217 Peninsula Road

Medicine Lake MN 55441

1400 sq. ft.

0.89 ac.

Single-Family

Last sold for $915,000

Andrew Baer, last sold this property on 08 May 2026 after 300 days on market.

Overview

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.

Features

2 bedrooms

2 bathrooms

3 carspaces

3 garage spaces

1400 sq. ft. floor area

0.89 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Medicine Lake over the last 12 months, the estimated median property value of 217 Peninsula Road is $360k.

Median value

$360k

Estimated value range

$234k - $915k

Median days on market

Estimated value trend

21%

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 217 Peninsula Road

2026

Sold

$915,000

08 May 2026 by Andrew Baer, of Edina Realty, Inc.

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.