can still enjoy lakelife this summer!

945 Reed Street N, Waterville

Listing courtesy of True Life Real Estate Solution.

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