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Sold
$637,492
Est. refi paymentEst. refi $1,812/mo
3
bd
•
2 ba
•
1,372
sq ft

241 Peninsula Rd, Medicine Lake, MN 55441

map-entry

About this home

Beautiful level south facing lake lot, with sand beach on Medicine Lake. Awesome views, super location, Wayzata schools! Close to metro area, minutes to downtown, come and see!

Single-familyProperty Type
1930Year Built
0.34 acresLot Size
$465Est. Price/Sq.Ft.
4 car garageParking
Source:Public Records

Redfin Estimate

$637,492
$374K since sold in September 2011$16K since October

This home's estimate is 32.9% higher than the average sale price ($480K) of 6 comparable homes.

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Earn from this home

Sell
$598,815
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$2,076/mo
Redfin rental estimate

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Market trends in 55441, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price
101.1%

0.5% MoM

Median sale price
$456K

$44K MoM

Avg. days on market
19d

2 days MoM

Recently sold homes
61

15 MoM

New listings for sale

Provided by Redfin

Sale history for 241 Peninsula Rd

Tax history for 241 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

Beds
3
Baths
2
Stories
1
Lot width
40 ft.
Lot depth
395 ft.
Lot size
0.34 Acres
Year renovated
1940
Sq. Ft.
1,372
Year built
1930
Style
Single Family Residential
County
Hennepin County
APN
26 118 22 14 0032
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 17, 2026.

Property details

Around this home

Schools

Sunset Hill Elementary School

Public K-5 • Assigned • 1.8mi

8/10
Wayzata East Middle School

Public 6-8 • Assigned • 1.6mi

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

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
85
68
79
63
75
58
62
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
$606,000 – $734,000

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Home values near 241 Peninsula Rd

Data from public records.

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