162 Peninsula Road, Medicine Lake, MN 55441

Medicine Lake
Local realty services provided by:ERA Prospera Real Estate
162 Peninsula Road,Medicine Lake, MN 55441
$1,695,000
  • 4 Beds
  • 5 Baths
  • - sq. ft.
  • Single family
  • Coming Soon
Upcoming open houses
  • Thu, Aug 20
    04:00 pm - 06:00 pm
  • Sat, Aug 22
    10:00 am - 12:00 pm
Listed by: marta jackson
Office: re/max results
MLS#:7114365
Source:NSMLS

Price summary

  • Price:$1,695,000

About this home

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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Home facts

  • Year built:1982
  • Subdivision & Development:Medicine Lake Park 1st Div
  • Listing ID #:7114365
  • Updated:August 17, 2026 at 12:24 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:2
  • Half bathrooms:2
  • Dining Description:Informal Dining Room, Kitchen/Dining Room
  • Bathrooms Description:1/2 Basement, Bathroom Ensuite, Jetted Tub, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Separate Shower and Tub, Two Basement Baths
  • Kitchen Description:Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor
  • Basement:Yes
  • Basement Description:Block, Daylight / Lookout Windows, Finished, Full, Storage Space, Walkout

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1982
  • Lot Features:Accessible Shoreline, Tree Coverage - Medium
  • Levels:4 or More Level Split

Utilities

  • Water:City Water - Connected, Well
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$1,695,000
  • Tax amount:$20,582 (2026)

Features and amenities

  • Appliances:Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Laundry features:Dryer, Washer
  • Amenities:Central Vacuum, Gas Water Heater, Humidifier, Water Filtration System, Water Softener Owned
  • Pool features:Below Ground, Heated, Indoor

Parking

  • Parking description:Asphalt, Attached Garage, Electric, Garage Door Opener, Multiple Garages
  • Garage:Yes
  • Garage spaces:5
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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