OFF MARKET

Off Market Nov 2022 for $1.5M

$1,876,408

Est. refi paymentEst. refi $9,858/mo

•

—

sq ft

234 Peninsula Rd, Medicine Lake, MN 55441

About this home

Own your own piece of paradise on the coveted peninsula on Medicine Lake. This beautiful home boasts spectacular lake views of the NorthEast Bay. Enjoy watching the sunrise over the lake from your bed, the living room or out on the deck while having your morning beverage. Whether you enjoy being out on the water, walking the trails nearby or cross-country skiing in the winter this amazing home offers year round enjoyment. The 4 car (attached) and (single car) detached garage offer a lot of room for your vehicles and toys. The rooftop Solar panels help to almost eliminate your electric bill. Amazing beauty only minutes from Downtown Minneapolis. Dock included. **With full price offer or better, no concessions by the sellers, the seller's will include a 2021 Barletta Tritoon, Solar boat lift, paddle boat, paddle board and many other items for lake fun.**

Single-familyProperty Type

1925Year Built

0.3 acresLot Size

5 car garageParking

Listed by Debra Stafne • Bridge Realty, LLC

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6268361

Redfin Estimate

$1,876,408

$376K since sold in November 2022$28K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 155% higher than the average sale price ($736K) of 6 comparable homes.

SOLD JAN 27, 2026
$1,650,000
A
4 beds3 baths— sq ft
176 Peninsula Rd, Medicine Lake, MN 55441
SOLD AUG 28, 2026
$550,000
B
4 beds3 baths— sq ft
11600 37th Ave N, Plymouth, MN 55441
SOLD JUL 10, 2026
$515,000
C
4 beds3 baths— sq ft
2115 Decatur Ave N, Golden Valley, MN 55427
SOLD JUN 25, 2026
$635,000
D
4 beds4 baths— sq ft
8910 23rd Ave N, Golden Valley, MN 55427
SOLD JUN 8, 2026
$520,000
E
4 beds3 baths— sq ft
10140 26th Ave N, Plymouth, MN 55441
SOLD JUN 1, 2026
$545,000
F
4 beds3 baths— sq ft
2405 Quinwood Ln N, Plymouth, MN 55441

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Earn from this home

Sell

$651,617

Est. take-home

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Refinance

Est. cash available

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Rent

$3,850/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

101.3%

0.3% MoM

Median sale price

$500K

$316 MoM

Avg. days on market

17d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 12PM TO 2PM
$449,900
4 beds2 baths1,832 sq ft
12630 25th Ave N, Plymouth, MN 55441
$699,900
6 beds4 baths4,607 sq ft
13015 38th Pl N, Plymouth, MN 55441
$660,000
4 beds4 baths2,995 sq ft
335 Pineview Ln N, Plymouth, MN 55441
3D WALKTHROUGH
$249,000
2 beds2 baths1,200 sq ft
10806 S Shore Dr #103, Plymouth, MN 55441
COMING SOON
$999,900
5 beds3 baths3,778 sq ft
168 Peninsula Rd, Medicine Lake, MN 55441
$849,900
3 beds3 baths2,495 sq ft
13508 Sunset Trl, 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
3D WALKTHROUGH
$349,900
3 beds2 baths1,544 sq ft
3531 Pilgrim Ln N, Plymouth, MN 55441
See all

Provided by Redfin

Sale history for 234 Peninsula Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6268361

Nov 15, 2022

Sold

$1,500,000

Oct 9, 2022

Pending

—

Oct 7, 2022

Listed

$1,500,000

NORTHSTARMLS as Distributed by MLS Grid #5262165

Feb 14, 2020

Sold

$750,000

Jan 15, 2020

Pending

—

Dec 16, 2019

Contingent

—

Nov 25, 2019

Relisted

—

Oct 22, 2019

Contingent

—

Oct 15, 2019

Price Changed

$795,900

Sep 13, 2019

Relisted

—

Aug 8, 2019

Listing Removed

—

Aug 5, 2019

Price Changed

$839,900

Jul 22, 2019

Price Changed

$895,000

Jul 12, 2019

Listed

$995,000

+28

Year

Property tax

Land + Additions

Assessment*

2026

$22,445 (+3.8%)

$641,300 + $883,700

$1,525,000

2025

$21,626 (+29.2%)

$676,400 + $859,600

$1,536,000

2024

$16,735 (+30.7%)

$631,800 + $603,900

$1,235,700

2023

$12,801 (+8.9%)

$549,000 + $376,000

$925,000

2022

$11,757 (−0.8%)

$456,000 + $302,000

$758,000

2021

$11,855 (−6.7%)

$436,000 + $339,000

$775,000

2020

$12,704 (+5.2%)

$436,000 + $357,000

$793,000

2019

$12,081 (−2.2%)

$419,000 + $369,000

$788,000

2018

$12,348 (+8.5%)

$419,000 + $363,000

$782,000

2017

$11,377 (+8.4%)

$419,000 + $360,000

$779,000

2015

$10,499 (+7.9%)

$374,000 + $334,000

$708,000

2014

$9,732 (+2.0%)

$329,000 + $312,000

$641,000

2013

$9,540 (−8.3%)

$299,000 + $324,000

$623,000

2012

$10,408

$376,000 + $327,000

$703,000

Tax history for 234 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$22,445 (+3.8%)

$641,300 + $883,700

$1,525,000

2025

$21,626 (+29.2%)

$676,400 + $859,600

$1,536,000

2024

$16,735 (+30.7%)

$631,800 + $603,900

$1,235,700

2023

$12,801 (+8.9%)

