178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
Matt Wright
Matt Wright

+1(612) 834-9730

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$ 1,750,000

$ 1,700,000 2.9%

Est. payment | /mo

5 Beds

4 Baths

4,001 SqFt

$ 1,750,000

$ 1,700,000 2.9%

Est. payment | /mo

5 Beds

4 Baths

4,001 SqFt

Key Details

Sold Price $1,750,000

Property Type Single Family Home

Sub Type Single Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,001 sqft

Price per Sqft $437

Subdivision Medicine Lake Park 1St Div

MLS Listing ID 7058094

Sold Date 07/17/26

Bedrooms 5

Full Baths 2

Half Baths 1

Three Quarter Bath 1

Year Built 1978

Annual Tax Amount $18,640

Tax Year 2025

Contingent None

Lot Size 0.280 Acres

Lot Dimensions 50x244x50x252

Property Sub-Type Single Family

Property Description

Offer Received- OFFERS DUE by 4PM on Sunday, 5/31/26. This one is MAGICAL. The kind of opportunity buyers wait decades for. UPDATED + STUNNING w/ 50 ft of lakeshore on sought-after Medicine Lake in top-rated WAYZATA SCHOOLS. Turnkey, move-in ready & meticulously maintained w/ expansive lake views on all 3 levels. Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light & bringing lake life into nearly every room. Recently updated throughout w/ designer touches & wood flooring on ML. Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop) opens to informal Dining & Living Room w/ dramatic floor-to-ceiling 2-sided stone fireplace & Formal Dining w/ built-ins. Walk out to oversized deck w/ modern cable railing overlooking the lake—an incredible extension of the living space to relax, entertain & enjoy expansive water views plus the peaceful setting w/ eagles, loons, swans & beautiful lake wildlife often nearby. ML also includes 2 Beds both opening to oversized deck above garage. UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace, expansive lake views, walk-in closet w/ organizational system & spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters. UL also includes addt'l Bed/Office/Flex Space & tons of hidden storage. Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar w/ soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area. LL also w/ addt'l Bed, 3/4 Bath & Laundry Room w/ front-load washer/dryer. Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake. Storage shed + storage box included. NEW ROOF in 2019. **Extensively upgraded since purchase ($450K-$500K invested), pls see supplement for full list of improvements.** Enjoy lake life on Medicine Lake—the 2nd largest lake in Hennepin County—offering boating, kayaking, paddle boarding, fishing & miles of trails for walking, running & biking. Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground. Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful while still being just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shops & downtown Minneapolis. Surrounded by nature, it feels up north while still enjoying all the conveniences of the city. AN ABSOLUTE GEM!

Location

State MN

County Hennepin

Zoning Residential-Single Family

Body of Water [{\"WaterBodyName\":\"Medicine\", \"LakeAcres\":924.37, \"WaterBodyKey\":\"101350\", \"NST_LakeChain\":\"N\", \"BodyOfWaterNumber\":\"27010400\", \"LakeDepth\":49, \"NST_LakeClass\":\"General Development\"}]

Rooms

Basement Finished, Full

Dining Room Eat In Kitchen, Separate/Formal Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 3

Fireplaces Type Family Room, Living Room, Primary Bedroom, Wood Burning

Fireplace Yes

Appliance Humidifier, Water Softener Owned

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Waterfront Description Lake Front

View Y/N Lake

View Lake

Roof Type Age 8 Years or Less

Road Frontage N

Building

Lot Description Island/Peninsula

Story Two

Foundation 1618

Sewer City Sewer/Connected

Water Well

Level or Stories Two

New Construction false

Schools

School District Wayzata

Listed by Kelly Brown • eXp Realty
Nearby Locations

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Matt Wright
Matt Wright

+1(612) 834-9730

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178 Peninsula RD