178 Peninsula Road Medicine Lake, MN 55441

$1,700,000
Pending
estimated monthly payment
5 Beds  |  4 Baths  |  4,001 Sq Ft  |  Single Family  |  MLS # 7058094
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 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.
    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.
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
    Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 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
    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
  • Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
    Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
  • Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
    Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
  • Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
    Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light
  • 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
    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
  • 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
    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
  • Recently updated throughout w/ designer touches & wood flooring on ML.
    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)
    Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
  • Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
    Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
  • Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
    Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
  • Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
    Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
  • Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
    Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop)
  • Formal Dining w/ 2-sided stone fireplace + built-ins
    Formal Dining w/ 2-sided stone fireplace + built-ins
  • Formal Dining w/ 2-sided stone fireplace + built-ins
    Formal Dining w/ 2-sided stone fireplace + built-ins
  • Formal Dining w/ 2-sided stone fireplace + built-ins
    Formal Dining w/ 2-sided stone fireplace + built-ins
  • STUNNING floor-to-ceiling stone fireplace
    STUNNING floor-to-ceiling stone fireplace
  • 67-Recently updated throughout w/ designer touches & wood flooring on ML. -or-mls-178 Peninsula Rd-50.jpg
    67-Recently updated throughout w/ designer touches & wood flooring on ML. -or-mls-178 Peninsula Rd-50.jpg
  • Recently updated throughout w/ designer touches & wood flooring on ML.
    Recently updated throughout w/ designer touches & wood flooring on ML.
  • 1/2 bath on ML
    1/2 bath on ML
  • 1 of 2 ML bedrooms both opening to oversized deck above garage
    1 of 2 ML bedrooms both opening to oversized deck above garage
  • 2 of 2 ML bedrooms  both opening to oversized deck above garage
    2 of 2 ML bedrooms both opening to oversized deck above garage
  • Addt’l outdoor living space offered by oversized deck over garage — ideal for entertaining, relaxing or unwinding outdoors.
    Addt’l outdoor living space offered by oversized deck over garage — ideal for entertaining, relaxing or unwinding outdoors.
  • Addt’l outdoor living space offered by oversized deck over garage — ideal for entertaining, relaxing or unwinding outdoors.
    Addt’l outdoor living space offered by oversized deck over garage — ideal for entertaining, relaxing or unwinding outdoors.
  • 73-web-or-mls-178 Peninsula Rd-56.jpg
    73-web-or-mls-178 Peninsula Rd-56.jpg
  • 75-web-or-mls-178 Peninsula Rd-58.jpg
    75-web-or-mls-178 Peninsula Rd-58.jpg
  • Recently updated throughout w/ designer touches & wood flooring
    Recently updated throughout w/ designer touches & wood flooring
  • UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
    UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
  • UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
    UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
  • UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
    UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
  • UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
    UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace & expansive lake views
  • Spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters
    Spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters
  • Spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters
    Spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters
  • Spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters
    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
    UL also includes addt’l Bed/Office/Flex Space & tons of hidden storage
  • Entry
    Entry
  • Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
    Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
  • Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
    Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
  • Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
    Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
  • Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
    Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
  • Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
    Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
  • Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
    Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
  • Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
    Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake
  • Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
    Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar
  • LL full wet bar/kitchenette with soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area
    LL full wet bar/kitchenette with soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area
  • LL full wet bar/kitchenette with soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area
    LL full wet bar/kitchenette with soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area
  • LL also w/ addt’l Bed, 3/4 Bath
    LL also w/ addt’l Bed, 3/4 Bath
  • 112-web-or-mls-178 Peninsula Rd-95.jpg
    112-web-or-mls-178 Peninsula Rd-95.jpg
  • LL w/ 3/4 Bath — perfect to shower off right from the lake.
    LL w/ 3/4 Bath — perfect to shower off right from the lake.
  • LL w/ 3/4 Bath — perfect to shower off right from the lake.
    LL w/ 3/4 Bath — perfect to shower off right from the lake.
  • Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful
    Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful
  • 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.
    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.
  • 23-web-or-mls-178 Peninsula Rd-6.jpg
    23-web-or-mls-178 Peninsula Rd-6.jpg
  • urrounded by nature, it feels up north while still enjoying all the conveniences of the city.
    urrounded by nature, it feels up north while still enjoying all the conveniences of the city.
  • 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
    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
  • Stunning landscaping
    Stunning landscaping
  • 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
    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
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
    50 feet of Lakeshore on Medicine Lake w/ recently updated 4,000 FSF home + expansive lake views on all three levels
  • 50 feet of Lakeshore on Medicine Lake
    50 feet of Lakeshore on Medicine Lake
  • Photo taken by Owner
    Photo taken by Owner
  • photo taken by owners to show expensive deck with amazing views
    photo taken by owners to show expensive deck with amazing views
  • 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
    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
  • Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
    Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
  • Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
    Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
  • Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
    Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
  • Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
    Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground
  • Award Winning Wayzata Schools 2.jpg
    Award Winning Wayzata Schools 2.jpg
  • Award Winning Wayzata Schools 3.jpg
    Award Winning Wayzata Schools 3.jpg

About The Listing

Offer Received- OFFERS DUE by 4PM on Sunday, 5/31/26. 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), pls 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. Walk to 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 & 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!


Listing courtesy of BROWN & Co Residential, eXp Realty
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 1978
MLS #: 7058094
Bedrooms: 5
Square Feet: 4,001
Bathrooms (Full): 2
Price Per Square Foot: $425
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Attached Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: Well
Heat Type: Forced Air
Basement: Finished, Full
Foundation Type: Block
Roof Description: Age 8 Years or Less
Days On Market (Continuous): 2
Disability Features: None
Latest Update: 06/04/2026
List Date: 05/28/2026
Listing Agent ID: 502043623
Listing Office: eXp Realty
Listing Office ID: 26146
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Humidifier, Water Softener Owned
Fireplace Features: Family Room, Living Room, Primary Bedroom, Wood Burning
Number of Fireplaces: 3
Exterior Features: Stone, Cement Board
Lot Dimensions: 50x244x50x252
Lot Size: 0.28 Acres
Lot Features: Island/Peninsula
View Description: Lake
Waterfront: Lake Front
School District: Wayzata
Tax Year: 2025
Estimated Taxes: $18,640
Contingency Type: None
City: Medicine Lake
Zip: 55441
County: Hennepin
Subdivision: Medicine Lake Park 1st Div
State: MN

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Listing last updated: 06/04/26

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