417 Hunter Drive,Watertown, MN 55388
Watertown, MN 55388
Description
HUGE PRICE REDUCTION - MOTIVATED SELLER. PRICE IS FIRM. 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.
Details
| MLS # | 7113000 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 35 |
| Listing Provided By | Dane Arthur Real Estate Agency | David Gooden |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 7,040 |
| Garage | 10 |
| Basement | Y |
| Units | 5 |
| Zoning | Residential-Multi-Family |
| Acreage | 2.50 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Dishwasher, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned |
Exterior
| Roof | Age Over 8 Years |
|---|---|
| Construction Materials | Block, Frame |
| Lot Features | Cleared, Corner Lot, Tree Coverage - Medium, Zero Lot Line |
Parking
| Parking Features | Parking Lot, Tuckunder Garage |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate |
|---|
Taxes
| Property | 12641 |
|---|
Area Information
| State | MN |
|---|---|
| County | Carver |
| City | Watertown |
| Zip Code | 55388 |
| Community Name | Sugarbush 2nd Add |
| School District | 111 |
| High School | Watertown-Mayer |
| Listing VS Median (in Sugarbush 2nd Add) | |
Price: $1,595,000 low | high Med: $1,595,000 sqft: 7,040 low | high Med: 7,040 $ / sqft: $227 low | high Med: $227 On site: 35 low | high Med: 35 | |
Market Activity 55388
Request a showing
Request a showing
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 25, 2026 at 12:15:14 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Carver |
| City | Watertown |
| Zip Code | 55388 |
| Community Name | Sugarbush 2nd Add |
| School District | 111 |
| High School | Watertown-Mayer |
| Listing VS Median (in Sugarbush 2nd Add) | |
Price: $1,595,000 low | high Med: $1,595,000 sqft: 7,040 low | high Med: 7,040 $ / sqft: $227 low | high Med: $227 On site: 35 low | high Med: 35 | |