H$_2$O maser emission associated with the massive star formation region W49N were observed with the Space-VLBI mission RadioAstron. The procedure for processing of the maser spectral line data obtained in the RadioAstron observations is described. Ultra-fine spatial structures in the maser emission were detected on space-ground baselines of up to 9.6 Earth diameters. The correlated flux densities of these features range from 0.1% to 0.6% of the total flux density. These low values of correlated flux density are probably due to turbulence either in the maser itself or in the interstellar medium.