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413 Franklin Avenue NW, Watertown, MN 55388

Status: Off Market

4 beds 2 baths
2,092 sq ft 2 garage spaces

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 413 Franklin Avenue NW, Watertown, MN 55388 - MLS# 7017209
Bedrooms and Bathrooms
Total Bedrooms:
4
Main Floor Bedroom:
Yes
Total Bathrooms:
2
Full Baths:
2
3/4 Baths:
0
1/2 Baths:
0
1/4 Baths:
0
Bath Description:
Full Basement, Main Floor Full Bath
Size and Home
Year Built:
2026
Type of Property:
Single Family Home
Style:
Single Family
Stories/Levels:
1 Story
Total SqFt:
2,092
Total Fnsh'd SqFt:
1,814
Above Ground SqFt:
1,046
Finished Above Grade:
1,046
Below Ground SqFt:
1,046
Finished Below Grade:
768
Garage Stalls:
2
Garage SqFt:
484
Main Floor SqFt:
1,046
Approx Lot Dimensions:
66 x 157
Approx Number of Acres:
0.221

A closer look at the location.

Mn-25 N (Jefferson St) Right to Kieffer St SW to Franklin to home.

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 MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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