49136 Riverside Ln Waterville, MN 56096
Estimated payment $2,658/month
Total Views
1,723
2
Beds
1
Bath
992
Sq Ft
$432
Price per Sq Ft
Highlights
- Popular Property
- Beach Access
- No HOA
- 85 Feet of Waterfront
- Deck
- Eat-In Kitchen
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,078
Year Built
- Built in 1962
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 85x155
- 85 Feet of Waterfront
- Lake Front
Home Design
- Pitched Roof
Interior Spaces
- 992 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Living Room
- Unfinished Basement
- Walk-Out Basement
- Eat-In Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Outdoor Features
- Beach Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Propane
- Shared Water Source
- Well
Community Details
- No Home Owners Association
- Raedeke Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 146410040
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,100 | $359,700 | $225,600 | $134,100 |
| 2023 | $3,090 | $356,500 | $225,600 | $130,900 |
| 2022 | $2,608 | $338,000 | $215,000 | $123,000 |
| 2021 | $2,488 | $251,000 | $150,000 | $101,000 |
| 2020 | $2,504 | $233,300 | $142,000 | $91,300 |
| 2019 | $2,446 | $217,100 | $132,140 | $84,960 |
| 2018 | $2,431 | $202,900 | $130,784 | $72,116 |
| 2017 | $1,925 | $212,500 | $142,000 | $70,500 |
| 2016 | $1,894 | $217,500 | $147,000 | $70,500 |
| 2015 | $1,879 | $217,500 | $147,000 | $70,500 |
| 2014 | $1,803 | $217,500 | $147,000 | $70,500 |
| 2013 | $1,820 | $222,800 | $147,000 | $75,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $429,000 | -- | $432 / Sq Ft |
Source: NorthstarMLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $30,000 | Unknown |
Source: Public Records
Similar Homes in Waterville, MN
Source: NorthstarMLS
MLS Number: 6715548
APN: 14.641.0040
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