4365 40th St SW

Waverly, MN 55390

$700,000
Price
3
Beds
1,980 Sq. Ft.
$354 / Sq. Ft.
1,980
Sq. Ft.
$354
per Sq. Ft.

Description

Located just 1.5 miles north of Waverly, this property earns its name from the unique presence of Twelve Mile Creek, which meanders entirely through the land. Originating from Waverly and Little Waverly Lakes, the creek flows through a scenic wooded corridor before ultimately connecting to the North Fork Crow River approximately half a mile to the north. These wooded creek and river corridors serve as habitat corridors for wildlife, and it shows. Deer sign, turkey tracks, actual turkeys, and ducks...Located just 1.5 miles north of Waverly, this property earns its name from the unique presence of Twelve Mile Creek, which meanders entirely through the land. Originating from Waverly and Little Waverly Lakes, the creek flows through a scenic wooded corridor before ultimately connecting to the North Fork Crow River approximately half a mile to the north. These wooded creek and river corridors serve as habitat corridors for wildlife, and it shows. Deer sign, turkey tracks, actual turkeys, and ducks were seen on the property. With this kind of natural setting, you can literally hunt right out your back door. Given the connection to both lakes and a river system, it's entirely possible that fish species occasionally travel through the creek as well. On either side of the wooded creek corridor lies productive tillable ground, about 26 total acres with a solid CPI rating of 79.6. The eastern field, just over 6 acres, is a great candidate for a larger food plot setup. The tillable land is currently rented for the 2025 crop season, and the tenant will be allowed to harvest the crops. After that, the new owner has full flexibility—keep it in production, convert it to pasture for horses, or design and convert it into more habitat. The farm site includes an older farmhouse with just under 2,000 finished square feet, featuring three bedrooms and one bath, along with additional rooms that could easily serve as extra bedrooms or an office. If you desire a new or larger home, there is plenty of space to build your dream home off the asphalt county road. The existing septic system was updated in 2016 and is sized for a 4-bedroom home, and there’s a drilled well already in place. One of the real highlights here is the impressive 80' x 45' fully concrete shop. The front includes a covered porch; inside, half the space is heated, while the other half has in-floor PEX lines already installed for future heat if desired. The seller previously used the heated portion for machine work—it’s clean, functional, and includes in-floor heat, water, and plumbing stubbed in for a toilet. Additional outbuildings include a lean-to and a detached 2-car garage, providing even more space for gear, equipment, or toys. Welcome to the country!
  1. Listed by Whitetail Properties Real Estate

Property Details for 4365 40th Street Southwest

Waterfront Features
Creek/Stream
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 12/17/2025 10:50 AM

Property Details for 4365 40th Street Southwest

StatusActive
MLS #6733477
Days on Compass1
Taxes$2,416 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1910
Lot Size40.00 AC / 1,742,400 SF
CountyWright County

Location

Listing Courtesy of Whitetail Properties Real Estate
Add your commute

Building Information for 4365 40th Street Southwest

Stories-Year Built1910Building Size-Lot Size40.00 AC / 1,742,400 SF

Payment Calculator

$3,660 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,459

Property Taxes

$201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4365 40th Street Southwest

Summary
Location and General Information
  • City Name: Waverly
  • County Or Parish: Wright
  • County: Wright-MN
  • Directions: In Waverly from the int. of Hwy. 12 and Co Rd 8, N on 8 approx. 2.5 miles to 40th St SW. East of 40th approx. 1 mile to driveway/address on south side of 40th St. SW
  • Latitude: 45.092247
  • Longitude: -93.980036
  • Nbr of Acres: 0
  • Lake Name: Not Applicable
  • PLAT: 0
  • Map Coordinate: 71-E3
  • City and Location: Waverly
  • City and Location Text: Waverly(MN)
  • Postal Code: 55390
  • State Or Province: MN
  • Public Survey Township: 119
  • Waterfront Footage: S9991017
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 211000291200
  • Tax Annual Amount: $2,416.00
  • Tax Legal Description: SECT-29 TWP-119 RANGE-026 UNPLATTED LAND MARYSVILLE TWP 40.00 AC NW OF NE
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 2416
School Information
  • High School District: 1212 - Howard Lake-Waverly-Winsted
  • School District Number: 1212
  • School District Phone: 3205433521
Property
Lot Information
  • Above Grade Fin SQFT: 1980.0
  • Below Grade Fin SQFT: 0.0
  • Cultivated Area: 26.0
  • SQFT Total: 1980.0
  • Living Area Units: Square Feet
  • Lot Features: Suitable for Horses, Tillable, Tree Coverage - Medium
  • Lot Size Area: 40.0
  • Lot Size Dimensions: 1320 x 1320 x 1320 x 1320
  • Lot Size Units: Acres
  • Other Structures: Lean-To, Pole Building, Workshop
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1116
  • Above Grade SqFt Total: 1980
  • Below Grade SqFt Total: 576
Utilities
  • Sewer: Mound Septic
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1116.0
  • Fuel: Oil
  • Road Frontage Type: Paved Streets
Interior Features
  • Basement Type: Other
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 1
  • Bedrooms Total: 3
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: None
  • DP Resource: Yes
  • Garage Square Feet: 672
  • Heating: Forced Air
  • Levels: More Than 2 Stories
  • Basement YN: Yes

Property History for 4365 40th Street Southwest

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Price Change

NorthStar #6733477

$700,000—
Aug 11, 2025

Price Change

NorthStar #6733477

$750,000—
Jun 5, 2025

Price Change

NorthStar #6733477

$850,000—
Jun 5, 2025

Listed (Active)

NorthStar #6733477

—
DateEvent & SourcePrice
11/06/2025

Price Change

NorthStar #6733477

$700,000
08/11/2025

Price Change

NorthStar #6733477

$750,000
06/05/2025

Price Change

NorthStar #6733477

$850,000
06/05/2025

Listed (Active)

NorthStar #6733477

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4365 40th Street Southwest

Taxable ValueLand$448,700Additions$186,700Total$635,400
Tax Record2025$2,416 ($201 / month)
Home Facts
Beds4Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtStories2Lot Size1,742,400 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated1960CountyWRIGHTAPN211-000-291200

Schools near 4365 40th Street Southwest

This home is within Howard Lake-Waverly-Winsted School District.
Rating
School
Type
Grades
Distance
Winsted Elementary School
Public - PK to 4
Humphrey Elementary School
Public - PK to 4
Howard Lake Middle School
Public - 5 to 8
Howard Lake-Waverly-Winsted Sec.
Public - 9 to 12
Rating
School
Distance
Winsted Elementary School
PublicPK to 4

Humphrey Elementary School
PublicPK to 4

Howard Lake Middle School
Public5 to 8

Howard Lake-Waverly-Winsted Sec.
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4365 40th Street Southwest, Waverly, MN 55390

4365 40th Street Southwest is a single family home for sale in Waverly, MN 55390. This property was listed for sale on June 5, 2025 by Whitetail Properties Real Estate, it's currently listed at $700,000. This listing's school district is Howard Lake-Waverly-Winsted School District. Nearby schools include Winsted Elementary School, Humphrey Elementary School and Howard Lake Middle School. 4365 40th Street Southwest is a 3-bed, 1-bath, 1,980 sqft single family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Whitetail Properties Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2025 12:41 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.