Pending

MLS: #7058094, Listed By: Kelly Brown, eXp Realty, Source:FargoMoorhead Area Association of REALTORS

178 Peninsula Road

Medicine Lake, MN 55441
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Bed 5

Bed

Bath 4

Bath

SqFt4,001

Sqft

Acres0.28

Acre(Lot)

Offer Received- OFFERS DUE by 4PM on Sunday, 5/31/26. 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 rail ing 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), pls 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. Walk to 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 & 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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Detail Ic Property Details

Property Type : Residential

Price : $1,700,000

AD Id : 80074962

MLS Id : 7058094

Beds : 5

Lot Size : 0.28 Acre

Living Area Size : 4,001

Year Built : 1978

Garage : 2

County : Hennepin

Subdivision: Lenape Hills

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 2 Half Baths: 1

    Room Information

    Rooms Total: 16 Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood
  • Interior Features

    Kitchen Island, Vaulted Ceiling(s)
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1978 Building Area Total: 4001 Stories: 2 Patio And Porch Features: Deck, Patio Private Pool: No View: Lake
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 50x244x50x252 Main Square Feet: 0.28 Acres Lot Size Acres: 0.28 Lot Size Square Feet: 12196.8

    Property Information

    Subdivision: Medicine Lake Park 1st Div Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 48

  • Listing Price Information

    Listing Price: $1700000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 2511822230004 Annual Tax: $18640

  • 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
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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 06/12/2026 @ 00:45

MLS: 7058094 LISTED BY: Kelly Brown, eXp Realty 320-500-4397 SOURCE: FargoMoorhead Area Association of REALTORS

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