Welcome to your Lake Tetonka retreat where stunning views, incredible fishing, and laid-back lake life come together. With 160 feet of shoreline, this property offers the perfect escape for year-round living or relaxing weekends. A warm and inviting open layout with fresh paint, new carpet on main floor and updated lighting. The kitchen features all new stainless steel appliances and a new faucet. The large peninsula is perfect for gatherings, open to the dining and sunroom for entertaining. The living room centers around a stunning new gas fireplace and a large picture window that frames breathtaking lake views, bringing the outdoors in year-round. Step outside to the deck and unwind under the pergola with new lighting, surrounded by thoughtfully updated landscaping and hundreds of daffodils planted for spring. The lower level expands your living area with a lakeside third bedroom, a spacious family room and a sitting room, half bath, and an oversized storage room. Outdoors is where this property truly shines. A paved path down to the lake or the tiered stairs approach leads you down to the water, creating easy access to the shoreline. Enjoy evenings around the lakeside firepit, or easy fishing from your included dock and boat lift for a boating day on the lake. Lake Tetonka is well known for its excellent fishing—walleye, bass, panfish, and sunnies right off your dock—and even hosts local bass tournaments. The property also features a 3 car garage, 2 are heated with space for up to 6 vehicles. The third stall offers a rare pass-through design with a garage door also on the lake side. Bring gear to the lake via a paved path and easy path around the side of the garage. Three sheds and a greenhouse provide plenty of additional storage and flexibility. With thoughtful updates throughout, scenic views, and a setting designed for both relaxation and recreation, this is lake living at its best. Alright… let’s go fishing!
Coming soon 04/08
$650,000
48937 N Shore Rd, Waterville, MN 56096
3beds
2,364sqft
Est.:
Single Family
Built in 1989
0.96 Acres Lot
$584,400 Zestimate®
$275/sqft
$-- HOA
What's special
- 3 days |
- 487 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2026 at 03:42pm
Listed by:
Travis Sagedahl 612-325-5360,
Sagedahl Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7036986
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Bedroom 3
- Level: Basement
- Area: 121 Square Feet
- Dimensions: 11 x 11
Deck
- Level: Main
- Area: 480 Square Feet
- Dimensions: 24 x 20
Dining room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Family room
- Level: Basement
- Area: 270 Square Feet
- Dimensions: 18 x 15
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Library
- Level: Basement
- Area: 221 Square Feet
- Dimensions: 17 x 13
Living room
- Level: Main
- Area: 272 Square Feet
- Dimensions: 17 x 16
Storage
- Level: Basement
- Area: 264 Square Feet
- Dimensions: 22 x 12
Sun room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 22 x 08
Utility room
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 12 x 11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
- Laundry: Laundry Closet, Main Level
Features
- Basement: Block,Daylight,Egress Window(s),Finished,Full,Storage Space
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 2,364
- Total interior livable area: 2,364 sqft
- Finished area above ground: 1,412
- Finished area below ground: 952
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Asphalt, Floor Drain, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (38 x 34), Garage Door Height (8), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 160
Lot
- Size: 0.96 Acres
- Dimensions: 130 x 290 x 161 x 265
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Additional structures: Greenhouse, Storage Shed
- Foundation area: 1220
- Parcel number: 140192525
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Propane
- Sewer: Septic System Compliant - Yes
- Water: Drilled, Shared System, Well
- Utilities for property: Underground Utilities
Community & HOA
HOA
- Has HOA: No
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $529,700
- Annual tax amount: $4,984
- Date on market: 4/4/2026
Estimated market value
$584,400
Estimated sales range
Not available
$2,831/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2025 | Sold | $579,500$245/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6672952 Report a problem | ||
| 3/7/2025 | Pending sale | $579,500$245/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem | ||
| 2/24/2025 | Listed for sale | $579,500+1.8%$245/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6672952 Report a problem | ||
| 10/10/2024 | Listing removed | $569,000-1.7%$241/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem | ||
| 8/29/2024 | Price change | $579,000-3.3%$245/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem | ||
| 8/6/2024 | Listed for sale | $599,000+84.3%$253/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6580660 Report a problem | ||
| 8/31/2017 | Sold | $325,000-3%$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4796494 Report a problem | ||
| 7/22/2017 | Pending sale | $335,000$142/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem | ||
| 5/15/2017 | Price change | $335,000-2.9%$142/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem | ||
| 2/20/2017 | Listed for sale | $345,000+1.5%$146/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4796494 Report a problem | ||
| 12/31/2016 | Listing removed | $340,000$144/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem | ||
| 10/13/2016 | Price change | $340,000-2.9%$144/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4729664 Report a problem | ||
| 6/17/2016 | Listed for sale | $350,000$148/sqft |
Source: Edina Realty Faribault #4072303 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,856 +5.9% | $529,700 +0.7% |
| 2024 | $4,586 +7.2% | $526,200 +1% |
| 2023 | $4,278 +10.3% | $520,900 +12.5% |
| 2022 | $3,878 +4.3% | $463,000 +27.9% |
| 2021 | $3,718 -0.6% | $362,100 +7.7% |
| 2020 | $3,742 +0.4% | $336,100 +2.1% |
| 2019 | $3,727 +3.3% | $329,100 +7.9% |
| 2018 | $3,607 +20% | $305,100 +5.5% |
| 2017 | $3,005 -2.8% | $289,100 -5.4% |
| 2016 | $3,091 -2.1% | $305,600 |
| 2015 | $3,157 +16.9% | $305,600 +3.3% |
| 2014 | $2,701 -1.1% | $295,900 -0.1% |
| 2013 | $2,732 -7.5% | $296,300 -4.7% |
| 2012 | $2,952 -2.7% | $310,800 -7.8% |
| 2011 | $3,034 +6.1% | $337,200 -2.2% |
| 2010 | $2,860 +7.4% | $344,900 +1.4% |
| 2009 | $2,664 | $340,100 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,937/mo
Principal & interest
$3352
Property taxes
$585
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Climate risks
Neighborhood: 56096
Nearby schools
GreatSchools rating
- 6/10Waterville Elementary SchoolGrades: PK-4Distance: 3.7 mi
- 8/10Waterville-Elysian-Morristown Jr.Grades: 7-8Distance: 9.4 mi
- 6/10Waterville-Elysian-Morristown Sr.Grades: 9-12Distance: 3.7 mi
Local experts in 56096
- Minnesota
- Le Sueur County
- Waterville
- 56096
- 48937 N Shore Rd
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