7397 Old Mill Rd, Centerville, MN 55038
Property image
Property image
FOR SALE
5.78 ACRES

$2,000,000

  • 5 Beds
  • 4 Baths
  • 5,158 sqft (on 5.78 acres)

7397 Old Mill Rd, Centerville, MN 55038

Est. Mortgage $12,486/mo*
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Home Highlights

Single-Family Home
Built in 1976
5.78 acre lot
$388/sqft
3 Car Garage

Local Information

  • Map ViewExplore the area around 7397 Old Mill Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!!
Last check for updates: about 19 hours ago
Listing courtesy of The Leonhardt Team, (651) 769-5329
Coldwell Banker Realty
Lindsay Collins, (651) 271-8876
Source: NorthstarMLS as distributed by MLS GRID, MLS#7054004

Home Details for 7397 Old Mill Rd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Block,Daylight,Finished,Full,Sump Basket,Sump Pump,Walk-Out AccessNumber of Rooms: 21Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom, Dining Room, Family Room, Game Room, Garage, Informal Dining Room, Kitchen, Laundry, Living Room, Pantry Walk In, Utility Room, Walk In Closet
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 5158 Square FeetFoundation Area: 3282
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Central Vacuum, Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener OwnedDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Boiler,Fireplace(s),In-Floor HeatingHas CoolingAir Conditioning: Central Air,Ductless Mini-SplitHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Number of Fireplaces: 2Spa: Hot TubHas a FireplaceHas a Spa
Gas & Electric
Electric: Circuit Breakers, 200+ Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: None
View
Has a ViewView: Lake, Panoramic, West

Exterior Features

Exterior Home Features
Patio / Porch: Awning(s), Deck, Patio, Side PorchFencing: NoneOther Structures: Garage(s), Hen HouseHas a Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (25'4'' x 32'3''), Garage Door Height (8), Garage Door Width (8)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Covered,Detached Garage,Asphalt,Electric,Electric Vehicle Charging Station(s),Floor Drain,Garage,Garage Door Opener,Guest,Heated Garage,Insulated Garage,Multiple Garages,Storage
Pool
Pool: In Ground, HeatedPool
Frontage
WaterfrontWaterfront: Lake Front, Lake Bottom(Weeds)On Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Farm & Range
Frontage Length: Water Frontage: 274
Finished Area
Finished Area (above surface): 3282 Square FeetFinished Area (below surface): 1876 Square Feet

Days on Market

Days on Market: 45

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: Block, Brick, Concrete, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 143122310015

Price & Status

Price
List Price: $2,000,000Price Per Sqft: $388

Location

Direction & Address
City: Hugo
School Information
High School District: Centennial

Agent Information

Listing Agent
Listing ID: 7054004

Building

Building Area
Building Area: 5158 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 5.78 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7054004Water ViewWater View: LakeAbove Grade Unfinished Area: 3282Activation Date: Fri Aug 07 2026

Around this home

What Locals Say about Lino Lakes

At least 77 Trulia users voted on each feature.
  • 95 % Say yards are well-kept

  • 92 % Say it's dog friendly

  • 92 % Say car is needed

  • 91 % Say parking is easy

  • 82 % Say people would walk alone at night

  • 81 % Say kids play outside

  • 72 % Say it's quiet

  • 69 % Say there's wildlife

  • 66 % Say there's holiday spirit

  • 61 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 50 % Say there are sidewalks

  • 43 % Say streets are well-lit

  • 39 % Say there are community events

  • 33 % Say it's walkable to restaurants

  • 19 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Taylor R.
    "Dog owners would love this neighborhood as it’s very pet friendly, the only hardship is that there are many dogs so if your dog is an attacker be on the safe side and keep it close to you at all times. There are many neighborhood parties to bring your dogs to which everyone loves. "
  • Michelle_gooder
    "Cinnamon Teal Court Holiday Lights, each year our entire street decorates their homes with lights, we have a Santa out to visit each Friday and Saturday night after Thanksgiving through Christmas, we have an annual toy and food drive where we collect for the local food shelves, we give back to the community and we enjoy providing an annual tradition for families to come and walk the street to enjoy the displays. "
  • Spectre530
    "Quiet community. Lots of trails and parks. Close to schools. Huge Halloween area. We get over 200 kids that night. Must drive slow through neighborhoods since so many kids out playing. It’s great to see and hear."
  • Ketaa1974
    "Family friendly area with ok schools but not much diversity. nice parks, well kept homes and lots of kids"
  • Jana'i T.
    "I’ve lived here for awhile and and we love it has that very close knit everyone helps everyone vibe like the old way. "
  • Richtrujillo
    "Lots of dog walks. Friendly dog breeds. Friendly people. Parks within walking distance. Great neighbors!"
  • Michelle S.
    "We have lived here for 8 years and we love the schools, the people and the safety. Definitely a fantastic place to raise a family."
  • Patrick M.
    "gorgeous wooded neighborhood off the beaten path and still close to quaint little downtown white bear lake. friendly neighbors docks and lake are underused and highly under-rated. Bald Eagle Lake is a fully recreational lake. very scenic with world class fishing."

