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$1,899,000

176 Peninsula Rd Medicine Lake, MN 55441

4 beds
2 full
4,651 sqft
$408 / sqft
House

Property details

About 176 Peninsula Rd

Lake life just got an upgrade. This beautifully updated 4-bedroom, 3-bath home sits on the coveted Peninsula of Medicine Lake and is designed for people who love to live, entertain, and unwind. With high-end finishes, smart updates, and a layout that balances everyday comfort with lakeside fun, it’s a rare find. The remodeled chef’s kitchen (2018) is a showstopper with quartz waterfall countertops, walnut cabinetry, and Sub-Zero and Wolf appliances. The open layout is made for gathering, and a 2015 addition added a spacious entry, a fourth bedroom, and a dreamy walk-in closet in the primary suite. Upstairs, you’ll find a newly refreshed main bath with subway tile, a custom glass shower door, and a new vanity. The primary bedroom features stunning lake views and beautiful hardwood floors. The walkout lower level is all about fun. With a 20x40 sport court with dual basketball hoops and a batting cage (2018), a cozy family room, ¾ bath, and a home theater setup. Outside is your private retreat: a Paladium Plunge Pool with integrated poolside TV (2021), composite deck, professional landscaping, and solar panels (2016) for added efficiency. Plus a 4-camera wired security system (2022) for peace of mind. Located in the award-winning Wayzata school district and just steps to the Luce Line Trail and groomed ski paths, this home is as connected to the outdoors as it is comfortable inside. If you’ve been waiting for a Medicine Lake home with style, updates, and space to play—this is the one.

Highlights

Home typeSingle Family Residence
HeatingDuctless, Forced Air
StatusActive
CoolingCentral Air, Ductless, Dual
Size4,651 sqft
BasementYes
Year built1925
ParkingDetached, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking
MLS #6750492
Garage3 spaces
WaterfrontLake Front

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking
  • Waterfront: Lake Front
  • Heating: Ductless, Forced Air
  • Cooling: Central Air, Ductless, Dual
  • List Price: $1,899,000
  • Price/SqFt: $408
  • HOA Amount: $0
  • Annual Tax Amount: $20,547
  • Tax Year: 2023
  • Lot: Many Trees
  • Directions: From 169 to Hwy 55. West to medicine lake road N. To peninsula Rd. On the right side
  • Year Built: 1925
  • Living Area: 4,651 SqFt
  • MLS Number: 6750492
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Results

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Price information

Property sales

DateEventPrice
Jan 07, 2013
Home Sold
$695,000

Tax history

YearAssessmentProperty Tax
2023$1,497,600$20,547
2022$1,141,000$16,105
2021$944,000$15,027
2020$939,000$14,681
2019$925,000$15,079
2018$790,000$12,115
2017$784,000$12,384

History based on county public records data.

Nearby schools

5

Robbinsdale Spanish Immersion Elementary School

Public Magnet KG-5

1.4 mi

8808 Medicine Lake Rd

5

Fair School Pilgrim Lane

Public Magnet KG-4

1.8 mi

3725 Pilgrim Ln N

2

Sonnesyn Elementary School

Public District KG-5

1.9 mi

3421 Boone Ave N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,754. Most Medicine Lake, MN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
32%
35k-100k
15%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
4%
Single, with Kids
26%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • QdobaQdoba

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 176 Peninsula Rd

The listing price of 176 Peninsula Rd property is $1,899,000.

The property 176 Peninsula Rd is a house located in Medicine Lake, Minnesota, 55441.

Active Listing: 176 Peninsula Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 176 Peninsula Rd are: Robbinsdale Spanish Immersion Elementary School (GreatSchools Rating 5/10), Fair School Pilgrim Lane (GreatSchools Rating 5/10), Sonnesyn Elementary School (GreatSchools Rating 2/10), Plymouth Middle School (GreatSchools Rating 2/10), East Middle School (GreatSchools Rating 8/10), Sandburg Middle School (GreatSchools Rating 2/10), Armstrong High School (GreatSchools Rating 5/10), Tier Two (GreatSchools Rating 1/10), Tier Three (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $20,547 (source: MLS/based on county public records data).

The last sale was on January 7, 2013 for $695,000 (source: MLS/tax record).

The property at 176 Peninsula Rd has 4 bedrooms and 3 bathrooms.

The property 176 Peninsula Rd is 4,651 SqFt (source: MLS/tax record).

The year of construction for 176 Peninsula Rd is 1925.

This home is located at 176 Peninsula Rd in Medicine Lake, MN and zip code 55441. This 4,651 square foot home was built in 1925. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $1,899,000.

From Rocket Homes Real Estate and based on county public records data.

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