178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
178 Peninsula RD, Medicine Lake, MN 55441
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$1,700,000
Est. payment /mo
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5 Beds
4 Baths
4,001 SqFt
Coming Soon

178 Peninsula RD Medicine Lake, MN 55441

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,001 sqft

Price per Sqft $424

Subdivision Medicine Lake Park 1St Div

MLS Listing ID 7058094

Bedrooms 5

Full Baths 2

Half Baths 1

Three Quarter Bath 1

Year Built 1978

Annual Tax Amount $18,640

Tax Year 2025

Contingent None

Lot Size 0.280 Acres

Lot Dimensions 50x244x50x252

Property Sub-Type Single Family

Property Description

This one is MAGICAL. The kind of opportunity buyers wait decades for. UPDATED + STUNNING w/ 50 ft of lakeshore on sought-after Medicine Lake in top-rated WAYZATA SCHOOLS. Turnkey, move-in ready & meticulously maintained w/ expansive lake views on all 3 levels. Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light & bringing lake life into nearly every room. Recently updated throughout w/ designer touches & wood flooring on ML. Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop) opens to informal Dining & Living Room w/ dramatic floor-to-ceiling 2-sided stone fireplace & Formal Dining w/ built-ins. Walk out to oversized deck w/ modern cable railing overlooking the lake—an incredible extension of the living space to relax, entertain & enjoy expansive water views plus the peaceful setting w/ eagles, loons, swans & beautiful lake wildlife often nearby. ML also includes 2 Beds both opening to oversized deck above garage. UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace, expansive lake views, walk-in closet w/ organizational system & spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters. UL also includes addt'l Bed/Office/Flex Space & tons of hidden storage. Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar w/ soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area. LL also w/ addt'l Bed, 3/4 Bath & Laundry Room w/ front-load washer/dryer. Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake. Storage shed + storage box included. NEW ROOF in 2019. **Extensively upgraded since purchase ($450K-$500K invested), please see supplement for full list of improvements.** Enjoy lake life on Medicine Lake—the 2nd largest lake in Hennepin County—offering boating, kayaking, paddle boarding, fishing & miles of trails for walking, running & biking. Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful while still being just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shops & downtown Minneapolis. Surrounded by nature, it feels up north while still enjoying all the conveniences of the city. AN ABSOLUTE GEM!

Location

State MN

County Hennepin

Zoning Residential-Single Family

Rooms

Basement Finished, Full

Dining Room Eat In Kitchen, Separate/Formal Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 3

Fireplaces Type Family Room, Living Room, Primary Bedroom, Wood Burning

Fireplace Yes

Appliance Humidifier, Water Softener Owned

Exterior

Parking Features Attached Garage

Garage Spaces 2.0

Waterfront Description Lake Front

View Y/N Lake

View Lake

Roof Type Age 8 Years or Less

Road Frontage N

Building

Lot Description Island/Peninsula

Story Two

Foundation 1618

Sewer City Sewer/Connected

Water Well

Level or Stories Two

New Construction false

Schools

School District Wayzata


Listed by Kelly Brown • eXp Realty

NEARBY SCHOOL & BUSINESS

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Taylor Doolittle

Taylor Doolittle

Team Co-Lead | License ID: 40536620

+1(952) 567-9939

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178 Peninsula RD