254 Peninsula Rd is a 1,710 square foot house on a 0.3 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Medicine Lake data, we estimate the home's value is $732,883.
Single-familyProperty Type
1968Year Built
0.3 acresLot Size
$429Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$732,883
$15K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 81.7% higher than the average sale price ($403K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$13,054 (−0.2%)
$742,500 + $180,900
$923,400
2025
$13,074 (+12.7%)
$783,200 + $179,600
$962,800
2024
$11,599 (+7.4%)
$731,500 + $151,300
$882,800
2023
$10,796 (+7.2%)
$636,000 + $158,000
$794,000
2022
$10,069 (+4.7%)
$528,000 + $134,000
$662,000
2021
$9,615 (−2.8%)
$508,000 + $137,000
$645,000
2020
$9,896 (+2.0%)
$508,000 + $129,000
$637,000
2019
$9,705 (−0.9%)
$515,000 + $135,000
$650,000
2018
$9,790 (+9.5%)
$515,000 + $123,000
$638,000
2017
$8,940 (+13.9%)
$515,000 + $116,000
$631,000
2015
$7,846 (+10.6%)
$447,000 + $104,000
$551,000
2014
$7,092 (+4.1%)
$397,000 + $92,000
$489,000
2013
$6,816 (−15.7%)
$366,000 + $98,000
$464,000
2012
$8,086
$463,000 + $103,000
$566,000
Tax history for 254 Peninsula Rd
Year
Property tax
Land + Additions
Assessment*
2026
$13,054 (−0.2%)
$742,500 + $180,900
$923,400
2025
$13,074 (+12.7%)
$783,200 + $179,600
$962,800
2024
$11,599 (+7.4%)
$731,500 + $151,300
$882,800
2023
$10,796 (+7.2%)
$636,000 + $158,000
$794,000
2022
$10,069 (+4.7%)
$528,000 + $134,000
$662,000
2021
$9,615 (−2.8%)
$508,000 + $137,000
$645,000
2020
$9,896 (+2.0%)
$508,000 + $129,000
$637,000
2019
$9,705 (−0.9%)
$515,000 + $135,000
$650,000
2018
$9,790 (+9.5%)
$515,000 + $123,000
$638,000
2017
$8,940 (+13.9%)
$515,000 + $116,000
$631,000
2015
$7,846 (+10.6%)
$447,000 + $104,000
$551,000
2014
$7,092 (+4.1%)
$397,000 + $92,000
$489,000
2013
$6,816 (−15.7%)
$366,000 + $98,000
$464,000
2012
$8,086
$463,000 + $103,000
$566,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Bathroom Information
# of 3/4 Baths: 2
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
Has Fireplace
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Building Style Type: Rambler
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable
Property Information
Subdivision Name: MEDICINE LAKE PARK 1ST DIV
Living Sq. Ft: 1,710
Gross Sq. Ft: 2,241
Adjusted Gross Sq. Ft: 1,710
Ground Floor Sq. Ft: 1,710
Building Sq. Ft: 2,241
# of Stories: 1
Stories Type: 1
Legal Description: BLOCK 007 MEDICINE LAKE PARK 1ST DIV LOT 18 AND THAT PART OF LOT 19 LYING ELY OF A LINE RUNNING N 15 DEG 27 MIN 29 SEC W FROM A PT IN SLY LINE OF SAID LOT 19 DIS 16 FT WLY FROM SE COR THEREOF TO THE SHORE OF MEDICINE LAKE
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 531
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 13,068
Legal Lot Number: 18
Legal Block Number: 7
Municipality Name: MEDICINE LAKE
Acres: 0.3
Depth Footage: 196
Front Footage: 65
County Use Description: RESID. LAKE SHORE
Location Information
Parcel Location Influence: Lake
Utility Information
Electricity / Wiring Type: Average Wiring
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,710
Stories: 1.0
Lot Size: 0.3 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Hennepin County
APN: 26 118 22 14 0016
Home facts updated by county records on Jul 20, 2026
Around this home
Schools
Sunset Hill Elementary School
Public K-5 • Assigned • 1.9mi
8/10
Wayzata East Middle School
Public 6-8 • Assigned • 1.7mi
9/10
Wayzata High School
Public 9-12 • Assigned • 5.1mi
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
$697,000 – $843,000
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