48937 N Shore Rd

Waterville, MN 56096

$635,000
Price
3
Beds
2,364 Sq. Ft.
$269 / Sq. Ft.
2,364
Sq. Ft.
$269
per Sq. Ft.
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Open: 5/2 10:00AM - 11:30AM
Open: 5/2 10:00AM - 11:30AM

Description

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...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!

Property Details for 48937 North Shore Road

View
Lake, Panoramic, South
Waterfront Features
Lake Front
Waterfront YN
Yes
Zoning Jurisdiction
Residential-Single Family

Open Houses

Saturday, May 2nd10:00 AM - 11:30 AM
PublicView contact
LISTING UPDATED: 05/02/2026 08:29 AM

Property Details for 48937 North Shore Road

StatusActive
MLS #7036986
Days on Compass1
Taxes$4,984 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1989
Lot Size0.96 AC / 41,817 SF
CountyLe Sueur County
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Location

Listing Courtesy of Sagedahl Realty
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Building Information for 48937 North Shore Road

Stories-Year Built1989Building Size-Lot Size0.96 AC / 41,817 SF

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$3,613 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,198

Property Taxes

$415

HOA Dues

$0

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Property Information for 48937 North Shore Road

Summary
Location and General Information
  • City Name: Waterville
  • County Or Parish: Le Sueur
  • County: Le Sueur-MN
  • Directions: Highway 60 in Waterville, North on Highway 13, West on Tetonka Lake Rd, then South on North Shore Road to the home.
  • Latitude: 44.238709
  • Longitude: -93.631509
  • Nbr of Acres: 1358
  • Lake Name: Recreational Development
  • PLAT: 35
  • Map Coordinate: 999-A1
  • City and Location: Waterville
  • City and Location Text: Waterville(MN)
  • Postal Code: 56096
  • State Or Province: MN
  • Public Survey Township: 109
  • Waterfront Property YN: No
  • Water Body Name: Tetonka
  • Waterfront Footage: 40003100
  • Waterfront Frontage: 160
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 140192525
  • Tax Annual Amount: $4,984.00
  • Tax Legal Description: SECT-19 TWP-109 RANGE-023 .96 AC THAT PART OF G L 1 COMM AT NE COR OF SEC TH W 888.54 FT, SE 387.53 FT, NW 141.15 FT NW 87.22 FT, NW 212.35 FT TO BEG, TH SW 293 FT TO S. L., NW ALONG S. L. 162 FT, NE 283FT, TH SE 130 FT TO BEG
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 4984
School Information
  • High School District: 2143 - Waterville-Elysian-Morristown
  • School District Number: 2143
  • School District Phone: 5072753115
Property
Lot Information
  • Above Grade Fin SQFT: 1412.0
  • Below Grade Fin SQFT: 952.0
  • SQFT Total: 2364.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
  • Lot Size Area: 0.96
  • Lot Size Dimensions: 130 x 290 x 161 x 265
  • Lot Size Units: Acres
  • Other Structures: Greenhouse, Storage Shed
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1412
  • Building Area Total: 2364.0
  • Above Grade SqFt Total: 1412
  • Below Grade SqFt Total: 952
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic System Compliant - Yes
  • Water Source: Drilled, Shared System, Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Vinyl
  • Fencing: None
  • Foundation Area: 1220.0
  • Foundation Details: Block
  • Fuel: Propane
  • Pool Features: None
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Deck
Interior Features
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Freezer, Fuel Tank - Rented, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented
  • Basement Type: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors
  • Bath Desc: 1/2 Basement,3/4 Primary,Bathroom Ensuite,Private Primary,Main Floor 3/4 Bath,Main Floor Full Bath,Separate Tub & Shower,Jetted Tub,Walk-In Shower Stall
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room,Kitchen/Dining Room
  • DP Resource: Yes
  • Garage Dimensions: 38 x 34
  • Garage Door Height: 8
  • Garage Door Width: 8
  • Garage Square Feet: 1292
  • Heating: Forced Air
  • Laundry Features: Laundry Closet, Main Level
  • Levels: One
  • Room List: Deck, Dining Room, Family Room, Bedroom, Kitchen, Library, Living Room, Bedroom 2, Storage, Sun Room, Bedroom 3, Utility Room
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 24 x 20
  • Room Level: Main
  • Room Type: Deck
Room 2
  • Room Dimensions: 13 x 12
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 18 x 15
  • Room Level: Basement
  • Room Type: Family Room
Room 4
  • Room Dimensions: 13 x 12
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 12 x 12
  • Room Level: Main
  • Room Type: Kitchen
Room 6
  • Room Dimensions: 17 x 13
  • Room Level: Basement
  • Room Type: Library
Room 7
  • Room Dimensions: 17 x 16
  • Room Level: Main
  • Room Type: Living Room
Room 8
  • Room Dimensions: 12 x 11
  • Room Level: Main
  • Room Type: Bedroom 2
Room 9
  • Room Dimensions: 22 x 12
  • Room Level: Basement
  • Room Type: Storage
Room 10
  • Room Dimensions: 22 x 08
  • Room Level: Main
  • Room Type: Sun Room
Room 11
  • Room Dimensions: 11 x 11
  • Room Level: Basement
  • Room Type: Bedroom 3
Room 12
  • Room Dimensions: 12 x 11
  • Room Level: Basement
  • Room Type: Utility Room

Property History for 48937 North Shore Road

DateEvent & SourcePriceAppreciation
Apr 29, 2026

Price Change

NorthStar #7036986

$635,000—
Apr 8, 2026

Listed (Active)

NorthStar #7036986

—
Apr 24, 2025

Sold

NorthStar #6672952

$579,500—
DateEvent & SourcePrice
04/29/2026

Price Change

NorthStar #7036986

$635,000
04/08/2026

Listed (Active)

NorthStar #7036986

—
04/24/2025

Sold

NorthStar #6672952

$579,500

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

Public Records for 48937 North Shore Road

Taxable ValueLand$300,700Additions$229,000Total$529,700
Tax Record2024$4,874 ($406 / month)
Home Facts
Beds3Total Finished SqFt1,345 SqFtAbove Grade Finished SqFt1,345 SqFtStories1Lot Size41,818 SqFtStyleSingle Family ResidenceYear Built1989CountyLE SUEURAPN14.019.2525

Schools near 48937 North Shore Road

This home is within Waterville-Elysian-Morristown School District.
Rating
School
Type
Grades
Distance
Waterville Elementary School
Public - PK to 4
Morristown Elementary School
Public - 5 to 6
Waterville-Elysian-Morristown Jr.
Public - 7 to 8
Waterville-Elysian-Morristown Sr.
Public - 9 to 12
Rating
School
Distance
Waterville Elementary School
PublicPK to 4

Morristown Elementary School
Public5 to 6

Waterville-Elysian-Morristown Jr.
Public7 to 8

Waterville-Elysian-Morristown Sr.
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 48937 North Shore Road, Waterville, MN 56096

48937 North Shore Road is a single family home for sale in Waterville, MN 56096. This property was listed for sale on April 8, 2026 by Sagedahl Realty, it's currently listed at $635,000. It has been on the market for a total of 0 days and was last sold on April 24, 2025. This listing's school district is Waterville-Elysian-Morristown School District. Nearby schools include Waterville Elementary School, Morristown Elementary School and Waterville-Elysian-Morristown Jr.. 48937 North Shore Road is a 3-bed, 3-bath, 2,364 sqft single family home built in 1989.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sagedahl Realty

Based on information submitted to the MLS GRID as of 05/02/2026 08:29 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.