4365 40th ST SW, Waverly, MN 55390
4365 40th ST SW, Waverly, MN 55390
4365 40th ST SW, Waverly, MN 55390
4365 40th ST SW, Waverly, MN 55390
4365 40th ST SW, Waverly, MN 55390
4365 40th ST SW, Waverly, MN 55390
Matt Wright
Matt Wright

+1(612) 834-9730

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$ 675,000

$ 675,000

Est. payment | /mo

3 Beds

1 Bath

1,980 SqFt

$ 675,000

$ 675,000

Est. payment | /mo

3 Beds

1 Bath

1,980 SqFt

Key Details

Sold Price $675,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $340

MLS Listing ID 7056338

Sold Date 06/15/26

Bedrooms 3

Full Baths 1

Year Built 1910

Annual Tax Amount $2,416

Tax Year 2025

Contingent None

Lot Size 40.000 Acres

Lot Dimensions 1320 x 1320 x 1320 x 1320

Property Sub-Type Single Family

Property Description

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!!

Location

State MN

County Wright

Zoning Agriculture

Body of Water [{\"LakeAcres\":0, \"LakeDepth\":0, \"NST_LakeClass\":\"Not Applicable\", \"NST_LakeChain\":\"N\", \"WaterBodyName\":\"Twelvemile Creek\", \"WaterBodyKey\":\"126267\", \"BodyOfWaterNumber\":\"S9991017\"}]

Rooms

Basement Other

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached Garage, Gravel, Insulated Garage

Garage Spaces 2.0

Waterfront Description Creek/Stream

Building

Lot Description Suitable for Horses, Tillable, Tree Coverage - Medium

Story More Than 2 Stories

Foundation 1116

Sewer Mound Septic

Water Drilled

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Howard Lake-Waverly-Winsted

Listed by Gregory Graczyk • Whitetail Properties Real Estate
Nearby Locations

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Matt Wright
Matt Wright

+1(612) 834-9730

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4365 40th ST SW