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Updated 3 hours ago

Waterstone Place

VERIFIED

9700 Waterstone Place Minnetonka, MN

5.0 5 reviews
1 - 2 Bed
•
1 - 2 Bath

754 - 1,275 Sq. Ft.

Available Now
Deal

Move in to Waterstone Place and receive Two Months Free OR Reduced Rent!  Contact us for details!

Studio • 1 Bath
$1,295 - $1,477
582 ft2
0 Available
Unit 1300
$1,295
Rented
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Unit 2326
$1,321
Rented
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Unit 2426
$1,477
Rented
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1 Bed • 1 Bath
$1,799 - $1,867
906 ft2
3 Available
Unit 1308
$1,799+
Available Jun 30th, 2026
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Unit 2418
$1,799+
Available Aug 10th, 2026
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Unit 1208
$1,799+
Available Aug 16th, 2026
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1 Bed • 1 Bath
$1,769
754 ft2
1 Available
Unit 2304
$1,769
Available Jul 10th, 2026
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2 Beds • 2 Bath
$1,995 - $2,071
1103 ft2
3 Available
Unit 1104
$1,995
Available Now
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Unit 2123
$1,995+
Available Now
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Unit 2223
$1,995+
Available Jul 15th, 2026
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2 Beds • 2 Bath
$2,030
1083 ft2
1 Available
Unit 2313
$2,030
Available Jul 17th, 2026
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2 Beds • 2 Bath
$2,071
1095 ft2
2 Available
Unit 2125
$2,071
Available Jul 20th, 2026
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Unit 1201
$2,071
Available Aug 1st, 2026
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2 Beds • 2 Bath
$2,050
1125 ft2
1 Available
Unit 2306
$2,050
Available Jul 31st, 2026
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2 Beds • 2 Bath
$2,233 - $2,333
1275 ft2
2 Available
Unit 2310
$2,233+
Available Aug 9th, 2026
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Unit 1219
$2,233+
Available Sep 1st, 2026
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
4
Car-Dependent
Transit Score®
30
Some Transit
Bike Score®
54
Bikeable
Amenities
Air Conditioning
Fitness Center
Refrigerator
Business Center
Large Closets
Guest Room
Professional On-site Management
On-site Maintenance
Tiled Kitchen Backsplashes
Stainless Appliances
Online Community Portal
Online Payments
Clubhouse
Package Receiving
24-hour Maintenance
Gated Entry
Secured Entry
Elevator
High-speed Internet
Cable-ready
Freezer
Range / Oven
Fees & leasing info
Parking
Covered Parking
Lease & Fees
Lease Length: 12 months
Other:

Admin fee: $150

Security Deposit: $500.00
Administration Fee:

$150.00 One time due at move-in

Utility Administration Fee:

$8.00 Monthly due with rent

Utility Recovery Admin Fee:

$15.00 One time

Late Fee (8% Of Past Due Rent):

Percentage of rent One time

Nsf Tenant Fee:

$30.00 One time

Master Insurance Policy - Noncompliance:

$30.00 Monthly due with rent

Property details
Description

Introducing Waterstone Place Apartments, a beautiful community located nine miles west of Minneapolis. Apart from a premier amenity package, we provide a stylish selection of luxury apartments in Minnetonka, MN, with spacious studio, one, and two-bedroom layouts and upscale interior features. Flexible lease terms are also available! Comfort and convenience combine, creating a space that you can turn into a home. Wood-inspired vinyl floors and expansive windows are a given in each apartment, while fireplaces and sunrooms are included in select few. The kitchens come with all the essentials for effortless cooking sessions, including granite countertops, stainless-steel appliances, and tile backsplashes. Thanks to the large closets and ample cherry-wood cabinets, keeping everything in place will be a piece of cake. Washers & dryers are incorporated, too. Visit us today to see more! Our apartments are near Ridgedale Mall, right off Highway 169.

