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About This Home

This 2-bedroom, 2-bathroom single family at 36003 Schaller Lane in Pequot Lakes, MN is listed for $5,000,000 ($5,000 per sqft). Built in 1960, the home offers 1,000 sqft of living space on a 25.65 acres lot.

Agent Description

Spanning more than 25 acres with approximately 627 feet of shoreline on Lower Whitefish Lake, this property presents a rare opportunity to create a legacy retreat in one of northern Minnesota’s most coveted lake destinations. While the property includes existing cabins, the true value lies in the exceptional land, expansive shoreline, and remarkable potential for future development.

Whether envisioning a private estate or a multigenerational retreat, the setting provides a rare canvas for new construction on the Whitefish Chain. Set along a clear, sandy shoreline and known for exceptional water clarity and premier fishing, Lower Whitefish Lake offers a lifestyle shaped by both recreation and quiet immersion in nature, with opportunities for boating, swimming, and angling for walleye, northern pike, and bass.

The land unfolds with a richly layered landscape of mature aspen, birch, oak, sugar and red maple, alongside white and red pine, balsam fir, and spruce, creating a dynamic backdrop that evolves with the seasons while supporting abundant wildlife. With its significant acreage, extensive shoreline, and unparalleled privacy, this property offers a foundation for a truly extraordinary future vision. Opportunities of this scale on the Whitefish Chain are increasingly rare, offering a lasting setting for generations to enjoy.

Key Features

  • Built in 1960
  • 25.65 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
1960

Amenities

FireplaceWaterfrontView

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

36003 Schaller Lane

Pequot Lakes, MN 56472

Property Details

Views

LakePanorama

Heating

Fireplace(s)Wood (Heating)

Cooling

None (Cooling)

Appliances

MicrowaveRangeRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 36003 Schaller Lane is listed at $5,000,000 ($5,000/sqft). The estimated monthly payment is $21,667 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 25.65 acre lot, Fireplace, Waterfront.

This property is listed by Lindsay Bacigalupo or MinneapolisDowntown@engelvoelkers.com.

LB

Lindsay Bacigalupo

Agent at Engel & Völkers Minneapolis Downtown

Listed by Engel & Völkers Minneapolis Downtown · View on Broker Site

MLS# 7092233· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

36003 Schaller Lane, Pequot Lakes, MN 56472

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