Medicine Lake Properties For Sale (5 Real Estate Listings)

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7314 Highway X, Three Lakes

$3,600,000 Medicine Lake

7314 Highway X, Three Lakes

3 Beds 3 Baths Single Family MLS® # 204999

Simply, the best! This newly constructed Medicine Lake home is so ‘turn key’ you don’t even need a key. From the smallest detail like the keyless, push button entry, to the three top of the ...

MILLER & ASSOCIATES REALTY LLCRegional Multiple Listing Service of Minnesota Logo

Active
X W Medicine Lake Drive, Plymouth

$2,540,000 Medicine Lake

X W Medicine Lake Drive, Plymouth

8 Acres Land MLS® # 6502036

Rare opportunity to own a 8+ acre private island on Medicine Lake, Plymouth. Panoramic lake views. Wooded. Prime, convenient location--yet a world away. Exclusive. Serene....

Lisa Olsen Real EstateRegional Multiple Listing Service of Minnesota Logo

Pending
112 Peninsula Road, Medicine Lake

$760,000 Medicine Lake

112 Peninsula Road, Medicine Lake

2 Beds 2 Baths 0 Acres 1,776 SqFt Single Family MLS® # 6493275

**SOLD BEFORE PRINT! Amazing opportunity to own lakeshore property on the Medicine Lake peninsula! Breathtaking views of the lake from the sunroom, living room, and primary bedroom! This one...

RE/MAX ResultsRegional Multiple Listing Service of Minnesota Logo

Pending
2535 W Medicine Lake Drive, Plymouth

$550,000 Medicine Lake

2535 W Medicine Lake Drive, Plymouth

4 Beds 3 Baths 0 Acres 2,986 SqFt Single Family MLS® # 6457052

Stunning views of Medicine Lake and Minneapolis skyline! Just a short walk to Medicine Lake park and lake access! This beautifully renovated fresh and modern layout showcases vaulted ceiling...

Coldwell Banker RealtyRegional Multiple Listing Service of Minnesota Logo

Pending
3430 E Medicine Lake Boulevard, Plymouth

$524,900 Medicine Lake

↓ $10,000

3430 E Medicine Lake Boulevard, Plymouth

4 Beds 4 Baths 1 Acres 4,230 SqFt Single Family MLS® # 6439272

Motivated seller is offering to provide $5,000 towards buyer closing costs on this charming and stately 4 bed/4 bath two story home situated on an acre of land and overlooking beautiful Medi...

RE/MAX RESULTSRegional Multiple Listing Service of Minnesota Logo


As of March 19, 2024 there are 5 active Medicine lake property listings for sale with an average listing price of $1,594,980. The highest-priced waterfront listing is $3,600,000, while the lowest priced waterfront listing can be purchased for $524,900. Medicine lakeshore listings have an average price of $245 per square foot, based on listings with an average of 3.3 bedrooms, 3.0 bathrooms, and 1,798 square feet of living space.

Medicine Lake Real Estate - Lake Homes & Lake Lots

Medicine Lake is a 936-acre lake located in Plymouth, Minnesota, a western suburb of the Twin Cities. The lake is known for its recreational opportunities and natural beauty, making it a popular destination for residents and visitors alike. In this article, we will explore the history and characteristics of Medicine Lake, as well as the real estate market surrounding the lake.

History and Characteristics of Medicine Lake

Medicine Lake was formed over 10,000 years ago during the last Ice Age. The lake was created when a large chunk of ice broke off from a glacier and melted, leaving behind a depression that eventually filled with water. The lake is unique in that it has no visible inlets or outlets, leading some to speculate that there may be underground channels connecting it to nearby lakes.

The lake is named after the Native American tradition of using the lake's clay for medicinal purposes. The Dakota and Ojibwe tribes both used the clay for medicinal and ceremonial purposes, and the lake was considered a sacred site.

Medicine Lake is home to a variety of fish species, including walleye, northern pike, largemouth bass, bluegill, and crappie. The lake is also home to a variety of bird species, including great blue herons, bald eagles, and ospreys.

Recreational Opportunities on Medicine Lake

Medicine Lake offers a variety of recreational opportunities for residents and visitors. The lake is popular for boating, fishing, and swimming. There are several public boat launches located around the lake, as well as a public beach on the lake's eastern shore.

The lake is also surrounded by several parks and trails, including French Regional Park, which offers hiking and biking trails, picnic areas, and a beach. The Luce Line State Trail also runs along the lake's southern shore, providing opportunities for walking, jogging, and biking.

Real Estate Market on Medicine Lake

The real estate market on Medicine Lake is highly competitive, with lake homes on the lake often selling for well above the median home price in the area. As of April 2023, the median home value in Plymouth is $439,000, while the median home value on Medicine Lake is $950,000.

Homes on Medicine Lake range from small cottages to large, luxurious estates. Many of the homes on the lake feature private docks and panoramic views of the lake. The lake's proximity to the Twin Cities also makes it a popular destination for commuters looking to escape the hustle and bustle of the city.

Conclusion

Medicine Lake is a unique and beautiful lake located in Plymouth, Minnesota. The lake's rich history and natural beauty have made it a popular destination for residents and visitors alike. The real estate market on Medicine Lake is highly competitive, with homes on the lake often selling for well above the median home price in the area. Whether you're looking for a place to call home or just a place to relax and enjoy the great outdoors, Medicine Lake is definitely worth a look.

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