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    Watertown, MN
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    Watertown, MN Residential Land & Home Lots for Sale

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    Residential Development Land Parcel
    Updated: Jul 2
    Residential Development Land Parcel

    2510 Hutchinson Rd, Watertown, MN 55388

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    31.81 AC lot
    31.81‑acre vacant land in Watertown, Minnesota, with road frontage on Hutchinson Road.
    Located in growing Carver County, near Twin Cities amenities, schools, and highways.
    Includes open fields, mature trees, and natural features for residential lot, conservation, or cluster‑style development.
    Adjacent lots at 615 High St. and the back side of 709 Jefferson Ave. may be available to combine for a larger‑scale subdivision.
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    Residential Development Land Near Park
    Updated: Oct 15, 2025
    Residential Development Land Near Park

    Kristi Ln & Robert St, Watertown, MN

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    30.00 AC lot
    Approximately 30 acres of residential development property.
    Preliminary city approval for 36 single family homes.
    City fees for park dedication and sewer/water access waived for 36 lots.
    Adjacent to Luce Line Trail and Oak Grove Community Park.
    Engineering has been completed.
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    Development Land Ready For Building
    Development Land Ready For Building

    Newton Ave SE, Watertown, MN 55388

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    6.78 AC lot

    6.780 acres ready to be developed into 4 lots.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Watertown, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Development Land Lot
    Residential Development Land Lot

    3105 Nelson Rd, Delano, MN 55328

    $199,900
    3.26 AC lot

    Lot 2 in Breckenridge Farm offers usable acreage in a seven-lot residential community with an agriculturally zoned setting.

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    Residential Home Lot
    Residential Home Lot

    1023 Oak Ct, Waconia, MN 55387

    $135,000

    Residential lot open to any builder near parks, schools, and walkable access to downtown.

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    Residential Lot in Delano, MN
    Residential Lot in Delano, MN

    258 3rd Street SW, Delano, MN 55328

    $99,500
    0.29 AC lot

    Residential lot available for building a dream home.

    View details
    Land
    Land

    1958 Campfire Drive E, Waconia, MN 55387

    $197,000

    Residential land & home lots

    View details

    Watertown, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Watertown, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,987,780 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 3
    Commercial land 1

    Demographics Overview

    Population 5,974
    Population Growth (5Y) +2.0%
    Median Household Income $92,273
    College Educated 28.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.10%
    Property Tax per SF $42.15 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carver County

    New Delisted

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