Listed at
$249,000
$474/sqft

Outlots-Snows Add

735 Reed Street, Waterville, MN, 56096
1  Bedrooms1  Bathroom525  Square Feet0.116  Acres
Days on market104
Year built1950
ParkingOpen
TypeResidential
Est. $4,470buyer credit when you buy with SODL
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About this home

The Lake is calling! All 2400+ acres of it! Enjoy this compact year round cabin with 40 feet of sandy shoreline and a gentle slope to the water, (yet the elevation prevented it from flooding) great for swimming, fishing, boating, and soaking up amazing views looking west across the lake while sitting in your 12x20 screened in covered porch! Close to town, food, gas, parks and trails and just steps from the Public Beach providing endless options for fun, gatherings, and recreation. The home is being sold as-is and includes all the furnishings, the dock, Pontoon and Solar powered lift. It's a gem in need of some repairs and TLC. The views and location alone make it a great opportunity for anyone looking to build equity and customize their personal lake retreat.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1950
LevelsOne
Living area525 sqft
Above-grade finished525 sqft
Below-grade finished0 sqft
Lot size0.116 acres (40 x 128)
Days on market104
ListedMay 14, 2026
MLS #NST7072094
CountyLe Sueur
SubdivisionOutlots-Snows Add
Parcel #246000370

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Bath breakdown
1 3/4
Heating
Forced Air
Cooling
Window Unit(s)
Appliances
Gas Water Heater, Microwave, Range, Refrigerator

Property

Levels / stories
One
Parking features
Open
Patio & porch
Covered, Deck, Screened
Exterior features
Cedar
View
Panoramic
Waterfront
Lake Front

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 543 sqft
Roof
Asphalt
Year built
1950

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Outlots-Snows Add
HOA
No HOA
School district
2143 - Waterville-Elysian-Morristown
High school district
Waterville-Elysian-Morristown

Financial & listing details

Annual tax
$3,186 (2026)
Tax with assessments
2980
Listed
May 14, 2026
Days on market
104 · 85 cumulative
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths0
3/4 baths1
Half baths0
1/4 baths0
BasementCrawl Space
HeatingForced Air
CoolingWindow Unit(s)
LaundryNone
AppliancesGas Water Heater, Microwave, Range, Refrigerator
DiningInformal Dining Room
AmenitiesCable, Ceiling Fan(s), Deck, Dock, Kitchen Window, Patio, Panoramic View
AccessibilityNo Stairs Internal, Partially Wheelchair

Exterior & lot

ExteriorCedar
RoofAsphalt
FoundationBlock
Foundation area543 sqft
Patio/porchCovered, Deck, Screened
Lot featuresAccessible Shoreline
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningShoreline,Residential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingOpen
Garage spaces0

Financial details

Annual taxes$3,186
Tax year2026
Taxes w/ assessments2980
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District2143 - Waterville-Elysian-Morristown
District number2143
District phone5072753115
High schoolWaterville-Elysian-Morristown
SODL flat fee brokerage
$4,470Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,470

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

$1,657/mo
Principal & interest$1,309
Property taxes$266
Home insurance (est.)$83
%
$49,800
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

735 Reed Street, Waterville, MN, 56096

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Listing information

MLS #NST7072094
StatusClosed
Last updatedAug 28, 2026, 2:03 PM
Originally listedMay 14, 2026, 10:11 AM
Listing officeBH Realty Group

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.