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Pending
  • $850,000

    225 Peninsula Rd, Medicine Lake, MN 55441

    2beds
    2,275sqft
    : 
    $5,689/mo
    Get pre-qualified
    Twin Home
    Built in 1987
    0.35 Acres Lot
    $851,600 Zestimate®
    $374/sqft
    $-- HOA

    What's special

    Tucked at the end of the peninsula on Medicine Lake, this well-maintained home delivers the privacy and space most buyers dream of. Enjoy nearly 40 feet of southwest-facing lakeshore with open views across the water to an undeveloped peninsula — no homes or docks, just pure tranquility. A long driveway leads back to the home on a private .35-acre lot, immediately creating a sense of seclusion. From the moment you arrive, the setting feels more like a Northwoods retreat than a metro address, with mature trees and peaceful surroundings that belie the fact you are only minutes from downtown Minneapolis. A very well-maintained home, inside and out, this home shows the pride of ownership at every turn. Recent improvements include a new roof with high-end 50-year shingles, a new air conditioning system and newly connected city water. Along with past upgrades and renovations, this home is move in ready. Medicine Lake itself is one of the west metro’s true hidden gems: a fully recreational lake with excellent fishing, boating, paddling, and wildlife (think eagles, loons, and quiet mornings on the water). Just steps away from the home is a beautiful community park, featuring new playground equipment, two pickleball courts, and tennis courts, adding even more convenience and recreation right in the neighborhood. This home is in the top-rated Wayzata school district and close to trails, shopping, and dining. This is a rare opportunity to own a home on the sought-after peninsula of Medicine Lake with an unusually open and private view. 225 Peninsula Road is waiting...
    42 days
    105
    4

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Hans C Zinn 612-964-8111,

    Coldwell Banker Realty,

    Max C Zinn 612-281-7060

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7123918MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 209 Square Feet
      • Dimensions: 19x11
      Bedroom 2
      • Level: Upper
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Deck
      • Level: Main
      • Area: 462 Square Feet
      • Dimensions: 33x14
      Family room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Foyer
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 11x9
      Informal dining room
      • Level: Main
      • Area: 108 Square Feet
      • Dimensions: 12x9
      Kitchen
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Laundry
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 12x6
      Living room
      • Level: Main
      • Area: 304 Square Feet
      • Dimensions: 19x16
      Loft
      • Level: Upper
      • Area: 380 Square Feet
      • Dimensions: 20x19
      Sun room
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Walk in closet
      • Level: Upper
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
      • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
      Features
      • Basement: Crawl Space,Full
      • Number of fireplaces: 1
      • Fireplace features: Gas, Living Room, Stone
      Interior area
      • Total structure area: 2,275
      • Total interior livable area: 2,275 sqft
      • Finished area above ground: 2,275
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Gravel, Asphalt, Shared Driveway, Garage, Garage Door Opener, Guest, Insulated Garage
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch, Rear Porch, Wrap Around
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Lake, South, West
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Dock, Lake Front, Lake View
      • Frontage length: Water Frontage: 38
      Lot
      • Size: 0.35 Acres
      • Dimensions: 38 x 399 x 38 x 396
      • Features: Accessible Shoreline, Tree Coverage - Heavy
      Details
      • Foundation area: 1828
      • Parcel number: 2611822140059
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Twin Home
      • Attached to another structure: Yes
      Materials
      • Concrete
      • Roof: Age 8 Years or Less,Asphalt,Flat,Pitched
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Medicine Lake Park 1st Div
      HOA
      • Has HOA: No
      Location
      • Region: Medicine Lake

      Financial & listing details

      • Price per square foot: $374/sqft
      • Tax assessed value: $682,800
      • Annual tax amount: $9,168
      • Date on market: 8/20/2026
      • Cumulative days on market: 35 days
      • Road surface type: Paved

        Estimated market value

        $851,600

        $809,000 - $894,000

        $2,986/mo

        Price history

        DateEventPrice
        8/28/2026Pending sale$850,000$374/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7123918 Report a problem
        8/23/2026Listing removed$850,000$374/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7123918 Report a problem
        8/22/2026Listed for sale$850,000+357%$374/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7123918 Report a problem
        6/3/1997Sold$186,000$82/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$9,168 +0.6%$682,800 +1.2%
        2025$9,116 +4.9%$674,500 -3.3%
        2024$8,686 +6.4%$697,500 +2.2%
        2023$8,165 +9.3%$682,600 +9.7%
        2022$7,467 +5.2%$622,000 +21%
        2021$7,101 -1.5%$514,000 +3%
        2020$7,207 +1.5%$499,000 +2.9%
        2019$7,101 -1.5%$485,000 +1%
        2018$7,207 +6.7%$480,000 +6%
        2017$6,752 +9.9%$453,000 +9.7%
        2016$6,145 +3.7%$413,000 +6.4%
        2015$5,924 +9.9%$388,000 -1%
        2014$5,392 -4.1%$392,000 +1.8%
        2013$5,622 +5.4%$385,000
        2012$5,334 -1.9%$385,000 -3.8%
        2011$5,436 +0.5%$400,000 -6.8%
        2010$5,410 +2.2%$429,000 -2.5%
        2009$5,294 +23.1%$440,000 +25%
        2006$4,301 +14.6%$351,900 +15%
        2005$3,754 -4.9%$306,000 +1.9%
        2004$3,946 +7.3%$300,400 +12%
        2002$3,677 -30.4%$268,300
        2001$5,282 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55441

        Getting around

        10 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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