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  • $360,000

    49136 Riverside Ln, Waterville, MN 56096

    2beds
    1,984sqft
    Single Family Residence
    Built in 1962
    0.28 Acres Lot
    $358,900 Zestimate®
    $181/sqft
    $1,456 Estimated rent

    Home value

    $358,900

    Estimated sales range

    Not available

    $1,456/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: November 19, 2025 at 07:03am

    Listed by:

    Hailey M. Warner 507-210-1625,

    eXp Realty

    Bought with:

    Evan Knutson

    Weichert, REALTORS- Heartland

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715548MLS Logo

    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

    Price history

    DateEventPrice
    6/30/2025Sold$360,000-16.1%$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715548
    5/30/2025Pending sale$429,000$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715548
    5/17/2025Listed for sale$429,000$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715548

    Public tax history

    YearProperty taxesTax assessment
    2024$3,078 +0.2%$359,700 +0.9%
    2023$3,072 +18.6%$356,500 +5.5%
    2022$2,590 +4.1%$338,000 +34.7%

    Find assessor info on the county website

    Neighborhood: 56096

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $358,900
    2% more+ $7,178
    With Zillow Showcase(estimated)
    $366,078