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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

$299,500

3 Beds ⋅ 2 Baths ⋅ 7134477 MLS

Great opportunity on a spacious Corner Lot! Bring your vision and make this charming 3-bedroom, 2-bath home your own! Situated on a large, fenced corner lot with mature trees, this property offers a wonderful setting and plenty of outdoor space. Enjoy the natural flagstone patio, perfect for relaxing or entertaining, along with a convenient storage shed. The updated kitchen features maple cabinets, granite countertops, stainless steel appliances, and French doors that add character and charm to the home. Several important updates have been completed, including a renovated main-floor bathroom in 2025, new furnace and central air in 2025, updated electrical and plumbing in 2025, and the new sewer liner to t he city connection in 2025. The home is ready for just a little TLC and offers an excellent opportunity for someone looking to add their own style and finishing touches while building on the improvements already made. With it's generous corner lot, mature trees, fenced yard, patio, and valuable recent updates, there is so much potential here. Property is being sold AS IS.

317 Franklin Avenue SW, Watertown

Listing courtesy of Edina Realty, Inc..

$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.

$350,000

3 Beds ⋅ 3 Baths ⋅ 7126745 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..

$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.

$320,000

3 Beds ⋅ 2 Baths ⋅ 7138580 MLS

**Professional Photos Coming Soon** Welcome to this charming and beautifully updated 3-bedroom, 2-bathroom home in a quiet Watertown neighborhood, conveniently located within walking distance of downtown and nearby parks, including Highland Park! The spacious front living room features abundant natural light, carpeting, a shiplap accent wall, and wall-mounted organization. The updated eat-in kitchen offers stylish custom cabinetry with soft-close doors and drawers, luxury plank flooring, and an inviting open layout. Two bedrooms and an updated full bathroom complete the main level, including a versatile second bedroom with a built-in Murphy bed and surrounding shelving. Walkout access leads to the fully fenced backyard with two concrete patios, one with a covered overhang and another with a privacy wall, plus a 12x10 storage shed and a sandbox that could easily be converted into a garden bed. The oversized heated 1-stall garage includes a workbench and additional storage space. The lower level offers a spacious family room/recreation area, third bedroom with egress window, beautifully remodeled ¾ bathroom, and a 10x6 unfinished storage room with shelving. Numerous updates include windows and doors (2016–2020), concrete driveway (2016), concrete patio (2019), roof (2019), siding, kitchen and flooring (2020), updated bedrooms (2016–2023), bathrooms (2026), and furnace (2026). Move-in ready and close to downtown, parks, and everyday amenities!

409 Westminster Avenue SW, Watertown

Listing courtesy of eXp Realty.

$475,000

5 Beds ⋅ 4 Baths ⋅ 7127424 MLS

Spacious, light-filled home with room to gather, relax, and grow. The main level welcomes you with warm natural woodwork, hardwood floors, and an inviting great room anchored by a striking stone fireplace. The kitchen offers abundant cabinetry, stainless steel appliances, a large center island and easy flow to the dining area and expansive deck—perfect for everyday living and entertaining. A main-floor bedroom/office/flex space, half bath, and convenient main-level laundry add versatility. Upstairs, the private primary suite features a walk-in closet and full bath with dual sinks, a jetted tub, and a separate shower, with 2 additional bedrooms 3 on one level. The finished walkout lower level provides even more living space with a generous family/rec room, a new, updated 3/4 bath with a walk-in shower, and plenty of storage. Outside, enjoy a covered front porch, large backyard, elevated deck, a sidewalk-lined neighborhood, and a view of the playground. An attached 3-car garage completes this well-designed home.

