Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,695,000 Coming Soon

  • For Sale
  • Coming Soon
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 3 Partial Baths
  • 3,043 Sq. Ft.
  • 5 Car Garage
  • Updated 3 days ago

Next open house:

Open House: 4:00 PM - 6:00 PM

Thursday 8/20 4:00 PM - 6:00 PM

162 Peninsula Road,Medicine Lake, MN 55441

162 Peninsula RoadMedicine LakeMN55441

Get directions

View more dates

Join us at 162 Peninsula Road on:

  • Open House: 10:00 AM - 12:00 PM

    Saturday 8/22 10:00 AM - 12:00 PM

    162 Peninsula Road,Medicine Lake, MN 55441
    162 Peninsula RoadMedicine LakeMN55441
See This Home
Save This Home
See This Home
Save This Home
Private oasis on Medicine Lake, 10 Minutes from Downtown Minneapolis. Taken down to the studs after its 2004 purchase, this home sits back from the road behind mature gardens and a curving driveway - private, quiet, and in the top-rated Wayzata School District. A heated saltwater pool (rebuilt 2016) anchors the outdoor living, with multiple patios and decks, including dining deck under a fairy-lit mature vine canopy- all with panoramic views of the lake. A graded path leads down to the lake and dock. Inside, an open kitchen and great room center on an oversized slider framing the water, warmed by a slate-faced fireplace. Three upper bedrooms with three baths, and a lower-level primary suite with lake views, jetted tub, and steam shower. Attached garage with utility room, plus a detached 3-car garage with boat storage. City sewer updated and water installed in 2025. No HOA.

Full Property Details for 162 Peninsula Rd

General

  • Price: $1,695,000
  • Taxes: $20,582 (2026)
  • Status: Coming Soon
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7114365
  • Updated: 8/13/2026
  • Added to Site: 5 day(s) ago
  • Expected Market Date: 8/20/2026

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Amusement Room, Family Room, Freestanding, Full Masonry, Gas, Insert
  • Appliances: Central Vacuum, Chandelier, Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room, Kitchen/Dining Room
  • Formal Dining Room: Informal Dining Room, Kitchen/Dining Room
  • Laundry: Lower Level, Laundry Room, Sink, Lower Level, Laundry Room, Sink

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Dock, Ethernet Wired, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Panoramic View, Skylight, In-Ground Sprinkler, Vaulted Ceiling(s), Walk-In Closet
  • Pool: Yes
  • Pool Description: Below-Ground, Heated, Indoor

Exterior

  • Porch/Patio/Deck: Composite Decking, Covered, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 5
  • Parking Features: Attached Garage, Asphalt, Electric, Garage Door Opener, Multiple Garages

Location

  • County: Hennepin
  • Township: Medicine Lake
  • Subdivision: Medicine Lake Park 1st Div
  • Driving Directions: Hwy 55 to South Shore Drive, West to Peninsula Road

School Information

  • School District: 284 - Wayzata
  • High School District: Wayzata

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected), Well

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Tile Shower, Walk-Out
  • Foundation Size: 1900
  • Roof: Age 8 Years or Less, Architectural Shingle
  • Disability Access: None
  • Square Feet: 3,043
  • Above Ground: 1,900 Sq. Ft.
  • Below Ground: 1,819 Sq. Ft.
  • Finished Down/Base.: 3,719 Sq. Ft.
  • Year Built: 1982

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Dimensions: 75 x 335
  • Frontage: City Street, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Island/Peninsula, Medium Tree Coverage
  • Fencing (Description): Invisible

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 75
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $20,582
  • Tax Year: 2026
  • Terms: Conventional, VA, Cash

Disclosures and Reports

  • Legal Description: BLOCK 005 MEDICINE LAKE PARK 1ST DIV LOT 9 AND THAT PART OF SELY 1/2 OF LOT 10 LYING SELY OF NWLY 10 FT THOF
  • Property ID: 2511822320048

Listed by RE/MAX Results

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 162 Peninsula Rd —

  • RE/MAX Results

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 162 Peninsula Rd

School District:Wayzata Public School District
NameGradesDistance
Sunset Hill Elementary School
13005 Sunset Trail, Plymouth, MN 55441
K-51.9 mi
Wayzata East Middle School
12000 Ridgemount Avenue West, Plymouth, MN 55441
6-81.6 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-125.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 162 Peninsula Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/13/2026
Listed
$1,695,000
95.95%
MLS
5/28/2004
Sold
$865,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 162 Peninsula Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,582
4%
$1,405,700
—
2025
$19,736
7%
$1,409,300
4%
2023
$18,472
10%
$1,355,000
14%
2023
$16,824
—
$1,188,000
20%
2023
$16,824
8%
$988,000
4%
2020
$15,565
5%
$952,000
1%
2019
$14,802
1%
$946,000
4%
2018
$14,641
10%
$911,000
1%
2017
$13,369
11%
$900,000
16%
2016
$11,994
2%
$777,000
-1%
2015
$11,749
5%
$782,000
8%
2014
$11,174
—
$723,000
1%
2013
$11,164
—
$714,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 162 Peninsula Rd

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Results

Similar Properties near 162 Peninsula Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2300 Bantas Point Rd, Wayzata, MN 55391 - Photo 1
$1,700,000

