
City Lts Of Watertown
About this home
This is a Carver County Community Land Trust property - Please look at the link below for guidelines and application. An application must be filled out prior to making an offer. This home has income limits in order to qualify. NO CASH buyers allowed. Must be a 1st time buyer (meaning cannot have owned a home within the last 3 years) Must be an owner occupied home. Welcome to 413 Franklin Ave NW — a thoughtfully designed 4-bedroom, 2-bath home built by the Carver County Community Development Agency as part of the Community Land Trust program. Offering 1,046 finished square feet on the main level and 768 finished square feet in the walkout lower level, this home delivers modern style, smart layout, and exceptional value. This is an infill build nestled within an established neighborhood featuring mature trees and a welcoming community feel — a rare opportunity to enjoy new construction in a setting that already feels like home. The location offers walkability to Watertown-Mayer High School and convenient access to local parks, shops, and everyday amenities. Inside, the bright, open main level features warm wood-tone flooring, large windows that flood the space with natural light, and a clean, inviting kitchen complete with quartz countertops and a center island — perfect for everyday living and entertaining. The finished walkout lower level includes two additional bedrooms and a full bath, with an unfinished family room area ready for future equity and personalization. Outside, you’ll appreciate the detached 22x22 garage and manageable yard in a quiet residential setting. This home is available to qualifying first-time homebuyers through the Carver County Community Land Trust program. Buyers must meet income guidelines (at or below 80% AMI) and complete the required pre-screening and approval process.
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Home facts
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Bath breakdown
- 2 full
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
Property
- Levels / stories
- One
- Garage
- 2 spaces · 22x22 · 484 sqft
- Parking features
- Detached Garage, Gravel, Garage Door Opener
- Patio & porch
- Front Porch
- Lot size
- 0.221 acres
- Lot dimensions
- 66x157
Construction
- Property type
- Residential
- Property subtype
- Single Family Residence
- Construction materials
- Frame
- Foundation
- 1,046 sqft
- Roof
- Age 8 Years or Less, Asphalt
- New construction
- Yes
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Circuit Breakers, 100 Amp Service
- Land lease
- Yes · $25
Community & HOA
- Subdivision
- City Lts Of Watertown
- HOA
- No HOA
- School district
- Watertown-Mayer
Financial & listing details
- Annual tax
- $1,000 (2026)
- Listed
- Feb 6, 2026
- Days on market
- 19
- 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
413 Franklin Avenue, Watertown, MN, 55388
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
