14720 Old Highway 14

Waseca, MN
$ 5,500,000 Beds 6 Baths 7.5 Sq 11,009
Monthly Estimate* How much can I afford?

Calonett has never been offered for sale. Set on 75 private acres in Waseca, Minnesota, Calonett is one of the Midwest's most remarkable equestrian estates. The property features an 11,000 square foot luxury residence, a heated horse barn with finished living quarters, fenced paddocks, open pasture, and a private six acre stocked pond surrounded by mature trees. Offered publicly for the first time, this extraordinary horse property represents a rare opportunity to own one of Minnesota's premier equestrian farms. For nearly four decades, Calonett was home to Walter Mishek, founder of The Arabian Horse Times. What began in a room above his family's garage in Waseca became the publication of record for the Arabian horse industry. As the magazine grew, so did the estate. The horses and the home evolved together, creating a property where every decision reflects a lifetime devoted to the Arabian breed. The approach sets the tone. A long private drive winds past the pond, with mature trees to one side and rolling pasture to the other, before revealing the residence. Built without compromise, the home showcases Brazilian onyx, handcrafted cherry millwork, and a custom bar beneath mirror finished walls and ceiling. The primary suite lives as a private residence within the home, overlooking the water through a wall of windows. Separate his and hers dressing rooms, a private laundry, and generous living space create a true owner's retreat. Throughout the home are six bedrooms, nine bathrooms, two executive offices, a private gymnasium, a lounge, a sunroom, four separate laundry rooms, and a temperature controlled cold storage room, ideal for wine, furs, seasonal storage, or preserving collectibles. Designed for entertaining on a grand scale, a substantial lower level expansion completed in 2023 introduced an impressive gathering room alongside a commercial style catering kitchen. Behind the scenes, the home's infrastructure is equally exceptional, featuring a passenger elevator, whole house backup generator, zoned in floor radiant heat, and integrated security systems. The heated horse barn offers finished living quarters creating flexibility for guests, trainers, caretakers, or an evolving breeding and training operation. While currently configured for horses, the estate barn is equally compelling as a home for a distinguished automobile collection, specialty vehicles, recreational equipment, creative workshops, or future custom amenities. Like the estate itself, it was built to accommodate both grand ambitions and everyday enjoyment. Yet the defining feature of Calonett is not found in its finishes or amenities. It is the quiet. Morning fog rises from the private pond while horses graze in the nearby paddocks. The only sounds are birds, wind through the trees, and the rhythm of the farm. It is a place built for horses, designed for entertaining, and meant to be experienced. Located in Waseca County in southern Minnesota, Calonett is approximately one hour from Rochester and 30 mins to Mankato, and about seventy minutes from Minneapolis, Saint Paul, and Minneapolis Saint Paul International Airport. This luxury horse farm and private equestrian estate is offered for sale publicly for the very first time, presenting an exceptional opportunity for buyers seeking luxury acreage, equestrian property, or legacy estate in Minnesota.

Single Family

  • Price
  • $ 5,500,000
  • City
  • Waseca
  • Bedrooms
  • 6
  • Full Bathrooms
  • 6
  • County
  • WASECA
  • Half Bathrooms
  • 3
  • Area
  • Lot Size
  • 75.48 Acres
  • Zip
  • 56093
  • Sqr Footage
  • 11,009
  • Year Built
  • 2004
  • Taxes
  • $ 17002
  • Style
  • Single Family
  • MLS#
  • 7097563
Listed By: Lakes Sotheby's International Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 11009
Sewer Septic System Compliant - Yes
Heating Forced Air
Cooling Central Air
Appliances Chandelier,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Freezer,Water Osmosis System,Microwave,Other,Range,Refrigerator,Stainless Steel Appliances,Wine Cooler
Garage Spaces 6
Year Built 2004
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 120160200
County Waseca
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Barn(s),Other
Full Baths 2
Directions Take US Hwy 14 to the Old US 14/County Rd 4 exit,then follow Old US 14 to 14720 Old US 14. Access only via the driveway off Old US 14. Do not use the 150th St entrance,as GPS often routes drivers the
City Waseca
High School District Waseca
Zoning Description Other,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 17002
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Other,Patio,Panoramic Vi
PostalCity Waseca

Interior Features

Basement Daylight/Lookout Windows,Full,In-Floor Heat,Other,Storage Space
Total Fireplaces 5
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 5829
Half Baths 1
1/4 Baths 2
3/4 Baths 4
Laundry Features In Basement,Gas Dryer Hookup,Laundry Closet,Lower Level,Laundry Room,Main Level,Other,Washer Hookup
Total Bedrooms 6
Below Grade Finished Area 5180
Total Baths 9
Bath Desc Full Primary,Private Primary,Separate Tub & Shower,Walk-In Shower Stall
Dining Room Description Breakfast Bar,Kitchen/Dining Room,Living/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 1706

Exterior Features

Parking Features Attached Garage,Detached Garage
Lot Features Suitable for Horses
Water Source Well
Lot Size Area 75.48
Building Area Total 11009
Lot Dimensions irregular
Waterfront Y/N No
Foundation Area 5180
Road Frontage Type City Street,County Road,Unpaved Streets
Pasture Area 6.3
Road Responsibility Public 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 Woodbury, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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

7/25/2026 Listed $5,500,000

Property vs Zip Code Average in 56093

Price
AVG $580K
$5.5M
Taxes
AVG $3,556
$17,002
Year Built
AVG 1945
2004
Visits
AVG 49
64
Data Provided by Inside Real Estate®

Areas That We Cover

14720 Old Highway 14 Waseca, MN is a Single Family Home for sale at $5500000 with 11009 sqft and a lot size of 75.48 Acres Acre(s). 14720 Old Highway 14 Waseca has 6 bedrooms, 6 baths and was built in 2004. The property's zip code is 56093 which is in Waseca, 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.