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$5,500,000
14720 Old Highway 14
Waseca, MN 56093
MLS# 7097563
6 beds | 9 baths | 11009 sqft
Property DescriptionCalonett 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.
Status: Active
Contingency: None
Current Price: 5500000
Original List Price: 5500000
ListPrice: 5500000
List Date: 2026-07-24
Owner is an Agent?: No
Auction?: No
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: 5
Waterfront YN: No
Year Built: 2004
Yearly/Seasonal: Yearly
Zoning: Other, Residential-Single Family
Bedrooms: 6
Baths Total: 9
Bath Full: 2
Bath Three Quarters: 4
Bath Half: 1
Main Floor Total SqFt: 5829
Above Grd Total SqFt: 5829
Below Grd Total SqFt: 5180
Total SqFt: 11009
Total Finished Sqft: 11009.00
FireplaceYN: Yes
Bath Quarter: 2
Style: (SF) Single Family
Foundation Size: 5180
Garage Stalls: 6
Lot Dimensions: irregular
Acres: 75.48
Assessment Pending: Unknown
House Number: 14720
Street Name: Old Highway 14
Postal City: Waseca
County: Waseca
Property ID #2: 120160200
Tax With Assessments: 17002
Finished SqFt Above Ground: 5829
Finished SqFt Below Ground: 5180
Land Leased: Not Applicable
Air Conditioning: Central Air
Amenities Unit: Ceiling Fan(s); Deck; Exercise Room; French Doors; Hardwood Floors; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar; Other
Appliances: Chandelier; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Water Osmosis System; Wine Cooler; Other
Assumable Loan: Not Assumable
Basement: Full; In-Floor Heat; Storage Space; Other
Bath Description: Full Primary; Private Primary; Separate Tub & Shower; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Breakfast Bar; Kitchen/Dining Room; Living/Dining Room; Separate/Formal Dining Room
Family Room Characteristics: 2 or More; Entertainment/Media Center; Family Room; Lower Level; Main Level
Fireplace Characteristics: Gas Burning
Foundation: Poured Concrete
Laundry: Gas Dryer Hookup; In Basement; Laundry Closet; Laundry Room; Lower Level; Main Level; Other; Washer Hookup
Lot Description: Suitable for Horses
Outbuildings: Barn(s); Other
Property Subtype: Acreage
Road Frontage: City Street; County Road; Unpaved Streets
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Conventional; Other
Sewer: Septic System Compliant - Yes
Special Search: 3 BR on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite
| Room Name | Dimensions | Level |
| Bar/Wet Bar Room | 25x25 | Main |
| Exercise Room | 20x12 | Lower |
| First (1st) Bedroom | 21x19 | Main |
| Fourth (4th) Bedroom | 15x12 | Lower |
| Game Room | 20x20 | Lower |
| Kitchen | 20x15 | Main |
| Second Kitchen | 20x15 | Lower |
| Laundry | 06x04 | Main |
| Laundry | 10x08 | Lower |
| Living Room | 41x18 | Main |
| Primary Bath | 15x12 | Main |
| Media Room | 20x12 | Lower |
| Other | 10x08 | Lower |
| Second (2nd) Bedroom | 15x12 | Lower |
| Third (3rd) Bedroom | 15x12 | Lower |
| Storage Room | 10x05 | Lower |
| Storage Room | 10x05 | Lower |
Listing Office: Lakes Sotheby's International Realty
Last Updated: September - 29 - 2026

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Thursday 8th of October 2026 02:33 AM