The most expensive house in Minnesota has been on the market for 8 years.
When selling a multi-million dollar home, there are many factors to consider. Buyers who are looking for such a home are often less likely to purchase someone else’s ‘vision’ at such a high price tag, and tend to be more finicky about feeling pressured.
The historic mansion known as Southways sits on a lakefront lot along Lake Minnetonka, where it has sat for the past 8 years, unowned. The home was originally built in 1918 by the Pillsburys, and remained in the family until 1992. It originally went on the market in 2007 for a cool 53.5 million, and has since dropped in price down to $24 million, with no buyers.
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The 32,000 square foot mansion has seven bedrooms, a separate carriage house, pool, pool house, tennis court, spa, and a care takers apartment.
So if you know anyone in the market for a $24 million dollar mansion on a lake, the Southways home might be the perfect place to send them.
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