Listed at
$5,500,000
$500/sqft

14720 Old Highway 14

14720 Old Highway 14, Waseca, MN, 56093
6  Bedrooms9  Bathrooms11,009  Square Feet75.48  Acres
Days on market66
Year built2004
Garage spaces6
TypeResidential
Est. $162,000buyer credit when you buy with SODL
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About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2004
LevelsOne
Living area11,009 sqft
Above-grade finished5,829 sqft
Below-grade finished5,180 sqft
Lot size75.48 acres (irregular)
Days on market66
ListedJul 24, 2026
MLS #NST7097563
CountyWaseca
Parcel #120160300

Facts & features

Interior

Bedrooms
6
Bathrooms
9
Bath breakdown
2 full / 4 3/4 / 1 half / 2 1/4
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

Property

Levels / stories
One
Garage
6 spaces · 1,706 sqft
Parking features
Attached Garage, Detached Garage
Patio & porch
Deck, Patio
Exterior features
Stone
Other structures
Barn(s), Other

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Poured Concrete · 5,180 sqft
Year built
2004

Utilities

Water
Well
Sewer
Septic System Compliant - Yes
Fuel
Natural Gas

Community & HOA

HOA
No HOA
School district
829 - Waseca
High school district
Waseca

Financial & listing details

Annual tax
$17,002 (2026)
Listed
Jul 24, 2026
Days on market
66
Manufactured home
Yes

Interior details

Total bathrooms9
Full baths2
3/4 baths4
Half baths1
1/4 baths2
BasementDaylight/Lookout Windows, Full, In-Floor Heat, Other, Storage Space
HeatingForced Air
CoolingCentral Air
Fireplaces5
LaundryIn Basement, Gas Dryer Hookup, Laundry Closet, Lower Level, Laundry Room, Main Level, Other, Washer Hookup
AppliancesChandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Osmosis System, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Wine Cooler
DiningBreakfast Bar, Kitchen/Dining Room, Living/Dining Room, Separate/Formal Dining Room
AmenitiesCeiling 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 View, Security System, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Wet Bar, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone
FoundationPoured Concrete
Foundation area5,180 sqft
Patio/porchDeck, Patio
Lot featuresSuitable for Horses
Road frontageCity Street, County Road, Unpaved Streets
Road responsibilityPublic Maintained Road
ZoningOther,Residential-Single Family

Utilities

Water sourceWell
SewerSeptic System Compliant - Yes
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Detached Garage
Garage spaces6
Garage size1,706 sqft

Financial details

Annual taxes$17,002
Tax year2026
Taxes w/ assessments17002
Assessment pendingUnknown
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District829 - Waseca
District number829
District phone5078352500
High schoolWaseca
SODL flat fee brokerage
$162,000Estimated buyer credit
SODL platform fee $3,000Your buyer credit $162,000

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$32,155/mo
Principal & interest$28,905
Property taxes$1,417
Home insurance (est.)$1,833
%
$1,100,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

14720 Old Highway 14, Waseca, MN, 56093

Listing information

MLS #NST7097563
StatusActive
Last updatedSep 29, 2026, 10:10 AM
Originally listedJul 24, 2026, 8:44 PM
Listing officeLakes Sotheby's International Realty
Co-listing officeLakes Sotheby's International Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.