413 Franklin Avenue NW Watertown, MN 55388

$305,000
Pending
estimated monthly payment
4 Beds  |  2 Baths  |  1,814 Sq Ft  |  Single Family  |  MLS # 7017209
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About The Listing

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 courtesy of Gregory R Anderson, RE/MAX Advisors-West
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 2026
MLS #: 7017209
Bedrooms: 4
Square Feet: 1,814
Bathrooms (Full): 2
Price Per Square Foot: $168
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 0
Garage Spaces: 2
Parking Description: Detached Garage, Gravel, Garage Door Opener
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Drain Tiled, Egress Window(s), Finished, Concrete, Partially Finished, Sump Pump
Construction Description: Frame
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 19
Disability Features: None
Latest Update: 02/25/2026
List Date: 02/06/2026
Listing Agent ID: 502000273
Listing Office: RE/MAX Advisors-West
Listing Office ID: 4412
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
Laundry Features: Lower Level, Washer Hookup
Number of Fireplaces: 0
Lot Dimensions: 66x157
Lot Size: 0.221 Acres
Lot Features: Tree Coverage - Light
School District: Watertown-Mayer
Tax Year: 2026
Estimated Taxes: $1,000
Contingency Type: None
City: Watertown
Zip: 55388
County: Carver
Subdivision: City Lts Of Watertown
State: MN

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Listing last updated: 02/25/26

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