735 N Reed St

Waterville, MN 56096

$279,000
Price
1
Bed
525 Sq. Ft.
$531 / Sq. Ft.
525
Sq. Ft.
$531
per Sq. Ft.
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Description

The Lake is calling! All 2400+ acres of it! Enjoy this compact year round cabin with 40 feet of sandy shoreline and a gentle slope to the water, (yet the elevation prevented it from flooding) great for swimming, fishing, boating, and soaking up amazing views looking west across the lake while sitting in your 12x20 screened in covered porch! Close to town, food, gas, parks and trails and just steps from the Public Beach providing endless options for fun, gatherings, and recreation. The home is being...The Lake is calling! All 2400+ acres of it! Enjoy this compact year round cabin with 40 feet of sandy shoreline and a gentle slope to the water, (yet the elevation prevented it from flooding) great for swimming, fishing, boating, and soaking up amazing views looking west across the lake while sitting in your 12x20 screened in covered porch! Close to town, food, gas, parks and trails and just steps from the Public Beach providing endless options for fun, gatherings, and recreation. The home is being sold as-is and includes all the furnishings, the dock, Pontoon and Solar powered lift. It's a gem in need of some repairs and TLC. The views and location alone make it a great opportunity for anyone looking to build equity and customize their personal lake retreat.
  1. Listed by BH Realty Group

Property Details for 735 North Reed Street

Subdivision Name
Outlots-Snows Add
View
Panoramic
Waterfront Features
Lake Front
Waterfront YN
Yes
Zoning Jurisdiction
Shoreline,Residential-Single Family
LISTING UPDATED: 06/10/2026 12:59 PM

Property Details for 735 North Reed Street

StatusActive
MLS #7072094
Days on Compass4
Taxes$3,186 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1950
Lot Size0.12 AC / 5,052 SF
CountyLe Sueur County
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Location

Listing Courtesy of BH Realty Group
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Building Information for 735 North Reed Street

Stories-Year Built1950Building Size-Lot Size0.12 AC / 5,052 SF

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$1,656 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,390

Property Taxes

$266

HOA Dues

$0

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Property Information for 735 North Reed Street

Summary
Location and General Information
  • City Name: Waterville
  • County Or Parish: Le Sueur
  • County: Le Sueur-MN
  • Directions: From Hwy 60 turn N on Hwy 13, go across the bridge and turn L on N Reed St. Property is on the lake:-)
  • Latitude: 44.227376
  • Longitude: -93.57163
  • Nbr of Acres: 1358
  • Lake Bottom: Sand
  • 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
  • Waterfront Property YN: No
  • Water Body Name: Tetonka
  • Waterfront Footage: 40003100
  • Waterfront Descrip: 10-15
  • Waterfront Frontage: 40
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 246000370
  • Tax Annual Amount: $3,186.00
  • Tax Legal Description: OUTLOTS-SNOWS ADDN 25 FT LAKE FRONT OF OUTLOT 1 & 15 FT OF VAC STREET ON S SIDE
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 2980
School Information
  • High School District: 2143 - Waterville-Elysian-Morristown
  • School District Number: 2143
  • School District Phone: 5072753115
Property
Lot Information
  • Above Grade Fin SQFT: 525.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 525.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline
  • Lot Size Area: 0.116
  • Lot Size Dimensions: 40 x 128
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 543
  • Building Area Total: 543.0
  • Above Grade SqFt Total: 543
  • Below Grade SqFt Total: 0
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: No Stairs Internal, Partially Wheelchair
  • Exterior Features: Cedar
  • Foundation Area: 543.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
  • Patio Porch Type: Covered,Deck,Screened
Interior Features
  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator
  • Basement Type: Crawl Space
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Dock,Kitchen Window,Patio,Panoramic View
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 1
  • Bedrooms Total: 1
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Window Unit(s)
  • Dining Room Description: Informal Dining Room
  • DP Resource: Yes
  • Heating: Forced Air
  • Laundry Features: None
  • Levels: One
  • Room List: Porch
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 12x20
  • Room Level: Main
  • Room Type: Porch

Property History for 735 North Reed Street

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Price Change

NorthStar #7072094

$279,000—
May 22, 2026

Price Change

NorthStar #7072094

$299,000—
May 14, 2026

Price Change

NorthStar #7072094

$349,000—
DateEvent & SourcePrice
06/10/2026

Price Change

NorthStar #7072094

$279,000
05/22/2026

Price Change

NorthStar #7072094

$299,000
05/14/2026

Price Change

NorthStar #7072094

$349,000

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

Public Records for 735 North Reed Street

Taxable ValueLand$155,800Additions$71,800Total$227,600
Tax Record2024$2,980 ($248 / month)
Home Facts
Beds1Total Finished SqFt489 SqFtAbove Grade Finished SqFt489 SqFtStories1StyleMiscellaneous ResidentialYear Built1950CountyLE SUEURAPN24.600.0370

Schools near 735 North Reed Street

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 735 North Reed Street, Waterville, MN 56096

735 North Reed Street is a single family home for sale in Waterville, MN 56096. This property was listed for sale on May 14, 2026 by BH Realty Group, it's currently listed at $279,000. 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.. 735 North Reed Street is a 1-bed, 1-bath, 525 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 BH Realty Group

Based on information submitted to the MLS GRID as of 06/10/2026 12:59 PM. 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.