OFF MARKET

Off Market Feb 2022 for $1.7M

$1,959,570

Est. refi paymentEst. refi $11,073/mo

•

—

sq ft

173 Peninsula Rd, Medicine Lake, MN 55441

About this home

**MULTIPLE OFFERS RECEIVED. CALLING FOR HIGHEST AND BEST WEDNESDAY, FEBRUARY 2ND BY 9PM** Enjoy the lake every day not just on weekends! This beautifully built lakeshore property features the escape and relaxation you have been looking for in the location you never thought possible. Built in 2019 and boasting luxurious finishes such as Thermador appliances, five piece owner's bath, Thermo-Tech windows, top of the line reverse osmosis water filtration system throughout home, and so much more. All you will have left to do is sit back and enjoy that golden sunset on Medicine Lake. 50 feet of shoreline, a new dock, and powered boat lift make this retreat complete. Don't miss out on this rare opportunity to have it all!

Single-familyProperty Type

2018Year Built

0.26 acresLot Size

2 car garageParking

Listed by Suzanne Rowan • Lakes Sotheby's International Realty

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6142877

Redfin Estimate

$1,959,570

$260K since sold in February 2022$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 98.2% higher than the average sale price ($989K) of 6 comparable homes.

SOLD JUL 17, 2026
$1,750,000
A
5 beds4 baths— sq ft
178 Peninsula Rd, Medicine Lake, MN 55441
SOLD JUN 3, 2026
$655,000
B
4 beds3 baths— sq ft
9530 18th Ave N, Plymouth, MN 55441
SOLD JUN 26, 2026
$1,000,000
C
4 beds4 baths— sq ft
1170 Evergreen Ln N, Plymouth, MN 55441
SOLD AUG 31, 2026
$1,310,000
D
5 beds4 baths— sq ft
100 Peninsula Rd, Medicine Lake, MN 55441
SOLD AUG 6, 2026
$625,000
E
4 beds3 baths— sq ft
216 Forestview Ln N, Plymouth, MN 55441
SOLD JUN 25, 2026
$591,000
F
4 beds4 baths— sq ft
10905 34th Ave N, Plymouth, MN 55441

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Earn from this home

Sell

$603,006

Est. take-home

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Refinance

Est. cash available

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Rent

$2,414/mo

Redfin rental estimate

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Market trends in 55441, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.9%

+0.1% MoM

Median sale price

$500K

$20K MoM

Avg. days on market

15d

0 days MoM

Recently sold homes

16 MoM

New listings for sale

NEW 12 HRS AGO
$385,000
5 beds2 baths2,208 sq ft
1010 Kirkwood Ln N, Plymouth, MN 55441
$305,000
2 beds2 baths1,485 sq ft
810 Trenton Ln N, Plymouth, MN 55441
$479,900
4 beds3 baths2,312 sq ft
4035 Quaker Ln N, Plymouth, MN 55441
$299,900
2 beds2 baths1,325 sq ft
846 Trenton Ln N, Plymouth, MN 55441
OPEN SAT, 12PM TO 2PM
$349,900
3 beds2 baths1,544 sq ft
3531 Pilgrim Ln N, Plymouth, MN 55441
COMING SOON
$750,000
5 beds4 baths3,730 sq ft
12515 Sunset Trl N, Plymouth, MN 55441
3D WALKTHROUGH
$500,000
4 beds3 baths2,344 sq ft
9900 41st Ave N, Plymouth, MN 55441
$499,900
2 beds3 baths2,501 sq ft
13250 39th Ave N, Plymouth, MN 55441
$350,000
3 beds2 baths1,902 sq ft
3493 Pilgrim Ln N, Plymouth, MN 55441
OPEN SAT, 12PM TO 2PM
$425,000
4 beds3 baths2,532 sq ft
4270 Quaker Ln N, Plymouth, MN 55441
See all

Provided by Redfin

Sale history for 173 Peninsula Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6142877

Feb 25, 2022

Sold

$1,700,000

Feb 3, 2022

Pending

—

Feb 1, 2022

Listed

$1,399,999

NORTHSTARMLS as Distributed by MLS Grid #4980991

Feb 15, 2019

Sold

$1,105,000

Jan 18, 2019

Pending

—

Jul 17, 2018

Listed

$1,150,000

Public Records

Oct 1, 1970

Sold

$17,000

Year

Property tax

Land + Additions

Assessment*

2026

$21,575 (+2.9%)

$640,000 + $829,300

$1,469,300

2025

$20,968 (+7.1%)

$692,000 + $799,800

$1,491,800

2024

$19,581 (+9.4%)

$645,000 + $786,200

$1,431,200

2023

$17,894 (+8.9%)

$560,000 + $698,000

$1,258,000

2022

$16,434 (+3.8%)

$428,000 + $596,000

$1,024,000

2021

$15,836 (+15.6%)

$413,000 + $593,000

$1,006,000

2020

$13,693 (+123.5%)

$380,000 + $468,000

$848,000

2019

$6,126 (−1.8%)

