$1,495/mo

Price

•

430

sq ft

253 Peninsula Rd, Medicine Lake, MN 55441

Building highlights

1 unit available nowAvailability

No pets allowedPet policy

LaundryIn unit

Car dependentWalk Score

Patio/balconyIn unit

10/22 last updated • 14 views • 1 favorite

About 253 Peninsula Rd

For a showing of this property, please contact Terri Leeds at *** or***.

Enjoy living year around on beautiful Medicine Lake! This cozy little cottage has everything you need to live inexpensively and enjoy lake living at the same time. This home features full kitchen, living room, dining area and breakfast bar. One bedroom plus 3/4 bath with shower. Basement has room for storage and full size washer and dryer. Gravel driveway with no garage. Large lakeside deck is just a couple years old. Dock available for sale from previous renter. Tenants pay gas and electric. Owner pays water, trash and Culligan softener rental. Cottage has new roof and gutters. This property is available for move in November 1st.

For property management in the Twin Cities Minnesota area see ***

Contact 253 Peninsula Rd

Policies

PetsNo pets allowed

No pets allowed

Amenities

In-unitPatio, Washer & Dryer In Unit

Patio
Washer & Dryer In Unit

CommunityExtra Storage

Around 253 Peninsula Rd

Schools
Places
Transit

8/10

Sunset Hill Elementary School

Public, K-5 • Assigned • 1.8mi

9/10

Wayzata East Middle School

Public, 6-8 • Assigned • 1.6mi

10/10

Wayzata High School

Public, 9-12 • Assigned • 5.2mi

Provided by GreatSchools

About

Plymouth-Wayzata

Plymouth-Wayzata, located between Lake Minnetonka and Medicine Lake, is a lakeside and suburban Plymouth neighborhood with wooded shorelines and polished retail pockets. The neighborhood’s character concentrates around the Wayzata Boulevard–Lake Street corridor, where marina slips, sidewalk patios, and small storefronts set a lake-town cadence. Wayzata Bar & Grill, 6Smith, and the Wayzata Depot anchor local routines with dining, gathering, and a touch of rail history. Housing ranges from mid-century ramblers to newer builds on curving, tree-lined streets. Trails and parks stitch together water views and everyday errands. The pace feels outdoors-forward, with boats, bikes, and café tables sharing the same calendar.

Provided by Walk Score and Local Logic

Historical weather

Medicine Lake, MN • 55441

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

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

Nearby rentals

Based on 253 Peninsula Rd near Medicine Lake

1 bd: $1,775
2 bd: $2,300
The Axis
| 350 Nathan Ln N, Plymouth, MN 55441
Apartment • 9 units available
NEW 1 DAY AGO
Studio: $1,295
1 bd: $1,445 • 2 bd: $1,630
Willow Creek
| 135 Nathan Ln N, Plymouth, MN 55441
Apartment • 24 units available
NEW 14 HRS AGO
1 bd: $1,095
2 bd: $1,250
Burgundy And Hillsboro
| 2911 Hillsboro Ave N, New Hope, MN 55427
Apartment • 11 units available
1 bd: $1,350
2 bd: $1,445
Countryside Estates
| 10101 Highway 55, Plymouth, MN 55441
Apartment • 5 units available
1 bd: $1,174
2 bd: $1,435 • 3 bd: $2,059
Lancaster Village Apartments
| 3610 Lancaster Ln N, Plymouth, MN 55441
Apartment • 8 units available
DEAL3D WALKTHROUGH
$1,500/mo
2 beds1 bath725 sq ft
Trentwood Apartments
| 9140 Golden Valley Rd, Minneapolis, MN 55427
Apartment • 2 units available

View more nearby rentals

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Unsure? Use our rent vs buy calculator!

Affordability

Price of this rental

$1,495/mo

Your pre-tax income

Income going to rent

30%Affordable

This rental is within the recommended 30% guideline, a healthy balance that leaves room for savings and other expenses

Calculate my full rental budget

Redfin rental estimate

253 Peninsula Rd, Medicine Lake, MN 55441

This property is priced $351 above the rental estimate.

Asking rent

$1,495

Rental estimate

$1,144

Nearby comparable rentals

The Rental Estimate uses 0 recent nearby rental.

