This home's estimate is 87.1% higher than the average sale price ($458K) of 6 comparable homes.
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116 Peninsula Rd, Medicine Lake, MN 55441
About this home
Medicine Lake frontage 60 feet of shoreline for sale. Home updates include newer Pella windows 2016, bathroom remodel(s) 2016 with in floor heat, tile floors, and upper bath with jacuzzi tub. Newer carpet throughout, fresh paint. Kitchen with Guatemalan Marble counters and an open concept to living room with wall to wall windows for amazing views of lake. Outside updates include; sport court with basketball hoop, paver patio, and newer deck flooring and railings. Basement remodel; included large family room with electric fireplace, 3rd bedroom with egress window, and a flex room.
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Market trends in 55441, MN
Last updated July 2026
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Provided by Redfin
Sale history for 116 Peninsula Rd
Tax history for 116 Peninsula Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Attached Garage
- Garage Spaces: 2
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 3
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- Description: 3/4 Basement,Main Floor Full Bath
- Room 1 Information
- Room Type: Family Room
- Room Dimensions: 21x13
- Room Level: Lower
- Room 2 Information
- Room Type: Bedroom 1
- Room Dimensions: 15x11
- Room Level: Main
- Room 3 Information
- Room Dimensions: 12x6
- Room Level: Lower
- Room 4 Information
- Room Type: Kitchen
- Room Dimensions: 12x10
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Dimensions: 13x17
- Room Level: Main
- Room 6 Information
- Room Type: Bedroom 2
- Room Dimensions: 9x11
- Room Level: Main
- Room 7 Information
- Room Type: Bedroom 3
- Room Dimensions: 12x9
- Room Level: Lower
- Basement Information
- Basement Features: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
- Dining Room Information
- Dining Room Features: Breakfast Area,Eat In Kitchen
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Electric, Family Room, Gas, Living Room
- Heating & Cooling
- Heating Information: Forced Air
- Cooling Information: Central Air
- Interior Features
- Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Flex Room
- Appliances: Dishwasher, Dryer, Iron Filter, Microwave, Range, Refrigerator, Washer
Exterior
- Building Information
- Construction Materials: Brick/Stone, Stucco
- Foundation Area: 1,008
- Roof: Age Over 8 Years, Asphalt
- Exterior Features
- Fencing: None
- Waterfront Information
- On Waterfront
- Waterfront Features: Lake Front
- Water Body Name: Medicine
- Waterfront Num: 27010400
- Lake Acres: 925
- Lake Classification: General Development
- Lake Depth: 49
- Waterfront Feet: 60
- Property Information
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Other Structures: Storage Shed
- Above Grade Finished Area: 1,008
- Below Grade Finished Area: 714
- Amenities: Ceiling Fan(s),Dock,Kitchen Window,Main Floor Master Bedroom,Other
- Lot Information
- Lot Size Area: 0.3
- Lot Size Units: Acres
- Lot Size Dimensions: 78x238x60x220
- Road Frontage Type: City Street
Financial
- Tax Information
- Tax Annual Amount: $7,336
- Tax Year: 2019
- Tax With Assessments: $7,336.03
- Lease / Rent Details
- RentalLicense Y/N: No
Utilities
- Utility Information
- Water Source: Well
- Electric: Circuit Breakers
- Power Company Name: Xcel Energy
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- School Information
- High School District: Wayzata
- School District Number: 284
- School District Phone: 763-745-5000
- Location Information
- Directions: Hwy 169 to Plymouth Ave exit west to 13th Ave N, turn right, follow 13th Ave which turns into S Shore Dr to home on right.
- Map Coordinate: 105-B1
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,714
- Stories: 1.0
- Lot Size: 0.33 acres
- Style: Single Family Residential
- Year Built: 1953
- Year Renovated: 1980
- County: Hennepin County
- APN: 25 118 22 32 0002
Other
- Home Information
- Living Area: 1722
- Main Level Finished Area: 1008.0000
- Building Area Total: 1722
- Levels: One
Around this home
Schools
Public K-5 • Assigned • 1.8mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 5.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 99° expected this year, 13 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 55441
Home values near 116 Peninsula Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 3103 Sq. Ft. | $1,472,257 |
4 Beds | 2 Baths | 1877 Sq. Ft. | $840,494 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 4 Baths | 4105 Sq. Ft. | $1,338,492 |
3 Beds | 2 Baths | - Sq. Ft. | $967,021 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2583 Sq. Ft. | $1,116,388 |
4 Beds | 3 Baths | - Sq. Ft. | $1,309,406 |
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