Welcome to 724 1st St N, Waterville, MN! Nestled on a peaceful, beautifully maintained full-acre lot with convenient access to Highways 13 and 60, this charming property is just a short walk from downtown shops, nearby lakes, and local campgrounds for year-round recreation and fun. Ideally situated between Faribault, Waseca, and Mankato, this home is well-positioned for easy commuting. You will enjoy affordable living without sacrificing access to the amenities of larger towns! As you enter the home through the back door, you will find the kitchen, which features a half bathroom/laundry room. Moving through the kitchen, the home flows into the living room and dining room, both featuring hardwood floors that highlight the home's classic character and charm. Just off the living room, a welcoming front porch offers the perfect place to enjoy your morning coffee, unwind after a long day, or take in the peaceful surroundings. Heading up the staircase, you’ll find 3 bedrooms plus a bonus room located on the upper level for added convenience. The upstairs bathroom features a walk-in shower. The basement offers tons of storage space with the potential to be finished and customized by its next owner! The driveway leads up to a well-maintained 2-car garage, providing privacy and enhancing a sense of privacy while remaining close to conveniences. Whether you’re ready to move right in and enjoy it as-is or bring your own vision and make a few updates over time, this home offers comfort, character, and flexibility in a location that is sure to capture the heart of its new owner!