$1,995,000

7040 132nd St N Hugo, MN 55038

Estimated payment $11,770/month

5 Beds
4.5 Baths
5,231 Sq Ft
$381 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Docks
  • Multiple Garages
  • O.H. Anderson Elementary School Rated A
  • Home fronts a pond
  • Lake View

About This Home

There are properties, and then there are estates that redefine what it means to truly live. Set on 9.88 breathtaking acres within the prestigious Mahtomedi School District — and among the closest acreage properties to the charming shops, dining, and waterfront amenities of downtown White Bear Lake — 7040 132nd Street North is one of the most extraordinary private compounds to reach the Twin Cities market. This is a place where custom craftsmanship, recreational infrastructure, income-producing versatility, and serene natural beauty converge in a way that simply cannot be replicated. Let's be direct: this is a working man's compound. Built by a successful commercial contractor who ran his business here, raised his family here, flooded a skating rink behind the barn every winter, and hosted weddings and parties in that barn. It has been genuinely lived in and loved — carrying the honest character and patina that only comes from a property truly put to use. The right buyer will see not what it is, but what it can become. The two-story Craftsman offers 5,900 total sq ft with over 5,200 finished. Limestone exterior, copper turret roof, cedar timber entry, covered front porch. Inside: two-story herringbone tile entry, floor-to-ceiling fieldstone fireplace with live-edge mantel, knotty alder doors and trim throughout, reclaimed railroad tie kitchen island, beadboard cabinetry to the ceiling, wall ovens, wine fridge, drop zone with custom lockers. Octagonal tray ceiling dining room opens via French doors to a cedar tongue-and-groove screened porch with lake views and gas fire table — then to a Brazilian wood deck with grill and breathtaking lake view. Main floor study, dedicated laundry, 9-ft ceilings, 400-amp service, Kinetico water system, cast iron plumbing, whole-home speaker system, 17-zone irrigation. Upstairs, cedar plank ceilings grace every bedroom. Primary suite: vaulted cedar ceiling, lake-view gable window, separate walk-in closets, spa bath with dual vessel sinks, travertine wainscoting, boulder-step soaking tub, and a steam shower with full travertine tile, pebble mosaic floor, body sprays, and glass block wall. Four additional bedrooms, three more baths. Lower level: home theater with projector and screen, fifth bedroom, full bath, concrete safe room, walkout to boulder patio, and in-floor radiant heat throughout — fed by the home's boiler alongside two furnaces, four heat zones, and two AC units.
The attached 3-car garage is finished, insulated, and heated with in-floor radiant. The 8-car detached garage is a fully self-contained facility — its own independent boiler, in-floor radiant, furnace, and AC — completely separate from the home. Sixteen-by-eight doors, 24-ft bays, 10-ft ceilings. Total garage capacity: 11 cars. Above it, 1,310 finished sq ft of professional office space — conference room, executive office, kitchenette, four built-in desks, half bath, private entrance — with strong potential for conversion to guest quarters or an accessory dwelling unit. A 32x18 two-story storage building rounds out the campus. The historic 95x33 barn is in a class of its own — soaring original wood bow trusses, hardwood floors, built-in bar, new standing seam metal roof, and a retrofitted silo bathroom with curved corrugated metal wall, copper vessel sink, granite top, and stone tile floors that has to be seen to be believed. Weddings, proms, pickleball tournaments — this barn has hosted it all. Below: massive cold storage for boats and equipment. Six horses permitted, private dock on the environmental lake, stone firepit, volleyball court, second well that fed the winter skating rink, whole-home generator, and 5+ irrigated acres out back. The buyer for this property isn't looking for perfect — they're looking for extraordinary. This compound has the bones, the infrastructure, the acreage, and the soul that no amount of money can manufacture from scratch. Acreage this close to downtown White Bear Lake is ideal! MUST SEE!

Listing Agent

James Sanchez

White Bear Lake Realty Listed on: 05/30/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,439

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 333x1459x305x1323
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Electric Fence
  • Few Trees

Parking

  • 11 Car Garage
  • Multiple Garages
  • Heated Garage
  • Parking Fee

Home Design

  • Block Foundation
  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Utility Room Floor Drain
  • Heated Floors
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub
  • Steam Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Screened Patio
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Filtration System
  • Well
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Air Exchanger
  • Tillable Land
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • White Oak Fields Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2803121420006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,439

Year Built

Built in 2004

Lot Details

9.88 Acres

Parking

11

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stone, Cement Board
  • Garage Spaces: 11
  • Accessibility Features: Doors 36"+
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 4184
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, In-Floor Heat, Partially Finished, Storage Space, Sump Basket, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Wall Oven, Water Softener Owned, Wine Cooler
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 5231
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1047
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years
  • Fencing: Electric
  • View: East
  • Foundation Details: Block
  • Other Structures: Garage(s), Barn(s), Chicken Coop/Barn, Silo
  • PatioPorchType: Deck, Front Porch, Patio, Porch, Screened, Side Porch, Wrap Around
  • Lake Bottom: Soft
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Detached Garage, Asphalt, Concrete, Floor Drain, Finished Garage, Heated Garage, Multiple Garages, Paved Lot, More Parking Onsite for Fee

Utilities

  • Heating: Forced Air, Fireplace(s), In-Floor Heating
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • LaundryFeatures: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
  • Electric: Circuit Breakers, 200+ Amp Service, Other
  • Fuel: Electric, Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Dock, Exercise Room, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Local Area Network, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Porch, Security Lights, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet

Schools

  • Junior High Dist: Mahtomedi
  • SchoolDistrictPhone: 6514072001

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 333x1459x305x1323
  • Land Lease: No
  • Lot Features: Suitable for Horses, Tillable, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2803121420006
  • Tax Annual Amount: 11439
  • TaxWithAssessments: 11442

Multi Family

  • WaterfrontFeatures: Dock, Lake View, Pond

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,704 $918,200 $249,600 $668,600
2023 $11,442 $876,800 $279,600 $597,200
2022 $9,466 $822,400 $267,500 $554,900
2021 $8,962 $694,700 $222,500 $472,200
2020 $9,050 $674,300 $210,800 $463,500
2019 $9,006 $668,700 $200,800 $467,900
2018 $8,780 $660,000 $210,000 $450,000
2017 $8,686 $655,700 $200,000 $455,700
2016 $8,784 $632,300 $185,300 $447,000
2015 $9,834 $654,700 $185,300 $469,400
2013 -- $542,200 $154,700 $387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2026 05/30/26 For Sale $1,995,000 -- $381 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $225,000 --
Warranty Deed $450,000 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7083780

NorthstarMLS

APN: 28-031-21-42-0006

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