Welcome to this charming and well-maintained home in the heart of downtown Waconia, just steps from City Square Park, Lake Waconia, and all the best local shops and dining! This beautiful property features three bedrooms on one level, two baths, and a generous layout that’s perfect for both relaxation and entertaining.
You’ll love the spacious rooms, neutral paint tones, and versatile upper-level loft, which could easily be transformed into an additional bedroom, office, or playroom. The wide-open lower level is ready for your personal touch, offering endless possibilities to expand your living space.
Outside, a private patio leads to a beautifully landscaped oversized yard—a rare find in this sought-after location. With an oversized 28 x 26 garage and framed attic space above, there’s plenty of room for storage or future expansion.
Closed
$400,500
324 S Olive St, Waconia, MN 55387
3beds
2,601sqft
Single Family
Built in 1949
10,715.76 Square Feet Lot
$404,400 Zestimate®
$154/sqft
$2,916 Estimated rent
Home value
$404,400
$368,000 - $445,000
$2,916/mo
Zestimate® history
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$2,456/mo
Est. payment
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$2,456/mo
Est. payment
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List your homeWhat's special
Beautifully landscaped oversized yardSpacious roomsNeutral paint tonesGenerous layoutPrivate patioVersatile upper-level loft
Zillow last checked:
Listing updated:
Listed by:
Sally B Scrimgeour 952-200-9461,
eXp Realty
Bought with:
Danielle Engebretson
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6677835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 3
- Level: Upper
- Area: 252 Square Feet
- Dimensions: 21x12
Dining room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Office
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x09
Heating
- Baseboard, Boiler, Hot Water, In-Floor Heating
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: Block,Full,Sump Pump
Interior area
- Total structure area: 2,601
- Total interior livable area: 2,601 sqft
- Finished area above ground: 2,022
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Gravel, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (28x26)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 10,715 sqft
Details
- Foundation area: 1296
- Parcel number: 755030040
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Waconia
- Subdivision: Volkenants 3rd Add
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Sold | $400,500+9.8%$154/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6677835 Report a problem | ||
| 3/25/2025 | Pending sale | $364,900$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6677835 Report a problem | ||
| 3/21/2025 | Listed for sale | $364,900+11.9%$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6677835 Report a problem | ||
| 6/30/2021 | Sold | $326,000+12.5%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5752066 Report a problem | ||
| 5/24/2021 | Pending sale | $289,900$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5752066 Report a problem | ||
| 5/20/2021 | Listed for sale | $289,900+61.1%$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5752066 Report a problem | ||
| 9/10/2014 | Sold | $180,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,224 +3.5% | $366,000 +5.6% |
| 2024 | $4,080 +1.9% | $346,500 +2% |
| 2023 | $4,004 +18.5% | $339,700 -0.5% |
| 2022 | $3,378 +3.1% | $341,500 +35.1% |
| 2021 | $3,276 +4.1% | $252,700 +4.2% |
| 2020 | $3,146 +18.5% | $242,500 +0.5% |
| 2019 | $2,654 | $241,300 +17.6% |
| 2017 | $2,654 +16.1% | $205,100 +26.7% |
| 2016 | $2,286 | $161,900 +8.7% |
| 2015 | $2,286 +14.3% | $149,000 +14.4% |
| 2014 | $2,000 -3.2% | $130,300 -15.2% |
| 2013 | $2,066 -4.5% | $153,700 +0.4% |
| 2012 | $2,164 -1.7% | $153,100 -11.2% |
| 2011 | $2,202 +11.3% | $172,400 |
| 2010 | $1,978 +0.2% | -- |
| 2009 | $1,974 -10.7% | $188,700 -7.1% |
| 2008 | $2,210 | $203,200 +6.4% |
| 2007 | -- | $191,040 +2.4% |
| 2005 | -- | $186,609 +24.7% |
| 2004 | -- | $149,641 |
| 2002 | -- | -- |
| 2001 | $1,073 -8.8% | -- |
| 2000 | $1,177 | -- |
Find assessor info on the county website
Neighborhood: 55387
Nearby schools
GreatSchools rating
- 9/10Southview Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Waconia Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Waconia Senior High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$404,400
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Estimated market value
$404,400
- Minnesota
- Carver County
- Waconia
- 55387
- 324 S Olive St
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Nearby zip codes
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