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Monthly Rent
$1,760 - $2,116
Plus Fees12 Month Lease
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
582 - 1,345 sq ft
Highlights
- Furnished Units Available
- Controlled Access
- Walking/Biking Trails
- Fireplace
- Gated
- Picnic Area
- Elevator
- Grill
- Balcony
Pricing & Floor Plans
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- One-Time Basics
- Due at Application
- Application Fee Per ApplicantCharged per applicant.$50
- Due at Move-In
- Administrative FeeCharged per unit.$150
- Due at Application
- Dogs
- Dog FeeCharged per pet.$350
- Dog RentCharged per pet.$50 / mo
Restrictions:Breed restrictions apply.Read MoreRead LessComments - Cats
- Cat FeeCharged per pet.$300
- Cat RentCharged per pet.$25 / mo
Restrictions:Comments
- Surface Lot
- Other
- Covered
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 mo
Property Information
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Built in 2003
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165 units/4 stories
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Furnished Units Available
Matterport 3D Tours
About Waterstone Place
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 administrative fee: $8/month
Waterstone Place is an apartment community located in Hennepin County and the 55305 ZIP Code. This area is served by the Hopkins Public attendance zone.
Unique Features
- Smoke-Free Housing
- Granite top Breakfast Bar
- Storage Lockers
- Fireplace - in select apartment homes
- Large Closets
- Tile Backsplash
- In-Home Full Size Washer & Dryer
- Cherrywood cabinets
- Enjoy the Outdoors on our Walking Paths
- High-Speed 1 gig FiberStream Wi-Fi - $59/month
- Upgraded Bath Vanity with Wood Framed Mirror
- BBQ/Picnic Area
- Demonstration Kitchen perfect for entertaining
- Natural Gas Furnace
- Central Air and Heat
- Granite counter tops
- Patio/Balcony - in select apartment homes
- Sun Room - in select apartment homes
- Wood Inspired Luxury Vinyl Plank
Community Amenities
Fitness Center
Laundry Facilities
Furnished Units Available
Elevator
- Package Service
- Wi-Fi
- Laundry Facilities
- Controlled Access
- Property Manager on Site
- Furnished Units Available
- Recycling
- Guest Apartment
- Car Wash Area
- Elevator
- Business Center
- Clubhouse
- Breakfast/Coffee Concierge
- Corporate Suites
- Fitness Center
- Walking/Biking Trails
- Gated
- Grill
- Picnic Area
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
Granite Countertops
Microwave
Refrigerator
Wi-Fi
Indoor Features
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Storage Space
- Tub/Shower
- Fireplace
- Framed Mirrors
- Wheelchair Accessible (Rooms)
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Granite Countertops
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Details
- Tile Floors
- Sunroom
- Crown Molding
- Window Coverings
- Balcony
- Patio
- Package Service
- Wi-Fi
- Laundry Facilities
- Controlled Access
- Property Manager on Site
- Furnished Units Available
- Recycling
- Guest Apartment
- Car Wash Area
- Elevator
- Business Center
- Clubhouse
- Breakfast/Coffee Concierge
- Corporate Suites
- Gated
- Grill
- Picnic Area
- Fitness Center
- Walking/Biking Trails
- Smoke-Free Housing
- Granite top Breakfast Bar
- Storage Lockers
- Fireplace - in select apartment homes
- Large Closets
- Tile Backsplash
- In-Home Full Size Washer & Dryer
- Cherrywood cabinets
- Enjoy the Outdoors on our Walking Paths
- High-Speed 1 gig FiberStream Wi-Fi - $59/month
- Upgraded Bath Vanity with Wood Framed Mirror
- BBQ/Picnic Area
- Demonstration Kitchen perfect for entertaining
- Natural Gas Furnace
- Central Air and Heat
- Granite counter tops
- Patio/Balcony - in select apartment homes
- Sun Room - in select apartment homes
- Wood Inspired Luxury Vinyl Plank
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Storage Space
- Tub/Shower
- Fireplace
- Framed Mirrors
- Wheelchair Accessible (Rooms)
- Dishwasher
- Disposal
- Granite Countertops
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Tile Floors
- Sunroom
- Crown Molding
- Window Coverings
- Balcony
- Patio
| Monday | 10am - 6pm |
|---|---|
| Tuesday | 10am - 6pm |
| Wednesday | 10am - 6pm |
| Thursday | 10am - 6pm |
| Friday | 10am - 5pm |
| Saturday | 10am - 4pm |
| Sunday | Closed |
The ritzy neighborhood of East Minnetonka, located 20 minutes from Downtown Minneapolis, allows locals to take advantage of the small-town feel, while enjoying the convenience of the nearby city. An extremely safe area, many families make their home here. Although largely residential, several quality bars and restaurants serve the area, and Ridgedale Center, a large, regional shopping mall, is under 10 minutes from the city center. The many lakes, parks, and woodlands provide popular outdoor activities for visitors year-round. An array or low-rise apartments and luxurious single-family homes make East Minnetonka a top pick among residents.
