$1,650,000

176 Peninsula Road, Medicine Lake, MN 55441

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$1,650,000

176 Peninsula Road Medicine Lake, MN 55441 - Medicine Lake

For Sale MLS# 6796833

4 beds 3 baths 4,651 sq ft Single Family

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Data current as of 15/12/2025 18:27:25

Details for 176 Peninsula Road

MLS# 6796833

Description for 176 Peninsula Road, Medicine Lake, MN, 55441 - Medicine Lake


Beautiful Medicine Lake living. One of the only large, fully recreational lakes in the heart of the city. Just 7 miles to the North Loop, 5 miles to downtown Wayzata, and 20 miles to the airport. Enjoy sweeping lake views from the fully remodeled main level and from the upper-level primary suite and office. The chef’s kitchen features Sub-Zero and Wolf appliances, stunning custom quartz waterfall countertops, and rich walnut cabinetry. The main floor also includes a newly remodeled ¾ bath and an expanded, maintenance-free deck overlooking the lake and professionally landscaped yard. Upstairs, the primary suite and office showcase hardwood floors and panoramic lake views. The spa-like bath includes a walk-in tile shower, while the oversized walk-in closet features a center island dresser. The walkout lower level offers two family rooms, a ¾ bath with steam shower, and an incredible 40’x20’ sport court with two basketball hoops and batting cage—ideal for customization into a golf simulator, yoga studio, or gym. The backyard is a true retreat, with extensive landscaping and a Paladium Plunge Pool (Spa) that functions as both a hot tub and pool. Energy-efficient solar panels (installed 2016, credits through 2026) and a camera-wired home security system (2022) add modern convenience. All this within award-winning Wayzata Schools, with groomed cross-country ski trails on the lake and the Luce Line Trail just steps away.

Listing Information


Property Type: Residential, Single Family

Status: Active

Bedrooms: 4

Bathrooms: 3

Lot Size: 0.30 Acres

Square Feet: 4,651 sq ft

Year Built: 1925

Foundation: 1,632 sq ft

Garage: Yes

Stories: Modified Two Story

Subdivision: Medicine Lake Park 1st Div

County: Hennepin

Days On Market: 76

Construction Status: Previously Owned

School Information


District: 284 - Wayzata

Room Information


Main Floor

Bedroom 2: 12x10

Bedroom 3: 13x9

Deck: 35x13

Dining Room: 18x14

Kitchen: 20x18

Laundry: 8x7

Living Room: 25x16

Upper Floor

Bedroom 1: 24x12

Lower Floor

Athletic Court: 35x20

Bedroom 4: 28x12

Family Room: 21x19

Patio: 20x8

Recreation Room: 26x11

Bathrooms

Full Baths: 1

3/4 Baths: 2

Additonal Room Information

Family: Entertainment/Media Center,Family Room,Lower Level

Dining: Breakfast Area,Breakfast Bar,Eat In Kitchen,Kitchen/Dining Room

Laundry: Laundry Room, Main Level

Bath Description: Steam Shower,3/4 Basement,3/4 Primary,Main Floor Full Bath

Interior Features


Square Footage above: 2,541 sq ft

Square Footage below: 2,110 sq ft

Appliances: Wine Cooler, Stainless Steel Appliances, Washer, Water Filtration System, Gas Water Heater, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator

Basement: Tile Shower, Walkout, Concrete Block, Drain Tiled, Egress Windows, Full, Finished (Livable)

Additional Interior Features: Walk-In Closet, Main Floor Bedroom, Kitchen Center Island, Paneled Doors, Tile Floors, Main Floor Laundry, Ceiling Fan(s), Natural Woodwork, Hardwood Floors, Indoor Sprinklers, Kitchen Window

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Ductless Mini-Split, Central, Dual System

Heating: Ductless Mini-Split, Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 3

Open Parking: 4

Parking Description: Driveway - Concrete, Garage Door Opener, Detached Garage, Electric Vehicle Charging Station, Guest Parking, Garage Sq Ft - 660.0

Exterior: Cement Board

Roof: Age 8 Years or Less, Architectural Shingle

Lot View: East

Lot Dimensions: 255x50

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Hot Tub, Patio, Deck, Tree Coverage - Medium, Road Frontage - City

Out Buildings: Pool House

Waterfront Details


Standard Water Body: Medicine Lake

DNR Lake ID: 27010400

Water Front Features: Lake Front

Water Frontage Length: 50 Ft.

Lake Acres: 924

Lake Depth: 49 Ft.

Lake Bottom: Sand

Driving Directions


From 169 to Hwy 55. West to Medicine Lake Road, north to Peninsula Rd. On the right side

Financial Considerations


Tax/Property ID: 2511822230003

Tax Amount: 22071

Tax Year: 2025

HomeStead Description: Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 176 Peninsula Road

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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