14720 Old Highway 14 Waseca, MN 56093

$5,500,000
Active
estimated monthly payment
6 Beds  |  9 Baths  |  11,009 Sq Ft  |  Single Family  |  MLS # 7097563
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    Main House
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About The Listing

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.


Listing courtesy of Michelle Kalina, Lakes Sotheby's International Realty
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 2004
MLS #: 7097563
Bedrooms: 6
Square Feet: 11,009
Bathrooms (Full): 2
Price Per Square Foot: $500
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 4
Garage Spaces: 6
Parking Description: Attached Garage, Detached Garage
Sewer Description: Septic System Compliant - Yes
Air Conditioning Type: Central Air
Water: Well
Heat Type: Forced Air
Basement: Daylight/Lookout Windows, Full, In-Floor Heat, Other, Storage Space
Foundation Type: Poured Concrete
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 09/29/2026
List Date: 07/24/2026
Listing Agent ID: 502051159
Listing Office: Lakes Sotheby's International Realty
Listing Office ID: 26401
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Osmosis System, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Wine Cooler
Fireplace Features: Gas
Laundry Features: In Basement, Gas Dryer Hookup, Laundry Closet, Lower Level, Laundry Room, Main Level, Other, Washer Hookup
Number of Fireplaces: 5
Exterior Features: Stone
Lot Size: 75.48 Acres
Lot Features: Suitable for Horses
School District: Waseca
Tax Year: 2026
Estimated Taxes: $17,002
Contingency Type: None
City: Waseca
Zip: 56093
County: Waseca
State: MN
Listing last updated: 09/29/26

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