Pending

MLS: #7056338, Listed By: Gregory Graczyk, Whitetail Properties Real Estate, Source:FargoMoorhead Area Association of REALTORS

4365 40th Street

Waverly, MN 55390
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Bed 3

Bed

Bath 1

Bath

SqFt1,980

Sqft

Acres40

Acres(Lot)

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!!

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Detail Ic Property Details

Property Type : Residential

Price : $675,000

AD Id : 77548476

MLS Id : 7056338

Beds : 3

Lot Size : 40 Acres

Living Area Size : 1,980

Year Built : 1910

Garage : 2

County : Wright

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1910 Building Area Total: 2556 Private Pool: No

  • Lot Information

    Lot Dimensions: 1320 x 1320 x 1320 x 1320 Main Square Feet: 40 Acres Lot Size Acres: 40 Lot Size Square Feet: 1742400

  • Listing Price Information

    Listing Price: $675000

  • Tax Information

    Parcel Number: 211000291200 Annual Tax: $2416

  • Parking Information

    Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: In Waverly from the int. of Hwy. 12 and Co Rd 8, N on 8 approx. 2.5 miles to 40th St SW. East of 40th approx. 1 mile to driveway/address on south side of 40th St. SW
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Nearby Home Value

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9007 Cheyanne Circle, Waverly, MN, 55390 $349,999 3 3 2,233 2,233 SqFt
524 Frankfort Way, Waverly, MN, 55390 $324,700 5 2 2,125 2,125 SqFt
511 N Shore Drive, Waverly, MN, 55390 $2,000,000 4 7 6,434 6,434 SqFt
1003 Brandenburg Circle, Waverly, MN, 55390 $374,900 4 3 1,994 1,994 SqFt
1006 Brandenburg Circle, Waverly, MN, 55390 $369,900 3 2 1,305 1,305 SqFt
906 Brandenburg Lane, Waverly, MN, 55390 $409,900 4 3 2,133 2,133 SqFt
4250 35th Street, Waverly, MN, 55390 $775,000 4 1 1,271 1,271 SqFt
501 Tanner Drive, Waverly, MN, 55390 $399,499 3 2 1,604 1,604 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/08/2026 @ 11:04

MLS: 7056338 LISTED BY: Gregory Graczyk, Whitetail Properties Real Estate 217-285-9000 SOURCE: FargoMoorhead Area Association of REALTORS

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