Priced at $1,200,000
/ 8 beds
/ 7.5 baths
/ 6,957 sq. ft.
626 4th Street North
Built in 1881 by lumber baron William Sauntry, this majestic home sitting on a hill has been wonderfully restored and upgraded over the years with the most recent work a full kitchen remodel. The home abounds with original features - intricate inlay floors with several wood varieties, oil on canvas ceilings, beautiful fireplaces, built-in buffet, paneling, light fixtures, and so much more!
Enjoy the morning sipping coffee on the wrap around porch or having friends over for wine in the side garden. Five of the bedrooms have en suite bathrooms. The home currently operates as a successful Bed and Breakfast, with the finished attic serving as private owners suite. Sale price is for house and property only; business and furniture sold for an additional amount. If used as a residence, AirBnB revenue could be realized from the main floor suite that features separate entrance.
A Little History
Sauntry was christened in Ireland in 1845, the youngest of eight children, to a poor Catholic farm family. When his father died in 1848, the family was most likely suffering greatly due to the Great Potato Famine that lasted from 1845-1849. His mother immigrated the entire family to New Brunswick, Canada, and sometime in the mid 1850’s they immigrated again to America. It was in Stillwater that he learned the lumber business working as a young lumberjack and river driver.
While not a pioneer of the lumber trade in Stillwater, William Sauntry learned his craft from the best, the Timber King Frederick Weyerhaeuser. Weyerhaeuser took Sauntry, who is first cousin to Bing Crosby, under his wing where Sauntry flourished. Sauntry directed the Ann River Logging Company which cut most of the last logs in the St. Croix River Valley. When logging dried up, Sauntry put his money into mining on some lands he owned on the Mesabi range. Not knowing a thing about the mining business, he ended up losing what money he had earned from logging. On November 10, 1914, at the Ryan Hotel in Saint Paul, he committed suicide by shooting himself with a revolver. He was 69 years old.
It is estimated at the time of his greatest wealth, he was worth $2 Million. In today’s dollars that is equivalent to $53 Million!