4365 40th Street Sw, Waverly, MN 55390
Local realty services provided by:CENTURY 21 FM Realty
4365 40th Street Sw,Waverly, MN 55390
$675,000
- 3 Beds
- 1 Baths
- 1,980 sq. ft.
- Single family
- Pending
Listed by: gregory g graczyk
Office: whitetail properties real estate
MLS#:7056338
Source:NSMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$264.08
About this home
Located just 1.5 miles north of Waverly, this property earns its name from the unique presence of Twelve Mile Creek, which meanders entirely through the land. Originating from Waverly and Little Waverly Lakes, the creek flows through a scenic wooded corridor before ultimately connecting to the North Fork Crow River approximately half a mile to the north. These wooded creek and river corridors serve as habitat corridors for wildlife, and it shows. Deer sign, turkey tracks, actual turkeys, and ducks were seen on the property. With this kind of natural setting, you can literally hunt right out your back door. Given the connection to both lakes and a river system, it's entirely possible that fish species occasionally travel through the creek as well. On either side of the wooded creek corridor lies productive tillable ground, about 26+/- acres with a solid CPI rating of 79.6. The eastern field, just over 6 acres, is a great candidate for a larger food plot setup. The tillable land is currently rented for the 2026 crop season at $190/ac as it's been a long time friend/renter. Tenant will be allowed to harvest the crops. After that, the new owner has full flexibility—keep it in production, convert it to pasture for horses, or design and convert it into more habitat. The farm site includes an older farmhouse with just under 2,000 finished square feet, featuring three bedrooms and one bath, along with additional rooms that could easily serve as extra bedrooms or an office. If you desire a new or larger home, there is plenty of space to build your dream home off the asphalt county road. The existing septic system was updated in 2016 and is sized for a 4-bedroom home, and there’s a drilled well already in place. One of the real highlights here is the impressive 80' x 45' fully concrete shop. The front includes a covered porch; inside, half the space is heated, while the other half has in-floor PEX lines already installed for future heat if desired. The seller previously used the heated portion for machine work—it’s clean, functional, and includes in-floor heat, water, and plumbing stubbed in for a toilet. Additional outbuildings include a lean-to and a detached 2-car garage, providing even more space for gear, equipment, or toys. Welcome to the country!!...
Contact an agent
Home facts
- Year built:1910
- Listing ID #:7056338
- Added:57 day(s) ago
- Updated:June 13, 2026 at 08:04 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Living area:1,980 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1910
- Building area:1,980 sq. ft.
- Lot area:40 Acres
- Lot Features:Suitable for Horses, Tillable, Tree Coverage - Medium
- Levels:2+ Story
Utilities
- Sewer:Mound Septic
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$264.08
- Tax amount:$2,416 (2025)
Parking
- Parking description:Detached Garage, Gravel, Insulated Garage
- Garage:Yes
- Garage spaces:2
New listings near 4365 40th Street Sw
- Coming Soon
$299,900Coming Soon3 beds 2 baths808 Cologne Lane, Waverly, MN 55390
MLS# 7092291Listed by: LAKES AREA REALTY G.V. - New
$339,000Active4 beds 2 baths2,006 sq. ft.105 Dresden Lane, Waverly, MN 55390
MLS# 7090591Listed by: 10K REALTY - New
$340,000Active3 beds 3 baths2,690 sq. ft.425 66th Street Sw, Waverly, MN 55390
MLS# 7084888Listed by: MARKET FARE LLC - New
$899,900Active80 Acres4251 20th Street Sw, Waverly, MN 55390
MLS# 7090038Listed by: EDINA REALTY, INC. - New
$305,000Active2 beds 1 baths1,201 sq. ft.202 Summerfield Lane, Waverly, MN 55390
MLS# 7065701Listed by: KELLER WILLIAMS INTEGRITY NW
$399,900Active3 beds 2 baths1,604 sq. ft.6502 Dale Circle Sw, Waverly, MN 55390
MLS# 7084247Listed by: KELLER WILLIAMS REALTY INTEGRITY LAKES
$2,000,000Active4 beds 7 baths6,434 sq. ft.511 N Shore Drive, Waverly, MN 55390
MLS# 7081523Listed by: COLDWELL BANKER REALTY
$349,999Active3 beds 3 baths2,233 sq. ft.9007 Cheyanne Circle, Waverly, MN 55390
MLS# 7079485Listed by: LAKES AREA REALTY
$409,900Pending4 beds 3 baths2,133 sq. ft.906 Brandenburg Lane, Waverly, MN 55390
MLS# 7073536Listed by: JPW REALTY
$335,900Active4 beds 2 baths2,035 sq. ft.406 66th Street Sw, Waverly, MN 55390
MLS# 7068127Listed by: PARTNERS REALTY INC.