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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

$409,900

3 Beds ⋅ 2 Baths ⋅ 7118239 MLS

This home is ready to close! Welcome to the Poplar plan - a rambler with an open concept main floor plan and plenty of natural light. The welcoming main entry leads to a kitchen with a breakfast bar, dining room, and large family room on the main level. Just down the hall is your primary suite with private 3/4 bath and walk-in closet along with 2 more bedrooms, a full bathroom, and laundry.

648 Hawthorne Lane, Watertown

Listing courtesy of Keller Williams Realty Integrity Lakes.

$450,000

3 Beds ⋅ 3 Baths ⋅ 7118130 MLS

Beautiful 3 bed, 3 bath walkout two story on a premium lot with no backyard neighbors. Home backs a large pond, offering peaceful views and added privacy. Exterior perks include an invisible fence, irrigation system, newer roof and siding, and a big deck for outdoor enjoyment. Inside, the main level features an oversized living room with a cozy gas fireplace that opens to the dining room, a large kitchen with center island, and office/flex space, and a laundry area. Upstairs you'll find three generous bedrooms, including a primary suite with a walk-in closet, separate tub and shower, and a jetted tub. The walkout lower level is ready for your finishing touches.

316 Arnica Drive, Watertown

Listing courtesy of Edina Realty, Inc..

$599,900

4 Beds ⋅ 2 Baths ⋅ 7116640 MLS

Welcome to this one-of-a-kind 4-bedroom, 2-bath hobby farm set on 6.7 beautiful acres in Watertown, MN. Offering the perfect blend of country living, privacy, and convenience, this property is ideal for anyone seeking room to roam, space for animals, or a versatile setup for hobbies or a home-based business. The home has been thoughtfully updated with many major improvements, including a newer roof, fresh paint, updated flooring, refreshed bathrooms, modern lighting, and more, creating a warm and move-in-ready feel throughout. Outside, the possibilities are endless. Enjoy a greenhouse, established gardens, orchard, fenced horse pastures, barn, chicken coops, and abundant open space for recreation, storage, equipment, or future projects. With extensive parking and storage capabilities, the property offers incredible flexibility for business owners, contractors, animal lovers, gardeners, or anyone looking for a peaceful acreage lifestyle. Property is located in the highly saught after Waconia school district! Whether you’re dreaming of a private retreat, a working hobby farm, or a property with room to grow your business and your vision, this Watertown acreage is a rare opportunity you won’t want to miss. Schedule your showing today!

5345 Oxford Avenue, Watertown

Listing courtesy of Pro Flat Fee Realty LLC.

$395,000

4 Beds ⋅ 2 Baths ⋅ 7117086 MLS

Set on a quiet, established street with mature trees and a great backyard, this well-loved 2-story Watertown home offers space, charm, and everyday livability. With 4 bedrooms on the upper level, the layout is hard to find and offers great function. The main floor features an updated kitchen with enameled cabinetry, granite countertops, new flooring, and updated lighting in select areas. Enjoy multiple spaces to gather, including a comfortable living room, dining area, screen porch, and a spacious lower-level rec room with a classic retro feel. The backyard offers room to play, garden, relax, and enjoy the established setting. A 2-car attached garage, generous city lot, and lower-level bathroom rough-in add extra convenience and future potential. A wonderful blend of updates, character, and matu neighborhood appeal!

713 Nixon Avenue SE, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$524,900

5 Beds ⋅ 3 Baths ⋅ 7116383 MLS

Welcome home to this beautifully maintained one-level home offering over 3,100 finished square feet of exceptional living space with an ideal open floor plan designed for both everyday living and entertaining. From the moment you step inside, you'll appreciate the soaring vaulted ceilings, abundant natural light, and spacious layout that creates a warm and inviting atmosphere. The heart of the home is the beautiful kitchen, featuring ample cabinetry, generous countertop space, and an open design that flows seamlessly into the dining area and spacious living room. The impressive living room is highlighted by a stunning floor-to-ceiling stone gas fireplace, creating the perfect gathering space for family and friends. The main level offers the convenience of three bedrooms, including a private primary suite complete with a 3/4 bathroom. A full main-level bathroom and conveniently located laundry room make single-level living both comfortable and practical. The newly finished lower level significantly expands the living space with a large family room that's perfect for movie nights, game days, or entertaining guests. You'll also find two additional spacious bedrooms, a full bathroom, and an abundance of storage space to meet all of your needs. Step outside and enjoy your morning coffee on the welcoming covered front porch or relax in the private backyard while taking in peaceful pond views. The outdoor setting provides a wonderful combination of privacy and scenic beauty, making it an ideal place to unwind after a long day. With five bedrooms, three bathrooms, over 3,100 finished square feet, a thoughtfully designed floor plan, and meticulous care throughout, this home offers the perfect blend of space, comfort, and functionality. Conveniently located near parks, walking trails, schools, shopping, and dining, this move-in-ready home is an incredible opportunity that you won't want to miss!

