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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 1,695,000

Est. payment -/mo

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Coming Soon

162 Peninsula RD Medicine Lake, MN 55441

4 Beds

5 Baths

3,043 SqFt

Open House

Thu Aug 20, 4:00pm - 6:00pm

Sat Aug 22, 10:00am - 12:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,043 sqft

Price per Sqft $557

Subdivision Medicine Lake Park 1St Div

MLS Listing ID 7114365

Bedrooms 4

Full Baths 2

Half Baths 2

Three Quarter Bath 1

Year Built 1982

Annual Tax Amount $20,582

Tax Year 2026

Contingent None

Lot Size 0.520 Acres

Lot Dimensions 75 x 335

Property Sub-Type Single Family

Property Description

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.

Location

State MN

County Hennepin

Zoning Residential-Single Family

Body of Water [{\"NST_LakeChain\":\"N\", \"LakeAcres\":924.37, \"WaterBodyKey\":\"101350\", \"LakeDepth\":49, \"BodyOfWaterNumber\":\"27010400\", \"WaterBodyName\":\"Medicine\", \"NST_LakeClass\":\"General Development\"}]

Rooms

Basement Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walkout

Dining Room Informal Dining Room, Kitchen/Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Amusement Room, Family Room, Free Standing, Full Masonry, Gas, Insert

Fireplace Yes

Appliance Central Vacuum, Chandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned

Laundry Lower Level, Laundry Room, Sink

Exterior

Parking Features Attached Garage, Asphalt, Electric, Garage Door Opener, Multiple Garages

Garage Spaces 5.0

Fence Invisible

Pool Below Ground, Heated, Indoor

Waterfront Description Lake Front

View Panoramic

Roof Type Age 8 Years or Less,Architectural Shingle

Road Frontage N

Building

Lot Description Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium

Story Four or More Level Split

Foundation 1900

Sewer City Sewer/Connected

Water City Water/Connected, Well

Level or Stories Four or More Level Split

New Construction false

Schools

School District Wayzata

Others

Virtual Tour https://wellcomemat.com/embed/58sha4d604491mofk?mls=1

Listed by Marta Jackson • RE/MAX Results

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

162 Peninsula RD Medicine Lake, MN 55441

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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