162 Peninsula Road, Medicine Lake, Minnesota image 1
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MLS: #7114365, Listed By: Marta Jackson, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS

162 Peninsula Road

Medicine Lake, MN 55441
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$1,600,000 $6,745/Mo
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Bed 4

Bed

Bath 5

Bath

SqFt3,043

Sqft

Acres0.52

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $1,600,000

AD Id : 89539494

MLS Id : 7114365

Beds : 4

Lot Size : 0.52 Acre

Living Area Size : 3,043 Sq. Ft

Tax Amount : $20,582

Year Built : 1982

Garage : 5

County : Hennepin

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 5 Full Baths: 2 Half Baths: 2

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full, Storage Space, Block, Concrete

  • Roofing Information

    Shingle

  • Interior Features

    Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s), Central Vacuum, Chandelier, Kitchen Island, Walk-In Closet(s) Roof: Shingle Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Purifier Laundry Features: Laundry Room, Lower Level, Sink Window Features: Skylight(s)

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air Water front: 1

  • Building Information

    Year Built: 1982 Building Area Total: 3719 Construction Materials: Cedar Patio And Porch Features: Covered, Deck, Patio Pool Features: Heated, Indoor, In Ground Private Pool: Yes Water front Features: Lake Front View: Panoramic

  • Exterior Features

    Exterior Features: Dock

  • Lot Information

    Lot Dimensions: 75 x 335 Main Square Feet: 0.52 Acres Lot Size Acres: 0.52 Lot Size Square Feet: 22651.2 Lot Description: Waterfront

    Property Information

    Subdivision: Medicine Lake Park 1st Div Source Property Type: Residential Postal Code Plus 4: 4178 Property SubType: Single Family Residence Levels: Three Or More Property Age: 44

  • Listing Price Information

    Listing Price: $1600000 Original Price: $1695000 Cash, Conventional, VA Loan

  • Tax Information

    Parcel Number: 2511822320048 Tax Year: 2026 Annual Tax: $20582 Tax Legal Desc: BLOCK 005 MEDICINE LAKE PARK 1ST DIV LOT 9 AND THAT PART OF SELY 1/2 OF LOT 10 LYING SELY OF NWLY 10 FT THOF

  • Parking Information

    Garage Door Opener, Garage

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Location Information

    Direction: Hwy 55 to South Shore Drive, West to Peninsula Road WaterSource: Well, Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 10/08/2026 @ 15:13

MLS: 7114365 LISTED BY: Marta Jackson, RE/MAX Results 651-484-8800 SOURCE: FargoMoorhead Area Association of REALTORS

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