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$1,650,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 4,651 Sq. Ft.
  • 3 Car Garage
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Beautiful Medicine Lake living. One of the only large, fully recreational lakes in the heart of the city. Just 7 miles to the North Loop, 5 miles to downtown Wayzata, and 20 miles to the airport. Enjoy sweeping lake views from the fully remodeled main level and from the upper-level primary suite and office. The chef's kitchen features Sub-Zero and Wolf appliances, stunning custom quartz waterfall countertops, and rich walnut cabinetry. The main floor also includes a newly remodeled ¾ bath and an expanded, maintenance-free deck overlooking the lake and professionally landscaped yard. Upstairs, the primary suite and office showcase hardwood floors and panoramic lake views. The spa-like bath includes a walk-in tile shower, while the oversized walk-in closet features a center island dresser. The walkout lower level offers two family rooms, a ¾ bath with steam shower, and an incredible 40'x20' sport court with two basketball hoops and batting cage-ideal for customization into a golf simulator, yoga studio, or gym. The backyard is a true retreat, with extensive landscaping and a Paladium Plunge Pool (Spa) that functions as both a hot tub and pool. Energy-efficient solar panels (installed 2016, credits through 2026) and a camera-wired home security system (2022) add modern convenience. All this within award-winning Wayzata Schools, with groomed cross-country ski trails on the lake and the Luce Line Trail just steps away.

Full Property Details for 176 Peninsula Rd

General

  • Price: $1,650,000
  • Taxes: $22,071 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6796833
  • Updated: 12/19/2025
  • Added to Site: 109 day(s) ago

Interior

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Wine Cooler

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Breakfast Bar, Breakfast Area, Eat-In Kitchen, Kitchen/Dining Room
  • Formal Dining Room: Breakfast Bar, Breakfast Area, Eat In Kitchen, Kitchen/Dining Room
  • Laundry: Laundry Room, Main Level, Laundry Room, Main Level

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Hot Tub, Indoor Sprinklers, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Patio, Paneled Doors, Tile Floors, Walk-In Closet

Exterior

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

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached Garage, Concrete, Electric Vehicle Charging Station(s), Garage Door Opener, Guest Parking

Location

  • County: Hennepin
  • Township: Medicine Lake
  • Subdivision: Medicine Lake Park 1st Div
  • Driving Directions: From 169 to Hwy 55. West to Medicine Lake Road, north to Peninsula Rd. On the right side

School Information

  • School District: 1280 - Wayzata
  • High School District: Wayzata

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Ductless Mini-Split, Dual
  • Heating Type: Ductless Mini-Split, Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Drain Tiles, Egress Window(s), Finished, Full, Tile Shower, Walk-Out
  • Foundation Size: 1632
  • Roof: Age 8 Years or Less, Architectural Shingle
  • Disability Access: None
  • Square Feet: 4,651
  • Above Ground: 2,232 Sq. Ft.
  • Below Ground: 2,236 Sq. Ft.
  • Year Built: 1925

Additional Structures

  • Other Structures: Pool House

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Dimensions: 255 x 50
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 50
  • Water Front Elev.: 0-4
  • Lake Front: Yes
  • Lake Bottom: Sand

Financial Considerations

  • Tax Amount: $22,071
  • Tax Year: 2025
  • Terms: Conventional, VA, Cash

Disclosures and Reports

  • Legal Description: LOT 015 BLOCK 005 MEDICINE LAKE PARK 1ST DIV
  • Property ID: 2511822230003

Listed by RE/MAX Results

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— 176 Peninsula Rd —

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Schools serving 176 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 176 Peninsula Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2025
Listed
$1,650,000
137.41%
MLS
1/03/2013
Sold
$695,000
—
Public Record
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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 176 Peninsula Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,072
7%
$1,565,800
5%
2023
$20,547
28%
$1,497,600
31%
2023
$16,105
—
$1,141,000
21%
2023
$16,105
7%
$944,000
2%
2020
$15,079
24%
$925,000
17%
2019
$12,116
-2%
$790,000
1%
2018
$12,384
14%
$784,000
5%
2017
$10,817
10%
$745,000
14%
2016
$9,801
-4%
$651,000
-6%
2015
$10,178
8%
$689,000
11%
2014
$9,397
5%
$622,000
5%
2013
$8,986
—
$592,000
—
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.

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176 Peninsula Road, Medicine Lake, MN 55441 (MLS# 6796833) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 176 Peninsula Road is currently listed for $1,650,000 and was received on September 30, 2025. Want to learn more about 176 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.

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