7397 Old Mill RoadHugo, MN 55038
$1.499999 million
5 bedrooms · 4 bathrooms · 5,158 finished sq ft · 5.78 acre lot
About this home
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!!
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1976
- Bedrooms
- 5
- Bathrooms
- 4
- Finished sq ft
- 5,158
- Lot
- 5.78 acres
- Garage
- 3 stalls
- Basement
- Walk-Out Access, Block, Finished, Full, Sump Pump, Daylight
- Heating
- Natural Gas, Fireplace(s)
- Cooling
- Central Air, Ductless
- Property taxes
- $16,907 a year
- Listed
- October 9, 2026
- MLS number
- 7157948
Listing courtesy of Coldwell Banker Realty (The Leonhardt Team). MLS #7157948.
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How it compares
7397 Old Mill Road, Hugo, MN 55038 is a 5-bedroom single-family home built in 1976 on Peltier Lake, listed for $1.499999 million on October 9, 2026 by Coldwell Banker Realty. That is in the upper quarter of the 11 single-family homes for sale in Centerville right now (median $360,000; $291 per square foot here against $219 for the group). That works out to $291 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Centerville community guideSchools, commutes, parks, home values and local stories.
- Peltier LakeLake facts from the Minnesota DNR, access and every lakefront home for sale.
- Centerville housing market, September 2026Homes sold for a median $440,900 over 12 months (+13.9%), 47 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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