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  • $5,500,000

    14720 Old Highway 14, Waseca, MN 56093

    6beds
    11,009sqft
    : 
    $39,675/mo
    Get pre-qualified
    Single Family
    Built in 2004
    75.48 Acres Lot
    $-- Zestimate®
    $500/sqft
    $-- HOA

    What's special

    Fenced paddocksPrivate gymnasiumCommercial style catering kitchenSix bedroomsHandcrafted cherry millworkPassenger elevatorIntegrated security systems
    Calonett has never been offered for sale. Set on 75 private acres in Waseca, Minnesota, Calonett is one of the Midwest's most remarkable equestrian estates. The property features an 11,000 square foot luxury residence, a heated horse barn with finished living quarters, fenced paddocks, open pasture, and a private six acre stocked pond surrounded by mature trees. Offered publicly for the first time, this extraordinary horse property represents a rare opportunity to own one of Minnesota's premier equestrian farms. For nearly four decades, Calonett was home to Walter Mishek, founder of The Arabian Horse Times. What began in a room above his family's garage in Waseca became the publication of record for the Arabian horse industry. As the magazine grew, so did the estate. The horses and the home evolved together, creating a property where every decision reflects a lifetime devoted to the Arabian breed. The approach sets the tone. A long private drive winds past the pond, with mature trees to one side and rolling pasture to the other, before revealing the residence. Built without compromise, the home showcases Brazilian onyx, handcrafted cherry millwork, and a custom bar beneath mirror finished walls and ceiling. The primary suite lives as a private residence within the home, overlooking the water through a wall of windows. Separate his and hers dressing rooms, a private laundry, and generous living space create a true owner's retreat. Throughout the home are six bedrooms, nine bathrooms, two executive offices, a private gymnasium, a lounge, a sunroom, four separate laundry rooms, and a temperature controlled cold storage room, ideal for wine, furs, seasonal storage, or preserving collectibles. Designed for entertaining on a grand scale, a substantial lower level expansion completed in 2023 introduced an impressive gathering room alongside a commercial style catering kitchen. Behind the scenes, the home's infrastructure is equally exceptional, featuring a passenger elevator, whole house backup generator, zoned in floor radiant heat, and integrated security systems. The heated horse barn offers finished living quarters creating flexibility for guests, trainers, caretakers, or an evolving breeding and training operation. While currently configured for horses, the estate barn is equally compelling as a home for a distinguished automobile collection, specialty vehicles, recreational equipment, creative workshops, or future custom amenities. Like the estate itself, it was built to accommodate both grand ambitions and everyday enjoyment. Yet the defining feature of Calonett is not found in its finishes or amenities. It is the quiet. Morning fog rises from the private pond while horses graze in the nearby paddocks. The only sounds are birds, wind through the trees, and the rhythm of the farm. It is a place built for horses, designed for entertaining, and meant to be experienced. Located in Waseca County in southern Minnesota, Calonett is approximately one hour from Rochester and 30 mins to Mankato, and about seventy minutes from Minneapolis, Saint Paul, and Minneapolis Saint Paul International Airport. This luxury horse farm and private equestrian estate is offered for sale publicly for the very first time, presenting an exceptional opportunity for buyers seeking luxury acreage, equestrian property, or legacy estate in Minnesota.
    76 days
    966
    28

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Kalina 507-269-6439,

    Lakes Sotheby's International Realty,

    Katrina Pulham 507-696-7850

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097563MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 2
      • 3/4 bathrooms: 4
      • 1/2 bathrooms: 1
      • 1/4 bathrooms: 2
      Bedroom
      • Level: Main
      • Area: 399 Square Feet
      • Dimensions: 21x19
      Bedroom 2
      • Level: Lower
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 3
      • Level: Lower
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 4
      • Level: Lower
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Primary bathroom
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Other
      • Level: Main
      • Area: 625 Square Feet
      • Dimensions: 25x25
      Exercise room
      • Level: Lower
      • Area: 240 Square Feet
      • Dimensions: 20x12
      Game room
      • Level: Lower
      • Area: 400 Square Feet
      • Dimensions: 20x20
      Kitchen
      • Level: Main
      • Area: 300 Square Feet
      • Dimensions: 20x15
      Kitchen 2nd
      • Level: Lower
      • Area: 300 Square Feet
      • Dimensions: 20x15
      Laundry
      • Level: Main
      • Area: 24 Square Feet
      • Dimensions: 06x04
      Laundry
      • Level: Lower
      • Area: 80 Square Feet
      • Dimensions: 10x08
      Living room
      • Level: Main
      • Area: 738 Square Feet
      • Dimensions: 41x18
      Media room
      • Level: Lower
      • Area: 240 Square Feet
      • Dimensions: 20x12
      Other
      • Level: Lower
      • Area: 80 Square Feet
      • Dimensions: 10x08
      Storage
      • Level: Lower
      • Area: 50 Square Feet
      • Dimensions: 10x05
      Storage
      • Level: Lower
      • Area: 50 Square Feet
      • Dimensions: 10x05
      Study
      • Level: Lower
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Study
      • Level: Lower
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Walk in closet
      • Level: Main
      • Area: 126 Square Feet
      • Dimensions: 21x06
      Walk in closet
      • Level: Main
      • Area: 60 Square Feet
      • Dimensions: 10x06
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Osmosis System, Microwave, Other, Range, Refrigerator, Stainless Steel Appliance(s), Wine Cooler
      • Laundry: In Basement, Gas Dryer Hookup, Laundry Closet, Lower Level, Laundry Room, Main Level, Other, Washer Hookup
      Features
      • Basement: Daylight,Full,Other,Storage Space
      • Number of fireplaces: 5
      • Fireplace features: Gas
      Interior area
      • Total structure area: 11,009
      • Total interior livable area: 11,009 sqft
      • Finished area above ground: 5,829
      • Finished area below ground: 5,180

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached, Detached Garage
      • Attached garage spaces: 6
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio
      Lot
      • Size: 75.48 Acres
      • Features: Suitable for Horses
      Details
      • Additional structures: Barn(s), Other
      • Foundation area: 5180
      • Additional parcels included: 120160200
      • Parcel number: 120160300
      • Zoning description: Other,Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Septic System Compliant - Yes
      • Water: Well

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Waseca

      Financial & listing details

      • Price per square foot: $500/sqft
      • Tax assessed value: $89,500
      • Annual tax amount: $17,002
      • Date on market: 7/25/2026
      • Road surface type: Unimproved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/25/2026Listed for sale$5,500,000+3135.3%$500/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7097563 Report a problem
        7/20/2015Listing removed$170,000$15/sqft
        Source: Action Realty #88-5218 Report a problem
        7/10/2015Listed for sale$170,000$15/sqft
        Source: Action Realty #88-5218 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$668 -5.9%$89,500 +5.2%
        2024$709 +49.7%$85,100 -4.3%
        2023$474 +17.3%$88,900 +116.3%
        2022$404 -0.5%$41,100
        2021$406 -20.4%$41,100 -48%
        2020$510 +100%$79,100
        2019$255 -50.8%$79,100
        2018$518 +97.7%$79,100 +57.3%
        2017$262 $50,300 -3.8%
        2016-- $52,300
        2015-- $52,300 +34.1%
        2012-- $39,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 56093

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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