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Waterstone Place

VERIFIED

9700 Waterstone Place Minnetonka, MN

5.0 5 reviews
Studio - 2 Bed
1 - 2 Bath

582 - 1,095 Sq. Ft.

Available Now
Studio • 1 Bath
$1,436 - $1,480
582 ft2
2 Available

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Unit 2326
$1,436
Available Jun 1st, 2024
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Unit 2426
$1,480
Available Jul 1st, 2024
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1 Bed • 1 Bath
$1,650 - $1,795
817 ft2
4 Available

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Unit 2212
$1,795
Available Now
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Unit 1210
$1,775
Available Now
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Unit 1206
$1,750
Available Apr 1st, 2024
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Unit 1211
$1,650
Available Jun 1st, 2024
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View Rented Units
1 Bed • 1 Bath
$1,640
754 ft2
1 Available

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Unit 2204
$1,640
Available Apr 1st, 2024
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2 Beds • 2 Bath
$1,905 - $2,020
1095 ft2
2 Available

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Unit 2225
$2,020
Available Now
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Unit 1201
$1,905
Available Jun 1st, 2024
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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
Online Payments
Large Closets
Guest Room
Professional On-site Management
On-site Maintenance
Tiled Kitchen Backsplashes
Stainless Appliances
Online Community Portal
Business Center
Clubhouse
Package Receiving
24-hour Maintenance
Gated Entry
Secured Entry
Elevator
High-speed Internet
Cable-ready
Freezer
Range / Oven
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Covered Parking
Lease & Fees
Lease Length: 12 months
Application Fee: $50
Other: Admin fee: $150
Property details
Description

Additional fees for this community include:Non-Optional FeesApplication fee: $50/adultNon-refundable administrative fee: Management charges a $150, non-refundable, administrative fee that is related to our internal and administrative costs for the establishment of a resident file, and preparation of initial lease paperwork and related addendums. This administrative fee must be paid, in addition to the payment of month's rent, any prorated rent, or any additional deposit that might be required on the day of move-in.Utility Fees:Electricity – Paid for by resident Gas – Paid for by residentHeat – Paid for by residentWater/Sewer/Trash – Utility billing is calculated by the Ratio Utility Billing System (RUBS) and will be added to the account ledger monthly. A 12-month history of payments is available for review in the management office, as required by Minnesota statute.

Additional Details
Total Unit Count: 165
Last Updated: Updated 1 hour ago
Contact Number: (833) 578-6713
Property manager information
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Office Hours
Sunday: 12:00 PM - 4:00 PM
Monday: 10:00 AM - 6:00 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.
Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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.
Studio
Suggested income:
$52,500
per year
1 Bedroom
Suggested income:
$62,000
per year
2 Bedroom
Suggested income:
$70,600
per year
Rent report

Waterstone Place Rent vs. Minnetonka Average

 Waterstone Place      Minnetonka Average
Studio
$1,458
$1,299
$0
$500
$1,000
$1,500
$2,000
1BR
$1,722
$1,564
$0
$600
$1,200
$1,800
$2,400
2BR
$1,963
$1,891
$0
$650
$1,300
$1,950
$2,600

Waterstone Place is asking 12% more than the average studio apartment in Minnetonka.

If you upsized to an average priced Minnetonka 1 bedroom apartment, you would pay 17% more per month.

Waterstone Place provides 13% more square footage than the average Minnetonka studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Waterstone Place
Studio $1,458 $2.50 $4,374
1BR $1,722 $2.10 $5,166
2BR $1,963 $1.80 $5,888
Minnetonka Average
Studio $1,299 $2.50 $3,896
1BR $1,564 $2.00 $4,691
2BR $1,891 $1.70 $5,673
3BR $2,208 $1.50 $6,623
4BR $3,058 $1.40 $9,173

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 121 2BR units on the market in Minnetonka. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 42% 42% 5% 1%
Available Units in Minnetonka
Studio 31
1BR 119
2BR 121
3BR 13
4BR 2
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 9 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 582 to 1,095 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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 $1,640 to $2,020. Waterstone Place has 1 bedroom units available starting at $1,640 and 2 bedroom units available starting at $2,020.
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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