176 Peninsula Rd

Medicine Lake MN 55441

4651 sq. ft.

0.3 ac.

Single-Family

Last sold for $1,650,000

Matt Engen, last sold this property on 27 January 2026 after 1070 days on market.

Overview

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.

Features

4 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

4651 sq. ft. floor area

0.3 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Medicine Lake over the last 12 months, the estimated median property value of 176 Peninsula Rd is $520.75k.

Median value

$520.75k

Estimated value range

$335k - $1.65m

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Medicine Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 176 Peninsula Rd

2026

Sold

$1,650,000

27 Jan 2026 by Matt Engen, of RE/MAX Results

2013

Sold

$695,000

03 Jan 2013 by Susan Blixrud, of Coldwell Banker Realty

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.