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4 Beds
5 Baths
3,043 sqft

$1,600,000

162 Peninsula Road, Medicine Lake MN, 55441

Price per sqft$525.80
Built in1982
Property size3,043 sqft
Property typeResidential
Courtesy of RE/MAX Results, Marta Jackson Listing Contact:

Overview

Pending

Listed Aug 13, 2026

Updated 2 weeks ago

Private oasis on Medicine Lake, 10 Minutes from Downtown Minneapolis. Taken down to the studs after its 2004 purchase, this home sits back from the road behind mature gardens and a curving driveway — private, quiet, and in the top-rated Wayzata School District. A heated saltwater pool (rebuilt 2016) anchors the outdoor living, with multiple patios and decks, including dining deck under a fairy-lit mature vine canopy— all with panoramic views of the lake. A graded path leads down to the lake and dock. Inside, an open kitchen and great room center on an oversized slider framing the water, warmed by a slate-faced fireplace. Three upper bedrooms with three baths, and a lower-level primary suite with lake views, jetted tub, and steam shower. Attached garage with utility room, plus a detached 3-car garage with boat storage. City sewer updated and water installed in 2025. No HOA.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7114365

Interior Features

Bedrooms
4
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.52 Acres

Other Property Details

Taxes
$20,582
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:21 PM UTC on 9/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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