I am sure most of you Minnesotan's or others have heard of Pillsbury. The former Pillsbury house (current owner James Jundt and now called Southways Estate) on Lake Minnetonka is for sale and available for only the 2nd time since 1918. The Jundts have set the price at $53.5 Million. Take a look -->

MLS 3441533: Price: $53,500,000, City: Orono, Minnesota, 9 Bedrooms, 16 Bathrooms, 32,000 sq feet, 13 acres, 1,700 feet of Lake Minnetonka shoreline, and has two swimming pools, one in and one out, built in 1918. Available for only the 2nd time since home has been built - A Lake Minnetonka must see. Check out the photos below or check out the Southways Estate virtual tour.

A exerpt from MSNBC.COM: http://www.msnbc.msn.com/id/22530777/

The former John S. Pillsbury Sr. house on the tip of Bracketts Point in Orono on Lake Minnetonka is for sale, only the second time the expansive lakefront house has been on the market since 1918. Is anybody worried about who might buy it -- namely, some big developer who will tear down the estate the Pillsbury family called Southways and build other housing there?

James Jundt, a former hedge fund manager, and his wife, Joann, have put it up for sale for $53.5 million. They bought it when Pillsbury's widow, Eleanor Pillsbury, whose friends called her Juty, died in 1991. They have staged any number of events there, including a Republican fundraiser for congressional candidate Michelle Bachmann that lured President Bush in 2006. The Jundts say they are moving to Arizona.

The Pillsburys also entertained in style there for many charities and at least once for the present King Harald of Norway when was still the crown prince.

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