CONTINGENT

Contingent

$1,499,999

Est. $10,206/mo —

•

5,158

sq ft

7397 Old Mill Rd, Centerville, MN 55038

About this home

Welcome to an exceptional lakefront retreat offering 5.78 acres of privacy, recreation, and resort-style living on the shores of Peltier Lake. This beautifully designed 5-bedroom, 4-bath rambler combines true main-level living with an expansive layout and impressive indoor-outdoor entertaining spaces. Large windows showcase peaceful lake and acreage views while filling the home with natural light. Step outside to your own backyard oasis featuring a private in-ground swimming pool and relaxing hot tub—perfect for enjoying Minnesota summers and crisp evenings under the stars. Nearly six acres provide incredible space to roam, unwind, and enjoy the waterfront setting. The attached heated garage adds year-round convenience and includes a dedicated electric vehicle charger. A separate detached outbuilding offers substantial additional space for boats, trailers, recreational equipment, storage, or a home gym. With lakefront access, acreage, exceptional amenities, and room to spread out, this property delivers a rare combination of privacy and lifestyle. Come experience everything this Peltier Lake estate has to offer. Amazing sunset views!!

Single-familyProperty Type

1976Year Built

5.78 acresLot Size

$291Price/Sq.Ft.

3 car garageParking

Listed by Joshua Leonhardt • Coldwell Banker Realty

Listed by Lindsay Collins • Coldwell Banker Realty

Listing updated: Nov 5, 2026 at 06:33am

Redfin checked: 2 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7157948

Payment calculator

$10,206 per month

Principal and interest$8,085

Property taxes

$1,409

HOA dues

Home insurance

$712

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN NOV 9, 8AM TO 7PM
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5830 Freeland Bay N, Hugo, MN 55038
0.3 acre lot • 3 garage spots • Built 2026
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5 beds5 baths5,241 sq ft
5851 Freeland Bay N, Hugo, MN 55038
0.3 acre lot • 3 garage spots • Built 2026
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3 beds1 bath1,102 sq ft
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9,147 sq ft lot • 2 garage spots • Built 1963
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4 beds3 baths1,940 sq ft
151 Morgan Ln, Lino Lakes, MN 55014
$400 HOA • 2 garage spots • Built 2009
3D WALKTHROUGH
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2 beds2 baths1,015 sq ft
4964 Emmit Dr N #2, Hugo, MN 55038
$43 HOA • Garage • Built 2006
3D WALKTHROUGH
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3 beds2 baths1,300 sq ft
7 Park Dr, Circle Pines, MN 55014
0.25 acre lot • 2 garage spots • Built 1953
OPEN NOV 9, 12PM TO 5PM
$559,990
3 beds3 baths2,540 sq ft
6132 158th St N, Hugo, MN 55038
6,098 sq ft lot • 3 garage spots • Built 2026
OPEN NOV 9, 12PM TO 5PM
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4 beds4 baths3,578 sq ft
15645 Granada Ave N, Hugo, MN 55038
8,712 sq ft lot • 3 garage spots • Built 2024
OPEN NOV 9, 3PM TO 4PM
$538,990
2 beds2 baths1,892 sq ft
6122 158th St N, Hugo, MN 55038
6,490 sq ft lot • 2 garage spots • Built 2026
OPEN NOV 14, 12PM TO 1:30PM
$375,000
3 beds2 baths1,611 sq ft
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0.32 acre lot • 3 garage spots • Built 2000

Around this home

Schools

K - 12
Preschool & daycare

Centerville Elementary

Public K-5 • Assigned • 0.6mi

9/10

Centennial Middle School

Public 6-8 • Assigned • 3.6mi

8/10

Centennial High School

Public 9-12 • Assigned • 4.9mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

7397 Old Mill Rd · $1,499,999

DAYS ON MARKET

The average home goes pending in 27 days.

SALE-TO-LIST

Most homes are selling 0% above list price.

LIST PRICE

Median sale price in this area is $399,075. (73% lower than this home)

PRICE DROP

28% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Two fireplaces
Finished full basement with daylight/lookout windows, walkout, and sump pump
Central vacuum
Air-to-air exchanger
Vaulted ceilings
Main-floor primary bedroom
Walk-in primary bedroom closet

Bedrooms
5 bedrooms
2 bedrooms on the main level

Bathrooms
2 full bathrooms
1 three-quarter bathroom
1 quarter bathroom

Kitchen
Cooktop
Dishwasher
Disposal
Double oven
Wall oven
Range
Microwave
Refrigerator
Freezer
Stainless steel appliances
Kitchen center island
Kitchen window
Walk-in pantry
Breakfast bar
Breakfast area
Eat-in kitchen

