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  • $1,995,000

    7040 132nd St N, Hugo, MN 55038

    5beds
    5,231sqft
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    Single Family
    Built in 2004
    9.89 Acres Lot
    $1,902,600 Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Walkout to boulder patioCovered front porchMain floor studyVolleyball courtLimestone exteriorCedar timber entryFifth bedroom
    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 had his office 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!
    45 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    James Sanchez, GRI 612-741-4349,

    White Bear Lake Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7083780MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 2
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 450 Square Feet
      • Dimensions: 25x18
      Bedroom 2
      • Level: Main
      • Area: 345 Square Feet
      • Dimensions: 23x15
      Bedroom 3
      • Level: Upper
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 4
      • Level: Upper
      • Area: 218.5 Square Feet
      • Dimensions: 19x11.5
      Bedroom 5
      • Level: Lower
      • Area: 240 Square Feet
      • Dimensions: 16x15
      Primary bathroom
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Deck
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 24x12
      Dining room
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Family room
      • Level: Lower
      • Area: 352 Square Feet
      • Dimensions: 22x16
      Foyer
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Garage
      • Level: Main
      • Area: 861 Square Feet
      • Dimensions: 35x24.6
      Garage
      • Level: Main
      • Area: 2462.5 Square Feet
      • Dimensions: 98.5x25
      Kitchen
      • Level: Main
      • Area: 272 Square Feet
      • Dimensions: 17x16
      Laundry
      • Level: Upper
      • Area: 80 Square Feet
      • Dimensions: 10x8
      Living room
      • Level: Main
      • Area: 460 Square Feet
      • Dimensions: 23x20
      Loft
      • Level: Upper
      • Area: 345 Square Feet
      • Dimensions: 23x15
      Mud room
      • Level: Main
      • Area: 151.2 Square Feet
      • Dimensions: 12.6x12
      Office
      • Level: Main
      • Area: 159 Square Feet
      • Dimensions: 15x10.6
      Other
      • Level: Main
      • Area: 36 Square Feet
      • Dimensions: 6x6
      Patio
      • Level: Lower
      • Area: 312 Square Feet
      • Dimensions: 26x12
      Screened porch
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Other
      • Level: Upper
      • Area: 54 Square Feet
      • Dimensions: 9x6
      Utility room
      • Level: Lower
      • Area: 384 Square Feet
      • Dimensions: 32x12
      Walk in closet
      • Level: Main
      • Area: 36 Square Feet
      • Dimensions: 6x6
      Walk in closet
      • Level: Upper
      • Area: 39 Square Feet
      • Dimensions: 6.5x6
      Walk in closet
      • Level: Upper
      • Area: 39 Square Feet
      • Dimensions: 6.5x6
      Walk in closet
      • Area: 35 Square Feet
      • Dimensions: 7x5
      Walk in closet
      • Level: Upper
      • Area: 69 Square Feet
      • Dimensions: 11.5x6
      Walk in closet
      • Level: Lower
      • Area: 36 Square Feet
      • Dimensions: 6x6
      Heating
      • Forced Air, Fireplace(s), In-Floor Heating
      Cooling
      • Central Air
      Appliances
      • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven, Water Softener Owned, Wine Cooler
      • Laundry: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
      Features
      • Basement: Block,Daylight,Egress Window(s),Finished,Full,Partially Finished,Storage Space,Sump Basket,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Gas, Living Room, Stone
      Interior area
      • Total structure area: 5,903
      • Total interior livable area: 5,231 sqft
      • Finished area above ground: 4,184
      • Finished area below ground: 1,047

      Property

      Parking
      • Total spaces: 11
      • Parking features: Attached, Detached Garage, Asphalt, Concrete, Floor Drain, Garage, Heated Garage, Multiple Garages, Paved Lot, More Parking Onsite for Fee
      • Attached garage spaces: 11
      • Details: Garage Dimensions (attached 35x24.6 and detached 98.5x25), Garage Door Height (8), Garage Door Width (16)
      Accessibility
      • Accessibility features: Doors 36"+
      Features
      • Levels: More Than 2 Stories
      • Patio & porch: Deck, Front Porch, Patio, Porch, Screened, Side Porch, Wrap Around
      • Fencing: Electric
      • Has view: Yes
      • View description: East, Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock, Lake View, Pond, Lake Bottom(Soft)
      • Frontage length: Water Frontage: 100
      Lot
      • Size: 9.89 Acres
      • Dimensions: 333 x 1459 x 305 x 1323
      • Features: Suitable for Horses, Tillable, Tree Coverage - Light
      Details
      • Additional structures: Garage(s), Barn(s), Chicken Coop/Barn, Silo
      • Foundation area: 1730
      • Parcel number: 2803121420006
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Frame
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Electric: Circuit Breakers, 200+ Amp Service, Other
      • Gas: Electric, Natural Gas
      • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
      • Water: Well

      Community & HOA

      Community
      • Subdivision: White Oak Fields
      HOA
      • Has HOA: No
      Location
      • Region: Hugo

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $918,200
      • Annual tax amount: $11,439
      • Date on market: 5/30/2026
      • Cumulative days on market: 18 days
      • Road surface type: Paved

        Estimated market value

        $1,902,600

        $1.81M - $2.00M

        $5,488/mo

        Price history

        DateEventPrice
        5/30/2026Listed for sale$1,995,000+2.3%$381/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7083780 Report a problem
        5/30/2026Listing removed$1,950,000$373/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7080636 Report a problem
        5/26/2026Listed for sale$1,950,000+25.8%$373/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7080636 Report a problem
        3/1/2018Listing removed$1,550,000$296/sqft
        Source: Blue Line Real Estate Services #4893984 Report a problem
        11/30/2017Listed for sale$1,550,000+588.9%$296/sqft
        Source: Blue Line Real Estate Services #4893984 Report a problem
        12/11/2002Sold$225,000-50%$43/sqft
        Source: Public Record Report a problem
        8/21/2002Sold$450,000$86/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,442 +12.7%$918,200 +4.7%
        2024$10,150 +4.5%$876,800 +6.6%
        2023$9,712 +2.6%$822,400 +18.4%
        2022$9,466 +5.6%$694,700
        2021$8,962 -1%$694,700 +3.9%
        2020$9,050 $668,700
        2019$9,050 $668,700 +1.3%
        2018$9,050 +0.5%$660,000 +0.7%
        2017$9,006 +2.6%$655,700 +3.7%
        2016$8,780 0%$632,300 -3.4%
        2015$8,784 $654,700 +20.7%
        2013$8,784 +11.1%$542,200 +1.7%
        2012$7,908 $533,200 -2.3%
        2011$7,908 +1.9%$545,600 -11.7%
        2010$7,758 +14.5%$618,100
        2009$6,776 +16.5%--
        2008$5,818 +11.6%--
        2007$5,214 +8.7%--
        2006$4,798 +79.1%--
        2005$2,679 +43.8%--
        2004$1,863 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55038

        Getting around

        0 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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