Sounds like something out of a Nicholas Cage treasure hunt movie. A property that may have buried gold on it is for sale in Grand Marais Minnesota. The three-bedroom, 1.5-bath home that overlooks Lake Superior near Grand Marais went on the market in July. Asking price is just $268,000. A very reasonable price for lakefront property especially if the legend of the buried gold is true.

William J. Colvill, served as a Union colonel and led the 1st Minnesota Volunteer Infantry in the Battle of Gettysburg during the Civil War. A news release from the son of the family who built the current home, says Colvill stopped trusting banks later in his life. He used a sled dog to bring his gold to the property where he then buried it.

Cook County History says Colvill who was born in New York but moved to Red Wing, Minnesota Territory in 1854 to practice law. He came to the homestead near Grand Marais in 1894, after his wife died. He lived there for about six years before returning to Red Wing. He died in 1905. Colvill also served as the Minnesota Attorney General from 1866-1868 and was a member of the Minnesota House of Representatives.