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Active
    • Price cut: $6K (7/23)
    $609,000

    48937 N Shore Rd, Waterville, MN 56096

    3beds
    2,364sqft
    : 
    $3,946/mo
    Get pre-qualified
    Single Family
    Built in 1989
    0.96 Acres Lot
    $601,400 Zestimate®
    $258/sqft
    $-- HOA

    What's special

    Oversized storage roomNew faucetLakeside firepitSpacious family roomUpdated lightingSitting roomHalf bath
    Video and interactive floor plan tour in virtual tour link. Welcome to your Lake Tetonka retreat where stunning views, incredible fishing, and laid-back lake life come together. With 160 feet of shoreline, this property offers the perfect escape for year-round living or relaxing weekends. A warm and inviting open layout with fresh paint, new carpet on main floor and updated lighting. The kitchen features all new stainless steel appliances and a new faucet. The large peninsula is perfect for gatherings, open to the dining and sunroom for entertaining. The living room centers around a stunning new gas fireplace and a large picture window that frames breathtaking lake views, bringing the outdoors in year-round. Step outside to the deck and unwind under the pergola with new lighting, surrounded by thoughtfully updated landscaping and hundreds of daffodils planted for spring. The lower level expands your living area with a lakeside third bedroom, a spacious family room and a sitting room, half bath, and an oversized storage room. Outdoors is where this property truly shines. A paved path down to the lake or the tiered stairs approach leads you down to the water, creating easy access to the shoreline. Enjoy evenings around the lakeside firepit, or easy fishing from your included dock and boat lift for a boating day on the lake. Lake Tetonka is well known for its excellent fishing—walleye, bass, panfish, and sunnies right off your dock—and even hosts local bass tournaments. The property also features a 3 car garage, 2 are heated with space for up to 6 vehicles. The third stall offers a rare pass-through design with a garage door also on the lake side. Bring gear to the lake via a paved path and easy path around the side of the garage. Three sheds and a greenhouse provide plenty of additional storage and flexibility. With thoughtful updates throughout, scenic views, and a setting designed for both relaxation and recreation, this is lake living at its best. Alright… let’s go fishing!
    119 days
    |
    1,125
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Sagedahl 612-325-5360,

    Sagedahl Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7036986MLS 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: 13 x 12
      Bedroom 2
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Bedroom 3
      • Level: Basement
      • Area: 121 Square Feet
      • Dimensions: 11 x 11
      Deck
      • Level: Main
      • Area: 480 Square Feet
      • Dimensions: 24 x 20
      Dining room
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13 x 12
      Family room
      • Level: Basement
      • Area: 270 Square Feet
      • Dimensions: 18 x 15
      Kitchen
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Library
      • Level: Basement
      • Area: 221 Square Feet
      • Dimensions: 17 x 13
      Living room
      • Level: Main
      • Area: 272 Square Feet
      • Dimensions: 17 x 16
      Storage
      • Level: Basement
      • Area: 264 Square Feet
      • Dimensions: 22 x 12
      Sun room
      • Level: Main
      • Area: 176 Square Feet
      • Dimensions: 22 x 08
      Utility room
      • Level: Basement
      • Area: 132 Square Feet
      • Dimensions: 12 x 11
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Air-To-Air Exchanger, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
      • Laundry: Laundry Closet, Main Level
      Features
      • Basement: Block,Daylight,Egress Window(s),Finished,Full,Storage Space
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Gas
      Interior area
      • Total structure area: 2,364
      • Total interior livable area: 2,364 sqft
      • Finished area above ground: 1,412
      • Finished area below ground: 952
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Asphalt, Floor Drain, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (38 x 34), Garage Door Height (8), Garage Door Width (8)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Lake, Panoramic, South
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front
      • Frontage length: Water Frontage: 160
      Lot
      • Size: 0.96 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: Residential-Single Family
      • Other equipment: Fuel Tank - Rented

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years,Asphalt
      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
      • Utilities for property: Underground Utilities

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $529,700
      • Annual tax amount: $4,984
      • Date on market: 4/4/2026
      • Cumulative days on market: 74 days

        Estimated market value

        $601,400

        $571,000 - $631,000

        $2,685/mo

        Price history

        DateEventPrice
        7/23/2026Price change$609,000-1%$258/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
        6/12/2026Price change$615,000-0.8%$260/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
        5/20/2026Price change$620,000-2.4%$262/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
        4/29/2026Price change$635,000-2.3%$269/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
        4/8/2026Listed for sale$650,000+12.2%$275/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7036986 Report a problem
        4/24/2025Sold$579,500$245/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
        3/7/2025Pending sale$579,500$245/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
        2/24/2025Listed for sale$579,500+1.8%$245/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem
        10/10/2024Listing removed$569,000-1.7%$241/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
        8/29/2024Price change$579,000-3.3%$245/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
        8/6/2024Listed for sale$599,000+84.3%$253/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem
        8/31/2017Sold$325,000-3%$137/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4796494 Report a problem
        7/22/2017Pending sale$335,000$142/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
        5/15/2017Price change$335,000-2.9%$142/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
        2/20/2017Listed for sale$345,000+1.5%$146/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem
        12/31/2016Listing removed$340,000$144/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem
        10/13/2016Price change$340,000-2.9%$144/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem
        6/17/2016Listed for sale$350,000$148/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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 56096

        Getting around

        0 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

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