930 Aspen Circle, Watertown

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$360,000

3 Beds ⋅ 2 Baths ⋅ 7137046 MLS

Set on nearly half an acre, this rambler combines generous outdoor space with a bright, open main level and plenty of character inside. The inviting living room is anchored by a floor-to-ceiling brick fireplace that extends into a distinctive brick archway, while large windows bring in abundant natural light. The kitchen features stainless steel appliances, a center island with breakfast bar seating, and an easy connection to the main living spaces. A sunroom on the main level offers another comfortable place to relax, with stairs leading to the deck and backyard. Two bedrooms and an updated full bathroom are conveniently located on the main floor. The finished lower level adds even more versatility with a spacious family room, a second full bathroom, and an oversized third bedroom. Fresh paint throughout, all-new carpet, and an outdoor storage shed complete this move-in-ready home.

405 Green Avenue SE, Watertown

Listing courtesy of Kris Lindahl Real Estate.

$459,999

5 Beds ⋅ 3 Baths ⋅ 7135388 MLS

Welcome to 1052 Butternut Lane, a beautifully updated walkout rambler in Watertown’s desirable Forest Hills neighborhood. Offering 5 bedrooms, 3 bathrooms, and a spacious open concept design, this home is truly move in ready. The main level features vaulted ceilings, brand new LVP flooring, three bedrooms, and a welcoming primary suite. The updated kitchen combines style and function with quartz countertops, newer appliances, a farmhouse-style sink and faucet, pull out pantry storage, garbage disposal, and reverse osmosis.The finished walkout lower level provides two additional bedrooms and a generous family room perfect for entertaining, movie nights, guests, or relaxing. Step outside to enjoy the new deck, paver patio, and fenced yard, creating a private and inviting outdoor retreat. Additional recent improvements include a new furnace, front door, and custom closet organization throughout. With thoughtful updates inside and out, an attached 3 car garage, and the convenience of being just a half block from the park, this home offers the perfect combination of comfort, style, and location. Come see all that 1052 Butternut Lane has to offer!

1052 Butternut Lane, Watertown

Listing courtesy of RE/MAX Results.

$408,000

4 Beds ⋅ 2 Baths ⋅ 7127970 MLS

Tucked in a quiet cul-de-sac with a private backyard! Overlooking natural green space, this well-maintained 4-bedroom, 2-bath home sits on one of the largest lots in the neighborhood. The .29-acre setting gives you real privacy inside and out. Enjoy hardwood floors, stainless steel appliances, and a bright kitchen with bay window. The desirable floor plan features three bedrooms on one level, and owner's suite with a walk-in closet and walk-through bath with double sinks. The finished walkout lower level, completed in 2013, provides outstanding additional living space with a large family room, cozy gas fireplace, fourth bedroom, and ¾ bath. Outdoor amenities include a large 11x22 deck, patio, fire pit, irrigation system, and 10x14 storage shed, creating the perfect setting for entertaining and relaxing. The insulated and heated garage boasts impressive 11+ foot ceilings, offering excellent storage and workspace flexibility. Recent updates include a (new roof 2019, dishwasher, washer and dryer 2021, and water heater 2024) means you can move in and start living rather than start fixing. Conveniently located near trails, with the Luce Line trails just .4 miles away and close to downtown amenities, this move-in ready home combines privacy, functionality, and comfort in an exceptional setting.

1374 Waters Way, Watertown

Listing courtesy of Coldwell Banker Realty.

$275,000

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.

717 Green Avenue SE, Watertown

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

$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..

$234,500

2 Beds ⋅ 2 Baths ⋅ 7124499 MLS

Well-maintained 2+ bedroom, 2-bath townhome in a desirable location. Enjoy an open-concept kitchen, living, and dining area, with a spacious kitchen featuring abundant cabinetry and counter space. Upstairs, a versatile family room offers additional living space and flexibility. Welcome home!

1495 Riverpointe Road Unit F, Watertown

Listing courtesy of Keller Williams Realty Integrity Lakes.

$39,900

7117983 MLS

Seasonal recreational parcel with hunting potential and natural lowland habitat. Great for outdoor enthusiast. No building entitlement.

XXX Ahern Avenue SE, Watertown

Listing courtesy of Edina Realty, Inc..

$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.

$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.

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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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