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48937 N Shore Road, Waterville, MN 56096

$615,000

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Virtual Tour

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,364 Lot Size (sq. ft.): 41,818 Status: Active

Current Price: $615,000 List Date: 6/17/2026 Last Modified: 6/29/2026

Overview

Description

Welcome to your Lake Tetonka retreat where stunning views, incredible fishing, and laid-back lake life come together. With 160 feet of shoreline, this property offers the perfect escape for year-round living or relaxing weekends. A warm and inviting open layout with fresh paint, new carpet on main floor and updated lighting. The kitchen features all new stainless steel appliances and a new faucet. The large peninsula is perfect for gatherings, open to the dining and sunroom for entertaining. The living room centers around a stunning new gas fireplace and a large picture window that frames breathtaking lake views, bringing the outdoors in year-round. Step outside to the deck and unwind under the pergola with new lighting, surrounded by thoughtfully updated landscaping and hundreds of daffodils planted for spring. The lower level expands your living area with a lakeside third bedroom, a spacious family room and a sitting room, half bath, and an oversized storage room. Outdoors is where t ... (Read more)

Listing Details MLS# 7036986

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Other Parking Spaces: 3
Road Btwn WF & Home?: No
Waterfront Frontage: 160
Waterfront YN: Yes
Year Built: 1989
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1412
Above Grd Total SqFt: 1412
Below Grd Total SqFt: 952
Total SqFt: 2364
Total Finished Sqft: 2364.00
FireplaceYN: Yes
Lake/Waterfront Name: Tetonka
Style: (SF) Single Family
Foundation Size: 1220
Garage Stalls: 3
Lot Dimensions: 130 x 290 x 161 x 265
Acres: 0.96
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Dock; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors Appliances: Air-To-Air Exchanger; Dishwasher; Dryer; Energy Star Appliances; Freezer; Fuel Tank - Rented; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Storage Space Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath; 3/4 Primary; Private Primary; 1/2 Basement; Bathroom Ensuite; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Informal Dining Room; Kitchen/Dining Room Electric: Circuit Breakers Existing Financing: Cash Exterior: Vinyl Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: None Fireplace Characteristics: Family Room; Gas Burning Foundation: Concrete Block Fuel: Propane Heating: Forced Air Laundry: Laundry Closet; Main Level Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Medium; Underground Utilities Outbuildings: Greenhouse Parking Characteristics: Finished Garage; Multiple Garages; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; RV Access/Parking Pool Description: None Property Subtype: Cabin; Ranch-Style Home Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: Septic System Compliant - Yes Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: Drilled; Shared System; Well Waterfront Type: Lake Front Waterfront View: Lake; Panoramic; South

Contract Information

Contingency: None
Original List Price: 650000
ListPrice: 615000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 48937
Street Direction Prefix: N
Street Name: Shore
Street Suffix: Road
Postal City: Waterville
County: Le Sueur
State: MN
Zip Code: 56096

Assessments

Tax With Assessments: 4984
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 1412
Finished SqFt Below Ground: 952

More Information

Lake Details

Lake Acres: 1357
Lake Depth: 35

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 38 x 34
Garage Door Height: 8
Garage Door Width: 8
Garage Square Feet: 1292
Finished Garage: Yes
Multiple Garages: Yes
Floor Drain: Yes
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes
RV Access/Parking: Yes

