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MLS: #7106043, Listed By: Kelly Brown, eXp Realty, Source:FargoMoorhead Area Association of REALTORS

168 Peninsula Road

Medicine Lake, MN 55441
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Bed 5

Bed

Bath 3

Bath

SqFt3,778

Sqft

Acres0.65

Acre(Lot)

RARE MEDICINE LAKE OPPORTUNITY offering 96 FEET OF LAKESHORE + TWO SEPARATE RESIDENCES—166 + 168 Peninsula—BEING SOLD TOGETHER in a sought-after peninsula setting, all in WAYZATA SCHOOLS. Located in the City of Medicine Lake—a hidden gem w/ a small-town lake community feel tucked into the heart of the West Metro. MAIN HOME | 168 PENINSULA: Filled w/ natural light + lake views featuring real hardwood floors & oversized Family Room w/ floor-to-ceiling stone fireplace. Double doors open to the Sun Room w/ vaulted ceiling, walls of windows, front walkout + access to the oversized back deck overlooking the property + lake. Kitchen features granite counters, SS apps (inc gas range) & abundant cabinetry. ML offers 4 BRs + Office/Flex Space & 2 BAs. Two BRs feature vaulted ceilings + share an upda ted 3/4 Bath. Primary Bedroom features built-ins + private walkout to the deck overlooking the lake. LL includes Laundry Room, tuck-under garage + HUGE Storage Room w/ crawl space. OVER $50,000 IN RECENT REPAIRS, MAINTENANCE + IMPROVEMENTS, including a FULL ROOF REPLACEMENT SEPT 2026 + new soffits, fascia & gutters on a portion of the back of the home—SEE SUPPLEMENTS for details. Incredible lakeshore lot w/ mature trees + privacy. Expansive back deck + lake access area are ready for the next owner’s vision, w/ existing stairs to the lake needing to be rebuilt/reworked. Addt’l front patio surrounded by mature landscaping. GUEST HOUSE | 166 PENINSULA: Separate residence w/ its own driveway + mailbox. Full Kitchen w/ oven opens to Informal Dining + Family Room w/ fireplace & walkout to backyard. ML also features 1 BR + Flex Room, Full Bath & washer/dryer. Addt’l shed for storage. Guest House was recently tenant occupied + has previously been used as a rental; future rental use would require buyer to apply for a new rental license + complete required City inspection/approval. 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. Walk to the newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis + basketball courts & new playground. Nestled on a peninsula surrounded by water, this special community feels tucked away while still just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shopping + downtown Minneapolis. A unique opportunity to own 96 feet of Medicine Lake shoreline + two separate residences and bring your ideas + vision to reimagine this property and make it your own.

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Detail Ic Property Details

Property Type : Residential

Price : $999,900

AD Id : 91035308

MLS Id : 7106043

Beds : 5

Lot Size : 0.65 Acre

Living Area Size : 3,778 Sq. Ft

Tax Amount : $15,043

Year Built : 1955

Garage : 2

County : Hennepin

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 2

    Room Information

    Rooms Total: 16 Has Basement: Yes Basement: Partially Finished
  • Interior Features

    Master Downstairs Laundry Features: Main Level
  • Heating & Cooling

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

  • Building Information

    Year Built: 1955 Building Area Total: 5528 Construction Materials: Brick Veneer Stories: 1 Patio And Porch Features: Deck, Patio Private Pool: No Water front Features: Lake Front View: Lake

  • Lot Information

    Lot Dimensions: 84x338x96x305 Main Square Feet: 0.65 Acres Lot Size Acres: 0.65 Lot Size Square Feet: 28314 Lot Description: Waterfront

    Property Information

    Subdivision: Medicine Lake Park 1st Div Source Property Type: Residential Postal Code Plus 4: 1512 Property SubType: Single Family Residence Levels: One Property Age: 71

  • Listing Price Information

    Listing Price: $999900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 2511822320047 Tax Year: 2026 Annual Tax: $15043 Tax Legal Desc: BLOCK 005 MEDICINE LAKE PARK 1ST DIV LOT 11 AND NWLY 1/2 OF LOT 10 ALSO NWLY 10 FT OF SELY 1/2 OF LOT 10

  • Parking Information

    Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: HWY 55 to 169 North to 13th Ave N exit. At bottom of exit, take left on 13th Ave N. Stay on 13th Ave N and do NOT turn on Nathan Ln N. Continue to S Shore Dr, go west to Peninsula Rd and follow the lake. Home will be on the right. 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 @ 13:01

MLS: 7106043 LISTED BY: Kelly Brown, eXp Realty 320-500-4397 SOURCE: FargoMoorhead Area Association of REALTORS

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