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Active NEW!
$305,000
/mo Edit
Single Family:  1 Story
4 br • 2 ba • Built 2026
1,814 sqft • 0.221 acres
MLS# 7017209
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    Property Description

    This is a Carver County Community Land Trust property - Please look at the link below for guidelines and application. An application must be filled out prior to making an offer. This home has income limits in order to qualify. NO CASH buyers allowed. Must be a 1st time buyer (meaning cannot have owned a home within the last 3 years) Must be an owner occupied home. Welcome to 413 Franklin Ave NW — a thoughtfully designed 4-bedroom, 2-bath home built by the Carver County Community Development Agency as part of the Community Land Trust program. Offering 1, 046 finished square feet on the main level and 768 finished square feet in the walkout lower level, this home delivers modern style, smart layout, and exceptional value. This is an infill build nestled within an established neighborhood featuring mature trees and a welcoming community feel — a rare opportunity to enjoy new construction in a setting that already feels like home. The location offers walkability to Watertown-Mayer High School and convenient access to local parks, shops, and everyday amenities. Inside, the bright, open main level features warm wood-tone flooring, large windows that flood the space with natural light, and a clean, inviting kitchen complete with quartz countertops and a center island — perfect for everyday living and entertaining. The finished walkout lower level includes two additional bedrooms and a full bath, with an unfinished family room area ready for future equity and personalization. Outside, you’ll appreciate the detached 22x22 garage and manageable yard in a quiet residential setting. This home is available to qualifying first-time homebuyers through the Carver County Community Land Trust program. Buyers must meet income guidelines (at or below 80% AMI) and complete the required pre-screening and approval process.

    Listing

    Contingency: None
    Price per sq ft: $168
    City: Watertown
    County: Carver
    State: MN
    Property Style: 1 Story
    Zip Code: 55388
    Subdivision Name: City Lts Of Watertown

    Interior

    Living Area: 1,814 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    Basement Details:
    • Concrete
    • Drain Tiled
    • Egress Window(s)
    • Finished
    • Partially Finished
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 22x22
    Garage Size: 484 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: Central Air
    Foundation Size: 1,046 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Garage Door Opener
    • Gravel
    Unit Amenities:
    • Kitchen Center Island
    • Kitchen Window
    • Paneled Doors
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Main Floor Full Bath
    Dining/Kitchen:
    • Breakfast Area
    • Eat In Kitchen
    • Informal Dining Room
    • Living/Dining Room
    Laundry:
    • Lower Level
    • Washer Hookup
    Main Level Size Sq Ft
    Dining Room  10 x 13  130 
    Bedroom  13 x 11  143 
    Kitchen  13 x 16  208 
    Living Room  13 x 11  143 
    Bedroom 2  13 x 9  117 
    Lower Level Size Sq Ft
    Bedroom 4  13 x 9  117 
    Bedroom 3  13 x 16  208 

    Lot & Land

    Acres: 0.221
    Geolocation: 44.968877, -93.848407
    Lot Dimensions: 66 x 157
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 681
    District Phone: 9529550480

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,000
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,000
    Association Fee Required: No
    Association Fee: None
    Land Lease Amount: 25

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of RE/MAX Advisors-West.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.