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509 Waterford Place
509 Waterford Place
509 Waterford Place
509 Waterford Place
509 Waterford Place

509 Waterford Place, Waconia, MN 55387 - MLS# 7136228

MLS® #: 7136228|Days on Market: 49|Listed: Sep 9, 2026

$499,990

$525,000↓ 4.8%
Bedrooms
4
Bathrooms
3
Square Feet
2,271
Acres
0.19
Year Built
2023
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
3
Days on Market
49
School District
110 - Waconia

**FINANCING INCENTIVE: A 1-0 interest rate buydown may be available through our preferred lender, offering qualified buyers a reduced interest rate for the first year! Buyer eligibility and lender approval required.** The best part of buying a newer home? Finding one where the finishing touches are already done. At 509 Waterford Place, the sellers have added the features that make a house feel more complete, from custom cabinetry surrounding the fireplace and a finished mudroom to the expansive patio, landscaping, gutters, and extra garage storage. These improvements are already included in the price, so you can enjoy them from day one without the added expense or time of completing them yourself. The home offers four bedrooms on the upper level, including a primary suite with a private bathroom and walk-in closet. Custom room-darkening blinds are already installed in every bedroom. On the main level, a separate flex room with French doors provides a place to work or unwind, while the open living and dining areas connect to the patio and level backyard. The unfinished basement leaves room for future plans, with an egress window and bathroom rough-in already in place. Outside, the three-stall garage and added storage make room for vehicles, tools, and everything that comes with everyday life. Located in Waconia’s Waterford community, the home is close to the park and trail system at the end of the street, with shopping, dining, and Highway 5 and 212 connections nearby. A newer home, valuable extras already completed, room to make it your own, and all of this without an HOA. Schedule your private showing today!

509 Waterford Place, Waconia, MN 55387

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Interior Information

BasementDrain Tiled, Egress Window(s), Full, Storage Space, Sump Basket, Sump Pump, Unfinished
AppliancesAir-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces1
Fireplace FeaturesGas, Living Room
LaundryLaundry Room, Upper Level
Dining RoomInformal Dining Room
ElectricCircuit Breakers, 200+ Amp Service

Size & Levels

LevelsTwo
Total Finished Sq Ft3,379 sq ft
Above Grade Finished2,271 sq ft
Main Level Finished1,115 sq ft

Bathrooms

Full Baths1
3/4 Baths1
1/2 Baths1
Bathroom Details3/4 Primary, Basement, Bathroom Ensuite, Private Primary, Main Floor 1/2 Bath, Rough In, Upper Level Full Bath

Rooms

Main Level Rooms

Living Room17' x 14'5"
Dining Room13' x 12'
Kitchen13' x 11'
Flex Room14' x 11'
Pantry (Walk-In)4' x 4'
Patio25' x 12'
Foyer13' x 6'
Mud Room8' x 4'5"

Upper Level Rooms

Bedroom14' x 14'
Bedroom 211' x 10'5"
Bedroom 311' x 11'
Bedroom 411' x 11'
Laundry6' x 4'

Exterior & Parking

ExteriorStone, Vinyl
RoofAge 8 Years or Less, Architectural Shingle
FoundationPoured Concrete
Patio / PorchFront Porch, Patio
Garage Stalls3
Garage Size22x32 (704 sq ft)
ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage, Storage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.19 acres
Lot Dimensions65x130
ZoningResidential-Single Family
SubdivisionWaterford 6th Add
TownshipWaconia
CountyCarver
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street, Paved Streets, Sidewalks, Street Lights, Storm Sewer
FencingPartial
Power CompanyXcel Energy

Financial & Tax Information

Annual Taxes$6,036
Tax Year2026
Tax w/ Assessments$6,036
Assessment PendingNo
Parcel Number755340710
Financing OptionsConventional, VA, FHA, Cash, Other
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 2000-2009, about 91% of occupied homes are owner-occupied, and the average commute is 25 minutes.

Cost of Ownership

Median home value

$420,400

Higher than the Twin Cities metro

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$4,053/yr

Similar to the Twin Cities metro

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,407/mo

Higher than the Twin Cities metro

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$779/mo

Similar to the Twin Cities metro

Median monthly housing costs for owners without a mortgage.

Median rent

$1,756/mo

Higher than the Twin Cities metro

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

91%

Higher than Twin Cities metro overall

The share of occupied homes lived in by their owners.

Median year built

2003

Similar to the Twin Cities metro

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-201920%
  • 2000-200938%
  • 1990-199920%
  • 1980-19897%
  • 1970-19797%
  • 1939 or earlier2%

Types of homes

The share of housing units in each building type.

  • Single-family detached81%
  • Townhome / attached15%

Getting Around

Average commute

25 min

Higher than the Twin Cities metro

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone80%
  • Work from home18%

Homes with broadband

96%

Similar than Twin Cities metro overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Broker Reciprocity logo
Listed by: Keller Williams Premier Realty Lake Minnetonka
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. 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, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.