$700,000
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4365 40Th Street Sw, Waverly, MN 55390

3 Beds
1 Bath
1,980 Sq Ft

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 total 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 2025 crop season, and the tenant will be allowed to harvest the crops. After that, the new owner has full flexibilitykeep 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 theres 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 workits 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!!

  • MLS# 6733477
  • Date Listed06/04/2025
  • Days on Realty 198 Days
  • Bedrooms 3
  • Bathrooms 1 Full baths
  • Lot Size 40 acres (1,742,400 sq. ft)
  • Sewer Septic Tank, Mound Septic
  • County Wright
  • Year Built 1910
  • Square Feet 1,980 sq. ft
  • Price Per Sq. Ft $353.54

Interior Features

  • Cooling None
  • Heating Oil, Forced Air

Exterior / Lot Features

  • Exterior Workshop
  • Roof -
  • Lot Size Acres 40.00
  • Lot Size SQFT 1,742,400.00
  • Lot Features Many Trees, Waterfront

Financial Considerations

  • Tax Amount $2,416
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MN / 55390

Source: Walkscore

1/100

Car-Dependent

Walk Score ®

20/100

Bikable

Bike Score ®


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 20/100.

Property Change History

List Price decreased from $750,000 to $700,000
Price Per Square Foot decreased from $378.79 to $353.54
List Price decreased from $850,000 to $750,000
Price Per Square Foot decreased from $429.29 to $378.79

Points of Interest near 4365 40th Street SW, Waverly, MN 55390

Frequently Asked Questions for 4365 40th Street SW

Source: Realty.com

4365 40th Street SW, Waverly, MN 55390 is a Single Family 1,980 sq. ft. home listed for sale. Realty.com has 46 photos available of this 3 bed, 1 bath house, listed at $700,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 46 photos of 4365 40th Street SW.

Our records indicate that 4365 40th Street SW was built in 1910.

The full address for this home is 4365 40th Street SW, Waverly, MN 55390.

4365 40th Street SW has been listed on Realty.com since Wed June 04, 2025

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 20/100.

Listing provided courtesy of: Whitetail Properties Real Estate (tel: 217-577-3699)
Listing agent: Gregory Graczyk (tel: 320-420-5196) (#502041176)

This content last refreshed on 2025-12-19 09:17:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4365 40th Street SW, Waverly, MN 55390 : MLS# 6733477