Learn more about living in East Minnetonka| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 13 min | 8.0 mi | |
| Drive: | 14 min | 8.5 mi | |
| Drive: | 17 min | 9.3 mi | |
| Drive: | 18 min | 11.3 mi |
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.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation options available in Minnetonka include Target Field Station, located 8.8 miles from Waterstone Place. Waterstone Place is near Minneapolis-St Paul International/Wold-Chamberlain, located 16.5 miles or 25 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
|
Drive: | 14 min | 8.8 mi |
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|
Drive: | 14 min | 8.8 mi |
| Drive: | 15 min | 8.9 mi | |
|
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Drive: | 15 min | 9.0 mi |
|
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Drive: | 15 min | 9.4 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 15 min | 9.0 mi |
|
|
Drive: | 21 min | 14.3 mi |
|
|
Drive: | 28 min | 19.1 mi |
|
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Drive: | 28 min | 19.2 mi |
|
|
Drive: | 31 min | 21.0 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Minneapolis-St Paul International/Wold-Chamberlain
|
Drive: | 25 min | 16.5 mi |
Time and distance from Waterstone Place.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Drive: | 3 min | 1.1 mi | |
| Drive: | 3 min | 1.3 mi | |
| Drive: | 3 min | 1.4 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Westwood Hills Nature Center
|
Drive: | 7 min | 2.6 mi |
|
East Medicine Lake Park
|
Drive: | 7 min | 4.1 mi |
|
Cedar Lake Park
|
Drive: | 11 min | 5.6 mi |
|
Meloday Lake Park
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Drive: | 11 min | 7.1 mi |
|
The Works
|
Drive: | 11 min | 7.1 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 7 min | 3.5 mi | |
| Drive: | 12 min | 8.0 mi | |
| Drive: | 18 min | 8.3 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 22 min | 15.2 mi |
Property Ratings at Waterstone Place
My husband and I loved living at Waterstone Place, so much so that we stayed there for over 3 years. The only reason we moved out was because we bought a house, otherwise we would've continued living there. You won't find better, more responsive, more friendly management anywhere. The property is beautiful, and the apartments themselves are large and well-maintained. Our particular apartment overlooked a marsh, so the balcony was a perfect little getaway. Every year we utilized the club room for our family Christmas get togethers, and family and friends all commented on what a great space it was. Walls are thick enough that we never heard the neighbors, and the residents that live there are all respectful and friendly. Great location, 10 minutes from everything, and you'd never know it was right off of a highway with the way the sound is muffled in the building. Long story short,I would highly recommend this community to anyone that is willing to pay a little extra to have a wonderful place to call home.
These apartments were likely "luxury" (as they advertise) 10 years ago. Now they're average. Not sure if the high rent I paid was worth the amenities available (no pool, spa, workout rooms are small, little to no truly usable green space.) I did, however, really enjoy the large windows and my one bedroom fit all of my belongings perfectly (bonus that the walk in closet was big and a storage locker is included.) Appliances are old, but you do have the option of upgrading them for an extra $25/month in rent. I am able to hear my neighbors on both sides and above me. My unit faced the marsh that the apartments are built on and the sound from the train truly is deafening when you have the windows open (and it runs all hours of the day and night.) When viewing the apartment I voiced concerns over the amount of bugs due to the proximity to the marsh and was told that it would not be an issue because the state sprays it. Not true. There were hundreds of water mosquitoes that swarmed our patio. A big redeeming quality is that the staff are very friendly and work to know everyone by name and respond to questions and emails promptly. It is evident they care about the community. It is also convenient to uptown and shopping and HWY 169. The property is cared for and nicely upkept. There is a mixture of young professionals, families, and older folks. I have never lived in a community where the tenants are so active with complaints. You can expect an email from management weekly, if not more frequently, about anything from gardener snakes sunning themselves on the walking paths to cars that are parked poorly (including a picture of the license plate of said car) to a dog that looks like it weigh over the 20 lb dog limit. It almost feels like you're living with Big Brother, and you have to be very careful to avoid doing something (literally anything) to upset another tenant for fear of being scolded via email by management. I don't feel like there is much privacy, even on your own balcony. There were several notices sent out about car thefts within the locked parking garage. I would hope that this would take priority over some of the more menial items (see above) but it doesn't appear so.
Waterstone Place is a wonderful, quiet, upscale apartment complex in Minnetonka! The serene park like setting makes you feel like you are living up north rather than in a bustling suburb. The apartments are roomy with tons of storage in the apartment, and an additional storage room onsite is included as well. Apartments at Waterstone are smoke free which was important to me, and they welcome pets too! You really can't go wrong by choosing to live here, the people are great and will welcome you at anytime! You should definitely come and take a look!!
Waterstone Place Photos
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Waterstone Place
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1BR, 1BA, Lake - 817 SF
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Models
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Studio
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Brook
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1 Bedroom
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Lake
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1 Bedroom
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1 Bedroom
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Waterstone Place has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Waterstone Place has studios to two bedrooms with rent ranges from $1,760/mo. to $2,116/mo.
Yes, Waterstone Place welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,760 for a one bedroom, you would need to earn about $63,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Waterstone Place is offering 2 Months Free for eligible applicants, with rental rates starting at $1,760.
Yes! Waterstone Place offers 4 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources