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New Construction Homes for Sale in Watertown, MN

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  • 700 Forest Hills, Watertown, MN 55388

    Forest Hills Community

    $386,900 - $477,900

    Watertown, MN 55388

    • 2 - 4 Beds
    • 1,232+ Sq Ft

    Forest Hills is a family friendly community located just 15 miles west of Minnetonka. Choose your site across from the park or along walking trails in this beautiful neighborhood. Residents of Forest Hills are perfectly positioned for a variety of outdoor activities, including boating, fishing, hiking and biking at a number of local lakes and parks in and around Watertown. Watertown is served by

    Loomis Homes Builder
    Forest Hills
  • 605 Sienna Dr, Watertown, MN 55388
    605 Sienna Dr, Watertown, MN 55388
    605 Sienna Dr, Watertown, MN 55388
    /71

    $479,280 Custom Home

    605 Sienna Dr, Watertown, MN 55388

    • 4 Beds
    • 3 Baths
    • 2,346 Sq Ft

    This Sycamore plan is fully finished with 4 BD, 3 BA, 3 GAR. The upper level has a sun-filled & spacious great room, kitchen spacious with island, dining area, owner’s suite (with private bath & closet), additional 1 bedroom & additional 1-full bathroom. There are quartz counter tops throughout the kitchen. In the lower level, you will find a large family room, laundry, 2-bedrooms, laundry room &

    Shawn Johnson Fieldstone Real Estate Specialists

    605 Sienna Dr, Watertown, MN 55388
  • 1290 Knight Ln, Watertown, MN 55388
    1290 Knight Ln, Watertown, MN 55388
    1290 Knight Ln, Watertown, MN 55388
    /85

    $549,900 Custom Home

    1290 Knight Ln, Watertown, MN 55388

    • 3 Beds
    • 2 Baths
    • 2,318 Sq Ft

    Seller willing to finish the 4th bedroom, bathroom and hallway in the basement (an additional 382 FSF) for $20,000 (a $10,000 discount) with an acceptable offer. Offer valid through April 30th. Castle Gate Construction presents the Ranch view! This home is complete and ready for move-in. Featuring 3 main floor bedrooms, 2 main floor bathrooms, and main floor laundry, a lookout basement, quartz

    Daryl Bonderson Keller Williams Integrity NW

    1290 Knight Ln, Watertown, MN 55388
  • 569 Sienna Dr, Watertown, MN 55388
    569 Sienna Dr, Watertown, MN 55388
    569 Sienna Dr, Watertown, MN 55388
    /53

    $484,320 Custom Home

    569 Sienna Dr, Watertown, MN 55388

    • 6 Beds
    • 3 Baths
    • 2,392 Sq Ft

    Welcome home to the stunning Executive Magnolia, a beautifully designed new construction home, located in the brand-new and highly desirable Cove development. Thoughtfully crafted with modern living in mind, this impressive residence offers 6 bedrooms, 3 bathrooms, and a spacious 3-car garage, providing exceptional space, comfort, and functionality. Step inside to discover a bright, open-concept

    Shawn Johnson Fieldstone Real Estate Specialists

    569 Sienna Dr, Watertown, MN 55388
  • 575 Industrial Blvd, Watertown, MN 55388
    575 Industrial Blvd, Watertown, MN 55388
    575 Industrial Blvd, Watertown, MN 55388
    /6

    $101,250 Lot/Land

    575 Industrial Blvd, Watertown, MN 55388

    • 0.81 Acre
    • $125,000 per Acre

    Lot 4-0.81 acres, zoned Commercial-Retail. Great location off Hwy 25 just south of Watertown. Convenient access to Hwy 7 and Hwy 12. Paved roads, city sewer/water, electric, gas, phone, and storm sewer are all available. Bring your own builder or we can build for you.

    Kevin Butcher Edina Realty, Inc.

    575 Industrial Blvd, Watertown, MN 55388
  • XXX Newton Ave SE, Watertown, MN 55388
    XXX Newton Ave SE, Watertown, MN 55388
    XXX Newton Ave SE, Watertown, MN 55388
    /15

    $299,900 Lot/Land

    XXX Newton Ave SE, Watertown, MN 55388

    • 7 Acres
    • $42,843 per Acre

    City owned preservation area adjacent to property. Seller could be hired to developed land if needed. Beautiful Crow River views! Awesome piece of property ready to be built on with small amounts of work many of the preliminary activities have been completed and waiting for a buyer/developer. Inquire within for more information 7.0+ acres ready to be developed. Two PID #'s: 880090100 and

    Scott Housman RE/MAX Results

    XXX Newton Ave SE, Watertown, MN 55388
  • 555 Industrial Blvd, Watertown, MN 55388
    555 Industrial Blvd, Watertown, MN 55388
    555 Industrial Blvd, Watertown, MN 55388
    /5

    $128,750 Lot/Land

    555 Industrial Blvd, Watertown, MN 55388

    • 1.03 Acres
    • $125,000 per Acre

    Lot 5-1.03 acres, zoned Commercial-Retail. Great location off Hwy 25 just south of Watertown. Convenient access to Hwy 7 and Hwy 12. Paved roads, city sewer/water, electric, gas, phone, and storm sewer are all available. Bring your own builder or we can build for you.

