Discover the perfect canvas for your dream lake home on beautiful Lake Tetonka, just minutes from Waterville. This 1.2 acre buildable lot is surrounded by mature trees, offering a peaceful, private setting that feels like a true retreat. With an impressive 173 feet of South facing shoreline, enjoy breathtaking sunrises, glowing sunsets, and sunlight dancing across the water throughout the day. Whether you envision a year round residence, a weekend getaway, or a legacy property for generations to come, this lot offers endless possibilities for design, creativity, and unforgettable memories. From mornings on the dock to evenings around the fire, lake living doesn't get much better than this. A rare opportunity to build on one of southern Minnesota's most loved lakes, come walk the property and imagine what's possible.
Contngnt-property sale
$269,900
48901 N Shore Rd, Waterville, MN 56096
--beds
--baths
1.2Acres
Residential
Built in ----
1.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Peaceful private settingSurrounded by mature trees
- 9 days |
- 264 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: January 09, 2026 at 12:58pm
Listed by:
Chad Ziemke,
Century 21 Atwood
Source: RASM,MLS#: 7039242
Facts & features
Property
Parking
- Parking features: RV Access/Parking
Features
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Tetonka
- Frontage type: Waterfront
Lot
- Size: 1.2 Acres
- Dimensions: 240 x 173
- Features: Accessible Shoreline, Tree Coverage - Medium
- Topography: Sloping
Details
- Parcel number: 146020030
Utilities & green energy
- Water: Shared Well
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Tax assessed value: $255,200
- Annual tax amount: $2,136
- Date on market: 1/1/2026
- Listing terms: Cash,Conventional,DVA
Estimated market value
Not available
Estimated sales range
Not available
$1,949/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/1/2026 | Listed for sale | $269,900 |
Source: | ||
| 3/1/2025 | Listing removed | $269,900 |
Source: | ||
| 4/15/2024 | Listed for sale | $269,900 |
Source: | ||
| 2/29/2024 | Listing removed | -- |
Source: | ||
| 9/24/2023 | Listed for sale | $269,900 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,008 +5.1% | $255,200 |
| 2023 | $1,910 +21.7% | $255,200 +12.6% |
| 2022 | $1,570 +47.3% | $226,700 +40.2% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 56096
Nearby schools
GreatSchools rating
- 6/10Waterville Elementary SchoolGrades: PK-4Distance: 3.9 mi
- 8/10Waterville-Elysian-Morristown Jr.Grades: 7-8Distance: 9.5 mi
- 6/10Waterville-Elysian-Morristown Sr.Grades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- District: Waterville-Elysian-Morristown #2143
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading





