$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*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1976
5.78 acre lot
$388/sqft
3 Car Garage
Local Information
-- mins to
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

Also Listed on NorthstarMLS as distributed by MLS GRID.
Home Details for 7397 Old Mill Rd
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MLS Status: Active |
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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 |
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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 |
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Days on Market: 45 |
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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 |
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Price List Price: $2,000,000Price Per Sqft: $388 |
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Direction & Address City: Hugo |
School Information High School District: Centennial |
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Listing Agent Listing ID: 7054004 |
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Building Area Building Area: 5158 Square Feet |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 5.78 Acres |
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Contingencies: None |
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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.
Market trends in Lino Lakes
Last updated August 2026
Avg. sale price
$436K
$49.68KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$190
$3MoM
Available listings
74
4MoM
Home Value
Trulia Estimate
$1.92MSince 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
| Month | Estimated 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
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
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| 2025 | $14,383 | $1,182,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
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
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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.

