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1492 Homestead Trl, Long Lake, MN, 55356

4beds
6baths
8,314sqft
$3,895,000
$468price/sqft
$26,493/moest. monthly cost
$1,059,720/yrincome needed

About This Home

Set atop a commanding 5+ acre homesite and perched nearly 30 feet above the surrounding landscape, this Stinson-designed/Streeter-built Prairie signature estate is a study in architecture, light, and place. Expansive walls of glass capture unobstructed, permanent western views across the natural beauty of Baker Park, filling the home with ever-changing light and spectacular sunsets. Richly detailed throughout, the residence showcases an extraordinary palette of natural materials including heart pine, Douglas fir, maple, and knotty pine tongue-and-groove ceilings, complemented by substantial Douglas fir beams that lend warmth, character, and timeless authenticity. Designed to capture both everyday living and grand-scale entertaining, more than 8,000 square feet of thoughtfully crafted living space offers five bedrooms, seven baths, a luxurious main-level primary suite, and a custom-built guest house. Every detail reflects a commitment to enduring craftsmanship, architectural integrity, and exceptional comfort. An extraordinary estate where privacy, beauty, and timeless design exist in perfect balance.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

--
9/10
Orono Middle SchoolGrades 6-80.8 mi
10/10
Orono Senior High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1994

Materials

  • Roof: Shake
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Electric Water Heater,Freezer,Humidifier,Water Filtration System,Water Osmosis System,Iron Filter,Microwave,Other,Range,Refrigerator,Wall Oven,Washer,Water Softener Owned,Wine Cooler
  • Laundry features: Lower Level,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 256
  • Dimensions: 16 X 16

Bedroom2

  • Level: Lower
  • Area: 255
  • Dimensions: 17 X 15

Bedroom3

  • Level: Lower
  • Area: 276
  • Dimensions: 12 X 23

Bedroom4

  • Level: Lower
  • Area: 266
  • Dimensions: 14 X 19

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 2

Deck

  • Level: Main
  • Area: 532
  • Dimensions: 19 X 28

Deck

  • Level: Main
  • Area: 666
  • Dimensions: 18 X 37

Dining Room

  • Level: Main
  • Area: 399
  • Dimensions: 21 X 19

Exercise Room

  • Level: Lower
  • Area: 224
  • Dimensions: 16 X 14

Family Room

  • Level: Main
  • Area: 440
  • Dimensions: 22 X 20

Features

  • Number of fireplaces: 2
  • Fireplace features: Amusement Room,Family Room,Gas,Living Room,Stone
  • Fireplace: Yes
  • Finished area below ground: 3,403
  • Finished area above ground: 4,911

Foyer

  • Level: Main
  • Area: 153
  • Dimensions: 9 X 17

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,916
  • Total interior livable area: 8,314 sqft

Kitchen

  • Level: Main
  • Area: 462
  • Dimensions: 21 X 22

Laundry

  • Level: Main
  • Area: 154
  • Dimensions: 11 X 14

Laundry

  • Level: Lower
  • Area: 144
  • Dimensions: 16 X 9

Library

  • Level: Main
  • Area: 280
  • Dimensions: 20 X 14

Living Room

  • Level: Main
  • Area: 374
  • Dimensions: 22 X 17

Mud Room

  • Level: Main
  • Area: 160
  • Dimensions: 8 X 20

Office

  • Level: Main
  • Area: 208
  • Dimensions: 16 X 13

Other

  • Level: Lower
  • Area: 396
  • Dimensions: 18 X 22

Primary Bathroom

  • Level: Main
  • Area: 320
  • Dimensions: 16 X 20

Recreation Room

  • Level: Lower
  • Area: 432
  • Dimensions: 27 X 16

Study

  • Level: Lower
  • Area: 180
  • Dimensions: 12 X 15

Walk In Closet

  • Level: Main
  • Area: 234
  • Dimensions: 13 X 18

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2811823220006
  • Zoning description: Residential-Single Family
  • Foundation area: 4864

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Terrace
  • Exterior features: Kennel/Dog Run

Lot

  • Lot size: 5.39 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 235,224

Parking

  • Total spaces: 4
  • Parking features: Attached,Asphalt,Garage,Heated Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado
Inland Flooding
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,695$236,340
Home Insurance *$2,363$28,356
Property Taxes $3,734$44,808
Electricity $701$8,414
Total$26,493$317,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$908,331/yr
40% on housing$794,790/yr
45% on housing$706,480/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$468This listing

vs Other Active Listings

Avg $/sqft

ZIP 55356$403
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55356$256
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-27Listed for sale$3,895,000
2005-04-18Sold$2,200,000

For Sale by Agent

AgentBonnie J Velie
BrokerageColdwell Banker Realty

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