Johnson Hoiseth Lake Minnetonka Real Estate Logo
Description Open House Details Location Market Trends Schools Recent Sales Virtual Tour
$1,695,000 Est. $6,241 / mo.*

162 Peninsula Road Medicine Lake , MN 55441

Listing courtesy of RE/MAX Results.

Description

4 Beds
3 full, 2 half Baths
3,043 Sqft
22,651 Sqft lot
0.52 Acre lot
Status: Active
Property Type: Single Family
Year Built: 1982
Neighborhood: Medicine Lake Park 1st Div
Days on Website: 6
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.

Open House

Property Details and Features

Amenities
Amenities Unit:
"Ceiling Fan(s)", "Deck", "Dock", "Ethernet Wired", "Kitchen Center Island", "Kitchen Window", "Primary Bedroom Walk-In Closet", "Natural Woodwork", "Patio", "Paneled Doors", "Panoramic View", "Skylight", "In-Ground Sprinkler", "Vaulted Ceiling(s)", "Walk-In Closet"
Appliances & Equipment
Description:
"Central Vacuum", "Chandelier", "Dishwasher", "Dryer", "Exhaust Fan", "Humidifier", "Gas Water Heater", "Water Filtration System", "Microwave", "Range", "Refrigerator", "Stainless Steel Appliances", "Trash Compactor", "Washer", "Water Softener Owned"
Basement
Description:
"Block", "Daylight/Lookout Windows", "Finished", "Full", "Storage Space", "Tile Shower", "Walkout"
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$1,695,000 - 4Br/5Ba - for Sale in Medicine Lake Park 1st Div, Medicine Lake
Virtual Tour

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Johnson|Hoiseth

9526416500 9522127103

Location

$1,695,000 -
162 Peninsula Road Medicine Lake , MN 55441
Subdivision: Medicine Lake Park 1st Div

Street View

Nearby Schools

Recent Sales in the Area

This data is up-to-date as of August 20, 2026 11:17AM. For the most current information, contact Lakes Sotheby's International Realty, 952-641-6500, Paul@JohnsonHoiseth.com

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