Lori Gustafson

7397 Old Mill Road

Hugo, MN
$ 1,750,000 Beds 5 Baths 4 Sq 5,158
Monthly Estimate* How much can I afford?

Welcome to an exceptional lakefront retreat offering 5.78 acres of privacy, recreation, and resort-style living on the shores of Peltier Lake. This beautifully designed 5-bedroom, 4-bath rambler combines true main-level living with an expansive layout and impressive indoor-outdoor entertaining spaces. Large windows showcase peaceful lake and acreage views while filling the home with natural light. Step outside to your own backyard oasis featuring a private in-ground swimming pool and relaxing hot tub—perfect for enjoying Minnesota summers and crisp evenings under the stars. Nearly six acres provide incredible space to roam, unwind, and enjoy the waterfront setting. The attached heated garage adds year-round convenience and includes a dedicated electric vehicle charger. A separate detached outbuilding offers substantial additional space for boats, trailers, recreational equipment, storage, or a home gym. With lakefront access, acreage, exceptional amenities, and room to spread out, this property delivers a rare combination of privacy and lifestyle. Come experience everything this Peltier Lake estate has to offer. Amazing sunset views!!

Single Family

  • Price
  • $ 1,750,000
  • City
  • Hugo
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • ANOKA
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 5.78 Acres
  • Zip
  • 55038
  • Sqr Footage
  • 5,158
  • Year Built
  • 1976
  • Taxes
  • $ 16907
  • Style
  • Single Family
  • MLS#
  • 7147667
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5158
Sewer City Sewer/Connected
Heating Boiler,Fireplace(s),In-Floor Heating
Cooling Central Air,Ductless Mini-Split
Appliances Air-To-Air Exchanger,Central Vacuum,Chandelier,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Freezer,Gas Water Heater,Water Filtration System,Microwave,Ra
Garage Spaces 3
Pool Features Below Ground,Heated
Construction Materials Block,Brick,Concrete,Frame
Year Built 1976
Electric Circuit Breakers,200+ Amp Service
View Lake,Panoramic,West
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Anoka
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Garage(s),Hen House,Hot Tub
Full Baths 2
Directions I-35E N Follow I-35E N to Main St in Lino Lakes. Take exit 123B from I-35E N Continue on Main St. Take 20th Ave N and 73rd St to Peltier Lake Dr
City Hugo
High School District Centennial
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 16907
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Vaulted Ceiling(s)
PostalCity Hugo

Interior Features

Basement Block,Daylight/Lookout Windows,Finished,Full,In-Floor Heat,Kitchenette,Sump Basket,Sump Pump,Walkout
Total Fireplaces 2
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3282
Half Baths 1
1/4 Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1876
Total Baths 5
Bath Desc Two Basement Baths,3/4 Primary,Full Basement,Main Floor 1/2 Bath
Dining Room Description Breakfast Bar,Breakfast Area,Eat In Kitchen,Kitchen/Dining Room,Living/Dining Room
Foundation Dimensions 60x92
Fuel Natural Gas
Garage Dimensions 25'4'' x 32'3''
Garage Door Width 8
Garage Square Feet 800
Waterfront Feet 274

Exterior Features

Fencing None
Parking Features Attached Garage,Covered,Detached Garage,Asphalt,Electric,Electric Vehicle Charging Station(s),Floor Drain,Finished Garage,Garage Door Opener,Guest Parking,Heated Garage,Insulated Garage,Multiple Gara
Water Source City Water/Connected
Lot Size Area 5.78
Building Area Total 5158
Lot Dimensions 274x660x68x184x200x354x
Waterfront Y/N Yes
Foundation Area 3282

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
Adjust Payment Options
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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

9/21/2026 Listed $1,750,000

Property vs Zip Code Average in 55038

Price
AVG $720K
$1.75M
Taxes
AVG $5,538
$16,907
Year Built
AVG 2012
1976
Visits
AVG 162
5
Data Provided by Inside Real Estate®

Areas That We Cover

7397 Old Mill Road Hugo, MN is a Single Family Home for sale at $1750000 with 5158 sqft and a lot size of 5.78 Acres Acre(s). 7397 Old Mill Road Hugo has 5 bedrooms, 3 baths and was built in 1976. The property's zip code is 55038 which is in Hugo, 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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