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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!!

  • Bedrooms
    5
  • Bathrooms
    2
  • Year Built
    1976
  • Stories
    1.0
  • Construction Materials
    Frame, Cement Siding, Brick, Block, Concrete
  • Foundation
    Block
  • Garage Spaces
    3.0
  • Parking Features
    Attached, Garage Door Opener, Asphalt, Garage, Covered, Storage, Guest, Heated Garage, Electric Vehicle Charging Station(s)
  • Living Area
    5158.0
  • Interior Features
    Eat-in Kitchen, Walk-In Closet(s), Vaulted Ceiling(s), Kitchen Island, Central Vacuum, Breakfast Bar, Chandelier
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Disposal, Cooktop, Oven, Freezer, Water Softener Owned, Double Oven, Gas Water Heater, Stainless Steel Appliance(s), Exhaust Fan, ENERGY STAR Qualified Appliances, Water Purifier
  • Patio And Porch
    Patio, Deck, Side Porch, Awning(s)
  • Pool Features
    Heated
  • Cooling
    Ductless, Central Air
  • Heating
    Fireplace(s), Natural Gas
  • Basement
    Finished, Full, Walk-Out Access, Daylight, Sump Pump, Block

  • Acres
    5.78
  • Lot Features
    Waterfront
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • View
    Lake, Panoramic
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 7397 Mill Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 7397 Mill Rd.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 7397 Mill Rd?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 2 bath, listed for $1,499,999. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Centerville, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 7397 Mill Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 7397 Mill Rd at around $9,542. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 7397 Mill Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Anoka County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 7397 Mill Rd?

In most cases, yes. Whether 7397 Mill Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Centerville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 7397 Mill Rd?

We can handle that for you. Our preferred local agent specializes in residentials in Centerville and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,499,999 with 5,158 sqft of space—that comes out to approximately $291 per square foot.

How long has this property been on the market?

7397 Mill Rd was listed on October 09, 2026, which means it's been on the market for 28 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1976, making it approximately 50 years old.

What is the lot size of this property?

7397 Mill Rd sits on a 5.78-acre lot, which is 251,777 square feet.

What are the property taxes for 7397 Mill Rd?

The most recent public record shows annual property taxes for 7397 Mill Rd were approximately $16,907. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 7397 Mill Rd still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 06, 2026 at 03:24PM. 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.

Last Updated: November 06, 2026 at 03:24PM | Source: NorthstarMLS | MLS#: 7157948

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