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Watertown Homes For Sale

Watertown is a small city in Carver County, Minnesota, United States. It is located approximately 30 miles west of Minneapolis and has a population of about 4,200 people. Watertown is known for its parks, small-town charm, and strong sense of community. Popular attractions in Watertown include the Luce Line State Trail, the Carver County Fair, and the local farmers' market. The city also has several local businesses and restaurants, as well as easy access to larger shopping centers and entertainment venues in nearby cities like Plymouth and Minnetonka.

Real estate in Watertown, Minnesota is a mix of residential and commercial properties. The housing market in Watertown is considered to be competitive, with a median home value of around $300,000. The city offers a range of housing options, including single-family homes, townhouses, and apartments. There are also many new developments being built in the area to accommodate the growing population. Commercial real estate in Watertown includes retail spaces, office buildings, and industrial warehouses. The city has a business-friendly environment and offers incentives for businesses looking to relocate or expand in the area. Overall, real estate in Watertown offers a range of options for both residents and businesses.

Watertown, Minnesota is home to several lakes, including:

1. Lake Minnetrista: This is the largest lake in Watertown and covers an area of approximately 680 acres. It is a popular destination for fishing, boating, and swimming.

2. Little Waverly Lake: This is a small, quiet lake that is perfect for kayaking and paddleboarding. It covers an area of about 53 acres and is surrounded by wooded areas and wildlife.

3. Lake Charlote: This is another small lake located in Watertown that covers an area of approximately 44 acres. It is known for its fishing opportunities and peaceful atmosphere.

4. Waverly Lake: This is a 114-acre lake located just east of Watertown. It offers opportunities for fishing, boating, and swimming, and is a popular spot for picnics and family gatherings.

In addition to these lakes, Watertown is also close to Lake Minnetonka, which is one of the largest and most popular lakes in Minnesota.

According to the United States Census Bureau, as of the 2020 census, the population of Watertown, Minnesota was estimated to be around 4,225 people. Here are some key demographic characteristics of the city:

1. Age: The median age in Watertown is 39.7 years, with approximately 23% of the population under the age of 18 and 17% over the age of 65.

2. Gender: Females make up 50.5% of the population, while males make up 49.5%.

3. Race/Ethnicity: Watertown is predominantly White, with 91.4% of the population identifying as White alone. The remaining 8.6% of the population identifies as other races or multiple races.

4. Education: Approximately 93% of the population over the age of 25 are high school graduates, and 32% have obtained a bachelor's degree or higher.

5. Household Income: The median household income in Watertown is around $89,000 per year.

Overall, Watertown is predominantly a White, middle-class community with a relatively young population.

Latest Watertown Real Estate for Sale

$925,000

6 Beds ⋅ 5 Baths ⋅ 7163256 MLS

Experience the perfect blend of modern comfort, thoughtful design, and peaceful acreage living in this exceptional custom-built two-story home, built in 2022 and offering 3,407 sq. ft. of beautifully designed living space. With 6 bedrooms, 5 bathrooms, and a heated 4-stall garage complete with a convenient dog shower, this property offers space, versatility, and amenities that truly stand out. Inside, 9-foot ceilings, abundant natural light, and a warm wood-burning fireplace create an inviting atmosphere. The well-appointed kitchen is the heart of the home, featuring a large center island, staggered cabinetry, pantry, a 5-burner gas range with griddle, and double ovens—perfect for everyday living and entertaining. The upper level offers a private owner's suite with elegant tray ceilings and walk-in closets, three additional spacious bedrooms, a versatile loft, and convenient laundry with an adjoining 3/4 bathroom. The finished lower level adds two more spacious bedrooms and additional living space to suit your needs. Quality details include Andersen windows, luxury vinyl plank flooring on the main level, in-floor step lighting, comfort-height bathroom vanities with granite countertops, and a Water Doctor water treatment system, security system, backup generator and more! Step outside and discover the beauty of 16.82 wooded acres, where mature trees create a peaceful setting with room to roam with established trails throughout to enjoy the outdoors. Front yard is lined with beautiful lilacs to provide privacy from the road. A spacious front porch welcomes you home, while established raspberry bushes, apple, pear, apricot, and plum trees offer seasonal harvests. Multiple hunting stands provide added appeal for deer hunting enthusiasts and those who appreciate the outdoors. A rare opportunity to enjoy the space, privacy, and natural beauty of acreage living paired with the comfort and conveniences of a newer custom-built home. Waconia School district! Inside pictures soon!

