Nestled in the highly sought-after city of Medicine Lake, MN, this charming colonial-style gem offers everything you need for comfortable lakeside living. With 3 spacious bedrooms and 2.25 baths spread across 3100 square feet, this home provides ample space for relaxation and entertainment. Step inside to discover a beautifully designed open and airy main level, perfect for both everyday living and hosting gatherings. The newly updated kitchen is a chef's paradise featuring modern appliances, including a Thermador 42" built in fridge/freezer, dishwasher, gas cooktop and built in oven. Upstairs offers 3 spacious bedrooms and 2 bathrooms including master ensuite. Enjoy cozy evenings by the fireplace or take in the stunning bay views right from your living room. Outdoors, the 42' of lakefront ensuring endless opportunities for fun, complete with a front lagoon that is powerboat and pontoon navigable with, southwestern sunsets.
Lakeside living in the city! This three-bedroom brick Colonial features many recent updates, including fresh carpet and paint, new Frigidaire five-burner gas range and new microwave. Roof new June 2019. Newer furnace and water heater. Enjoy access to Medicine Lake via the navigable lagoon. Wayzata school district! Quiet neighborhood with nearby park, playground, and bicycle trails. One-year home warranty included.
NORTHSTARMLS as Distributed by MLS Grid #4993075
Oct 5, 2018
Listing Removed
—
Aug 15, 2018
Listed
$645,000
NORTHSTARMLS as Distributed by MLS Grid #4930833
Jul 29, 2018
Listing Removed
—
Jun 13, 2018
Price Changed
$650,000
May 14, 2018
Listed
$675,000
Public Records
Apr 1, 1988
Sold
$249,000
Year
Property tax
Land + Additions
Assessment*
2026
$12,288 (−2.0%)
$544,000 + $330,300
$874,300
2025
$12,538 (+7.7%)
$588,200 + $338,700
$926,900
2024
$11,638 (+12.2%)
$548,300 + $337,100
$885,400
2023
$10,368 (+17.1%)
$476,000 + $290,000
$766,000
2022
$8,857 (+4.3%)
$358,000 + $235,000
$593,000
2021
$8,494 (−15.1%)
$347,000 + $233,000
$580,000
2020
$10,004 (+1.6%)
$357,000 + $286,000
$643,000
2019
$9,843 (−0.2%)
$361,000 + $297,000
$658,000
2018
$9,861 (+8.7%)
$361,000 + $281,000
$642,000
2017
$9,072 (+8.4%)
$361,000 + $278,000
$639,000
2015
$8,369 (+11.6%)
$322,000 + $260,000
$582,000
2014
$7,497 (−0.3%)
$272,000 + $242,000
$514,000
2013
$7,523 (−5.8%)
$257,000 + $253,000
$510,000
2012
$7,984
$302,000 + $258,000
$560,000
Tax history for 211 Peninsula Rd
Year
Property tax
Land + Additions
Assessment*
2026
$12,288 (−2.0%)
$544,000 + $330,300
$874,300
2025
$12,538 (+7.7%)
$588,200 + $338,700
$926,900
2024
$11,638 (+12.2%)
$548,300 + $337,100
$885,400
2023
$10,368 (+17.1%)
$476,000 + $290,000
$766,000
2022
$8,857 (+4.3%)
$358,000 + $235,000
$593,000
2021
$8,494 (−15.1%)
$347,000 + $233,000
$580,000
2020
$10,004 (+1.6%)
$357,000 + $286,000
$643,000
2019
$9,843 (−0.2%)
$361,000 + $297,000
$658,000
2018
$9,861 (+8.7%)
$361,000 + $281,000
$642,000
2017
$9,072 (+8.4%)
$361,000 + $278,000
$639,000
2015
$8,369 (+11.6%)
$322,000 + $260,000
$582,000
2014
$7,497 (−0.3%)
$272,000 + $242,000
$514,000
2013
$7,523 (−5.8%)
$257,000 + $253,000
$510,000
2012
$7,984
$302,000 + $258,000
$560,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.74 Acres
Year renovated
1977
Sq. Ft.
2,866
Year built
1977
Style
Single Family Residential
County
Hennepin County
APN
26 118 22 14 0060
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, Asphalt
Garage Spaces: 2
Garage Sq. Ft.: 528
Garage Door Height: 7
Garage Door Width: 16
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
Description: Bathroom Ensuite,Private Primary
Room 1 Information
Room Type: Dining Room
Room Dimensions: 18x11
Room Level: Main
Room 2 Information
Room Type: Bedroom
Room Dimensions: 13x13
Room Level: Upper
Room 3 Information
Room Type: Four Season Porch
Room Dimensions: 17x15
Room Level: Main
Room 4 Information
Room Type: Kitchen
Room Dimensions: 20x15
Room Level: Main
Room 5 Information
Room Type: Living Room
Room Dimensions: 24x17
Room Level: Main
Room 6 Information
Room Type: Mud Room
Room Dimensions: 14x7
Room Level: Main
Room 7 Information
Room Type: Office
Room Dimensions: 10x10
Room Level: Main
Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 14x12
Room Level: Upper
Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 18x12
Room Level: Upper
Laundry Room Information
Laundry Features: Laundry Closet, Upper Level
Basement Information
Basement Features: Crawl Space
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Family Room
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air
Exterior
Building Information
Construction Materials: Block, Brick, Concrete
Foundation Area: 1,745
Roof: Age Over 8 Years
Exterior Features
Patio Porch Type: Patio
Exterior Features: Stone
Fencing: None
Pool Information
Pool Features: None
Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Lake Bottom: Sand,Weeds
Waterfront Elevation: 0-4
Waterfront Feet: 42
Road Between Waterfront And Home Y/N: N
Property Information
Above Ground Total Sq. Ft.: 3,121
FractionalOwnershipYN: No
Property Type: Residential
Other Structures: Gazebo
Above Grade Finished Area: 3,121
Lot Information
Lot Features: Irregular Lot
Lot Size Area: 0.74
Lot Size Units: Acres
Lot Size Dimensions: 185x379x42x311
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $12,538.10
Tax Year: 2024
Tax With Assessments: $12,538.10
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: 7637455000
Location Information
Directions: 169 to hwy 55 w. to s. shore drive. left on peninsula road home on left.
Map Coordinate: 105-B1
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,866
Stories: 2.0
Lot Size: 0.74 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1977
County: Hennepin County
APN: 26 118 22 14 0060
Home facts updated by county records on Jul 20, 2026
Other
Home Information
Living Area: 3121
Living Area Units: Square Feet
Main Level Finished Area: 2000
Building Area Total: 3121
Foundation Details: Block
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 • 5.3mi
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)
22
6
29
14
48
29
56
38
69
50
78
60
83
66
79
63
77
59
64
46
44
31
28
14
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
$1.24M – $1.50M
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