1406 Balsam Lane, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$1,595,000

10 Beds ⋅ 10 Baths ⋅ 7113000 MLS

Exceptional townhome development opportunity in the growing community of Watertown. This fully platted development consists of 12 individually platted townhome lots (12 separate PIDs) with 5 existing units and approvals for 7 additional units. The existing residences include four 2BR/2BA units and one 3BR/2BA unit, each offering 1,408 finished sq. ft., walkout lower levels, and attached two-car garages. Numerous capital improvements have been completed, including newer windows and entry doors, a roof approximately 9 years old, and many units featuring updated kitchens, HVAC systems, bathroom vanities, and flooring. Tenants pay all utilities, providing an attractive investment opportunity. The remaining 7 lots offer excellent development potential, with the southern three lots accommodating larger 22' x 48' building footprints and the northern four lots designed for expansive 22' x 66' footprints - allowing substantially larger townhomes than the existing units. Utilities are available in the street, reducing future development costs. A rare opportunity to acquire an income-producing asset with significant expansion potential.

417 Hunter Drive, Watertown

Listing courtesy of Dane Arthur Real Estate Agency.

$475,000

4 Beds ⋅ 3 Baths ⋅ 7108947 MLS

Dynamite floor plan. Large walkout rambler with 1647 FSF on the main and 2575 total. (potential unfinished utility and storage room to FSF 719 total) Open kitchen/living room, dining room, beautiful woodwork and cabinets, granite, breakfast island. Cozy gas fireplace. Huge master suite, custom closet organizer. Also on main is large laundry room and mud room with built-ins and office to boot! Lower level has large family room and 2 additional bedrooms.

965 Aspen Circle, Watertown

Listing courtesy of Edina Realty, Inc..

$229,900

2 Beds ⋅ 3 Baths ⋅ 7101788 MLS

Multiple offers received. Welcome home to this nicely updated 2-bedroom, 3-bathroom townhome in a desirable Watertown neighborhood. Fresh paint and new flooring throughout give the home a clean, move-in-ready feel. The main level offers an open layout with vaulted ceilings and a cozy fireplace in the living room, flowing seamlessly into the dining area and kitchen. The kitchen features granite countertops, stainless steel appliances, and plenty of cabinet space. Just off the dining area, you'll find a private deck with stairs leading down to the backyard. Upstairs, you'll find a versatile loft along with two generously sized bedrooms including a spacious master bedroom suite with its own private bath, vanity area, and large closet. The walkout lower level offers a huge family room, an additional bathroom, and the laundry/mechanical room. Step outside through the sliding glass door to enjoy the covered patio. Schedule your showing today to see everything this home has to offer.

705 Green Avenue SE, Watertown

Listing courtesy of True Neighbor Realty.

$415,000

4 Beds ⋅ 2 Baths ⋅ 7098558 MLS

Welcome to this meticulously maintained and updated 4 bedroom 2 bathroom home. The backyard features a beautiful rec pool for sports(3 1/2' at entrance x 5 1/2' in the middle for volleyball x 4' by the basketball hoop), mature garden beds, a large flat lawn for games and plenty of room for entertaining. The garage is a man cave dream-3 cars wide with an additional bumpout, extended ceilings and in-floor heat! The interior of the home has been beautifully maintained with all major updates taken care of over time. Don't wait to see this one! 2026-New Water Softner, 2025-New Carpet and Flooring in Basement, 2024-New Sidewalk & Garage Apron, New Pool Filter & Pump 2022 - New Front Door & Garage Service Door, New Flooring Upstairs Bathroom, New Furnace & A/C New Sump Pump & Drainage Boxes in Front Yard, New Gas Fireplace installed 2021 - New Flooring Upstairs Living Room, Hallway & Bedroom 2019 - New Gas Water Heater (house), New Roof, Gutters, & Garage Doors 2018 - New Gas Water Heater (Garage for In-Floor Heat), New Pool Liner 2017 - All New Stainless Steel Kitchen Appliances, New Washer & Dryer

322 Lilium Circle, Watertown

Listing courtesy of Pemberton RE.

$274,900

2 Beds ⋅ 1 Baths ⋅ 7093938 MLS

Welcome home to this beautifully maintained townhome tucked into a quiet neighborhood on the edge of town. Enjoy easy access to paved trails, private fishing pier, restaurants, shopping, and everyday conveniences. The open concept main level is perfect for busy lifestyles, featuring a spacious kitchen with stainless steel appliances, a center island, quality cabinetry, and luxury vinyl plank flooring. Both bedrooms offer walk-in closets and share a full bath with dual sinks. Step outside to the maintenance-free deck with privacy fence, ideal for morning coffee, watching the sunset, or entertaining friends. The unfinished lower level provides an additional 660 square feet with plumbing already in place for a future bathroom, offering a fantastic opportunity to customize the space and build equity over time. Whether you're a first-time buyer, single parent, or young couple, this home offers affordability, flexibility, and room to grow. Ample storage space with two car garage and closets offered.

1473 Riverpointe Road, Watertown

Listing courtesy of RE/MAX Results.

