Check out this rare North Shore gem on Tetonka Lake! Nestled on the coveted private part of desirable Tetonka Lake, this charming year-round lake home offers the perfect blend of rustic character, peaceful surroundings, and untapped potential. With only two owners in its history, this beloved property exudes warmth and a “cabin-at-the-lake” vibe that invites you to slow down and soak it all in.
Step inside to find soaring vaulted ceilings, a cozy wood burning fireplace, a large kitchen island for gathering, and an open-concept layout where the kitchen, great room, and deck space flow seamlessly, framed by breathtaking lake views. The wall of windows and sliding doors lead to a spacious, nearly wraparound deck where morning coffee or evening sunsets are simply unforgettable.
Two cozy bedrooms and a 3/4 bath complete the main level, while the unfinished walkout basement offers the chance to nearly double your square footage. It's ready for a future bedroom, bath, and bonus living space, imagine the possibilities! Following the Waterville flooding, the lower level was professionally cleaned and gutted, providing a fresh slate for your dream design. Whether you're envisioning a cozy retreat, a modern update, or a multi-generational getaway, this home is ready to rise to the occasion. Tucked away in a quiet and desirable location, you're just minutes from the heart of Waterville, a short hop to Elysian, and an easy commute to Mankato or Faribault. Here, life feels like a getaway...but it’s home!
Closed
$360,000
49136 Riverside Ln, Waterville, MN 56096
2beds
1,984sqft
Single Family Residence
Built in 1962
0.28 Acres Lot
$358,700 Zestimate®
$181/sqft
$1,460 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 03:20pm
Listed by:
Hailey M. Warner 507-210-1625,
eXp Realty,
Pemberton Homes 612-386-8575
Bought with:
Evan Knutson
Weichert, REALTORS- Heartland
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715548

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 148.5 Square Feet
- Dimensions: 11x13.5
Bedroom 2
- Level: Main
- Area: 121.5 Square Feet
- Dimensions: 9x13.5
Deck
- Level: Main
Kitchen
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13x14
Laundry
- Level: Lower
Living room
- Level: Main
- Area: 522 Square Feet
- Dimensions: 29x18
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Block,Unfinished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,984
- Total interior livable area: 1,984 sqft
- Finished area above ground: 992
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Asphalt
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: North
- Waterfront features: Lake Front, Waterfront Num(40003100), Lake Acres(1357), Lake Depth(35)
- Body of water: Tetonka
- Frontage length: Water Frontage: 85
Lot
- Size: 0.28 Acres
- Dimensions: 85 x 155
- Features: Accessible Shoreline, Wooded
Details
- Foundation area: 1216
- Parcel number: 146410040
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt,Pitched
Condition
- Age of Property: 63
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Propane
- Sewer: Private Sewer
- Water: Shared System, Well
Community & neighborhood
Location
- Region: Waterville
- Subdivision: Raedeke Sub
HOA & financial
HOA
- Has HOA: No
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$358,700
2% more+$7,174
With Zillow Showcase(estimated)$365,874