11320 Highway 7, Watertown

Listing courtesy of National Realty Guild.

$369,900

3 Beds ⋅ 2 Baths ⋅ 7139702 MLS

Skip the wait and the price of new construction. Welcome to the Linden II from Loomis Homes. This 3-bedroom, 2-bath home offers 1,362 finished square feet, new carpet, fresh paint, and a good-sized lot in Watertown. The main living areas are clean and refreshed, so you can move in and settle right away. There are no build timelines, upgrade fees, or empty yards to finish. The unfinished basement gives you room to grow. Framing is mostly complete, and there's space to add two more bedrooms and another bathroom, which is a clear path to more living space and equity over time. Outside, the lot has room for kids, pets, gardening, or relaxing in the backyard. The home is minutes from downtown Watertown, local parks and trails, and Watertown-Mayer schools. Highway 25 and Highway 7 make the commute to the western metro easy, so you get a small-town pace with big-metro access. Seller is offering a permanent or temporary buydown with a good offer. A quick close is also possible.

902 Poplar Lane, Watertown

Listing courtesy of Coldwell Banker Realty.

$325,000

3 Beds ⋅ 3 Baths ⋅ 7160735 MLS

Premium end unit with a sweet design featuring front and back covered porches. The main level offers an open concept layout with a spacious living room, dining room, and a large kitchen anchored by a center island, plus a convenient half bath. You'll also appreciate the updated sound and security windows on this level. The upper level adds a family room, a large primary suite with full bath, two gorgeous bedrooms, and additional full bath, and a dedicated laundry area.

675 Sienna Drive, Watertown

Listing courtesy of Edina Realty, Inc..

$279,900

3 Beds ⋅ 2 Baths ⋅ 7158092 MLS

Welcome to Watertown! This quaint and charming community offers small town living on the scenic Crow River, Luce Line Trail offers walking and bike trails just a short walk from your door, a charming historic downtown and wonderful local traditions! This is a great opportunity to get an updated home priced under 300K. This twin home has it all! Spacious living areas including an oversized fenced in yard and storage shed. Newer roof and siding. Freshly painted interior, Ample storage space in the 2 car garage. Spacious entry, kitchen boasts oak cabinetry, newer fridge and LVT flooring, dining area has plenty of space for a utility desk or hutch. This home is light and bright and offers one level living! Lawn sprinkler system too.

704 Reo Road, Watertown

Listing courtesy of Coldwell Banker Realty.

$325,000

5 Beds ⋅ 3 Baths ⋅ 7157967 MLS

Welcome to this beautifully remodeled 5-bedroom, 3-bathroom two-story home offering 2,010 finished square feet in the heart of Watertown! Combining classic charm with modern updates, this home has been thoughtfully remodeled throughout. Step inside to discover an inviting interior featuring updated flooring, lighting, and stylish finishes. The spacious kitchen is a standout, featuring a center island, updated cabinetry, countertops, and beautiful wood-accent ceilings that add warmth and character. With five bedrooms, there's plenty of flexibility for family, guests, a home office, or additional living space. All three bathrooms have been updated, including a full bathroom, a three-quarter bathroom, and a convenient half bath. Enjoy the welcoming covered front porch, spacious yard, and mature trees. The detached two-car garage provides additional parking and storage, including a generous unfinished upper-level area with exciting possibilities. Conveniently located near local parks, shopping, dining, and everyday amenities, this move-in-ready home offers the perfect combination of space, character, and modern comfort. Don't miss this opportunity!

