Managed By
- Total Monthly Price
- $1,566 - $2,292
- 12 Month Lease
- Bedrooms
- Studio - 2Studio - 2 Beds
- Bathrooms
- 1 - 21 - 2 Baths
- Sq. Ft.
- 582 - 1,345 sq ft
Pricing and Floor Plans
Falls
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2326
$1,566
582 Sq. Ft.
Nov. 6
Brook
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Reed
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Lake - ACC
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Lake
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Mallard
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1201
$2,087
1,095 Sq. Ft.
Now
Waterstone
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1320
$2,267
1,275 Sq. Ft.
Oct. 15
Stream
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2413
$2,087
1,083 Sq. Ft.
Nov. 15
Creek - ACC
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Willow
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Heron
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Egret
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Spring
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Wetlands M1
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Marsh
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Wetlands M
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The Waterstone - HC
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The Drake
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Property Map
Select a unit to view pricing and availability
Details
Lease Term Options
- 12 mo
Property Information
- Built in 2003
- 165 units4 stories
Fees & Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Utilities & Essentials
-
Garage Space$50 - $75 / mo
-
Internet/Connectivity Fee$59 / mo
-
Utility Administration Fee$8 / mo
-
Electricity ChargeVaries / mo
-
Gas ChargeVaries / mo
-
Trash/Recycling ChargeVaries / mo
-
Water/Sewer/Storm ChargeVaries / mo
One-Time Basics
Due at Application
-
Application Fee$50
Due at Move-In
-
Administration Fee$150
-
Deposit$500
Garage
-
Parking Fee$50 - $75 / mo
Comments
$50 first stall, $75 second stall (if available)
Additional Parking Options
-
Surface Lot
-
Other
-
Covered
-
Other
Dogs Allowed
-
Dog Fee$350
-
Dog Rent$50 / mo
Restrictions
Breed restrictions apply.
Comments
| Restrictions: Breed restrictions apply.
Cats Allowed
-
Cat Fee$300
-
Cat Rent$25 / mo
Restrictions
None
Comments
| Restrictions: None
Other Pets Allowed
-
One Time Pet Fee (nonrefundable)$300 - $350
Personalized Add-Ons
-
Cat Fee (Monthly)$25 / mo
-
Dog Fee (Monthly)$50 / mo
Situational
-
Master Insurance Policy - Noncompliance$30 / mo
-
Pet Screening Fee$30 / yr
-
Utility Recovery Admin Fee$15 / occurrence
-
NSF Tenant Fee$30 / occurrence
-
Late Fee (8% of Past Due Rent)8% of base rent / occurrence
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.
Matterport 3D Tours
Explore Commute Options
Property Highlights
- BBQ/Picnic Area
- Central Air and Heat
- Cherrywood cabinets
- Demonstration Kitchen perfect for entertaining
- Enjoy the Outdoors on our Walking Paths
- Fireplace - in select apartment homes
- Granite counter tops
- Granite top Breakfast Bar
- High-Speed 1 gig FiberStream Wi-Fi - $59/month
- In-Home Full Size Washer & Dryer
- Large Closets
- Natural Gas Furnace
- Patio/Balcony - in select apartment homes
- Smoke-Free Housing
- Storage Lockers
- Sun Room - in select apartment homes
- Tile Backsplash
- Upgraded Bath Vanity with Wood Framed Mirror
- Wood Inspired Luxury Vinyl Plank
Apartment Features
- Air Conditioning
- Balcony
- Crown Molding
- Dishwasher
- Disposal
- Fireplace
- Framed Mirrors
- Granite Countertops
- Heating
- High Speed Internet Access
- Kitchen
- Microwave
- Oven
- Patio
- Range
- Refrigerator
- Smoke Free
- Stainless Steel Appliances
- Storage Space
- Sunroom
- Tile Floors
- Tub/Shower
- Vinyl Flooring
- Washer/Dryer
- Wheelchair Accessible (Rooms)
- Wi-Fi
- Window Coverings
Community Features
- Breakfast/Coffee Concierge
- Business Center
- Car Wash Area
- Clubhouse
- Controlled Access
- Corporate Suites
- Elevator
- Fitness Center
- Furnished Units Available
- Garages
- Gated
- Grill
- Guest Apartment
- Laundry Facilities
- Package Service
- Picnic Area
- Property Manager on Site
- Recycling
- Walking/Biking Trails
- Wi-Fi
Map of Waterstone Place
Area Scores
Walkability
Fairly walkable
Transit
Limited public transit
Driveability
Very drivable
Bikeability
Fairly bikeable
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Driveability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
Soundscore™
Busy
A Sound Score rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Transit
Commuter Rail
13 min Drive
Airport
26 min Drive
Moving to East Minnetonka, Minnetonka, MN
Shopping Centers
Shoppers will appreciate Waterstone Place proximity to Knollwood Village, Texa-Tonka Shopping Center, and Texa-Tonka Annex. Knollwood Village is 1.1 miles away, and Texa-Tonka Shopping Center is within a 24 minute walk.
Parks and Recreation
Recreational activities near Waterstone Place are plentiful. Discover 2 parks within 4.1 miles, including Westwood Hills Nature Center and East Medicine Lake Park.
Airports
Living in East Minnetonka provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 25 minutes from Waterstone Place.
Local Education
Primary and Secondary Schools
Park Spanish Immersion Elementary School
Grades K-5
Public
Eisenhower Elementary School
Grades PK-5
Public
French Academy
Grades PK-5
Private
Hopkins North Junior High School
Grades 6-8
Public
Hopkins Senior High School
Grades 9-12
Public
School #527
Grades 6-12
Public
Metropolitan Open School
Grades K-12
Private
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
| School | Commute Time (Distance) |
|---|---|
| Minneapolis College | Drive: 13 min (8 mi) |
| University of St. Thomas | Drive: 14 min (8.5 mi) |
| North Central University | Drive: 17 min (9.3 mi) |
| Augsburg College | Drive: 18 min (11.3 mi) |
About Waterstone Place
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.
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.
Waterstone Place is an apartment community in Minnetonka, MN
Contact
Minnetonka, MN 55305
- Sunday Closed
- 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
Renter Reviews
For Waterstone Place
3 Ratings & Reviews
-
5/9/17
Wonderful Apartments, Lived There For Years
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.
Review from Apartments.com
2 People Found This Helpful
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Contact This Property
(763) 452-9469Languages: English
Open 9:00 AM – 5:00 PM Today