945 N Reed St

Waterville, MN 56096

$469,900
Price
4
Beds
1,179 Sq. Ft.
$399 / Sq. Ft.
1,179
Sq. Ft.
$399
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Open: 7/12 01:00PM - 03:00PMNew
Open: 7/12 01:00PM - 03:00PMNew

Description

Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential,...Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential, or guest accommodations, the private-access upper loft serves as a complete suite equipped with its own kitchen, living room, bedroom, and bath. Outdoor entertainment options abound with a versatile lakeside boat house that functions as a screened-in porch during summer months and offers drive-on ATV access for ice fishing in the winter. The massive 32x22 insulated and heated garage pulls double duty as the ultimate party space and for recreational toy storage. Located in a golf-cart and ATV-friendly community, residents enjoy casual transport to local restaurants, taverns, parks, and the city sand beach. Waterville serves as the perfect central rest stop along the 39-mile, fully paved Sakatah Singing Hills State Trail, spanning from Mankato to Faribault. This cottage is the ultimate destination to gather, relax, and create lasting memories with family and friends for years to come. Book your tour today. It can close fast so you can still enjoy lakelife this summer!

Property Details for 945 North Reed Street

Subdivision Name
Outlots-Snows Add
View
Lake, Panoramic, See Remarks, West
Waterfront Features
Lake Front
Waterfront YN
Yes
Zoning Jurisdiction
Shoreline,Residential-Single Family

Open Houses

Sunday, Jul 12th1:00 PM - 3:00 PM
PublicView contact
LISTING UPDATED: 07/11/2026 11:29 AM

Property Details for 945 North Reed Street

StatusActive
MLS #7108020
Days on CompassListed Today
Taxes$1,194 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1984
Lot Size0.20 AC / 8,712 SF
CountyLe Sueur County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of True Life Real Estate Solution
Add your commute

Building Information for 945 North Reed Street

Stories-Year Built1984Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,441 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,342

Property Taxes

$100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 945 North Reed Street

Summary
Location and General Information
  • City Name: Waterville
  • County Or Parish: Le Sueur
  • County: Le Sueur-MN
  • Directions: From intersection of MN 13 and MN 60. Head North on MN 13 to Reed. Turn left or west. Cottage is 1st home on right. If coming from the North heading South you will drive along Lake Tetonka, Reed Street will be on your right, Turn Right and you will see Cottage. 945 Reed!
  • Latitude: 44.230584
  • Longitude: -93.572878
  • Nbr of Acres: 1358
  • Lake Bottom: Hard, 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: 0-4
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 246000200
  • Tax Annual Amount: $1,194.00
  • Tax Legal Description: OUTLOTS-SNOWS ADDN .20 AC BEG 419.01 FT W & 1184.12 FT N OF SW COR OF LOT 1,BLK 3 SNOWS ADDN, TH NW 2.62 FT, NW 30 FT, W 59.77 FT, SW 88.59 FT, W 55 FT +/- TO S.L.OF LAKE TETONKA, TH SE'LY 68 FT (GIS) ALONG SL,NE 188 FT +/- TO BEG
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 860
School Information
  • High School District: 2143 - Waterville-Elysian-Morristown
  • School District Number: 2143
  • School District Phone: 5072753115
Property
Lot Information
  • Above Grade Fin SQFT: 1179.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 1179.0
  • Living Area Units: Square Feet
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 32 X 182 X 66 X 188
  • Lot Size Units: Acres
  • Other Structures: Boat House
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 840
  • Building Area Total: 1179.0
  • Above Grade SqFt Total: 1179
  • 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: None
  • Exterior Features: Shakes, Vinyl
  • Fencing: None
  • Foundation Area: 840.0
  • Foundation Details: Block
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets, Street Lights, Storm Sewer
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt
  • Patio Porch Type: Front Porch,Patio
Interior Features
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Basement Type: Crawl Space
  • Amenities Unit: Dock,Main Floor Primary Bedroom,Patio,Panoramic View,Washer/Dryer Hookup
  • Bath Desc: Main Floor 3/4 Bath,Upper Level 3/4 Bath
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 2
  • Bedrooms Total: 4
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air, Ductless Mini-Split, Window Unit(s)
  • Dining Room Description: Informal Dining Room
  • Garage Dimensions: 22 X 31
  • Garage Door Height: 7
  • Garage Door Width: 16
  • Garage Square Feet: 702
  • Heating: Forced Air
  • Levels: One and One Half
  • Room List: Bathroom, Dining Room, Bedroom, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5 x 8
  • Room Level: Main
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 6 x 8
  • Room Level: Upper
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 6 x 8
  • Room Level: Upper
  • Room Type: Bathroom
Room 4
  • Room Dimensions: 10 x 12
  • Room Level: Main
  • Room Type: Dining Room
Room 5
  • Room Dimensions: 8 x 12
  • Room Level: Main
  • Room Type: Bedroom
Room 6
  • Room Dimensions: 8 X 15
  • Room Level: Upper
  • Room Type: Bedroom 4
Room 7
  • Room Dimensions: 8 x 12
  • Room Level: Main
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 4 x 15
  • Room Level: Upper
  • Room Type: Kitchen
Room 9
  • Room Dimensions: 12 x 21
  • Room Level: Main
  • Room Type: Living Room
Room 10
  • Room Dimensions: 13 X 15
  • Room Level: Upper
  • Room Type: Living Room
Room 11
  • Room Dimensions: 8 x 9
  • Room Level: Main
  • Room Type: Bedroom 2
Room 12
  • Room Dimensions: 8 x 12
  • Room Level: Main
  • Room Type: Bedroom 3

Property History for 945 North Reed Street

DateEvent & SourcePriceAppreciation
Jul 11, 2026

Price Change

NorthStar #7108020

$469,900—
Jul 11, 2026

Listed (Active)

NorthStar #7108020

—
Jul 1, 2026

Off Market

NorthStar #7034029

—
DateEvent & SourcePrice
07/11/2026

Price Change

NorthStar #7108020

$469,900
07/11/2026

Listed (Active)

NorthStar #7108020

—
07/01/2026

Off Market

NorthStar #7034029

—

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

Public Records for 945 North Reed Street

Taxable ValueLand$206,800Additions$173,000Total$379,800
Tax Record2024$860 ($72 / month)
Home Facts
Beds3Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1984CountyLE SUEURAPN24.600.0200

Schools near 945 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.

Similar Homes

Explore Nearby Homes

More information about 945 North Reed Street, Waterville, MN 56096

945 North Reed Street is a single family home for sale in Waterville, MN 56096. This property was listed for sale on July 11, 2026 by True Life Real Estate Solution, it's currently listed at $469,900. 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.. 945 North Reed Street is a 4-bed, 2-bath, 1,179 sqft single family home built in 1984.

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 True Life Real Estate Solution

Based on information submitted to the MLS GRID as of 07/11/2026 11:29 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.