501 White Street SW, Watertown

Listing courtesy of Bridge Realty, LLC.

$399,999

4 Beds ⋅ 2 Baths ⋅ 7153835 MLS

This 4-bed, 2-bath home features a highly desirable 3 bedrooms-on-one-level layout. The main floor also includes vaulted ceilings, LVP flooring, a bright kitchen with Quartz countertops, and center island with breakfast bar seating. Relax in the primary suite complete with walk-in closet and 3/4 ensuite bathroom. The partially finished lower level adds value with the large family room and 4th bedroom, perfect for guests or an office. Walls and flooring are done--just need to add the trim package. Enjoy outdoor living on the 12x12 deck or head down the stairs to the expansive corner lot yard. Top it all off with a heated 3-car garage and asphalt driveway. Don't miss this one!

813 Hickory Curve, Watertown

Listing courtesy of Edina Realty, Inc..

$450,000

4 Beds ⋅ 3 Baths ⋅ 7149726 MLS

This completed new construction 4-bedroom, 3 bathroom home features an open floor plan and a vaulted ceiling in the living, dining, and kitchen. The kitchen boasts laminate floors, dark cabinets, an island, pantry, quartz countertops, and upgraded stainless steel appliances. The owners suite includes a private bathroom. The finished lower level offers a huge family room, two additional bedrooms, and a full bathroom. Full sheetrock and insulated in the oversized 3 car garage. The property is perfect for those who are looking for a brand new home with plenty of space and modern features. Don't miss your chance to own this fantastic property!

581 Sienna Drive, Watertown

Listing courtesy of RE/MAX Results.

$284,000

2 Beds ⋅ 2 Baths ⋅ 7148777 MLS

Charming and inviting 2 bedroom home with wonderful character and comfortable main-level living! All living facilities are conveniently located on the main level, making everyday living easy and accessible. The home features newer appliances, a new A/C unit and furnace, and a beautiful rear porch with an additional sunroom—perfect for relaxing, enjoying your morning coffee, or taking in the peaceful surroundings. The lower level offers excellent potential for additional living space, including a room with an egress window that could function as a third bedroom with the addition of a closet. Outside, the beautiful backyard is filled with established gardens, creating a lovely private setting to enjoy throughout the seasons. A charming home with character, thoughtful updates, and wonderful indoor and outdoor spaces!

304 Territorial Street E, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$559,900

5 Beds ⋅ 3 Baths ⋅ 7142257 MLS

Welcome to your dream home in The Cove at River Ridge community of Watertown! This stunning two-story new construction offers a perfect blend of modern design, functionality, and comfort. The main level features stylish wood laminate flooring in the entry, great room, dining room and kitchen, an inviting electric fireplace, and a kitchen equipped with quartz countertops, a full stainless steel appliance package, and a spacious center island - ideal for everyday living and entertaining. You'll also appreciate the convenient mudroom and half bath just off the garage entry. Upstairs, you'll find five generous bedrooms, including a luxurious owner's suite complete with a private bath and walk-in closet. A laundry room on the upper level adds everyday convenience. The fifth bedroom offers flexible space - perfect for a home office or an additional family room to suit your needs. The unfinished lower level provides excellent potential to expand your living space, with room for a future family room, bedroom, and bathroom. Don't miss this incredible opportunity to own a brand-new home at an affordable price in a great location!

578 Sienna Drive, Watertown

Listing courtesy of RE/MAX Results.

$1,000,000

4 Beds ⋅ 3 Baths ⋅ 7039645 MLS

Thirteen acres and nine meticulously restored buildings surround a 1911 farmhouse reimagined for how people live today, just 40 minutes from the Twin Cities. Every restoration respected the home's original character — the materials, the craftsmanship, the detail — while layering in the conveniences today's homeowners expect. The main residence offers four bedrooms, three bathrooms, and over 4,200 square feet. The additional structures bring rare flexibility: room for a home office, hobby space, guest accommodations, or space suited to hosting events. A truly distinctive property with room to grow into whatever comes next.

