Residential

Waterville, MN Residential Land & Home Lots for Sale

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Janesville, MN Elysian, MN Morristown, MN Kilkenny, MN Waseca, MN Faribault, MN Warsaw, MN Cleveland, MN
Deeded Lake-Access Home Site
Updated: Mar 12
Deeded Lake-Access Home Site

707 Tetonka View Drive, Waterville, MN 56096

$95,500
0.64 AC lot
.638‑acre lot with deeded lake access
Water available
Close to Sakatah Lake State Park with trails, camping, fishing, and outdoor recreation
Open builder option—choose your design and builder
Less than an hour from the Twin Cities metro
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Expansive Residential Parcel in Waterville
Updated: Dec 2, 2025
Expansive Residential Parcel in Waterville

Open Lot Browers Street E, Waterville, MN 56096

$52,500
0.74 AC lot
Expansive parcel created from three combined lots.
Larger building space for future construction.
Cohesive layout due to consolidation.
Additional space for site planning.
Potential for custom design options.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Waterville, 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.

Waterfront Residential Buildable Lot
Waterfront Residential Buildable Lot

To Be Determined 232nd St W, Faribault, MN 55021

$175,000
1.70 AC lot

Build a lake home on a Cannon Lake lot with significant shoreline for water access and outdoor living.

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Waterfront Residential Buildable Lot
Waterfront Residential Buildable Lot

232nd ST W, Faribault, MN 55021

$175,000
1.60 AC lot

Build on a lakefront lot with shoreline frontage and space for a primary residence and outdoor amenities.

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Rural Building Lot With Trail Access
Rural Building Lot With Trail Access

51515 231st Street, Elysian, MN 56028

$174,990
9.30 AC lot

Gently rolling rural acreage borders the Sakatah Singing Hills State Trail for direct backyard trail access.

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Elysian, MN Buildable Lots
Elysian, MN Buildable Lots

Lewis Lane, Elysian, MN 56028

Contact for pricing
0.18 AC lot

Buildable lots in a quiet, peaceful lakeside town.

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

Explore 2 residential land & home lots for sale in Waterville, MN on our real estate platform. These investment opportunities span a total of 59,851 square feet of properties for sale, with an estimated market value of $148,000.

Sale prices for home sites in Waterville, MN start at $52,500, averaging $74,000, and reaching up to $95,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Industrial land 1

Demographics Overview

Population 2,874
Population Growth (5Y) -9.1%
Median Household Income $79,879
College Educated 24.3%

High-Yield Neighborhoods for Investment

Identify Waterville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56096 $74K

Taxes & Financing

Tax Rate (average for all types) 1.46%
Property Tax per SF $29.62 per SF
Tax Rate vs County Average 1.00 pp below county avg
Average Loan-to-Value 65.0%

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