2300 Bantas Point Rd  Wayzata, MN 55391

  • Single Family
  • Active
  • 4
    Beds
  • 5
    Total Baths
  • 4,315
    Sq. Ft.
Listed by Home Avenue Flat Fee Realty
14250 Trace Ridge Rd, Wayzata, MN 55391 - Photo 1
$1,649,000

14250 Trace Ridge Rd  Wayzata, MN 55391

  • Single Family
  • Active
  • Updated 8 days ago
  • 4
    Beds
  • 5
    Total Baths
  • 5,637
    Sq. Ft.
Listed by American Realty Services, Inc.
208 Byrondale Ave, Wayzata, MN 55391 - Photo 1
$1,620,000

208 Byrondale Ave  Wayzata, MN 55391

  • Single Family
  • Active
  • 4
    Beds
  • 4
    Total Baths
  • 4,466
    Sq. Ft.
Listed by Keller Williams Premier Realty Lake Minnetonka
5104 Thotland Rd, Golden Valley, MN 55422 - Photo 1
$1,749,000

5104 Thotland Rd  Golden Valley, MN 55422

  • Single Family
  • Active
  • 3
    Beds
  • 4
    Total Baths
  • 3,345
    Sq. Ft.
Listed by Investoration Real Estate

Just Listed near 162 Peninsula Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4040 Nathan Ln N, Plymouth, MN 55441 - Photo 1 Just Listed
$349,900

4040 Nathan Ln N  Plymouth, MN 55441

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,967
    Sq. Ft.
Listed by Kelle Bowe (612) 518-8762 and Trent Bowe (612) 709-6691
4122 Goldenrod Ln N, Plymouth, MN 55441 - Photo 1 Just Listed
$254,900

4122 Goldenrod Ln N  Plymouth, MN 55441

  • Townhouse
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,220
    Sq. Ft.
Listed by Rhonda Wilson (612) 860-0189
17015 24th Ave N, Plymouth, MN 55447 - Photo 1 Just Listed
$659,900
Open House

17015 24th Ave N  Plymouth, MN 55447

  • Single Family
  • Active
  • Updated 6 hours ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,021
    Sq. Ft.
Listed by RE/MAX Advantage Plus
10720 Rockford Rd, Plymouth, MN 55442 - Photo 1 Just Listed
$124,900

10720 Rockford Rd  #305  Plymouth, MN 55442

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 904
    Sq. Ft.
Listed by Fireside Realty LLC

Price Reduced near 162 Peninsula Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

16865 46th Ave N, Plymouth, MN 55446 - Photo 1 Price Reduced
-$39,100 (-2.17%)
$1,759,900

16865 46th Ave N  Plymouth, MN 55446

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 6
    Total Baths
  • 5,378
    Sq. Ft.
Listed by Tim Beduhn (612) 275-4205
5310 Black Oaks Ln N, Plymouth, MN 55446 - Photo 1 Price Reduced
-$30,000 (-2.73%)
$1,069,000

5310 Black Oaks Ln N  Plymouth, MN 55446

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 5,110
    Sq. Ft.
Listed by Allison LeMond (651) 252-7227
1501 Comstock Ln N, Plymouth, MN 55447 - Photo 1 Price Reduced
-$25,000 (-4.55%)
$524,900

1501 Comstock Ln N  Plymouth, MN 55447

  • Townhouse
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,476
    Sq. Ft.
Listed by Mark Carrier (609) 335-6660
4989 Archer Ln N, Plymouth, MN 55446 - Photo 1 Price Reduced
-$10,000 (-2.38%)
$410,000

4989 Archer Ln N  Plymouth, MN 55446

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,489
    Sq. Ft.
Listed by Mauzy Properties

Recent Sales near 162 Peninsula Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

178 Peninsula Rd, Medicine Lake, MN 55441 - Photo 1 Sold
$1,750,000

178 Peninsula Rd  Medicine Lake, MN 55441

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 4,001
    Sq. Ft.
Listed by eXp Realty
Sold by Fazendin REALTORS
18 Balsam Ln N, Plymouth, MN 55441 - Photo 1 Sold
$1,450,000

18 Balsam Ln N  Plymouth, MN 55441

  • Single Family
  • Closed
  • Updated 6 days ago
  • 5
    Beds
  • 5
    Total Baths
  • 4,082
    Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Edina Realty, Inc.
11641 Cedar Pass, Hopkins, MN 55305 - Photo 1 Sold
$1,591,000

11641 Cedar Pass  Hopkins, MN 55305

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,813
    Sq. Ft.
Listed by Cindy Redmond and Madeline Redmond
Sold by Petersen Team
14520 4th Ave N, Plymouth, MN 55447 - Photo 1 Sold
$1,571,900

14520 4th Ave N  Plymouth, MN 55447

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 5,587
    Sq. Ft.
Listed by Michelle Skott Morgan and Patrick Morgan
Sold by Tyler Hare

162 Peninsula Road, Medicine Lake, MN 55441 (MLS# 7114365) is a Single Family property with 4 bedrooms, 2 full bathrooms and 3 partial bathrooms. 162 Peninsula Road is currently listed for $1,695,000 and was received on August 13, 2026. Want to learn more about 162 Peninsula Road? Do you have questions about finding other Single Family real estate for sale in Medicine Lake? You can browse all Medicine Lake real estate or contact a Coldwell Banker agent to request more information.

Tour this property