Lori Gustafson

36003 Schaller Lane

Pequot Lakes, MN
$ 5,000,000 Beds 2 Baths 1 Sq 1,000
Monthly Estimate* How much can I afford?

Spanning more than 25 acres with approximately 627 feet of shoreline on Lower Whitefish Lake, this property presents a rare opportunity to create a legacy retreat in one of northern Minnesota’s most coveted lake destinations. While the property includes existing cabins, the true value lies in the exceptional land, expansive shoreline, and remarkable potential for future development. Whether envisioning a private estate or a multigenerational retreat, the setting provides a rare canvas for new construction on the Whitefish Chain. Set along a clear, sandy shoreline and known for exceptional water clarity and premier fishing, Lower Whitefish Lake offers a lifestyle shaped by both recreation and quiet immersion in nature, with opportunities for boating, swimming, and angling for walleye, northern pike, and bass. The land unfolds with a richly layered landscape of mature aspen, birch, oak, sugar and red maple, alongside white and red pine, balsam fir, and spruce, creating a dynamic backdrop that evolves with the seasons while supporting abundant wildlife. With its significant acreage, extensive shoreline, and unparalleled privacy, this property offers a foundation for a truly extraordinary future vision. Opportunities of this scale on the Whitefish Chain are increasingly rare, offering a lasting setting for generations to enjoy.

Single Family

  • Price
  • $ 5,000,000
  • City
  • Pequot Lakes
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • CROW WING
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 25.65 Acres
  • Zip
  • 56472
  • Sqr Footage
  • 1,000
  • Year Built
  • 1960
  • Taxes
  • $ 11149
  • Style
  • Single Family
  • MLS#
  • 7092233
Listed By: Engel & Volkers Minneapolis Downtown
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1000
Sewer Private Sewer
Heating Fireplace(s)
Cooling None
Roof Metal
Appliances Microwave,Range,Refrigerator
Garage Spaces 1
Pool Features None
Year Built 1960
View Lake,North,Panoramic,West
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Crow Wing
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Guest House,Lean-To,Storage Shed
Directions 94W towards St. Cloud,merge onto MN-15 N. Merge onto US-10 W/Great River Rd. Continue on MN-371 N. Drive to Schaller Rd in Ideal Township. Turn left onto Schaller Rd.
City Pequot Lakes
High School District Pequot Lakes
Zoning Description Shoreline,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 11149
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Kitchen Window,Main Floor Primary Bedroom
PostalCity Pequot Lakes

Interior Features

Basement Block,Crawl Space
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1000
3/4 Baths 1
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Kitchen/Dining Room,Living/Dining Room
Fuel Wood
Garage Square Feet 848
Waterfront Feet 635

Exterior Features

Fencing None
Parking Features Gravel
Lot Features Tree Coverage - Heavy
Water Source Well
Lot Size Area 25.65
Building Area Total 1000
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 6040
Road Frontage Type Private Road
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/15/2026 Listed $5,000,000

Property vs Zip Code Average in 56472

Price
AVG $660K
$5M
Taxes
AVG $2,564
$11,149
Year Built
AVG 2003
1960
Visits
AVG 82
69
Data Provided by Inside Real Estate®

Areas That We Cover

36003 Schaller Lane Pequot Lakes, MN is a Single Family Home for sale at $5000000 with 1000 sqft and a lot size of 25.65 Acres Acre(s). 36003 Schaller Lane Pequot Lakes has 2 bedrooms, 1 baths and was built in 1960. The property's zip code is 56472 which is in Pequot Lakes, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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