$299,000

735 N Reed Street, Waterville, MN 56096

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$299,000

(50,000) 05/22/2026

735 N Reed Street Waterville, MN 56096 - Tetonka

For Sale MLS# 7040316

1 beds 1 baths 525 sq ft Single Family

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Data current as of 06/06/2026 12:01:19

Details for 735 N Reed Street

MLS# 7040316

Description for 735 N Reed Street, Waterville, MN, 56096 - Tetonka


The Lake is calling! All 2400+ acres of it! Enjoy this compact year round cabin with 40 feet of sandy shoreline and a gentle slope to the water, (yet the elevation prevented it from flooding) great for swimming, fishing, boating, and soaking up amazing views looking west across the lake while sitting in your 12x20 screened in covered porch! Close to town, food, gas, parks and trails and just steps from the Public Beach providing endless options for fun, gatherings, and recreation. The home is being sold as-is and includes all the furnishings, the dock, Pontoon and Solar powered lift. It's a gem in need of some repairs and TLC. The views and location alone make it a great opportunity for anyone looking to build equity and customize their personal lake retreat. Located just steps from the Waterville Public Beach and park, you’ll have endless options for family fun, gatherings, and outdoor enjoyment. City sewer and water, quick access to town for groceries and gas, and a spot on one of Southern Minnesota’s most desirable chains of lakes make this an unbeatable location.

Listing Information


Property Type: Residential, Single Family, Cabin (L)

Status: Active

Bedrooms: 1

Bathrooms: 1

Lot Size: 0.12 Acres

Square Feet: 525 sq ft

Year Built: 1950

Foundation: 543 sq ft

Stories: 1 Story

Construction: Frame/Wood

County: Le Sueur

Days On Market: 21

Construction Status: Previously Owned

School Information


District: Waterville-Elysian-Morristown #2

Room Information


Main Floor

Porch: 12x20

Bathrooms

3/4 Baths: 1

Additonal Room Information

Dining: Formal Dining Room,Open Floor Plan

Bath Description: Main Floor 3/4 Bath

Interior Features


Square Footage above: 525 sq ft

Appliances: Range/Stove, Refrigerator, Exhaust Fan/Hood, Microwave

Basement: Concrete Block, Crawl Space

Accessibility: No Stairs External, No Stairs Internal

Additional Interior Features: Vaulted Ceilings, Ceiling Fans, Window Coverings (L), Mechanicals - Water Heater-Gas,Water Softener-None,Circuit Breaker

Utilities


Water: City

Sewer: City

Cooling: Window

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Exterior: Wood

Roof: Asphalt Shingles

Lot Dimensions: 40x128

Additional Exterior/Lot Features: Porch, Deck, Dock, Tree Coverage - Medium, Road Frontage - City

Waterfront Details


Boat Facilities: Boat Facilities

Standard Water Body: Tetonka

DNR Lake ID: 40003100

Water Front Features: Lake

Water Frontage Length: 40 Ft.

Lake Acres: 1,358

Lake Depth: 35 Ft.

Lake Chain Acreage: 2,500

Driving Directions


From Hwy 60 turn N on Hwy 13, go across the bridge and turn L on N Reed St. Property is on the lake:-)

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 246000370

Tax Amount: 2962

Tax Year: 2025

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 735 N Reed Street

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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