176 Peninsula Road
Medicine Lake, MN 55441
- 4 beds
- 3 baths
- 4,651 sqft
- 13,068 sqft lot
- $428 per sqft
- 1925 build
- – on site
Experience luxury lakefront living in this beautifully updated 4-bedroom, 3-bath executive home on the sought-after Peninsula of Medicine Lake. Designed for comfort, entertainment, and relaxation, this thoughtfully enhanced property offers exceptional amenities and high-end finishes throughout. Interior highlights include: a Chef’s kitchen fully remodeled in 2018 featuring Sub-Zero and Wolf appliances, custom quartz waterfall countertops, and rich walnut cabinetry. Expanded in 2015 to include a welcoming new front entrance, spacious foyer, additional bedroom, and a large walk-in primary closet. Recently completed updated main-floor bath with classic subway tile, a new vanity, and custom glass shower door. The spacious primary bedroom has gorgeous hardwood floors and incredible lake views. The walkout lower level has a 20x40 sport court added in 2018 complete with dual basketball hoops and a batting cage. Plus a family room, 3/4 bathroom and theater room. Outside, it’s your own private escape. Enjoy the Paladium Plunge Pool (installed in 2021) with an integrated poolside TV and professionally landscaped surroundings. A composite deck and solar panels (installed in 2016) add to the home’s function and efficiency, and the wired 4-camera security system (2022) gives added peace of mind. All of this, just steps from the Luce Line Trail, groomed ski trails, and located in the award-winning Wayzata school district. This rare Medicine Lake gem has it all, high-end upgrades, outdoor adventure, and year-round comfort.
Last checked:
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Last updated May 16, 2025
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MLS# 6711070 —
Upcoming Open Houses
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Sunday, 5/18
12pm-2pm
The Building
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Year Built:1925
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New Construction:false
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Age Of Property:100
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Construction Materials:Fiber Cement
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Construction Materials Desc:Block
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Roof:Architectural Shingle
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Accessibility Features:None
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Levels:Modified Two Story
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Main Level Finished Area:1536.0000
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Basement:Block, Egress Window(s), Finished, Full, Tile Shower, Walkout
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Basement:true
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Foundation Area:1632
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Manufactured Home:No
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Building Area Total:4468
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Above Grade Finished Area:2541
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Below Grade Finished Area:2110
Interior
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Dining Room Description:Breakfast Bar,Breakfast Area,Eat In Kitchen,Kitchen/Dining Room
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Fireplace:false
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Amenities:Ceiling Fan(s),Deck,Hardwood Floors,Hot Tub,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Tile Floors,Walk-In Closet
Room Dimensions
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Living Area:4651
Location
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Directions:From 169 to Hwy 55. West to medicine lake road N. To peninsula Rd. On the right side
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Latitude:45.000409
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Longitude:-93.418871
The Property
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Parcel Number:2511822230003
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Zoning Description:Residential-Single Family
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Additional Parcels:false
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Lot Features:Many Trees
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Lot Size Area:0.3
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Lot Size Dimensions:255x50
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Lot Size SqFt:13068
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Lot Size Units:Acres
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Lake Chain:N
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Lake Acres:924
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Lake Depth:49
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Water Body Name:Medicine
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Waterfront Feet:50
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Waterfront Elevation:0-4
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Road Between Waterfront and Home:No
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Road Frontage Type:City Street
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Road Responsibility:Public Maintained Road
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 817-2805
- Office phone:
- (952) 848-2400
Taxes
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Tax Year:2025
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Tax Annual Amount:22071
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Tax With Assessments:22071.0000
Beds
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Bedrooms Total:4
Baths
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Total Baths:3
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Bath Description:3/4 Primary,Full Basement,Main Floor Full Bath
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Full Baths:2
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Three Quarter Baths:1
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Ductless Mini-Split, Forced Air
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Cooling:Central Air, Ductless Mini-Split, Dual
Utilities
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Electric:Circuit Breakers
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Sewer:City Sewer/Connected
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Schools
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High School District:Wayzata
The Community
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Subdivision Name:Medicine Lake Park 1st Div
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Waterfront:true
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Waterfront Features:Lake Front
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Association:false
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Assessment Pending:No
Parking
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Parking Features:Detached, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking
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Garage Spaces:3
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Garage SqFt:660
Monthly cost estimate

Asking price
$1,995,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,682
|
Taxes | $1,839 |
Insurance | $548 |
Utilities | $268 See report |
Total | $13,337/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/15/25
May 15, 2025
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Listed / Active | NORTHSTAR | $1,995,000 | |
5/13/25
May 13, 2025
|
Coming Soon | NORTHSTAR | $1,995,000 | 187.1% (15.1% / YR) |
5/8/23
May 8, 2023
|
Price Changed | NORTHSTAR |