162 Peninsula Road, Medicine Lake, MN 55441

Medicine Lake
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
162 Peninsula Road,Medicine Lake, MN 55441
$1,695,000
  • 4 Beds
  • 5 Baths
  • 3,719 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Thu, Aug 20
    04:00 pm - 06:00 pm
  • Sat, Aug 22
    10:00 am - 12:00 pm
Listed by: marta jackson
Office: re/max results
MLS#:7114365
Source:ND_FMAAR

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$455.77

About this home

Private oasis on Medicine Lake, 10 Minutes from Downtown Minneapolis. Taken down to the studs after its 2004 purchase, this home sits back from the road behind mature gardens and a curving driveway — private, quiet, and in the top-rated Wayzata School District. A heated saltwater pool (rebuilt 2016) anchors the outdoor living, with multiple patios and decks, including dining deck under a fairy-lit mature vine canopy— all with panoramic views of the lake. A graded path leads down to the lake and dock. Inside, an open kitchen and great room center on an oversized slider framing the water, warmed by a slate-faced fireplace. Three upper bedrooms with three baths, and a lower-level primary suite with lake views, jetted tub, and steam shower. Attached garage with utility room, plus a detached 3-car garage with boat storage. City sewer updated and water installed in 2025. No HOA.

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Home facts

  • Year built:1982
  • Subdivision & Development:Medicine Lake Park 1st Div
  • Listing ID #:7114365
  • Added:1 day(s) ago
  • Updated:August 14, 2026 at 02:53 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:2
  • Half bathrooms:2
  • Rooms Total:12
  • Living area:3,719 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Archetectural Shingles
  • Year built:1982
  • Building area:3,719 sq. ft.
  • Lot area:0.52 Acres
  • Exterior Features:Patio

Utilities

  • Water:City Water/Connected, Well
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$455.77
  • Tax amount:$20,582

Parking

  • Garage spaces:5

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