Market trends in Lino Lakes

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$436K
$49.68K
MoM
Sale-to-List Price
100.0%
0.2%
MoM
Price per sq ft
$190
$3
MoM
Available listings
74
4
MoM

Home Value

Trulia Estimate
$1.92M
Since last month
Decreased$19K (-1%)
Since last year
Increased$925K (+92.8%)
Since last sale
Increased$1M (+232.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +246% in the last 10 years
MonthEstimated value
2026
September 2026$1.92M
August 2026$1.94M
July 2026$1.05M
June 2026$1.07M
May 2026$1.03M
April 2026$1.04M
March 2026$1.01M
February 2026$1M
January 2026$944K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$695,000
09/30/25
5
3.5
3,332
0.14
Single-Family Home
$620,000
10/07/25
5
3
3,446
0.16
Single-Family Home
$669,000
05/22/26
5
3
4,008
0.19
Single-Family Home
$699,000
12/17/25
5
3.5
3,784
0.32
Single-Family Home
$709,400
08/14/26
5
3
3,434
0.17
Single-Family Home
$799,900
10/10/25
5
4.5
3,766
0.26
Single-Family Home
$785,000
09/11/26
5
4.5
4,801
0.40
Single-Family Home
$624,900
10/31/25
5
3.5
3,347
0.46
Single-Family Home
$680,000
09/01/26
4
3.5
3,350
0.33
Single-Family Home
$465,000
07/08/26
4
3
2,201

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$712,000
5
3.5
3,332
Off Market
0.12
$399,900
-
-
-
For Sale
0.12
$680,100
4
2.5
2,967
Off Market
0.12
$769,400
4
3.5
4,232
Off Market
0.14
$634,900
5
3
3,446
Off Market
0.14
-
-
-
-
Off Market
0.13
$783,700
5
3.5
3,784
Off Market
0.16
$669,000
5
3
4,008
Recently Sold
0.16
$509,900
4
2.5
2,352
For Sale
0.17
$819,400
5
4.5
3,766
Off Market
0.17
$732,200
5
4.5
3,766
Off Market

Price and Tax history

DateEventPrice
Aug 7, 2026
Source: NorthstarMLS as distributed by MLS GRID #7054004
Listed For Sale
$2,000,000
Mar 24, 2016
Source: NorthstarMLS as distributed by MLS GRID #4671196
Sold
$577,200
Jun 2, 1998
Source: N/A
Sold
$302,500

LGBTQ Local Legal Protections

The Leonhardt Team, Coldwell Banker Realty
Agent Phone: (651) 769-5329
Based on information submitted to the MLS GRID as of 2026-09-19 23:43:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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Frequently asked questions about 7397 Old Mill Rd

  • What is the estimated monthly payment for 7397 Old Mill Rd?
    Based on a $2,000,000 list price with 20% down at today's rates, the estimated monthly payment for 7397 Old Mill Rd in Centerville, MN is approximately $12,601 (about $10,943 principal & interest, $1,583 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 7397 Old Mill Rd compare to homes in Centerville?
    7397 Old Mill Rd in Centerville, MN is listed at $2,000,000, about 358% above the $436K median sale price in Centerville.
  • What do residents say about Centerville?
    Residents describe Centerville, MN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in Centerville, MN.
  • What are the closest schools to 7397 Old Mill Rd?
    The closest schools to 7397 Old Mill Rd in Centerville, MN are Centennial High School (rated 10/10), Centennial Middle School (rated 8/10), Centerville Elementary (rated 9/10).
  • Does 7397 Old Mill Rd have air conditioning?
    Yes, 7397 Old Mill Rd in Centerville, MN has air conditioning.
  • Does 7397 Old Mill Rd have a pool?
    Yes, 7397 Old Mill Rd in Centerville, MN has a pool.
7397 Old Mill Rd, Centerville, MN 55038 is a 5 bedroom, 5 bathroom, 5,158 sqft single-family home built in 1976. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Aug 6, 2026. The MLS # for this home is MLS# 7054004.