It was finished in 1919, but this famous mansion on Lake Minnetonka might not live to see 100.
The main house on the historic summer estate built by the Pillsbury family, nicknamed "Southways," has been approved for demolition by the city of Orono this past week, which KSTP first reported on Friday.
A decade ago, the house and 13 acres of grounds on the shores of Lake Minnetonka was listed for sale for $53 million, making it the most expensive home for sale in the state.
The price for the estate at 1400 Bracketts Point Road dropped after the financial crash to a much more reasonable $24 million.
But with no buyers emerging, the estate, which comprises 1,700 feet of shoreline, was split up into five lots to be sold separately.
When we spoke with realtor Meredith Howell, of Coldwell Banker Burnett, in February, she said that three of those lots had been sold.
The Tudor-style main mansion – which is a ridiculous 32,000 square feet with 7 bedrooms, an indoor pool and 3 acres of land – went unsold at its $7.9 million price tag.
The house has been extensively restored since it was sold in the early '90s to current owner James Jundt, an Arizona-based investor, with Howell previously telling BMTN the house is in "perfect condition."
The property is not under any kind of historical preservation orders. The owners now have 180 days from Aug. 6, when the demolition permit was issued, to demolish the house, KSTP notes.