This home's estimate is 44.9% higher than the average sale price ($470K) of 6 comparable homes.
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501 Raleigh Cir, Watertown, MN 55388
About this home
Welcome to your dream home located on the largest lot in coveted Kings Highlands! This home is beautifully designed with 3 bedrooms, 2 ½ baths with main floor office, custom blinds, and water filtration system throughout. As you enter, you are greeted by a bright and spacious entryway wrapped in board and batten into an inviting living room with a cozy stone gas fireplace, open-concept kitchen, and huge dining room. Filling the space with natural light, the living and dining room boast large windows overlooking a serene meadow with the Crow River behind it. The custom designed kitchen features quartz countertops, stainless steel appliances, large pantry, open shelving, full-wall tiled backsplash, oversized center island, ideal for both everyday cooking and entertaining. The mud room features a knotty alder barn door with two separate benches and cubbies. Adjacent to the mud room is a conveniently located half bath and storage room with numerous cabinets. Retreat to the spacious loft on the second level and settle in for a movie with built-in surround sound along with a huge, tiled laundry room with a barn door. The vaulted master bedroom is complete with a private ensuite and a gorgeous tiled floor and shower along with a free-standing tub and a walk-in closet. Step outside to enjoy a quiet cul-de-sac and beautifully landscaped backyard with in-ground dog fencing spanning entire lot, firepit, expansive garden, perfect for summer barbecues or quiet evenings under the stars.
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Market trends in 55388, MN
Last updated September 2026
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Sale history for 501 Raleigh Cir
Tax history for 501 Raleigh Cir
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Attached Garage, Asphalt, Floor Drain, Garage Door Opener, Insulated Garage
- Garage Spaces: 3
- Garage Sq. Ft.: 731
Interior
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 2
- # of Half Baths (Total): 1
- Description: Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Rough In,Separate Tub & Shower,Upper Level Full Bath,Walk-In Shower Stall
- Room 1 Information
- Room Type: Office
- Room Dimensions: 10x10
- Room Level: Main
- Room 2 Information
- Room Type: Living Room
- Room Dimensions: 20x15
- Room Level: Main
- Room 3 Information
- Room Type: Loft
- Room Dimensions: 16x17
- Room Level: Upper
- Room 4 Information
- Room Type: Kitchen
- Room Dimensions: 17x11
- Room Level: Main
- Room 5 Information
- Room Type: Dining Room
- Room Dimensions: 13x13
- Room Level: Main
- Room 6 Information
- Room Type: Bedroom 1
- Room Dimensions: 14x15
- Room Level: Upper
- Room 7 Information
- Room Type: Bedroom 2
- Room Dimensions: 13x10
- Room Level: Upper
- Room 8 Information
- Room Type: Bedroom 3
- Room Dimensions: 11x11
- Room Level: Upper
- Room 9 Information
- Room Type: Walk In Closet
- Room Dimensions: 8x5
- Room Level: Upper
- Room 10 Information
- Room Type: Foyer
- Room Dimensions: 6x10
- Room Level: Main
- Room 11 Information
- Room Type: Mud Room
- Room Dimensions: 9x8
- Room Level: Main
- Room 12 Information
- Room Type: Laundry
- Room Dimensions: 10x11
- Room Level: Upper
- Room 13 Information
- Room Type: Walk In Closet
- Room Dimensions: 5x6
- Room Level: Main
- Basement Information
- Has Basement
- Basement Features: Drain Tiled, Full, Concrete, Sump Pump, Unfinished, Walkout
- Dining Room Information
- Dining Room Features: Informal Dining Room
- Other Rooms Information
- 2nd Floor Laundry,3 BR on One Level,Primary Bdr Suite
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace Features: Circulating, Gas, Living Room, Stone
- Heating & Cooling
- Heating Information: Forced Air
- Cooling Information: Central Air
- Interior Features
- Room Type: Office, Living Room, Loft, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Foyer, Mud Room, Laundry
- Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Exterior
- Building Information
- Construction Materials: Brick/Stone, Vinyl Siding
- Foundation Area: 1,233
- Roof: Age 8 Years or Less
- Exterior Features
- Patio Porch Type: Covered,Front Porch
- Property Information
- Above Ground Total Sq. Ft.: 2,627
- Below Ground Total Sq. Ft.: 1,233
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Above Grade Finished Area: 2,627
- Amenities: Ceiling Fan(s),French Doors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,Porch,Panoramic View,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
- Lot Information
- Lot Size Area: 0.64
- Lot Size Units: Acres
- Lot Size Dimensions: 51x220x231x221
- Road Frontage Type: City Street, Cul De Sac, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $7,568
- Tax Year: 2024
- Tax With Assessments: $7,568
- Lease / Rent Details
- RentalLicense Y/N: No
- Financial Information
- Conventional
Utilities
- Utility Information
- Water Source: City Water/Connected
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- School Information
- High School District: Watertown-Mayer
- School District Number: 111
- School District Phone: 952-955-0480
- Location Information
- Directions: From Hwy 10, go south on Newton Ave SE, turn right on Castle Ridge Rd, left on Knight Ln, right on Raleigh Circle
- Map Coordinate: 101-A4
Public facts
- Beds: 4
- Baths: 4.0
- Sq. Ft.: 3,295
- Stories: —
- Lot Size: 0.64 acres
- Style: Single Family Residential
- Year Built: 2021
- Year Renovated: 2021
- County: Carver County
- APN: 85.274026
Other
- Documents & Disclosures
- Restrictions: Other Covenants
- Home Information
- Living Area: 2627
- Main Level Finished Area: 1237.0000
- Building Area Total: 3860
- Age Of Property: 4
- Levels: Two
Around this home
Schools
Public K-4 • Assigned • 1.4mi
Public 5-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 98° expected this year, 14 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 10.4 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 55388
Home values near 501 Raleigh Cir
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | - Sq. Ft. | $571,151 |
4 Beds | 3 Baths | 2425 Sq. Ft. | $467,328 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | - Sq. Ft. | $585,906 |
5 Beds | 4 Baths | 3360 Sq. Ft. | $554,487 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | - Sq. Ft. | $601,760 |
4 Beds | 3 Baths | - Sq. Ft. | $558,959 |
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