413 Franklin Avenue NW, Watertown, MN 55388

• 4 beds |
• 2 baths |
• 1,814 sqft

Property Description

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 Status:

Active

Data Last Updated:

February 15, 2026 at 12:16PM

Listing Office:

RE/MAX Advisors-West : 952-368-0345

MLS ID:

7017209

Interior

• Master Bath: 0
• Appliances: DishwasherDryerRangeRefrigeratorStainless Steel AppliancesWasher
• Dining: 0
• Laundry: Lower LevelWasher Hookup
• Basement: Drain TiledEgress Window(s)FinishedConcretePartially FinishedSump Pump
• A/C: Central Air
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• Parking: Detached GarageGravelGarage Door Opener

Construction

• Roofing: Age 8 Years or LessAsphalt
• General: One

Location

• Road/Access: City StreetCurbsPaved Streets
• HOA Amenities: 0.0
• Originating MLS: northstar
• School District: Watertown-Mayer
• County: Carver

Lot

• Zoning: 850500100

Utilities

• Utilities: Circuit Breakers100 Amp Service
• Water: City Water/Connected
• Sewer: City Sewer/Connected

Financial

• Source: northstar