Sale and tax history for 253 Peninsula Rd

Sale History
Tax History

Date

Event

Price

RENTALBEAST #2

Sep 30, 2026

Listed for Rent

$1,495

$3/sq ft

Dec 28, 2025

Rental Removed

$1,250

$3/sq ft

Dec 24, 2025

Listed for Rent

$1,250

$3/sq ft

NORTHSTARMLS #6797333

Oct 8, 2025

Rental Removed

$1,250

$3/sq ft

Oct 1, 2025

Listed for Rent

$1,250

$3/sq ft

PROPERTYWARE #1

Oct 23, 2025

Rental Removed

$1,250

$3/sq ft

Oct 9, 2025

Listed for Rent

$1,250

$3/sq ft

Mar 5, 2024

Rental Removed

$1,250

$3/sq ft

Feb 8, 2024

Listed for Rent

$1,250

$3/sq ft

NORTHSTARMLS #6465254

Feb 7, 2024

Rental Removed

$1,250

$3/sq ft

Jan 30, 2024

Price Changed

$1,250

$3/sq ft

Dec 2, 2023

Listed for Rent

$1,500

$3/sq ft

Public Records

Nov 18, 2008

Sold

$500

$1/sq ft

Public Records

Dec 28, 1989

Sold

$142,000

$330/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,838 (+6.7%)

$154,000 + $66,200

$220,200

2025

$2,659 (+1.8%)

$154,000 + $61,500

$215,500

2024

$2,611 (−1.8%)

$154,000 + $62,600

$216,600

2023

$2,658 (+10.9%)

$141,000 + $70,000

$211,000

2022

$2,397 (+3.4%)

$110,000 + $56,000

$166,000

2021

$2,320 (+16.5%)

$107,000 + $56,000

$163,000

2020

$1,991 (+31.9%)

$83,000 + $51,000

$134,000

2019

$1,510 (−2.9%)

$66,000 + $40,000

$106,000

2018

$1,555 (+8.2%)

$66,000 + $40,000

$106,000

2017

$1,438 (+6.1%)

$66,000 + $40,000

$106,000

2015

$1,355 (−3.6%)

$66,000 + $31,000

$97,000

2014

$1,406 (−5.2%)

$66,000 + $31,000

$97,000

2013

$1,484 (−13.4%)

$66,000 + $35,000

$101,000

2012

$1,714

$75,000 + $48,000

$123,000

253 Peninsula Rd

(520) 525-2092

Nearby rentals

1 bd: $1,775
2 bd: $2,300
The Axis
| 350 Nathan Ln N, Plymouth, MN 55441
Apartment • 9 units available
NEW 1 DAY AGO
Studio: $1,295
1 bd: $1,445 • 2 bd: $1,630
Willow Creek
| 135 Nathan Ln N, Plymouth, MN 55441
Apartment • 24 units available
NEW 14 HRS AGO
1 bd: $1,095
2 bd: $1,250
Burgundy And Hillsboro
| 2911 Hillsboro Ave N, New Hope, MN 55427
Apartment • 11 units available
1 bd: $1,350
2 bd: $1,445
Countryside Estates
| 10101 Highway 55, Plymouth, MN 55441
Apartment • 5 units available
1 bd: $1,174
2 bd: $1,435 • 3 bd: $2,059
Lancaster Village Apartments
| 3610 Lancaster Ln N, Plymouth, MN 55441
Apartment • 8 units available
DEAL3D WALKTHROUGH
$1,500/mo
2 beds1 bath725 sq ft
Trentwood Apartments
| 9140 Golden Valley Rd, Minneapolis, MN 55427
Apartment • 2 units available

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Apartment • 15 units available
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Apartment • 1 unit available
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2301 Pillsbury Ave S, Minneapolis, MN 55404
Apartment • 3 units available
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Shelby Commons
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Apartment • 3 units available
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All information is deemed reliable but not guaranteed. Redfin and its affiliates may receive compensation if you contact a rental property or sign a lease.

253 Peninsula Rd is a 430 square foot property with 1 bedrooms and 1 bathrooms. We estimate that 253 Peninsula Rd would rent between $1,144 / mo.253 Peninsula Rd is located in Medicine Lake, the 55441 zipcode, and the Wayzata Public School District.

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