Additional Details
Space Fee: 50.00
Garage Space: $50.00 - $75.00 Monthly due with rent
Total Unit Count: 165
Last Updated: Updated 3 hours ago
Contact Number: (833) 578-6713
Property manager information
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Office Hours
Sunday: 12:00 PM - 4:00 PM
Monday: 9:00 AM - 5:00 PM
Tuesday: 10:00 AM - 6:00 PM
Wednesday: 10:00 AM - 6:00 PM
Thursday: 10:00 AM - 6:00 PM
Friday: 10:00 AM - 5:00 PM
Saturday: 10:00 AM - 4:00 PM
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Reviews
Waterstone Place
5.0
5 reviews
Would certainly recommend living here! very clean environment, the management team is great couldnt ask better !
This was my husband and my first apartment. We live in a 1 bedroom unit. We loved it! It is spacious, bright, and has...
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I have lived at Waterstone Place for over 16 years. Leah, in the leasing office does a great job communicating to the residents. She...
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Lived here for close to 7 years, never a bad experience here. The property manager Lea is absolutely phenomenal and frankly was a large...
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I have LOVED living here! Hands down the best apartment staff I have ever met! So friendly, professional, and always get things done right...
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Photos Floor Plans Amenities Reviews
About Waterstone Place
Welcome to Waterstone Place, one of the most welcoming apartment communities in the Twin Cities area. Managed by Steven Scott Management, this Minnetonka property offers comfortable living spaces with a variety of floor plan options. With studios, one-bedroom, and two-bedroom apartment homes available, there is a perfect fit for everyone.

Located at 9700 Waterstone Place, this community is conveniently situated near Highway 169 and Minnetonka Boulevard, making commuting and exploring the area a breeze. Countless options for shopping, dining, and entertainment are just minutes away, ensuring that residents have ample opportunities for leisure and convenience.

Waterstone Place takes pride in being pet-friendly, meaning your furry companions are more than welcome to join you in your new home. The amenities offered here include air conditioning, covered parking, a fitness center, and even high-speed internet access. You'll also find a variety of appliances in your unit, such as a refrigerator, range/oven, and freezer, making your daily life just a little bit easier.

Additionally, Waterstone Place is currently undergoing renovations, ensuring that your living space will be even more comfortable and stylish. With exceptional features like storage lockers, an inviting club room, underground parking, and controlled access entry, you'll have everything you need right at your fingertips.

Don't miss out on this incredible opportunity to live in Waterstone Place. Visit this friendly community today and see why it's the perfect place to call home.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Waterstone Place by bedroom type below.
1 Bedroom
Suggested income:
$64,500
per year
2 Bedroom
Suggested income:
$75,500
per year
Rent report

Waterstone Place Rent vs. Minnetonka Average

 Waterstone Place      Minnetonka Average
1BR
$1,792
$1,563
$0
$600
$1,200
$1,800
$2,400
2BR
$2,099
$1,922
$0
$700
$1,400
$2,100
$2,800

Waterstone Place is asking 15% more than the average 1 bedroom apartment in Minnetonka.

If you upsized to an average priced Minnetonka 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Minnetonka studio apartment, you would pay 16% less per month.

Waterstone Place provides 11% more square footage than the average Minnetonka 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Waterstone Place
1BR $1,792 $2.10 $5,375
2BR $2,099 $1.80 $6,296
Minnetonka Average
Studio $1,349 $2.50 $4,046
1BR $1,563 $2.00 $4,690
2BR $1,922 $1.70 $5,765
3BR $2,617 $1.70 $7,852
4BR $3,808 $1.30 $11,423

Availability in Minnetonka

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 146 2BR units on the market in Minnetonka. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 42% 44% 5% 0%
Available Units in Minnetonka
Studio 30
1BR 140
2BR 146
3BR 16
4BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Park Nicollet Methodist Hosp 2.31 mi.
Regency Hospital Of Mpls Llc 4.57 mi.
Fairview Southdale Hospital 5.59 mi.
Nearby Fire Stations
Name Distance
Decatur Hamilton Fire Department 0.43 mi.
Hopkins Fire Department 0.88 mi.
St Louis Park Fire Department 1.53 mi.
FAQs
Is this property currently leasing units?
Yes. There are 15 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 13 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 754 to 1,275 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,769 to $2,333. Waterstone Place has 1 bedroom units available starting at $1,769 and 2 bedroom units available starting at $1,995.
Where is this property located?
This property is at 9700 Waterstone Place in Minnetonka, MN. It's 5.4 miles east from the center of Minnetonka.
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