178 Peninsula Road, Medicine Lake, MN 55441
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
178 Peninsula Road,Medicine Lake, MN 55441
$1,700,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Single family
- Coming Soon
Upcoming open houses
- Fri, May 2901:00 pm - 03:00 pm
- Sat, May 3001:00 pm - 03:00 pm
Listed by: brown & co residential
Office: exp realty
MLS#:7058094
Source:NSMLS
Price summary
- Price:$1,700,000
About this home
This one is MAGICAL. The kind of opportunity buyers wait decades for. UPDATED + STUNNING w/ 50 ft of lakeshore on sought-after Medicine Lake in top-rated WAYZATA SCHOOLS. Turnkey, move-in ready & meticulously maintained w/ expansive lake views on all 3 levels. Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light & bringing lake life into nearly every room. Recently updated throughout w/ designer touches & wood flooring on ML. Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop) opens to informal Dining & Living Room w/ dramatic floor-to-ceiling 2-sided stone fireplace & Formal Dining w/ built-ins. Walk out to oversized deck w/ modern cable railing overlooking the lake—an incredible extension of the living space to relax, entertain & enjoy expansive water views plus the peaceful setting w/ eagles, loons, swans & beautiful lake wildlife often nearby. ML also includes 2 Beds both opening to oversized deck above garage. UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace, expansive lake views, walk-in closet w/ organizational system & spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters. UL also includes addt’l Bed/Office/Flex Space & tons of hidden storage. Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar w/ soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area. LL also w/ addt’l Bed, 3/4 Bath & Laundry Room w/ front-load washer/dryer. Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake. Storage shed + storage box included. NEW ROOF in 2019. **Extensively upgraded since purchase ($450K-$500K invested), please see supplement for full list of improvements.** Enjoy lake life on Medicine Lake—the 2nd largest lake in Hennepin County—offering boating, kayaking, paddle boarding, fishing & miles of trails for walking, running & biking. Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful while still being just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shops & downtown Minneapolis. Surrounded by nature, it feels up north while still enjoying all the conveniences of the city. AN ABSOLUTE GEM!...
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Home facts
- Year built:1978
- Listing ID #:7058094
- Added:5 day(s) ago
- Updated:May 14, 2026 at 12:04 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:1
- Dining Description:Eat In Kitchen, Separate/Formal Dining Room
- Bathrooms Description:3/4 Basement, Main Floor 1/2 Bath, Main Floor Full Bath
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Age 8 Years or Less
- Year built:1978
- Levels:2 Story
Utilities
- Water:Well
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$1,700,000
- Tax amount:$18,640 (2025)
Features and amenities
- Appliances:Water Softener Owned
- Amenities:Humidifier, Water Softener Owned
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2

