$10,000 Closing Credit¹
#6709158, Listing office: Compass
$1,995,000 List price
176 Peninsula Rd Medicine Lake, MN 55441
$10,000
Closing credit¹
4 beds
2 full
4,651 sqft
$429 / sqft
House
Property details
About 176 Peninsula Rd
Experience luxury lakefront living in this beautifully updated 4-bedroom, 3-bath executive home on the sought-after Peninsula of Medicine Lake. Designed for comfort, entertainment, and relaxation, this thoughtfully enhanced property offers exceptional amenities and high-end finishes throughout. Interior highlights include: a Chef’s kitchen fully remodeled in 2018 featuring Sub-Zero and Wolf appliances, custom quartz waterfall countertops, and rich walnut cabinetry. Expanded in 2015 to include a welcoming new front entrance, spacious foyer, additional bedroom, and a large walk-in primary closet. Recently completed updated main-floor bath with classic subway tile, a new vanity, and custom glass shower door. The spacious primary bedroom has gorgeous hardwood floors and incredible lake views. The walkout lower level has a 20x40 sport court added in 2018 complete with dual basketball hoops and a batting cage. Plus a family room, 3/4 bathroom and theater room. Outside, it’s your own private escape. Enjoy the Paladium Plunge Pool (installed in 2021) with an integrated poolside TV and professionally landscaped surroundings. A composite deck and solar panels (installed in 2016) add to the home’s function and efficiency, along with an EV charger conveniently located in the garage. the wired 4-camera security system (2022) gives added peace of mind. All of this, just steps from the Luce Line Trail, groomed ski trails, and located in the award-winning Wayzata school district. This rare Medicine Lake gem has it all, high-end upgrades, outdoor adventure, and year-round comfort.
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 #6711070
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: $1,995,000
- Price/SqFt: $428
- 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: 6711070
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$1,995,000
176 Peninsula Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 07, 2013 | Home Sold | $695,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $64,754. The most common annual income of people living in Medicine Lake, MN is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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 Opera
Hiking/backpacking
Continuing Education Courses
Where do the neighbors shop?
Chico's
Nordstrom Rack
Express/Express For Men
Where do the neighbors go to eat?
Boston Market
Chipotle
Qdoba
What do the neighbors drive?
Volvo
Mazda
Volkswagen
What do the neighbors listen to?
Talk/Personality
Rock
Urban 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 $1,995,000.
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 May 13, 2025 and is currently priced at $1,995,000.
From Rocket Homes Real Estate and based on county public records data.