$549,000 + $376,000

$925,000

2022

$11,757 (−0.8%)

$456,000 + $302,000

$758,000

2021

$11,855 (−6.7%)

$436,000 + $339,000

$775,000

2020

$12,704 (+5.2%)

$436,000 + $357,000

$793,000

2019

$12,081 (−2.2%)

$419,000 + $369,000

$788,000

2018

$12,348 (+8.5%)

$419,000 + $363,000

$782,000

2017

$11,377 (+8.4%)

$419,000 + $360,000

$779,000

2015

$10,499 (+7.9%)

$374,000 + $334,000

$708,000

2014

$9,732 (+2.0%)

$329,000 + $312,000

$641,000

2013

$9,540 (−8.3%)

$299,000 + $324,000

$623,000

2012

$10,408

$376,000 + $327,000

$703,000

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

Public record

Beds

Baths

Stories

Lot width

30 ft.

Lot depth

305 ft.

Lot size

0.33 Acres

Year renovated

2020

Sq. Ft.

3,439

Year built

1925

Style

Single Family Residential

County

Hennepin County

APN

26 118 22 14 0006

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, Detached, Asphalt, Garage Door Opener, Insulated Garage
Garage Spaces: 5
Garage Sq. Ft.: 1,004

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
Description: Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath,Walk-In Shower Stall

Room 1 Information
Room Type: Dining Room
Room Dimensions: 11x13
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Dimensions: 21x25
Room Level: Upper

Room 3 Information
Room Type: Bedroom 1
Room Dimensions: 12x20
Room Level: Upper

Room 4 Information
Room Type: Bedroom 4
Room Dimensions: 11x12
Room Level: Upper

Room 5 Information
Room Type: Kitchen
Room Dimensions: 10x15
Room Level: Main

Room 6 Information
Room Type: Laundry
Room Dimensions: 8x9
Room Level: Main

Room 7 Information
Room Type: Living Room
Room Dimensions: 18x19
Room Level: Main

Room 8 Information
Room Type: Office
Room Dimensions: 13x20

Room 9 Information
Room Type: Bedroom 2
Room Dimensions: 11x12
Room Level: Upper

Room 10 Information
Room Type: Bedroom 3
Room Dimensions: 9x19
Room Level: Upper

Basement Information
Has Basement
Basement Features: Partial

Dining Room Information
Dining Room Features: Breakfast Bar,Eat In Kitchen,Separate/Formal Dining Room

Other Rooms Information
2nd Floor Laundry,Main Floor Laundry

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air, Wall Unit(s)

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office, Laundry
Appliances: Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Fiber Board
Foundation Area: 900
Roof: Asphalt

Waterfront Information
On Waterfront
Waterfront Features: Lake Front, Lake View
Water Body Name: Medicine
Waterfront Num: 27010400
Lake Acres: 925
Lake Bottom: Excellent Sand
Lake Classification: General Development
Lake Depth: 49
Waterfront Feet: 64
Road Between Waterfront And Home Y/N: No

Property Information
Total Sq. Ft.: 3,437
Above Ground Total Sq. Ft.: 3,437
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 3,437
Amenities: Cable,Deck,Dock,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet

Lot Information
Lot Features: Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Dimensions: 30x307x64Lx302
Road Frontage Type: City Street

Financial

Tax Information
Tax Annual Amount: $11,757
Tax Year: 2022
Tax With Assessments: $11,757.16

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Well
Electric: Circuit Breakers, 100 Amp Service, 150 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 169 - Take Hwy 55 west to S Shore Dr, take a right. Go about a block then take left to continue on S Shore Dr. Take Left onto Peninsula Rd. Home will be on the right.
Map Coordinate: 105-B1

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 3,439
Stories: 2.0
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1925
Year Renovated: 2020
County: Hennepin County
APN: 26 118 22 14 0006

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 3437
Main Level Finished Area: 900.0000
Age Of Property: 98
Levels: Two

Around this home

Schools

Sunset Hill Elementary School

Public K-5 • Assigned • 2.0mi

8/10

Wayzata East Middle School

Public 6-8 • Assigned • 1.7mi

9/10

Wayzata High School

Public 9-12 • Assigned • 5.2mi

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

6 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

$1.78M – $2.16M

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New listings for sale in 55441

OPEN SAT, 12PM TO 2PM

$449,900

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$699,900

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335 Pineview Ln N, Plymouth, MN 55441

3D WALKTHROUGH

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10806 S Shore Dr #103, Plymouth, MN 55441

COMING SOON

$999,900

5 beds3 baths3,778 sq ft

168 Peninsula Rd, Medicine Lake, MN 55441

$849,900

3 beds3 baths2,495 sq ft

13508 Sunset Trl, Plymouth, MN 55441

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Home values near 234 Peninsula Rd

Data from public records.

Address	Redfin Estimate
226 Peninsula Rd, Medicine Lake, MN 4 Beds \| 3 Baths \| 3834 Sq. Ft.	$1,329,712
204 Peninsula Rd, Medicine Lake, MN 4 Beds \| 2 Baths \| 3012 Sq. Ft.	$795,484

Address	Redfin Estimate
246 Peninsula Rd, Medicine Lake, MN 2 Beds \| 4 Baths \| - Sq. Ft.	$1,765,146
206 Peninsula Rd, Medicine Lake, MN 1 Beds \| 1 Baths \| 912 Sq. Ft.	—

Address	Redfin Estimate
238 Peninsula Rd, Medicine Lake, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$808,503
210 Peninsula Rd, Medicine Lake, MN 4 Beds \| 4 Baths \| 4454 Sq. Ft.	$1,204,972

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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