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  • $579,500

    48937 N Shore Rd, Waterville, MN 56096

    3beds
    2,632sqft
    Single Family
    Built in 1989
    1 Acres Lot
    $593,900 Zestimate®
    $220/sqft
    $2,528 Estimated rent

    Home value

    $593,900

    $564,000 - $624,000

    $2,528/mo

    Zestimate® history
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    What's special

    Get a jump on the summer season! Remarkable 160 ft of lakeshore on Tetonka Lake is calling your name. With endless recreational opportunities and stunning views, this is the ideal spot to create cherished memories. Private 1 acre wooded lot provides the perfect escape! This 1989 one story provides over 2600 sf of space. Highlights include a wood burining fireplace, breakfast bar, primary bedroom with 3/4 bath, main floor laundry, jetted tub, central air, vinyl siding and spacious lower level with tons of storage room. This perfect setting offers over 750 sf of lakefront deck space, complete with a pergola plus a covered sitting area at the lake. Beautiful landscaping surrounds the property showcasing numerous perennials plus a greenhouse to start your own from seed. Almost 1300 sf garage is heated and insulated and 3rd stall drives thru to lakeside providing easy access to all your lake toys plus there are 2 storage sheds for additional lawn items. Ashphalt driveway to lake plus concrete sidewalks to steps and sheds. Tetonka Lake plus access to adjoining lakes give you over 2500 acres to explore by boat. Waterville is only 30 min to Mankato and 22 min to I35 access. This lakeshore retreat truly combines convenience, comfort, and natural beauty!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daryl Bauer 952-240-5773,

    Re/Max Advantage Plus

    Bought with:

    Travis Sagedahl

    Sagedahl Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6672952MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 2
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 3
    • Level: Lower
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Primary bathroom
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 12x6
    Bathroom
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 8x11
    Bathroom
    • Level: Lower
    • Area: 36 Square Feet
    • Dimensions: 6x6
    Deck
    • Level: Main
    • Area: 480 Square Feet
    • Dimensions: 24x20
    Deck
    • Level: Main
    • Area: 136 Square Feet
    • Dimensions: 8x17
    Deck
    • Level: Main
    • Area: 105 Square Feet
    • Dimensions: 7x15
    Family room
    • Level: Lower
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Informal dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Kitchen
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Laundry
    • Level: Main
    • Area: 15 Square Feet
    • Dimensions: 5x3
    Living room
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 16x17
    Recreation room
    • Level: Lower
    • Area: 221 Square Feet
    • Dimensions: 13x17
    Sitting room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 22x8
    Storage
    • Level: Lower
    • Area: 264 Square Feet
    • Dimensions: 22x12
    Utility room
    • Level: Lower
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: Laundry Closet, Main Level
    Features
    • Basement: Daylight,Egress Window(s),Finished,Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 2,632
    • Total interior livable area: 2,632 sqft
    • Finished area above ground: 1,412
    • Finished area below ground: 952

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (38x34)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Lake, Panoramic, South, West
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Waterfront Elevation(15-26)
    • Frontage length: Water Frontage: 160
    Lot
    • Size: 1 Acres
    • Dimensions: 130 x 290 x 161 x 265
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Additional structures: Greenhouse, Storage Shed
    • Foundation area: 1220
    • Parcel number: 140192525
    • Zoning description: Shoreline,Residential-Single Family
    • Other equipment: Fuel Tank - Rented

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Foundation: Wood
    • Roof: Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Propane
    • Sewer: Septic System Compliant - Yes
    • Water: Drilled, Shared System, Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Waterville

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $529,700
    • Annual tax amount: $4,604
    • Date on market: 2/24/2025
    • Cumulative days on market: 158 days

    Price history

    DateEventPrice
    9/1/2026Listing removed$609,000$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    7/23/2026Price change$609,000-1%$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    6/12/2026Price change$615,000-0.8%$234/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    5/20/2026Price change$620,000-2.4%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    4/29/2026Price change$635,000-2.3%$241/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    4/8/2026Listed for sale$650,000+12.2%$247/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
    4/24/2025Sold$579,500$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
    3/7/2025Pending sale$579,500$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
    2/24/2025Listed for sale$579,500+1.8%$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
    10/10/2024Listing removed$569,000-1.7%$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
    8/29/2024Price change$579,000-3.3%$220/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
    8/6/2024Listed for sale$599,000+84.3%$228/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
    8/31/2017Sold$325,000-3%$123/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4796494 Report a problem
    7/22/2017Pending sale$335,000$127/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
    5/15/2017Price change$335,000-2.9%$127/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
    2/20/2017Listed for sale$345,000+1.5%$131/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
    12/31/2016Listing removed$340,000$129/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem
    10/13/2016Price change$340,000-2.9%$129/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem
    6/17/2016Listed for sale$350,000$133/sqft
    Source: Edina Realty Faribault #4072303 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,856 +5.9%$529,700 +0.7%
    2024$4,586 +7.2%$526,200 +1%
    2023$4,278 +10.3%$520,900 +12.5%
    2022$3,878 +4.3%$463,000 +27.9%
    2021$3,718 -0.6%$362,100 +7.7%
    2020$3,742 +0.4%$336,100 +2.1%
    2019$3,727 +3.3%$329,100 +7.9%
    2018$3,607 +20%$305,100 +5.5%
    2017$3,005 -2.8%$289,100 -5.4%
    2016$3,091 -2.1%$305,600
    2015$3,157 +16.9%$305,600 +3.3%
    2014$2,701 -1.1%$295,900 -0.1%
    2013$2,732 -7.5%$296,300 -4.7%
    2012$2,952 -2.7%$310,800 -7.8%
    2011$3,034 +6.1%$337,200 -2.2%
    2010$2,860 +7.4%$344,900 +1.4%
    2009$2,664 $340,100
    Find assessor info on the county website

    Neighborhood: 56096

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $593,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $593,900