Discover the perfect canvas for your dream lake home on beautiful Lake Tetonka, just minutes from Waterville. This 1.2 acre buildable lot is surrounded by mature trees, offering a peaceful, private setting that feels like a true retreat. With an impressive 173 feet of South facing shoreline, enjoy breathtaking sunrises, glowing sunsets, and sunlight dancing across the water throughout the day. Whether you envision a year round residence, a weekend getaway, or a legacy property for generations to come, this lot offers endless possibilities for design, creativity, and unforgettable memories. From mornings on the dock to evenings around the fire, lake living doesn't get much better than this. A rare opportunity to build on one of southern Minnesota's most loved lakes, come walk the property and imagine what's possible.
Pending
$269,900
48901 N Shore Rd, Waterville, MN 56096
--beds
--baths
1.2Acres
Est.:
Unimproved Land
Built in ----
1.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 142 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Chad Ziemke 507-720-2005,
Century 21 Atwood
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7003831
Facts & features
Interior
Features
- Has basement: No
Property
Features
- On waterfront: Yes
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 173
Lot
- Size: 1.2 Acres
- Dimensions: 240 x 173
- Features: Accessible Shoreline
- Topography: Sloped
Details
- Parcel number: 146020030
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Electricity Available, None Connected, Private Well Available
Community & HOA
Community
- Features: No
- Subdivision: North Shore Plaza #2 Tetonka
HOA
- Has HOA: No
Location
- Region: Waterville
Financial & listing details
- Tax assessed value: $255,200
- Annual tax amount: $2,136
- Date on market: 1/1/2026
- Inclusions: Abstract, Platted, Survey, Survey Stakes
Estimated market value
Not available
Estimated sales range
Not available
$1,949/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Pending sale | $269,900 |
Source:  NorthstarMLS as distributed by MLS GRID #7003831 Report a problem | ||
| 1/1/2026 | Listed for sale | $269,900 |
Source:  RASM #7039242 Report a problem | ||
| 3/1/2025 | Listing removed | $269,900 |
Source: RASM #7034687 Report a problem | ||
| 4/15/2024 | Listed for sale | $269,900 |
Source: NorthstarMLS as distributed by MLS GRID #6519634 Report a problem | ||
| 2/29/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6438582 Report a problem | ||
| 9/24/2023 | Listed for sale | $269,900 |
Source: NorthstarMLS as distributed by MLS GRID #6438582 Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: RASM #7029200 Report a problem | ||
| 12/12/2022 | Listed for sale | $269,900 |
Source: RASM #7029200 Report a problem | ||
| 12/1/2022 | Listing removed | -- |
Source: RASM #7029200 Report a problem | ||
| 3/13/2022 | Listed for sale | $269,900 |
Source: NorthstarMLS as distributed by MLS GRID #6162925 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,136 +6.4% | $255,200 |
| 2024 | $2,008 +5.1% | $255,200 |
| 2023 | $1,910 +21.7% | $255,200 +12.6% |
| 2022 | $1,570 +47.3% | $226,700 +40.2% |
| 2021 | $1,066 -0.6% | $161,700 +47% |
| 2020 | $1,072 | $110,000 |
| 2019 | $1,072 -2.4% | $110,000 |
| 2018 | $1,098 -17.8% | $110,000 |
| 2017 | $1,336 -1.5% | $110,000 -3.5% |
| 2016 | $1,356 -1.5% | $114,000 |
| 2015 | $1,376 +12.8% | $114,000 |
| 2014 | $1,220 -0.2% | $114,000 |
| 2013 | $1,222 -3.5% | $114,000 -0.5% |
| 2012 | $1,266 -20.1% | $114,600 -24.1% |
| 2011 | $1,584 +6.3% | $150,900 |
| 2010 | $1,490 +10.4% | $150,900 +5.2% |
| 2009 | $1,350 | $143,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 56096
Nearby schools
GreatSchools rating
- 6/10Waterville Elementary SchoolGrades: PK-4Distance: 3.9 mi
- 8/10Waterville-Elysian-Morristown Jr.Grades: 7-8Distance: 9.5 mi
- 6/10Waterville-Elysian-Morristown Sr.Grades: 9-12Distance: 3.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Le Sueur County
- Waterville
- 56096
- 48901 N Shore Rd
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