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162 Peninsula Road, 
Medicine Lake, MN 55441

$1,600,000


4

Beds


5

Baths


3,043

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Marta Jackson

RE/MAX Results

651-484-8800

Last updated:

September 14, 2026, 12:20 PM

MLS#

7114365

Source:

NSMLS

About This Home

162 Peninsula Road

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.

Home Facts

Single Family

5 Baths

4 Bedrooms

Built in 1982

Subdivision & Development:

Medicine Lake Park 1st Div

Price Summary

1,600,000

$525 per Sq. Ft.

MLS #:

7114365

Last Updated:

September 14, 2026, 12:20 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

2

Interior

Living Area:

3,043 Sq. Ft.


Structure

Structure

Building Area:

3,719 Sq. Ft.

Year Built:

1982


Lot

Lot Size (Sq. Ft):

22,651


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$525 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.