Listed at
$404,900
$331/sqft

Watermans Town Homes

1702 N Lakeshore Drive #3, Lake City, MN, 55041
2  Bedrooms2  Bathrooms1,224  Square Feet0.024  Acres
Days on market241
Year built2002
ParkingParking Lot
HOA / month$480
TypeResidential
Est. $9,147buyer credit when you buy with SODL
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About this home

Enjoy low maintenance living in this beautifully updated 2 bedroom, 2 bathroom condo located in the heart of Lake City, positioned above Kelly’s Lake House Bar and Grill along the Mississippi River and Lake Pepin. Easy parking adds to the convenience of enjoying everything this river town has to offer. The main level features an open living space filled with natural light with large windows and sliding doors leading to a private balcony with unmatched views overlooking the water. A beautiful corner gas fireplace anchors the living room, while the updated kitchen includes new lighting and newer appliances, including an induction range, microwave, dishwasher, and refrigerator. The adjacent dining area is well suited for everyday living or entertaining. A main level bedroom and full bathroom, along with in unit laundry, add flexibility and convenience. The upper level is dedicated to a spacious primary bedroom retreat with vaulted ceilings and a private ensuite bathroom, offering a comfortable and private space to unwind. Recent updates include a new furnace, new air conditioning, and two smart TVs. Boat dock access provides the opportunity to keep your boat nearby during the season, with dining, shopping, and entertainment just steps away. Year round recreation is easily accessible, from summer boating to hiking, snowmobiling, cross country skiing, and downhill skiing. Located within a short drive of popular restaurants and day trip destinations throughout the Lake Pepin and Wabasha areas, this unique property provides flexibility for personal use or potential rental opportunities. Dock access is available for temporary tie up while spending time at the condo, with nearby marina options for longer term boat storage.

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Home facts

Property typeResidential
Property subtype(CC) Low Rise (3- Levels)
Year built2002
LevelsMore Than 2 Stories
Living area1,224 sqft
Above-grade finished1,224 sqft
Below-grade finished0 sqft
Lot size0.024 acres (1x1x1)
Days on market241
ListedJan 30, 2026
MLS #NST7013905
CountyGoodhue
SubdivisionWatermans Town Homes
Parcel #542400030

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
2 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned

Property

Levels / stories
More Than 2 Stories
Garage
0
Parking features
Parking Lot
Patio & porch
Deck
Exterior features
Steel Siding
View
Lake, River

Construction

Property type
Residential
Property subtype
(CC) Low Rise (3- Levels)
Foundation
Combination · 840 sqft
Roof
Age Over 8 Years
Year built
2002

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Watermans Town Homes
HOA
$480/month
HOA name
SELF MANAGED
HOA phone
9522203541
HOA includes
Beach Access, Building Exterior, Cable TV, Dock, Lawn Care, Maintenance Grounds, Parking, Snow Removal
HOA amenities
Beach, Dock

Financial & listing details

Annual tax
$5,420 (2025)
Listed
Jan 30, 2026
Days on market
241 · 184 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths0
3/4 baths2
Half baths0
1/4 baths0
BasementOther
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
LaundryLaundry Closet, In Unit
AppliancesDishwasher, Disposal, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesCity View, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Paneled Doors, Panoramic View, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special featuresMain Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorSteel Siding
RoofAge Over 8 Years
FoundationCombination
Foundation area840 sqft
Patio/porchDeck
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingParking Lot
Garage spaces0
Garage size0 sqft

Financial details

Annual taxes$5,420
Tax year2025
Taxes w/ assessments5420
Assessment pendingNo
HOA fee$480
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District813 - Lake City
District number813
District phone6513452198
High schoolLake City
SODL flat fee brokerage
$9,147Estimated buyer credit
SODL platform fee $3,000Your buyer credit $9,147

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,195/mo
Principal & interest$2,128
Property taxes$452
Home insurance (est.)$135
HOA fees$480
%
$80,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1702 N Lakeshore Drive #3, Lake City, MN, 55041

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Listing information

MLS #NST7013905
StatusActive
Last updatedJul 29, 2026, 8:41 PM
Originally listedJan 30, 2026, 3:58 PM
Listing officeRe/Max Results

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.