For Sale: Kathio Twp MLS# 6815811
Active
$2,750,000
Commercial: 2 Stories
Built 1935
1.76 acres
Onamia schools
MLS# 6815811
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Property Description
Thoughtfully presenting, Stone House on the Lake, a timepiece estate and carriage house sitting on 1.76 acres, with more than 400 feet of shoreline on Mille Lacs Lake.
The amount of history and craftsmanship that went into creating this estate, is so phenomenal and rare to find. The home's stone exterior was hand-masoned from stones pulled up from the lake itself. From the 100+ "heart" stones that were carefully hidden around the exterior, to the history of this property being the very first off-site bank record storage location during the Cold War, featuring 3' thick solid foundation walls, bomb-proof hidden vault, and gun-proof windows in the basement - now turned wine cellar - this estate has such rich character.
This property features an expansive, structurally engineered lakeside patio and fire-pit that are designed to host many guests, events, and withstand the beauty of the lake's powerful waves.
If you're looking for an iconic home, or a commercial/rental opportunity, this gem of a home comes with an established commercial Airbnb and VRBO business presence, and lengthy 5-star reviewed guest book. This home has hosted weddings, anniversaries, and award-winning tournament fishing teams/families.
Inside features that you won't be able to replicate include: vaulted and hand-carved beam ceilings, original stone fireplaces, original restored French windows, original pegged oak hardwood floors, high-end commercial-grade kitchen appliances, French doors, and custom finishes that were curated across the world.
The primary suite is its own entire haven - featuring its own wood-burning fireplace, and an absolutely jaw-dropping ensuite bathroom that leads you through to a private workout or flex room, and primary laundry. Cozy up in the family cabin room, spread out in the upper level bunk room, or host events in the many outdoor gardens.
The carriage house or guest house works perfect as an office or studio with a bathroom, gathering spaces on two levels, laundry, an extra garage space and garden storage. This separate additional dwelling unit offers potential for it's new owner to have onsite home or health care, rental income, or just an additional space for entertaining guests during their stays.
The attached oversized attached 3-car garage is perfect for storing cars, boats, and toys.
Mille Lacs is not only one of Minnesota's largest lakes with 132, 500-acres, stocked with the trophy-size fish, and has a history of hosting renowned fishing tournaments and people who travel nationwide to compete and spend both winters and summers here. Bassmaster named Mille Lacs Lake in their top 10 calling it a “small mouth paradise”. Walleye, muskie and northern pike are also on their top species category.
This is the type of home that stays passed down within your family for many generations, and doesn't come available to the market. The current owners have taken pride in how much love, care, and restoration has gone into this property over the past 40+ years.
This is a once in a lifetime opportunity, a once in a lifetime estate, and truly one of the most special pieces of history that cannot be replicated in Minnesota.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,750,000
Property Type:
Commercial
City:
Kathio Twp
Garage Spaces:
4
County:
Mille Lacs
Year Built:
1935
State:
MN
Property Style:
2 Stories
Zip Code:
56359
Interior
Ceiling Height:
Varied Heights
Ranges:
One
Refrigerators:
Three
Appliances Included:
- Air-To-Air Exchanger
- Dishwasher
- Dryer
- ENERGY STAR Qualified Appliances
- Electric Water Heater
- Electronic Air Filter
- Exhaust Fan
- Freezer
- Fuel Tank - Owned
- Humidifier
- Microwave
- Other
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
- Water Softener Owned
- Wine Cooler
Basement Details:
- Concrete
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Other
- Storage Space
- Storage/Locker
- Sump Basket
- Sump Pump
- Walkout
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
1,471 ft2
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,856 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
- Detached
- Floor Drain
- Garage Door Opener
- Multiple Garages
- Storage
Shared Amenities:
- Common Garden
- Dock
- In-Ground Sprinkler System
- Patio
- Porch
Unit Amenities:
- Ceiling Fan(s)
- Dock
- Exercise Room
- French Doors
- Hardwood Floors
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
- Other
- Paneled Doors
- Panoramic View
- Patio
- Primary Bedroom Walk-In Closet
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
- Wet Bar
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Brick/Stone
- Stucco
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
- Pitched
Rooms
Shared Rooms:
- Club House
- Guest Suite
- Other
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Mille Lacs
Waterfront View:
East, North, Panoramic
DNR Lake ID#:
48000200
WF Frontage:
402
Elev Highpt to WF feet:
10-15
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
128250
Lake Depth:
42
Waterfront:
Lake Front
Lake Bottom:
- Excellent Sand
- Hard
- Rocky
- Sand
Lot & Land
Acres:
1.76
Geolocation:
46.131075, -93.68405
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Rental License
Lot Dimensions:
See Parcel Maps
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Irregular Lot
- Some Trees
Farm
Topography:
Level
Schools
School District:
480
District Phone:
320-532-4174
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,014
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,014
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Event Space
- Recreational
- Residential
- Resort
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
Septic System Compliant - Yes
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
- Lake Water
- Private
- Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.