$125,000

4 Beds ⋅ 2 Baths ⋅ 7091825 MLS

93 Riverside Terrace, Watertown

Listing courtesy of Real Broker, LLC.

$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..

$429,900

3 Beds ⋅ 2 Baths ⋅ 7086291 MLS

This is a beautiful small-acreage property, with potential for many uses. Possibilities abound, including agricultural uses or just "room to roam". The original 1890 farm house is still part of the current structure, which includes at least two additions in the 11990s. A large "country kitchen" and dining room are the center point of the home. A huge living room has been added, with large windows on 3 sides. The original living room on the main floor has recently been used as a bedroom, and has an oversize closet area, as well. This is a classic country home, with many modern amenities. City gas, city water, central heating and air conditioning. New carpet upstairs May of 2026. The big yards, woods and pond make for a unique combination. Over 300' of privacy fencing and easy access to the Luce Line Trail make the property special. Enjoy large mature trees around the house, and full woods around the 400 feet of pond frontage. The property is annexed into the city of Watertown. The beautiful 30x28 Morton steel building is less than 9 years old. It is fully insulated, heated, has its own separate 100 amp electrical service and a 16x14' overhead door. Bring your large toys, RVs, vehicles or shop ideas. Walking distance to the new elementary school, and an easy walk into downtown Watertown. In Watertown, find 5 eating/drinking establishments, a supermarket and a true "main street" along the waters of the Crow River. The Luce Line Trail is directly north of the property, as well. So much to enjoy on this private 2.7 acre property. Zoning is Agricultural A-1 Open Space, which allows one horse or cow, up to 5 sheep or goats, 25 poultry, 10 dogs, and 50 small animals such as rabbits.

12120 County Road 24, Watertown

Listing courtesy of Bridge Realty, LLC.

$68,000

3 Beds ⋅ 2 Baths ⋅ 7085943 MLS

Location and pride in ownership will win you over on this Home! Extremely well maintained, open bright and the end of cul-de-sac makes this an easy choice! Enjoy the patio and additional storage with the shed. Monthly Lot Rent includes Internet, Cable and Trash!

175 Highview Circle, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$485,000

4 Beds ⋅ 3 Baths ⋅ 7076721 MLS

Beautifully maintained and thoughtfully designed, this 4-bedroom, 3-bath Kings Highlands home offers spacious living, timeless finishes, and room to grow. Hardwood floors, a cozy fireplace, a sun-filled sunroom, and a spacious kitchen create an inviting atmosphere for everyday living and entertaining. With all four bedrooms on the upper level, a private primary suite, a walkout lower level ready for your vision, and a backyard made for summer evenings, this home checks all the right boxes. From morning coffee in the sunroom to sunset evenings on the deck, this Kings Highlands home was designed for the moments that matter most.

1241 Knight Lane, Watertown

Listing courtesy of Coldwell Banker Realty.

$463,610

4 Beds ⋅ 3 Baths ⋅ 7071660 MLS

View this home or explore the many opportunities to build the home of your choice on one of the many available lots! This finished 2-story home features 4 bedrooms, 3 bathrooms, and a 3-car garage. The main level offers a sun-filled and spacious living area, kitchen with center island, walk-in pantry, quartz countertops, dining area, and a convenient half bath. Upstairs, you’ll find the owner’s suite with a private bathroom and walk-in closet, along with 3 additional bedrooms, a laundry room, and a full bath. The lower level is unfinished with bathroom rough-ins already in place, allowing you to finish the space the way you want and build instant equity. Please note, the home has been built with a 3-car garage even though the rendering photo shows a 2-car garage. Actual photos will be updated as construction progresses. Landscaping has not yet been planned or included in the price, giving buyers the flexibility to customize it to their preferences.

617 Sienna Drive, Watertown

Listing courtesy of Fieldstone Real Estate Specialists.

$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.

$294,900

3 Beds ⋅ 2 Baths ⋅ 7059072 MLS

Rare opportunity to assume a 3.375% FHA mortgage (subject to lender approval) with an approximate balance of $236,000—an exceptional financing option for qualified buyers. Built just six years ago, this move-in-ready twin home features fresh paint, brand-new carpet, upgraded kitchen appliances, and a custom pantry offering exceptional storage. Relax on your private deck or finish the lower level—already plumbed for a future bathroom—to create additional living space and build equity. Complete with lawn care and snow removal, this is low-maintenance living at its best.

1411 Riverpointe Road, Watertown

Listing courtesy of RE/MAX Advantage Plus.

$287,000

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.

$448,500

4 Beds ⋅ 2 Baths ⋅ 7018711 MLS

Affordable acreage! This old-school farmhouse is just waiting for your updating ideas. 4 bedrooms up, 2 baths, tile floors & porch addition. 36x26 detached 3-car garage and a 105x38 outbuilding with a 45x38 enclosed area and 60x38 lean-to all on 2.77 acres. Mature trees, tar road & a new mound septic system to be installed prior to closing at seller's expense. Acreage is being split from a larger parcel and Purchase Agreement is subject to the split being approved by Carver County Planning & Zoning.

15550 County Road 20, Watertown

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

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