168 Peninsula Road, Medicine Lake, MN 55441
Local realty services provided by:CENTURY 21 FM Realty
168 Peninsula Road,Medicine Lake, MN 55441
$999,900
- 5 Beds
- 3 Baths
- 3,778 sq. ft.
- Single family
- Coming Soon
Upcoming open houses
- Sat, Sep 1903:00 pm - 05:00 pm
- Sat, Sep 2611:00 am - 01:00 pm
- Sun, Sep 2711:00 am - 01:00 pm
Listed by: kelly brown
Office: exp realty
MLS#:7106043
Source:ND_FMAAR
Price summary
- Price:$999,900
- Price per sq. ft.:$180.88
About this home
RARE MEDICINE LAKE OPPORTUNITY offering 96 FEET OF LAKESHORE + TWO SEPARATE RESIDENCES—166 + 168 Peninsula—BEING SOLD TOGETHER in a sought-after peninsula setting, all in WAYZATA SCHOOLS. Located in the City of Medicine Lake—a hidden gem w/ a small-town lake community feel tucked into the heart of the West Metro. MAIN HOME | 168 PENINSULA: Filled w/ natural light + lake views featuring real hardwood floors & oversized Family Room w/ floor-to-ceiling stone fireplace. Double doors open to the Sun Room w/ vaulted ceiling, walls of windows, front walkout + access to the oversized back deck overlooking the property + lake. Kitchen features granite counters, SS apps (inc gas range) & abundant cabinetry. ML offers 4 BRs + Office/Flex Space & 2 BAs. Two BRs feature vaulted ceilings + share an updated 3/4 Bath. Primary Bedroom features built-ins + private walkout to the deck overlooking the lake. LL includes Laundry Room, tuck-under garage + HUGE Storage Room w/ crawl space. NEW ROOF SEPT 2026. Incredible lakeshore lot w/ mature trees + privacy. Expansive back deck + lake access area are ready for the next owner’s vision, w/ existing stairs to the lake needing to be rebuilt/reworked. Addt’l front patio surrounded by mature landscaping. GUEST HOUSE | 166 PENINSULA: Separate residence w/ its own driveway + mailbox. Full Kitchen w/ oven opens to Informal Dining + Family Room w/ fireplace & walkout to backyard. ML also features 1 BR + Flex Room, Full Bath & washer/dryer. Addt’l shed for storage. Guest House was recently tenant occupied + has previously been used as a rental; future rental use would require buyer to apply for a new rental license + complete required City inspection/approval. 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. Walk to the newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis + basketball courts & new playground. Nestled on a peninsula surrounded by water, this special community feels tucked away while still just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shopping + downtown Minneapolis. A unique opportunity to own 96 feet of Medicine Lake shoreline + two separate residences and bring your ideas + vision to reimagine this property and make it your own....
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Home facts
- Year built:1955
- Subdivision & Development:Medicine Lake Park 1st Div
- Listing ID #:7106043
- Updated:September 14, 2026 at 08:01 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:2
- Rooms Total:16
- Living area:3,778 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1955
- Building area:3,778 sq. ft.
- Lot area:0.65 Acres
- Exterior Features:Patio
Utilities
- Water:City Water - In Street, Well
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$999,900
- Price per sq. ft.:$180.88
- Tax amount:$15,043
Parking
- Garage spaces:2