Laundry & utility
Washer
Dryer
Gas water heater
Water filtration system
Owned water softener

Heating & cooling
Boiler
Fireplace heating
Central air
Ductless mini-split

Sale and tax history for 7397 Old Mill Rd

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7157948

Oct 29, 2026

Contingent

—

Oct 9, 2026

Listed

$1,499,999

$291/sq ft

NORTHSTARMLS as Distributed by MLS Grid #7147667

Oct 9, 2026

Listing Removed

—

Sep 21, 2026

Listed

$1,750,000

$339/sq ft

NORTHSTARMLS as Distributed by MLS Grid #7054004

Sep 21, 2026

Listing Removed

—

Aug 7, 2026

Listed

$2,000,000

$388/sq ft

NORTHSTARMLS as Distributed by MLS Grid #4671196

Mar 24, 2016

Sold

$577,200

$112/sq ft

Feb 8, 2016

Pending

—

Jan 12, 2016

Listed

$700,000

$136/sq ft

NORTHSTARMLS as Distributed by MLS Grid #1328945

May 3, 1998

Listing Removed

—

Mar 2, 1998

Listed

$329,900

$64/sq ft

NORTHSTARMLS as Distributed by MLS Grid #1322205

Mar 1, 1998

Listing Removed

—

Feb 1, 1998

Listed

$349,000

$68/sq ft

NORTHSTARMLS as Distributed by MLS Grid #1297675

Jan 31, 1998

Listing Removed

—

Sep 17, 1997

Listed

$349,900

$68/sq ft

NORTHSTARMLS as Distributed by MLS Grid #1007951

Feb 25, 1994

Listing Removed

—

Aug 16, 1993

Listed

$279,000

$54/sq ft

NORTHSTARMLS as Distributed by MLS Grid #24614

Aug 1, 1993

Listing Removed

—

Sep 2, 1992

Listed

$325,000

$63/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$16,907 (+17.5%)

$645,800 + $536,600

$1,182,400

2025

$14,383 (+5.8%)

$533,700 + $527,300

$1,061,000

2024

$13,596 (−0.5%)

$508,400 + $549,300

$1,057,700

2023

$13,661 (−2.8%)

$423,000 + $506,200

$929,200

2022

$14,051 (−3.0%)

$368,500 + $441,100

$809,600

2021

$14,488 (−3.9%)

$400,000 + $417,800

$817,800

2020

$15,080 (−0.7%)

$400,000 + $417,800

$817,800

2019

$15,181 (+19.9%)

2018

$12,666 (+31.3%)

$317,400 + $346,700

$664,100

2017

$9,649 (−0.9%)

$289,000 + $208,000

$497,000

2015

$9,734 (−7.1%)

$291,300 + $196,400

$487,700

2014

$10,473 (−4.1%)

$291,300 + $179,900

$471,200

2013

$10,922

$322,500 + $163,800

$486,300

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3.75 Acres

Year renovated

2002

Finished Sq. Ft.

2,322

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,322

Year built

1976

Style

Single Family Residential

County

Anoka County

APN

14-31-22-31-0015

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 21, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Centerville, MN • 55038

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Centerville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 7397 Old Mill Rd

$1,438,697

$61K under list price of $1.50M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $570K to $727K.

SOLD SEP 21, 2026
$650,000 Last sold price
5 beds4 baths— sq ft
1669 Lakeland Cir, Centerville, MN 55038
smaller lot
23 years newer
SOLD SEP 1, 2026
$680,000 Last sold price
4 beds4 baths— sq ft
1668 Lakeland Cir, Centerville, MN 55038
smaller lot
23 years newer
SOLD JUL 21, 2026
$695,000 Last sold price
5 beds4 baths— sq ft
2306 Iverson Ct, Lino Lakes, MN 55038
smaller lot
24 years newer
SOLD OCT 19, 2026
$660,000 Last sold price
4 beds3 baths— sq ft
6643 Sherman Lake Rd, Lino Lakes, MN 55038
smaller lot
18 years newer
no basement
SOLD MAY 27, 2026
$570,000 Last sold price
4 beds3 baths— sq ft
2040 Diamond Ln, Lino Lakes, MN 55038
smaller lot
44 years newer
SOLD MAR 19, 2026
$727,000 Last sold price
5 beds4 baths— sq ft
4455 Cosette Ln N, Hugo, MN 55038
smaller lot
30 years newer

Rental earnings

Est. $3,393 per month, based on comparable rentals

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Details provided by NORTHSTARMLS as Distributed by MLS Grid and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 7397 Old Mill Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 7397 Old Mill Rd

This home may not be allowing tours right now

Nearby similar homes

New listings for sale in 55038

More real estate resources