Date
Details
Price
Change
Source
7/11/2026
Listed
$469,900
—
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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$469,900 Just Listed
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Property Description
Virtual Tour is an informational Video! 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!
Full Property Details
Full Property Details for 945 Reed Street N
General
- Price: $469,900
- Taxes: $1,194 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7108020
- Updated: 7/12/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Informal Dining Room
- Formal Dining Room: Informal Dining Room
Additional Information
- Amenities: Dock, Main Floor Primary Bedroom, Patio, Panoramic View, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Garage: Yes
- Garage Description: 22 x 31
- Garage Spaces: 2
- Carport Spaces: 2
- Parking Features: Detached Garage, Asphalt, Concrete, Shared Driveway, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages
Location
- County: Le Sueur
- Township: Waterville
- Subdivision: Outlots-Snows Add
- Driving 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!
School Information
- School District: 2143 - Waterville-Elysian-Morristown
- High School District: Waterville-Elysian-Morristown
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Ductless Mini-Split, Window Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Basement Desc.: Crawlspace
- Foundation Size: 840
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 1,179
- Above Ground: 1,179 Sq. Ft.
- Finished Down/Base.: 1,179 Sq. Ft.
- Year Built: 1984
Additional Structures
- Other Structures: Boat House
Lot Features
- Lot Size (Acres): 0.2
- Lot Dimensions: 32 x 182 x 66 x 188
- Frontage: City Street, Paved Streets, Street Lights, Storm Sewer
- Zoning: Shoreline, Residential-Single Family
- Lot Description: Accessible Shoreline, Medium Tree Coverage, Underground Utilities
Water Features
- Water Front Desc.: Lakefront
- Water Front Elev.: 0-4
- Lake Front: Yes
- Lake Bottom: Hard, Sand
Financial Considerations
- Tax Amount: $1,194
- Tax Year: 2025
- Terms: Conventional, FHA, Cash, Rural Development, USDA
Disclosures and Reports
- 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
- Property ID: 246000200
Listed by True Life Real Estate Solution
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Schools
Schools serving 945 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 | 1 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 | 1 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 945 Reed Street N
Tax History
Tax History for 945 Reed Street N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$860
-12%
$379,800
1%
2023
$974
-74%
$377,200
1%
2022
$3,806
12%
$373,200
24%
2022
$3,394
2%
$302,100
30%
2020
$3,332
2%
$232,400
5%
2019
$3,282
—
$221,800
3%
2019
$3,267
-5%
$216,200
5%
2018
$3,421
9%
$206,200
1%
2017
$3,125
—
$204,500
2%
2016
$3,113
-2%
$201,200
—
2015
$3,177
—
$201,200
—
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 945 Reed Street N
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945 Reed Street N, Waterville, MN 56096 (MLS# 7108020) is a Single Family property with 4 bedrooms, 0 full bathrooms and 2 partial bathrooms. 945 Reed Street N is currently listed for $469,900 and was received on July 11, 2026. Want to learn more about 945 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.