162 Peninsula Road, Medicine Lake, MN
$1,600,000 - Medicine Lake
4
Beds
5
Baths
3,719
Square feet
0.52
Acres
About 162 Peninsula Road
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.
Features of 162 Peninsula Road
| MLS® # | 7114365 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 2 |
| Half Baths | 2 |
| Square Footage | 3,719 |
| Finished SQFT | 3,043 |
| Acres | 0.52 |
| Year Built | 1982 |
| Type | Single Family |
| Sub-Type | Residential |
| Status | Active |
| Contingency Type | None |
| Lake Name | Medicine Lake |
Community Information
| Address | 162 Peninsula Road |
|---|---|
| Subdivision | Medicine Lake Park 1st Div |
| City | Medicine Lake |
| County | Hennepin |
| State | MN |
| Zip Code | 55441 |
Amenities
| Parking | Attached Garage, Asphalt, Electric, Garage Door Opener, Multiple Garages |
|---|---|
| # of Garages | 5 |
| View | Panoramic |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | Yes |
| Pool | Below Ground, Heated, Indoor |
Interior
| Appliances | 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 |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Has Basement | Yes |
| Basement | Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walkout |
Exterior
| Exterior Features | Stone, Cedar, Vinyl |
|---|---|
| Lot Description | Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium |
| Roof | Age 8 Years or Less, Architectural Shingle |
School Information
| District | Wayzata |
|---|
Additional Information
| Zoning | Residential-Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $20,582 |
| Tax Year | 2026 |
| Office | RE/MAX Results |
Listing Details
| Office | RE/MAX Results |
|---|