Date
Details
Price
Change
Source
5/14/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/15
$349,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 735 Reed Street N
General
- Price: $349,000
- Taxes: $2,962 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7072094
- Updated: Today (5/14/2026)
- Added to Site: Today
Interior
- Appliances: Gas Water Heater, Microwave, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
- Laundry: None, None
Additional Information
- Amenities: Cable, Ceiling Fan(s), Deck, Dock, Kitchen Window, Patio, Panoramic View
Exterior
- Porch/Patio/Deck: Covered, Deck, Screened
Parking
- Parking Features: Open
Location
- County: Le Sueur
- Township: Waterville
- Subdivision: Outlots-Snows Add
- Driving 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:-)
School Information
- School District: 2143 - Waterville-Elysian-Morristown
- High School District: Waterville-Elysian-Morristown
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Crawlspace
- Foundation Size: 543
- Roof: Asphalt
- Disability Access: No Stairs Internal, Partially Wheelchair
- Square Feet: 525
- Above Ground: 543 Sq. Ft.
- Finished Down/Base.: 543 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.116
- Lot Dimensions: 40 x 128
- Frontage: City Street
- Zoning: Shoreline, Residential-Single Family
- Lot Description: Accessible Shoreline
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 40
- Water Front Elev.: 10-15
- Lake Front: Yes
- Lake Bottom: Sand
Financial Considerations
- Tax Amount: $2,962
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: OUTLOTS-SNOWS ADDN 25 FT LAKE FRONT OF OUTLOT 1 & 15 FT OF VAC STREET ON S SIDE
- Property ID: 246000370
Listed by BH Realty Group
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— 735 Reed Street N —
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NMLS#: 1598647
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Schools
Schools serving 735 Reed Street N
School District:Waterville-Elysian-Morristown Public School District
| Name | Grades | Distance |
|---|---|---|
Waterville Elementary School 500 Paquin Street East, Waterville, MN 56096 | PK-4 | 0.8 mi |
Morristown Elementary School 23 Ann Street East, Morristown, MN 55052 | 5-6 | 6.4 mi |
Waterville-Elysian-Morristown Jr. 23 Ann Street East, Morristown, MN 55052 | 7-8 | 6.4 mi |
Waterville-Elysian-Morristown Sr. 500 Paquin Street East, Waterville, MN 56096 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 735 Reed Street N
Tax History
Tax History for 735 Reed Street N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,980
8%
$227,600
1%
2023
$2,752
-1%
$226,400
1%
2022
$2,786
4%
$224,700
1%
2022
$2,690
1%
$222,000
20%
2020
$2,668
3%
$185,000
4%
2019
$2,598
1%
$178,400
4%
2019
$2,583
2%
$172,000
3%
2018
$2,537
9%
$167,700
—
2017
$2,325
2%
$166,900
2%
2016
$2,285
-1%
$163,900
-1%
2015
$2,303
—
$165,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 735 Reed Street N
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735 Reed Street N, Waterville, MN 56096 (MLS# 7072094) is a Single Family property with 1 bedroom, 0 full bathrooms and 1 partial bathroom. 735 Reed Street N is currently listed for $349,000 and was received on May 14, 2026. Want to learn more about 735 Reed Street N? Do you have questions about finding other Single Family real estate for sale in Waterville? You can browse all Waterville real estate or contact a Coldwell Banker agent to request more information.