Date
Details
Price
Change
Source
3/12/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare Medicine Lake opportunity! Enjoy 100 feet of level, south-facing lakeshore on nearly one acre. Tucked at the end of a long private drive, this exceptional property offers a peaceful, secluded setting with an "up north" feel-just 15 minutes from downtown Minneapolis. The home features true one-level living and is filled with natural light, showcasing beautiful lake views throughout. Whether you're looking to enjoy the home as-is, renovate, or expand the footprint, the nearly acre-sized lot and premium shoreline create outstanding long-term potential. The renovated kitchen blends timeless style with modern function, featuring white upper cabinets, navy lower cabinets, granite countertops, designer tile backsplash, stainless-steel appliances, and a center island with beverage fridge. The eat-in kitchen opens directly to a spacious maintenance-free deck with sun shading pergola, perfect for outdoor dining, entertaining, or relaxing while taking in sunset views over the lake. A vaulted informal dining and family room with fireplace and custom built-ins provides a warm and inviting space for gatherings. Located on the peninsula in the charming Village of Medicine Lake, this property offers a unique small-town atmosphere while being part of the Wayzata School District. Survey available. One owner home. Lakefront properties with this much level shoreline and land are incredibly rare-don't miss this opportunity.
Full Property Details
Full Property Details for 217 Peninsula Rd
General
- Price: $1,000,000
- Taxes: $14,524 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7027357
- Updated: Today (3/12/2026)
- Added to Site: Today
Interior
- Number of Fireplaces: 1
- Fireplace(s): Electric, Family Room
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Living/Dining Room
- Formal Dining Room: Eat In Kitchen, Living/Dining Room
- Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup, Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Additional Information
- Amenities: Cable, Ceiling Fan(s), Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Panoramic View, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Composite Decking, Deck, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Detached Garage, Gravel, Asphalt, Garage Door Opener
Location
- County: Hennepin
- Township: Medicine Lake
- Subdivision: Medicine Lake Park 1st Div
- Driving Directions: From Hwy 55 go N on Shore Dr, S Shore continues to your left, turn left onto Peninsula to home.
School Information
- School District: 1280 - Wayzata
- High School District: Wayzata
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Boiler, Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: Well
Structural Information
- Basement: Yes
- Basement Desc.: Crawlspace
- Foundation Size: 1400
- Roof: Asphalt
- Disability Access: None
- Square Feet: 1,400
- Above Ground: 1,400 Sq. Ft.
- Finished Down/Base.: 1,400 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.89
- Lot Dimensions: 98 x 395
- Frontage: City Street, Paved Streets
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline, Island/Peninsula, Medium Tree Coverage
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 100
- Water Front Elev.: 0-4
- Lake Front: Yes
Financial Considerations
- Tax Amount: $14,524
- Tax Year: 2026
- Terms: Conventional, VA, Cash
Disclosures and Reports
- Legal Description: LOT 006 BLOCK 009 MEDICINE LAKE PARK 1ST DIV
- Property ID: 2611822140057
Listed by Edina Realty, Inc.
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Listing agents
— 217 Peninsula Rd —
Edina Realty, Inc.
NMLS#: 1598647
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Schools
Schools serving 217 Peninsula Rd
School District:Wayzata Public School District
| Name | Grades | Distance |
|---|---|---|
Sunset Hill Elementary School 13005 Sunset Trail, Plymouth, MN 55441 | K-5 | 1.9 mi |
Wayzata East Middle School 12000 Ridgemount Avenue West, Plymouth, MN 55441 | 6-8 | 1.6 mi |
Wayzata High School 4955 Peony Lane North, Plymouth, MN 55446 | 9-12 | 5.3 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 217 Peninsula Rd
Tax History
Tax History for 217 Peninsula Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,978
11%
$1,090,400
8%
2023
$13,437
9%
$1,009,000
13%
2023
$12,342
—
$895,000
24%
2023
$12,342
13%
$723,000
4%
2020
$10,885
6%
$692,000
1%
2019
$10,291
—
$684,000
3%
2018
$10,307
9%
$667,000
1%
2017
$9,417
10%
$660,000
13%
2016
$8,600
-1%
$582,000
-3%
2015
$8,691
10%
$601,000
12%
2014
$7,903
2%
$537,000
3%
2013
$7,720
—
$521,000
—
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
Estimate the Cost for 217 Peninsula Rd
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217 Peninsula Road, Medicine Lake, MN 55441 (MLS# 7027357) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 217 Peninsula Road is currently listed for $1,000,000 and was received on March 12, 2026. Want to learn more about 217 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.