115 Peninsula Road

Medicine Lake MN 55441

2950 sq. ft.

0.57 ac.

Duplex

Last sold for $670,000

Jesse Swanson, last sold this property on 15 May 2026 after 70 days on market.

Overview

A rare gem in the heart of Medicine Lake, this exceptional owner-occupied duplex is a dream opportunity for both investors and homeowners alike. Featuring two generously sized units, each offering updated kitchens, three bedrooms, and two bathrooms, this property effortlessly combines comfort and practicality. Set on a sprawling half-acre lot, you'll enjoy plenty of yard space, mature trees for added privacy, and the convenience of a three-car detached garage. Nestled in the prestigious Wayzata school district and surrounded by multi-million-dollar homes, this is the only single-owner duplex in Medicine Lake—a truly unique find. Location is key, and this property shines with its proximity to the Luce Line Trail system, Medicine Lake Regional Parks, and a quick 15-minute drive to downtown Minneapolis. For investors, Unit 2 has been rented on a month-to-month basis since 2019 at $1,900 per month, with tenants covering separate utilities—making it a hassle-free income stream. Don’t miss your chance to own this one-of-a-kind property in a highly sought-after community. Whether you're looking to invest or create your own tranquil retreat, Medicine Lake offers the lifestyle and location you’ve been waiting for.

Features

6 bedrooms

4 bathrooms

3 carspaces

3 garage spaces

2950 sq. ft. floor area

0.57 ac. lot size

Duplex

Estimated Value

We need at least 3 similar 6 bedroom duplexes sold in Medicine Lake over the last 12 months.

Property history for 115 Peninsula Road

2026

Sold

$670,000

15 May 2026 by Jesse Swanson, of Compass

Happy sellers in Medicine Lake

We have insufficient information to provide an overview of customer satisfaction for Medicine Lake. Viewing the agent profiles, reviews and sales for Medicine Lake can provide insights for this location.