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Owner is an Agent?: No

Auction?: No

Status: Active

Contingency: None

Current Price: $449,900

Original List Price: 469900

ListPrice: 449900

List Date: 2026-07-11

Association: SPAAR

# Carport Spaces: 2

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 0

Road Btwn WF & Home?: No

Waterfront YN: Yes

Year Built: 1984

Yearly/Seasonal: Yearly

Zoning: Shoreline, Residential-Single Family

Lot Dimensions: 32 X 182 X 66 X 188

Acres: 0.2

Bath Three Quarters: 2

Bath Half: 0

Lake/Waterfront Name: Tetonka

Bath Quarter: 0

Main Floor Total SqFt: 840

Above Grd Total SqFt: 1179

Below Grd Total SqFt: 0

Total SqFt: 1179

Total Finished Sqft: 1179.00

FireplaceYN: No

Foundation Size: 840

Style: (SF) Single Family

Garage Stalls: 2

Association Fee: 0

Assessment Pending: No

Bedrooms: 4

Baths Total: 2

AssocFeeYN: No

Legal Description: OUTLOTS-SNOWS ADDN .20 AC BEG 419.01 FT W & 1184.12 FT N OF SW COR OF LOT 1,BLK 3 SNOWS ADDN, TH NW 2.62 FT, NW 30 FT, W 59.77 FT, SW 88.59 FT, W 55 FT +/- TO S.L.OF LAKE TETONKA, TH SE'LY 68 FT (GIS) ALONG SL,NE 188 FT +/- TO BEG

Listing City: Waterville

Map Page: 999

Municipality: Waterville

School District: Waterville-Elysian-Morristown

School District Phone: 507-275-3115

DNR Lake ID#: 40003100

DNR Lake Classification: Recreational Development

Zip Plus 4: 1074

Property ID Number: 246000200

Tax Year: 2025

Tax Amount: 1194

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Public Remarks: Virtual Tour is an informational Video! Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential, or guest accommodations, the private-access upper loft serves as a complete suite equipped with its own kitchen, living room, bedroom, and bath. Outdoor entertainment options abound with a versatile lakeside boat house that functions as a screened-in porch during summer months and offers drive-on ATV access for ice fishing in the winter. The massive 32x22 insulated and heated garage pulls double duty as the ultimate party space and for recreational toy storage. Located in a golf-cart and ATV-friendly community, residents enjoy casual transport to local restaurants, taverns, parks, and the city sand beach. Waterville serves as the perfect central rest stop along the 39-mile, fully paved Sakatah Singing Hills State Trail, spanning from Mankato to Faribault. This cottage is the ultimate destination to gather, relax, and create lasting memories with family and friends for years to come. Book your tour today. It can close fast so you can still enjoy lakelife this summer!

Directions: From intersection of MN 13 and MN 60. Head North on MN 13 to Reed. Turn left or west. Cottage is 1st home on right. If coming from the North heading South you will drive along Lake Tetonka, Reed Street will be on your right, Turn Right and you will see Cottage. 945 Reed!

None: 1

Central Air: 1

Ductless: 1

Window Unit(s): 1

Dock: 1

Main Floor Primary Bedroom: 1

Panoramic View: 1

Patio: 1

Washer/Dryer Hookup: 1

Dryer: 1

Range: 1

Refrigerator: 1

Washer: 1

Assessment Balance: 0

Tax With Assessments: 860

Not Assumable: 1

Crawl Space: 1

Foundation Dimensions: 35 x 24

Main Floor 3/4 Bath: 1

Upper Level 3/4 Bath: 1

Finished SqFt Above Ground: 1179

Block: 1

Frame: 1

Previously Owned: 1

Informal Dining Room: 1

Circuit Breakers: 1

Elevation Highpoint Waterfront Feet: 0-4

Level: 1

Other: 1

Shakes: 1

Vinyl: 1

2 or More: 1

Loft: 1

Main Level: 1

None: 1

Concrete Block: 1

Natural Gas: 1

Forced Air: 1

Insurance Fee: 0

Hard: 1

Lake Acres: 1357

Lake Depth: 35

Sand: 1

Land Leased: Not Applicable

Accessible Shoreline: 1

Tree Coverage - Medium: 1

Underground Utilities: 1

DP Resource: Yes

Homestead: No

Boat House: 1

Fractional Ownership: No

Finished Garage: 1

Garage Dimensions: 22 X 31

Garage Door Height: 7

Garage Door Width: 16

Garage Square Feet: 702

Multiple Garages: 1

Driveway - Shared: 1

Garage Door Opener: 1

Heated Garage: 1

Insulated Garage: 1

Front Porch: 1

Patio: 1

Cabin: 1

Patio Home: 1

City Street: 1

Paved Streets: 1

Storm Sewer: 1

Street Lights: 1

Public Maintained Road: 1

Age 8 Years or Less: 1

Asphalt Shingles: 1

Existing In-Law w/Bath: 1

Existing In-Law w/Kitchen: 1

Cash: 1

Conventional: 1

FHA: 1

Rural Development: 1

City Sewer/Connected: 1

3 BR on One Level: 1

All Living Facilities on One Level: 1

Main Floor Bedroom: 1

Main Floor Laundry: 1

Main Floor Primary: 1

One and One Half: 1

City Water/Connected: 1

Lake Front: 1

Lake: 1

Panoramic: 1

West: 1

See Remarks: 1

House Number: 945

Street Name: Reed

Street Suffix: Street

Street Direction Suffix: N

Postal City: Waterville

County: Le Sueur

State: MN

Zip Code: 56096

Complex/Dev/Subdivision: Outlots-Snows Add