$380,000 + $50,000

$430,000

2018

$6,238 (+9.0%)

$380,000 + $45,000

$425,000

2017

$5,724 (+4.4%)

$380,000 + $42,000

$422,000

2015

$5,482 (+13.4%)

2014

$4,834 (+4.5%)

2013

$4,625 (−15.5%)

2012

$5,470

Tax history for 173 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$21,575 (+2.9%)

$640,000 + $829,300

$1,469,300

2025

$20,968 (+7.1%)

$692,000 + $799,800

$1,491,800

2024

$19,581 (+9.4%)

$645,000 + $786,200

$1,431,200

2023

$17,894 (+8.9%)

$560,000 + $698,000

$1,258,000

2022

$16,434 (+3.8%)

$428,000 + $596,000

$1,024,000

2021

$15,836 (+15.6%)

$413,000 + $593,000

$1,006,000

2020

$13,693 (+123.5%)

$380,000 + $468,000

$848,000

2019

$6,126 (−1.8%)

$380,000 + $50,000

$430,000

2018

$6,238 (+9.0%)

$380,000 + $45,000

$425,000

2017

$5,724 (+4.4%)

$380,000 + $42,000

$422,000

2015

$5,482 (+13.4%)

2014

$4,834 (+4.5%)

2013

$4,625 (−15.5%)

2012

$5,470

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

275 ft.

Lot size

0.26 Acres

Year renovated

2020

Sq. Ft.

4,047

Year built

2018

Style

Single Family Residential

County

Hennepin County

APN

25 118 22 32 0033

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage
Garage Spaces: 2
Garage Dimensions: 23 x 20
Garage Sq. Ft.: 460

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 2
# of Three Quarter Baths (Total): 2
# of Half Baths (Total): 1
Description: 3/4 Basement,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Den
Room Dimensions: 10 x 10
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 13 x 12
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Dimensions: 27 x 17

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 17 x 14
Room Level: Upper

Room 5 Information
Room Type: Bedroom 4
Room Dimensions: 17 x 11
Room Level: Upper

Room 6 Information
Room Type: Kitchen
Room Dimensions: 13 x 10
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Dimensions: 18 x 17
Room Level: Main

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 13 x 12
Room Level: Upper

Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 12 x 12
Room Level: Upper

Basement Information
Basement Features: Walkout

Dining Room Information
Dining Room Features: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Other Rooms Information
4 BR on One Level

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Family Room, Gas, Living Room

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Fiber Cement
Foundation Area: 1,286
Roof: Age 8 Years or Less

Exterior Features
Fencing: Partial

Waterfront Information
On Waterfront
Waterfront Features: Dock, Lake Front, Lake View
Water Body Name: Medicine
Waterfront Num: 27010400
Lake Acres: 925
Lake Classification: General Development
Lake Depth: 49
Waterfront Slope: Gradual
Waterfront Feet: 50
Road Between Waterfront And Home Y/N: No

Property Information
Total Sq. Ft.: 4,283
Above Ground Total Sq. Ft.: 2,997
Below Ground Total Sq. Ft.: 1,286
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 2,997
Below Grade Finished Area: 1,039
Amenities: Deck,Dock,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Tile Floors,Wet Bar,Walk-In Closet

Lot Information
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Dimensions: 51x226x50x229
Road Frontage Type: City Street

Financial

Tax Information
Tax Annual Amount: $15,835
Tax Year: 2021
Tax With Assessments: $15,836

Lease / Rent Details
RentalLicense Y/N: No

Financial Information
Conventional

Utilities

Utility Information
Water Source: Well
Electric: 200+ Amp Service
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: From Hwy 55- Turn North onto S Shore Drive (Road will Fork...Stay Left) Follow S Shore Dr to Peninsula Rd-Turn Left on Peninsula- Home on Left
Map Coordinate: 105-B1

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 4,047
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 2018
Year Renovated: 2020
County: Hennepin County
APN: 25 118 22 32 0033

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 4036
Main Level Finished Area: 1286.0000
Age Of Property: 5
Levels: Two

Around this home

Schools

Sunset Hill Elementary School

Public K-5 • Assigned • 1.9mi

8/10

Wayzata East Middle School

Public 6-8 • Assigned • 1.6mi

9/10

Wayzata High School

Public 9-12 • Assigned • 5.4mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 13 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Medicine Lake, MN • 55441

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.86M – $2.25M

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New listings for sale in 55441

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OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

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COMING SOON

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Home values near 173 Peninsula Rd

Data from public records.

Address	Redfin Estimate
170 Peninsula Rd, Medicine Lake, MN 3 Beds \| 2.5 Baths \| 2316 Sq. Ft.	$1,211,500
161 Peninsula Rd, Medicine Lake, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,105,518

Address	Redfin Estimate
176 Peninsula Rd, Medicine Lake, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,886,690
184 Peninsula Rd, Medicine Lake, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,245,654

Address	Redfin Estimate
201 Peninsula Rd, Medicine Lake, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,399,497
187 Peninsula Rd, Medicine Lake, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,516,050

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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