Lori Gustafson

527 Marian Street

Waterville, MN
$ 349,000 Beds 1 Baths 1 Sq 1,163
Monthly Estimate* How much can I afford?

Perched above the shimmering waters of Tetonka Lake, this exceptional Waterville retreat offers a rare blend of refined comfort and timeless lakeside charm. With impeccable elevation and sweeping views, this property delivers a premier lakefront experience from the moment you arrive. The main residence features a generously sized primary bedroom and beautiful bathroom, complemented by an expansive living room anchored by a stone fireplace that invites relaxation. The beautifully updated kitchen blends modern finishes with classic cabin warmth, creating an elegant space for entertaining or unwinding. An additional lot hosts a private guest cabin, complete with its own bedroom and bathroom — an ideal sanctuary for visitors seeking comfort and privacy. Your lakeside lifestyle begins immediately, as the dock and lift are included with the sale. Step outside to a spacious lakeside deck perfectly positioned for sunrise coffees, sunset cocktails, and everything in between. Two well-appointed storage sheds provide ample room for lake gear, tools, and seasonal essentials.

Single Family

  • Price
  • $ 349,000
  • City
  • Waterville
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • LE SUEUR
  • Half Bathrooms
  • 0
  • Area
  • Everetts Tet Lake Tetonka
  • Lot Size
  • 0.159 Acres
  • Zip
  • 56096
  • Sqr Footage
  • 1,163
  • Year Built
  • 1932
  • Taxes
  • $ 3750
  • Style
  • Single Family
  • MLS#
  • 7073148
Listed By: LPT Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1163
Sewer City Sewer/Connected
Heating Forced Air
Cooling Window Unit(s)
Roof Age Over 8 Years
Appliances Microwave,Range,Refrigerator,Water Softener Owned
Construction Materials Block
Year Built 1932
Electric Circuit Breakers
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2025
Waterfront Features Lake Front
Accessibility None
County Le Sueur
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Everetts Tet Lake Tetonka
Other Structures Storage Shed
Full Baths 1
Directions 35 South to Mn 60 go Left. Go right on Highway 13. Go left on Sakatah BLVD N. Go Right on 1st Street. Go Left on Lind Street. G0 Left on Marian Street
City Waterville
High School District Waterville-Elysian-Morristown
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3750
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Natural Woodwork,Paneled Doors,Washer/Dryer Hookup
PostalCity Waterville

Interior Features

Basement Block,Full,Unfinished
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1163
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Fuel Natural Gas
Waterfront Feet 58

Exterior Features

Parking Features Gravel
Water Source City Water/Connected
Lot Size Area 0.159
Building Area Total 1763
Lot Dimensions 58x120x55x121
Waterfront Y/N Yes
Foundation Area 1163
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/18/2026 Listed $415,000
6/8/2026 7% - $389,000
7/7/2026 11% - $349,000

Property vs Zip Code Average in 56096

Price
AVG $340K
$350K
Taxes
AVG $2,961
$3,750
Year Built
AVG 1946
1932
Visits
AVG 59
102
Data Provided by Inside Real Estate®

Areas That We Cover

527 Marian Street Waterville, MN is a Single Family Home for sale at $349000 with 1163 sqft and a lot size of 0.159 Acres Acre(s). 527 Marian Street Waterville has 1 bedrooms, 1 baths and was built in 1932. The property's zip code is 56096 which is in Waterville, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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