316 Mill Street S, Waterville, MN, 56096
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About this home
Room to Spread Out in the Heart of Lake Country – 0.68 Acre This rambler sits on a big 0.68-acre lot in Waterville, with mature shade trees, a wide-open yard and plenty of room for gardening, play or a future shop. The main level is open, with luxury vinyl plank floors throughout. The living room has a stone-surround fireplace, and the dining area flows into an updated kitchen with white cabinets, butcher-block-style counters, stainless appliances and a sliding door out to the deck. The main level has [3] bedrooms and a full bath. Downstairs, a large family room with beamed ceilings has plenty of space for a home office, gaming or movie nights. The lower level also has [an additional bedroom], a ¾ bath with a walk-in shower and a sauna for winter nights. There’s also a big utility and storage area with a second kitchen setup, plus laundry. Other features include central air and an attached 2-car garage with workshop space. Outside you’ll find the deck, a storage shed, a partly fenced yard and a long driveway with plenty of parking. Waterville sits between Lake Tetonka and Lake Sakatah. Sakatah Lake State Park and the paved Sakatah Singing Hills State Trail are close by, so fishing, boating, biking and snowmobiling are all easy to get to. Small-town living with room to grow — schedule your showing today!
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Home facts
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 3/4
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Block, Finished, Walkout · 1,200 sqft finished
Property
- Levels / stories
- One
- Garage
- 2 spaces · 24x24 · 576 sqft
- Parking features
- Attached Garage, Concrete
- Exterior features
- Vinyl
- Fencing
- Wire
- Lot size
- 0.684 acres
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Foundation
- Block · 1,304 sqft
- Year built
- 1977
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- 200+ Amp Service
Community & HOA
- Subdivision
- Brown Add
- HOA
- No HOA
- School district
- 2143 - Waterville-Elysian-Morristown
- High school district
- Waterville-Elysian-Morristown
Financial & listing details
- Annual tax
- $2,734 (2026)
- Tax with assessments
- 2754
- Listed
- Nov 4, 2026
- Days on market
- 0
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
316 Mill Street S, Waterville, MN, 56096
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Listing information
Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