    Kevin Butcher Edina Realty, Inc.

    555 Industrial Blvd, Watertown, MN 55388
  • xxx Stevens St SW, Watertown, MN 55388
    xxx Stevens St SW, Watertown, MN 55388
    xxx Stevens St SW, Watertown, MN 55388
    /8

    $240,000 Lot/Land

    xxx Stevens St SW, Watertown, MN 55388

    • 14.35 Acres
    • $16,725 per Acre

    Prime opportunity. This land is located in an orderly annextion area. Check with city for zoning options. Mix of level, rolling, woods and a lot of wetland views.

    Kevin Butcher Edina Realty, Inc.

    xxx Stevens St SW, Watertown, MN 55388
  • 536 Industrial Blvd, Watertown, MN 55388
    536 Industrial Blvd, Watertown, MN 55388
    536 Industrial Blvd, Watertown, MN 55388
    /5

    $80,000 Lot/Land

    536 Industrial Blvd, Watertown, MN 55388

    • 0.64 Acre
    • $125,000 per Acre

    Lot 6-0.64 acres, zoned Commercial-Retail. Great location off Hwy 25 just south of Watertown. Convenient access to Hwy 7 and Hwy 12. Paved roads, city sewer/water, electric, gas, phone and storm sewer are all available. Bring your own builder or we can build for you.

    Kevin Butcher Edina Realty, Inc.

    536 Industrial Blvd, Watertown, MN 55388
  • 990 Bur Oak Ln, Watertown, MN 55388
    990 Bur Oak Ln, Watertown, MN 55388
    990 Bur Oak Ln, Watertown, MN 55388
    /10

    $529,900 Lot/Land

    990 Bur Oak Ln, Watertown, MN 55388

    • 5.62 Acres
    • $94,288 per Acre

    Be part of growing Watertown! 5.6 acres of "sub zone B" medium density residential zoned land. Very close to the Watertown Mayer elementary school and connected to a single family neighborhood. Street frontage on Bur Oak, Paul and County Road 20. Bring your ideas!

    Carolyn Newhouse Oak Realty LLP

    990 Bur Oak Ln, Watertown, MN 55388
  • 600 Paul Ave, Minnetrista, MN 55388
    600 Paul Ave, Minnetrista, MN 55388
    600 Paul Ave, Minnetrista, MN 55388
    /6

    $229,900 Lot/Land

    600 Paul Ave, Minnetrista, MN 55388

    • 1.62 Acres
    • $141,914 per Acre

    Be part of growing Watertown! Build your business on a busy corner. Frontages on Paul and County Road 20. Zoned subzone H: Neighborhood commercial. Details on the zoning from the city are included in the supplements. 1.6 acres near residential developments and across the street from Watertown-Mayer Elementary School.

    Carolyn Newhouse Oak Realty LLP

    600 Paul Ave, Minnetrista, MN 55388
  • 2325 Kristi Ln, Watertown, MN 55388
    2325 Kristi Ln, Watertown, MN 55388
    /2

    $1,500,000 Lot/Land

    2325 Kristi Ln, Watertown, MN 55388

    • 30 Acres
    • $50,000 per Acre

    Great residential development property consisting of approximately 30 acres (includes portions of two parcels) The property is adjacent to the Luce Line Trail as well as Oak Grove Community Park. Engineering has been completed and the seller has preliminary city approval for 36 single family homes. City fees for park dedication and sewer/water access has been waived for 36 lots. Street access is

    Timothy Nesvold Real Estate Advisors, Inc

    2325 Kristi Ln, Watertown, MN 55388
New Homes Minnesota Watertown

New Homes & Communities in Watertown

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Watertown, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Watertown, MN hold their value?
Yes, especially in fast-growing areas of Watertown, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Watertown, MN

On average, homes in Watertown, MN sell after 38 days on the market compared to the national average of 55 days. The median sale price for homes in Watertown, MN over the last 12 months is $365,000, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$365,000
Median Single Family Sale Price
$386,900
Median Townhouse Sale Price
$254,950
Average Price Per Sq Ft
$205
Number of Homes for Sale
46
Last 12 months Home Sales
67
Months of Supply
8.20
Median List Price
$386,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%

Popular Homebuilders in Watertown, MN

There are 2 homebuilders developing in new home communities in Watertown, MN.

Builder Communities Average List Price
Loomis Homes 1 $432,400
Fieldstone Family Homes, Inc 1 TBD
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