Public Survey Info

Range#: 23
Section#: 19
Township#: 109

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-19 TWP-109 RANGE-023 .96 AC THAT PART OF G L 1 COMM AT NE COR OF SEC TH W 888.54 FT, SE 387.53 FT, NW 141.15 FT NW 87.22 FT, NW 212.35 FT TO BEG, TH SW 293 FT TO S. L., NW ALONG S. L. 162 FT, NE 283FT, TH SE 130 FT TO BEG
Listing City: Waterville
Map Page: 999
Municipality: Waterville Twp
School District: Waterville-Elysian-Morristown
School District Phone: 507-275-3115
DNR Lake ID#: 40003100
DNR Lake Classification: Recreational Development
Zip Plus 4: 4170
Property ID Number: 140192525
Tax Year: 2026
Tax Amount: 4984
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to your Lake Tetonka retreat where stunning views, incredible fishing, and laid-back lake life come together. With 160 feet of shoreline, this property offers the perfect escape for year-round living or relaxing weekends. A warm and inviting open layout with fresh paint, new carpet on main floor and updated lighting. The kitchen features all new stainless steel appliances and a new faucet. The large peninsula is perfect for gatherings, open to the dining and sunroom for entertaining. The living room centers around a stunning new gas fireplace and a large picture window that frames breathtaking lake views, bringing the outdoors in year-round. Step outside to the deck and unwind under the pergola with new lighting, surrounded by thoughtfully updated landscaping and hundreds of daffodils planted for spring. The lower level expands your living area with a lakeside third bedroom, a spacious family room and a sitting room, half bath, and an oversized storage room. Outdoors is where this property truly shines. A paved path down to the lake or the tiered stairs approach leads you down to the water, creating easy access to the shoreline. Enjoy evenings around the lakeside firepit, or easy fishing from your included dock and boat lift for a boating day on the lake. Lake Tetonka is well known for its excellent fishing—walleye, bass, panfish, and sunnies right off your dock—and even hosts local bass tournaments. The property also features a 3 car garage, 2 are heated with space for up to 6 vehicles. The third stall offers a rare pass-through design with a garage door also on the lake side. Bring gear to the lake via a paved path and easy path around the side of the garage. Three sheds and a greenhouse provide plenty of additional storage and flexibility. With thoughtful updates throughout, scenic views, and a setting designed for both relaxation and recreation, this is lake living at its best. Alright… let’s go fishing!
Directions: Highway 60 in Waterville, North on Highway 13, West on Tetonka Lake Rd, then South on North Shore Road to the home.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes

Appliances

Air-To-Air Exchanger: Yes
Dishwasher: Yes
Dryer: Yes
Energy Star Appliances: Yes
Freezer: Yes
Fuel Tank - Rented: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Storage Space: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Main Floor Full Bath: Yes
3/4 Primary: Yes
Private Primary: Yes
1/2 Basement: Yes
Bathroom Ensuite: Yes
Jetted Tub: Yes
Separate Tub & Shower: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes
Kitchen/Dining Room: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Cash: Yes

Exterior

Vinyl: Yes

Family Room Characteristics

2 or More: Yes
Lower Level: Yes
Main Level: Yes

Fencing

None: Yes

Fireplace Characteristics

Family Room: Yes
Gas Burning: Yes

Foundation

Concrete Block: Yes

Fuel

Propane: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Closet: Yes
Main Level: Yes

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Medium: Yes
Underground Utilities: Yes

Outbuildings

Greenhouse: Yes

Patio, Porch and Deck Features

Deck: Yes

Pool Description

None: Yes

Property Subtype

Cabin: Yes
Ranch-Style Home: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

Septic System Compliant - Yes: Yes

Special Search

All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes
Main Floor Primary: Yes
Primary Bdr Suite: Yes

Stories

One: Yes

Water

Drilled: Yes
Shared System: Yes
Well: Yes

Waterfront Type

Lake Front: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
South: Yes

Room Information

Room Name	Dimensions	Level
Deck	24 x 20	Main
Dining Room	13 x 12	Main
Family Room	18 x 15	Basement
First (1st) Bedroom	13 x 12	Main
Kitchen	12 x 12	Main
Library	17 x 13	Basement
Living Room	17 x 16	Main
Second (2nd) Bedroom	12 x 11	Main
Third (3rd) Bedroom	11 x 11	Basement

Documents

UPDATES.pdf ›

Floor Plans - 48937 N Shore Rd ›

Listing Office: Sagedahl Realty

Last Updated: June - 29 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.