49136 Riverside Lane
Waterville Twp, MN 56096
- 2 beds
- 1 bath
- 992 sqft
- 12,283 sqft lot
- $432 per sqft
- 1962 build
- – on site
Check out this rare North Shore gem on Tetonka Lake! Nestled on the coveted private part of desirable Tetonka Lake, this charming year-round lake home offers the perfect blend of rustic character, peaceful surroundings, and untapped potential. With only two owners in its history, this beloved property exudes warmth and a “cabin-at-the-lake” vibe that invites you to slow down and soak it all in. Step inside to find soaring vaulted ceilings, a cozy wood burning fireplace, a large kitchen island for gathering, and an open-concept layout where the kitchen, great room, and deck space flow seamlessly, framed by breathtaking lake views. The wall of windows and sliding doors lead to a spacious, nearly wraparound deck where morning coffee or evening sunsets are simply unforgettable. Two cozy bedrooms and a 3/4 bath complete the main level, while the unfinished walkout basement offers the chance to nearly double your square footage. It's ready for a future bedroom, bath, and bonus living space, imagine the possibilities! Following the Waterville flooding, the lower level was professionally cleaned and gutted, providing a fresh slate for your dream design. Whether you're envisioning a cozy retreat, a modern update, or a multi-generational getaway, this home is ready to rise to the occasion. Tucked away in a quiet and desirable location, you're just minutes from the heart of Waterville, a short hop to Elysian, and an easy commute to Mankato or Faribault. Here, life feels like a getaway...but it’s home!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 17, 2025
•
MLS# 6715548 —
Upcoming Open Houses
-
Sunday, 5/18
12pm-2pm
The Building
-
Year Built:1962
-
New Construction:false
-
Age Of Property:63
-
Construction Materials:Wood Siding
-
Roof:Asphalt, Pitched
-
Accessibility Features:None
-
Levels:One
-
Main Level Finished Area:992.0000
-
Basement:Block, Unfinished, Walkout
-
Basement:true
-
Foundation Area:1216
-
Foundation Dimensions:992
-
Manufactured Home:No
-
Building Area Total:1984
-
Above Grade Finished Area:992
Interior
-
Dining Room Description:Eat In Kitchen
-
Fireplace:true
-
Fireplaces Total:1
-
Fireplace Features:Wood Burning
-
Amenities:Deck
Room Dimensions
-
Living Area:992
Location
-
Directions:Hwy 13, turn on Tetonka Lake Rd, left on Riverside Lane to home on the right.
-
Latitude:44.237072
-
Longitude:-93.624853
The Property
-
Parcel Number:146410040
-
Zoning Description:Shoreline,Residential-Single Family
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:false
-
Additional Parcels:false
-
Lot Features:Accessible Shoreline, Some Trees
-
Lot Size Area:0.28
-
Lot Size Dimensions:85x155
-
Lot Size SqFt:12283.92
-
Lot Size Units:Acres
-
View:North
-
Lake Chain:N
-
Lake Acres:1357
-
Lake Depth:35
-
Water Body Name:Tetonka
-
Waterfront Feet:85
-
Road Between Waterfront and Home:No
-
Water Source:Shared System, Well
-
Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (507) 210-1625
- Office phone:
- (320) 500-4397
Taxes
-
Tax Year:2024
-
Tax Annual Amount:3078
-
Tax With Assessments:4100.0000
Beds
-
Bedrooms Total:2
Baths
-
Total Baths:1
-
Three Quarter Baths:1
Heating & Cooling
-
Heating:Forced Air
-
Cooling:Central Air
Utilities
-
Electric:Circuit Breakers
-
Sewer:Private Sewer
Schools
-
High School District:Waterville-Elysian-Morristown
The Community
-
Subdivision Name:Raedeke Sub
-
Waterfront:true
-
Waterfront Features:Lake Front
-
Association:false
-
Assessment Pending:No
Parking
-
Parking Features:Asphalt
-
Parking Open:1
Monthly cost estimate

Asking price
$429,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,297
|
Taxes | $256 |
Insurance | $117 |
Utilities | $156 See report |
Total | $2,826/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/16/25
May 16, 2025
|
Listed / Active | NORTHSTAR | $429,000 |