14425 County Road 112, Watertown

Listing courtesy of Lakes Sotheby's International Realty.

$652,433

4 Beds ⋅ 3 Baths ⋅ 7141423 MLS

To-be-built Everleigh Rambler in The Cove at River Ridge in Watertown, MN! A completed model is available to tour in a nearby neighborhood so you can experience this beautiful floor plan before you build. Situated on a private, wooded walkout lot, this thoughtfully designed home features an open-concept main level with a great room, electric fireplace, stained cabinetry, large center island, and solid wood 3-panel doors. The main level includes two bedrooms, including a primary suite with a walk-in closet, shower, and double vanity. The finished walkout lower level offers a spacious family room, two additional bedrooms, ¾ bath, and plenty of storage. Complete with a 3-car garage and conveniently located near Waconia and Victoria with area lakes, shopping, and dining. Reach out today for a showing!!

437 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

$489,980

3 Beds ⋅ 4 Baths ⋅ 7140667 MLS

UNDER CONSTRUCTION – Rhode Island Plan! The home is estimated to be complete in November 2026. This stunning two-story home is located in The Cove at River Ridge. This thoughtfully designed home offers 4 bedrooms, 3 bathrooms, and a 3-car garage. The main level features a bright living area, a stylish kitchen with quartz countertops, a center island, and a walk-in pantry, plus a dining area and convenient half bath. Upstairs, you'll find a spacious primary suite with a walk-in closet and private bath, along with three additional bedrooms, a full bath, and a laundry room. The unfinished lower level includes bathroom rough-ins, providing an excellent opportunity to add future living space and build equity. Builder and lender incentives are available. Call for more details!

533 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

$504,850

3 Beds ⋅ 3 Baths ⋅ 7139225 MLS

UNDER CONSTRUCTION – HOUSE FOR SALE! Check out the Virginia IV in The Cove at River Ridge in Watertown, MN! This beautiful home currently under construction features an open floor plan with 3 bedrooms, 3 bathrooms, and a 3-car garage. Enjoy convenient one-level living with the owner’s suite, a guest bedroom, and an additional bathroom all on the main level. The finished lower level includes a flex room, an additional bedroom and bathroom, and a spacious family room. The home also features a walkout basement with a patio, today’s latest colors and finishes, and modern energy-efficient features. Reach out today for more information or to see this home, and be sure to ask about available builder and lender incentives! Please note: The photos shown online are of a different home in a different development. Colors, finishes, and options may vary.

530 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

$462,900

5 Beds ⋅ 4 Baths ⋅ 7127424 MLS

Financing Special: Seller is offering 1% toward buyer closing costs to help buy down your interest rate. Spacious, light-filled home with room to gather, relax and grow. Warm natural woodwork, hardwood floors and a striking stone fireplace highlight the main level. The kitchen offers abundant cabinetry, stainless steel appliances, a large center island and easy flow to the dining area and expansive deck. A main-floor bedroom/office/flex space, half bath and laundry add versatility. Upstairs, the private primary suite features a walk-in closet and full bath with dual sinks, jetted tub and separate shower, plus 2 additional bedrooms—all 3 on one level. The finished walkout lower level adds a generous family/rec room, updated 3/4 bath with walk-in shower and plenty of storage. Outside, enjoy a covered front porch, large backyard, elevated deck, sidewalk-lined neighborhood and playground view. An attached 3-car garage completes this well-designed home.

930 Aspen Circle, Watertown

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$265,000

3 Beds ⋅ 2 Baths ⋅ 7116809 MLS

Well-maintained 3-bedroom, 2-bath walkout rambler in a quiet setting with convenient main-level living. Open-concept layout with newer flooring and carpet, kitchen with center island, spacious bedrooms and new hot water heater. Walk-out lower level offers a second kitchen and additional living space. Insulated garage, back deck, and patio. Additional updates throughout provide extra convenience for everyday living. Best deal around!

