$1,295,000
PENDING

7396 45th Ave SW Pequot Lakes, MN 56472

Estimated payment $7,322/month

Total Views 1,383
4 Beds
3.5 Baths
3,916 Sq Ft
$331 Price per Sq Ft

Highlights

  • Heated In Ground Pool
  • Main Floor Primary Bedroom
  • Sitting Room
  • 2,088,702 Sq Ft lot
  • No HOA
  • Walk-In Pantry

About This Home

Discover a truly exceptional 47-acre country estate where timeless elegance meets refined country living. This romantic retreat is anchored by a stately 4-bedroom, 4-bath farmhouse, thoughtfully updated and masterfully finished with the finest materials. Inside you will find custom millwork, a gourmet kitchen with high-end appliances and quartz countertops, gas fireplace, a sun-filled dining area, and an expansive primary suite featuring a spa-like bathroom and his and her walk-in closets. Each space is designed to capture pastoral views and invite natural light. A newly completed $350,000 landscaping transformation surrounds the home, enhancing its idyllic setting with curated gardens, stone pathways, and a luxurious in-ground pool—perfectly positioned for privacy and outdoor entertaining. Adding to the estate's character is a new barn with 3-bedroom, 2-bath guest quarters, artfully finished with reclaimed woods, vintage fixtures, and rustic industrial touches. A large pole building with a heated workshop provides flexible utility for hobbies, storage, or equestrian use. Rolling meadows, mature woods, and endless skies complete this one-of-a-kind offering. Whether envisioned as a family compound, boutique B&B, equestrian estate, or corporate retreat, The Oliver Acreage invites you to live a life of purpose, peace, and pastoral beauty.

Listing Agent

Adam Kalenberg

Northland Sotheby's International Realty Listed on: 07/21/2025

Northland Sotheby's International Realty

Co-Listing Agent

Jacqueline Talmo

Northland Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,794

Year Built

  • Built in 2012

Lot Details

  • 47.95 Acre Lot
  • Lot Dimensions are 1317x1566x1325x1603
  • Partially Fenced Property
  • Unpaved Streets

Parking

  • 10 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 3,916 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Brick Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Sitting Room

Kitchen

  • Walk-In Pantry
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Heated In Ground Pool
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Propane
  • Water Filtration System
  • Well
  • Drilled Well
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 170062300

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,794

Year Built

Built in 2012

Lot Details

0

Parking

10

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 10
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Well
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 3916
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Partial, Sump Pump, Unfinished
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Fuel Tank - Owned, Humidifier, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Brick, Free Standing, Gas, Living Room
  • Living Area: 3916
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Mud Room, Sitting Room, Laundry, Pantry (Walk-In), Foyer

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Metal, Pitched
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Partial
  • Other Structures: Barn(s), Bunk House, Pole Building, Workshop
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 884

Utilities

  • Heating: Forced Air, Fireplace(s), Geothermal, Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Security System,Walk-In Closet

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictNumber: 2174
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1317x1566x1325x1603
  • Lot Size Sq Ft: 2088702
  • Land Lease: No
  • Lot Features: Many Trees, Some Trees
  • PastureArea: 8.9
  • Wooded Area: 36.45
  • Additional Parcels: No
  • Zoning Description: Agriculture,Business/Commercial
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 170062300
  • Tax Annual Amount: 5794
  • TaxWithAssessments: 5860.0000

Map

Range of Values:

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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 $5,860 $1,194,700 $220,900 $973,800
2023 $5,670 $1,150,600 $166,400 $984,200
2022 $4,886 $1,150,600 $166,400 $984,200
2021 $5,644 $686,200 $104,500 $581,700
2020 $5,274 $690,600 $104,500 $586,100
2019 $4,992 $633,200 $93,800 $539,400
2018 $5,232 $636,100 $93,100 $543,000
2017 $4,862 $636,100 $93,100 $543,000
2016 $4,914 $0 $0 $0
2015 $4,914 $595,500 $90,600 $504,900
2014 $3,418 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
08/10/2025 08/10/25 Off Market $1,295,000 -- --
07/21/2025 07/21/25 For Sale $1,295,000 -- $331 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $880,000 None Available
Quit Claim Deed -- Noble Escrow & Title Inc
Warranty Deed $300,000 Noble Escrow & Title Inc
Contract Of Sale $300,000 Noble Escrow & Title Inc
Deed $880,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $245,000 Future Advance Clause Open End Mortgage
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $130,000 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6758371

NorthstarMLS

APN: 17-006-2300