There are properties, and then there are estates that redefine what it means to truly live. Set on 9.88 breathtaking acres within the prestigious Mahtomedi School District - and among the closest acreage properties to the charming shops, dining, and waterfront amenities of downtown White Bear Lake - 7040 132nd Street North is one of the most extraordinary private compounds to reach the Twin Cities market. This is a place where custom craftsmanship, recreational infrastructure, income-producing versatility, and serene natural beauty converge in a way that simply cannot be replicated. Let's be direct: this is a working man's compound. Built by a successful commercial contractor who ran his business here, raised his family here, flooded a skating rink behind the barn every winter, and hosted weddings and parties in that barn. It has been genuinely lived in and loved - carrying the honest character and patina that only comes from a property truly put to use. The right buyer will see not what it is, but what it can become. The two-story Craftsman offers 5,900 total sq ft with over 5,200 finished. Limestone exterior, copper turret roof, cedar timber entry, covered front porch. Inside: two-story herringbone tile entry, floor-to-ceiling fieldstone fireplace with live-edge mantel, knotty alder doors and trim throughout, reclaimed railroad tie kitchen island, beadboard cabinetry to the ceiling, wall ovens, wine fridge, drop zone with custom lockers. Octagonal tray ceiling dining room opens via French doors to a cedar tongue-and-groove screened porch with lake views and gas fire table - then to a Brazilian wood deck with grill and breathtaking lake view. Main floor study, dedicated laundry, 9-ft ceilings, 400-amp service, Kinetico water system, cast iron plumbing, whole-home speaker system, 17-zone irrigation. Upstairs, cedar plank ceilings grace every bedroom. Primary suite: vaulted cedar ceiling, lake-view gable window, separate walk-in closets, spa bath with dual vessel sinks, travertine wainscoting, boulder-step soaking tub, and a steam shower with full travertine tile, pebble mosaic floor, body sprays, and glass block wall. Four additional bedrooms, three more baths. Lower level: home theater with projector and screen, fifth bedroom, full bath, concrete safe room, walkout to boulder patio, and in-floor radiant heat throughout - fed by the home's boiler alongside two furnaces, four heat zones, and two AC units. The attached 3-car garage is finished, insulated, and heated with in-floor radiant. The 8-car detached garage is a fully self-contained facility - its own independent boiler, in-floor radiant, furnace, and AC - completely separate from the home. Sixteen-by-eight doors, 24-ft bays, 10-ft ceilings. Total garage capacity: 11 cars. Above it, 1,310 finished sq ft of professional office space - conference room, executive office, kitchenette, four built-in desks, half bath, private entrance - with strong potential for conversion to guest quarters or an accessory dwelling unit. A 32x18 two-story storage building rounds out the campus. The historic 95x33 barn is in a class of its own - soaring original wood bow trusses, hardwood floors, built-in bar, new standing seam metal roof, and a retrofitted silo bathroom with curved corrugated metal wall, copper vessel sink, granite top, and stone tile floors that has to be seen to be believed. Weddings, proms, pickleball tournaments - this barn has hosted it all. Below: massive cold storage for boats and equipment. Six horses permitted, private dock on the environmental lake, stone firepit, volleyball court, second well that fed the winter skating rink, whole-home generator, and 5+ irrigated acres out back. The buyer for this property isn't looking for perfect - they're looking for extraordinary. This compound has the bones, the infrastructure, the acreage, and the soul that no amount of money can manufacture from scratch. Acreage this close to downtown White Bear Lake is ideal! MUST SEE!