717 Green Avenue SE, Watertown

Listing courtesy of Vanderlinde Group | Edge Realty, Inc..

721 Industrial Boulevard Unit B12, Watertown

$175,000

7128686 MLS

This well-appointed 1,004 SF unit features sheet-rocked walls, tin ceiling, 14' insulated overhead door with opener, LED lighting, in-floor heat, 100-amp electrical service, floor trench drain, fire suppression system, spray foam insulation, rough-in bath with shower, and structural design for a future mezzanine. Exterior boasts LP siding, an asphalt shingle roof, concrete aprons, and a paved asphalt lot. Available utilities include electricity, natural gas, city water/sewer, and phone/cable/internet. Association services include lawn care, snow removal, refuse removal, and security. Planned community enhancements include gated access, security fencing, a wash bay, a dump station, and an owners' lounge. Upcoming unit upgrades include the installation of a combination boiler/water heater, 2 additional LED bay lights, 8 extra outlets, a 50-amp RV/camper outlet, a dehumidifier, and an exhaust fan. Financing options are available. Commercial zoning allows for a variety of business and personal storage uses.

721 Industrial Boulevard Unit B12, Watertown

Listing courtesy of Edina Realty, Inc..

721 Industrial Boulevard Unit A4, Watertown

$1,500

7089194 MLS

Garage condo unit available for lease. Minimum 1 year term. Lease includes HOA fees. Renter overs utilities. Secured gated entrance with on site security cameras. No outside overnight parking allowed. This upgraded unit features half bath, epoxy floors and a 416 SF mezzanine for added versatility. Ideal for personal storage, a workshop or hobby space, man cave, small business, or wide range of flexible needs.

721 Industrial Boulevard Unit A4, Watertown

Listing courtesy of Edina Realty, Inc..

$459,570

3 Beds ⋅ 3 Baths ⋅ 7068252 MLS

Builder proudly presents the to-be-built Bismarck II floor plan. Build this plan as designed, or let us help you customize a home that fits your needs. Located in The Cove at River Ridge in Watertown, this rural neighborhood offers the perfect setting for those looking to build in the country and enjoy small-town living while still having quick access to the cities. The Bismarck II is a rambler-style home featuring the primary bedroom suite, kitchen, and laundry all on the main level. The finished walkout basement provides additional living space, along with plenty of room for storage. For more information about this 3-bedroom, 3-bath, 2-car garage home, reach out today and make 542 Sienna Drive your own slice of country paradise. You are also invited to visit our model home located at 605 Sienna Dr, Watertown.

542 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

$275,000

2 Beds ⋅ 1 Baths ⋅ 7066261 MLS

Welcome home to this modern townhome set in a peaceful neighborhood while still offering quick access to everyday conveniences. The area features paved walking trails, a community park, and nearby options for dining, groceries, and local retail. The main level showcases an open floor plan that supports daily living. The kitchen includes stainless steel appliances, a center island, and luxury vinyl plank flooring. The lower level now features a newly finished family room. Both bedrooms have walk-in closets and share a full bathroom with dual sinks. Step outside to the deck, complete with maintenance-free decking. This home blends comfort, convenience, and quality—move-in ready and waiting for its next owner.

1475 Riverpointe Road, Watertown

Listing courtesy of Keller Williams Realty Integrity Northwest.

$459,650

6 Beds ⋅ 3 Baths ⋅ 7036386 MLS

HOUSE FOR SALE!!! Check out this fabulous 6-bedroom, 3-bathroom home with a 3-car garage in the wonderful Cove 1st Addition! The large foyer greets you as you enter the home. Upstairs, you’ll find an open kitchen, dining area, and great room. The main level includes the primary bedroom and private bath, bedrooms 2 and 3, and an additional 3/4 bath. The lower level features 3 additional bedrooms, a 3/4 bath, and a large family room. Enjoy lots of natural light! Reach out today for more information about 569 Sienna Dr., Watertown.

569 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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