Rare opportunity to own 50 ft of Medicine Lake shoreline on a 1000 acre lake in the metro You will be struck from the very beginning by this woodsy A-frame, its great western facing view of the lake and spectacular sunsets. Nature abounds everywhere with wildlife, swans, hummingbirds. Even turning onto the peninsula feels like a quick trip "up north". This home has new lower level family room, 1/2 bath with walk out to the lake, new kitchen, wall to wall glass in living room for wonderful view of lake. Main bedroom above gives morning views from tree canopy overhead and the lake below. Living here amongst all this natural beauty will feel like a sacred space. It is also just minutes from all the amenities of downtown while offering everything that a fully recreational lake has to offer- boating, fishing, sailing, swimming, and more. Roll-in dock & canoe included in sale. Lake life is waiting for you!
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Street View
$875,000
169 Peninsula Rd, Medicine Lake, MN 55441
3beds
2,335sqft
Single Family Residence
Built in 1977
0.26 Acres Lot
$1,048,200 Zestimate®
$375/sqft
$3,819 Estimated rent
Home value
$1,048,200
$975,000 - $1.14M
$3,819/mo
Zestimate® history
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Roll-in dockNew kitchen
Zillow last checked:
Listing updated:
Listed by:
Tom Brunmeier 612-860-9293,
Marathon Realty
Bought with:
Kelly Gaulrapp - RESimplified Team
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6383779
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 175 Square Feet
- Dimensions: 12'6x14
Bedroom 2
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 3
- Level: Upper
- Area: 175 Square Feet
- Dimensions: 12'6x14
Bathroom
- Level: Main
- Area: 35 Square Feet
- Dimensions: 5x7
Bathroom
- Level: Upper
- Area: 54 Square Feet
- Dimensions: 6x9
Bathroom
- Level: Lower
- Area: 36 Square Feet
- Dimensions: 6x6
Bonus room
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7x7
Bonus room
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 10x12
Family room
- Level: Lower
- Area: 391 Square Feet
- Dimensions: 23x17
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Living room
- Level: Main
- Area: 450.5 Square Feet
- Dimensions: 26'6x 17'
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Basement: Finished,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,335
- Total interior livable area: 2,335 sqft
- Finished area above ground: 1,620
- Finished area below ground: 715
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
- Carport spaces: 1
- Details: Garage Dimensions (24x24), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Awning(s), Patio
- On waterfront: Yes
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 50
Lot
- Size: 0.26 Acres
- Dimensions: 50 x 279
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 1007
- Parcel number: 2511822320031
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Private
Community & HOA
Community
- Subdivision: Medicine Lake Park 1st Div
HOA
- Has HOA: No
Location
- Region: Medicine Lake
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $848,400
- Annual tax amount: $10,386
- Date on market: 7/17/2023
- Cumulative days on market: 93 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2023 | Sold | $875,000-5.4%$375/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
| 10/27/2023 | Pending sale | $924,900$396/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
| 9/13/2023 | Price change | $924,900-2.1%$396/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
| 9/6/2023 | Price change | $945,000-5%$405/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
| 8/11/2023 | Price change | $995,000-9.1%$426/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
| 7/26/2023 | Listed for sale | $1,095,000$469/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,765 -11.4% | $848,400 -3% |
| 2024 | $13,275 +13.8% | $875,000 -12.3% |
| 2023 | $11,669 +12.4% | $997,900 +17.3% |
| 2022 | $10,386 +5.4% | $851,000 +25.1% |
| 2021 | $9,856 +3.6% | $680,000 +3.2% |
| 2020 | $9,517 -3.4% | $659,000 +7% |
| 2019 | $9,856 +3.6% | $616,000 +0.2% |
| 2018 | $9,517 +5.2% | $615,000 +4.9% |
| 2017 | $9,045 +10.3% | $586,000 +11% |
| 2016 | $8,198 +7% | $528,000 -4.2% |
| 2015 | $7,660 -2.4% | $551,000 +13.8% |
| 2014 | $7,846 +11.5% | $484,000 +1% |
| 2013 | $7,036 -10.7% | $479,000 -13.5% |
| 2012 | $7,883 -2.5% | $554,000 -4% |
| 2011 | $8,087 +1.3% | $577,000 -5.3% |
| 2010 | $7,980 +1.4% | $609,000 -2.9% |
| 2009 | $7,870 +24.5% | $627,000 +23.2% |
| 2006 | $6,323 +15.8% | $508,800 +17.3% |
| 2005 | $5,459 +8.1% | $433,800 +15% |
| 2004 | $5,052 +7.2% | $377,300 +12% |
| 2002 | $4,712 -30.9% | $336,900 |
| 2001 | $6,822 | -- |
Find assessor info on the county website
Neighborhood: 55441
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Nearby schools
GreatSchools rating
- 8/10Sunset Hill Elementary SchoolGrades: K-5Distance: 1.9 mi
- 9/10Wayzata East Middle SchoolGrades: 6-8Distance: 1.5 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.5 mi
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Estimated market value
$1,048,200
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Estimated market value
$1,048,200
- Minnesota
- Hennepin County
- Medicine Lake
- 55441
- 169 Peninsula Rd
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