Google street view image for 256 Peninsula Rd, Medicine Lake, MN 55441

Off Market Jan 1984 for $155K

$1,045,361

Est. refi paymentEst. refi $1,042/mo

•

2 ba

•

2,600

sq ft

256 Peninsula Rd, Medicine Lake, MN 55441

About this home

256 Peninsula Rd is a 2,600 square foot house on a 0.28 acre lot with 4 bedrooms and 2 bathrooms. - it last sold on January 01, 1984 for $155,000. Based on Redfin's Medicine Lake data, we estimate the home's value is $1,045,361.

Single-familyProperty Type

1971Year Built

0.28 acresLot Size

$402Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,045,361

$890K since sold in January 1984$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 106% higher than the average sale price ($508K) of 6 comparable homes.

SOLD JUL 13, 2026
$625,000
A
4 beds2 baths— sq ft
10505 33rd Ave N, Plymouth, MN 55441
SOLD AUG 3, 2026
$420,000
B
4 beds2 baths— sq ft
9325 31st Ave N, New Hope, MN 55427
SOLD JUL 24, 2026
$530,000
C
4 beds2 baths— sq ft
2635 Norwood Ln N, Plymouth, MN 55441
SOLD MAY 21, 2026
$450,000
D
4 beds2 baths— sq ft
1605 Hillsboro Ave, Golden Valley, MN 55427
SOLD AUG 28, 2026
$550,000
E
4 beds3 baths— sq ft
11600 37th Ave N, Plymouth, MN 55441
SOLD AUG 26, 2026
$470,000
F
4 beds2 baths— sq ft
8930 23rd Ave N, Golden Valley, MN 55427

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Earn from this home

Sell

$983,273

Est. take-home

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Est. cash available

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Rent

$2,474/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

101.9%

+0.1% MoM

Median sale price

$500K

$20K MoM

Avg. days on market

15d

0 days MoM

Recently sold homes

16 MoM

New listings for sale

COMING SOON
$660,000
4 beds4 baths2,995 sq ft
335 Pineview Ln N, Plymouth, MN 55441
COMING SOON
$999,900
5 beds3 baths3,778 sq ft
168 Peninsula Rd, Medicine Lake, MN 55441
NEW 23 HRS AGO
$849,900
3 beds3 baths2,495 sq ft
13508 Sunset Trl, Plymouth, MN 55441
$385,000
5 beds2 baths2,208 sq ft
1010 Kirkwood Ln N, 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
OPEN TODAY, 12PM TO 2PM
$349,900
3 beds2 baths1,544 sq ft
3531 Pilgrim Ln N, Plymouth, MN 55441
COMING SOON
$750,000
5 beds4 baths3,730 sq ft
12515 Sunset Trl N, Plymouth, MN 55441
3D WALKTHROUGH
$500,000
4 beds3 baths2,344 sq ft
9900 41st Ave N, Plymouth, MN 55441
See all

Provided by Redfin

Sale history for 256 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$17,161 (+0.7%)

$776,300 + $410,200

$1,186,500

2025

$17,040 (+6.7%)

$818,800 + $409,800

$1,228,600

2024

$15,975 (+12.0%)

$764,800 + $418,600

$1,183,400

2023

$14,270 (+7.4%)

$665,000 + $356,000

$1,021,000

2022

$13,287 (+1.9%)

$552,000 + $293,000

$845,000

2021

$13,044 (−3.1%)

$557,000 + $287,000

$844,000

2020

$13,460 (+8.8%)

$557,000 + $278,000

$835,000

2019

$12,375 (+0.2%)

$550,000 + $255,000

$805,000

2018

$12,348 (+10.1%)

$550,000 + $232,000

$782,000

2017

$11,212 (+16.1%)

$550,000 + $219,000

$769,000

2015

$9,654 (+9.1%)

$468,000 + $190,000

$658,000

2014

$8,852 (+1.7%)

$418,000 + $173,000

$591,000

2013

$8,701 (−14.0%)

$390,000 + $186,000

$576,000

2012

$10,119

$494,000 + $192,000

$686,000

Tax history for 256 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$17,161 (+0.7%)

$776,300 + $410,200

$1,186,500

2025

$17,040 (+6.7%)

$818,800 + $409,800

$1,228,600

2024

$15,975 (+12.0%)

$764,800 + $418,600

$1,183,400

2023

$14,270 (+7.4%)

$665,000 + $356,000

$1,021,000

2022

$13,287 (+1.9%)

$552,000 + $293,000

$845,000

2021

$13,044 (−3.1%)

$557,000 + $287,000

$844,000

2020

$13,460 (+8.8%)

$557,000 + $278,000

$835,000

2019

$12,375 (+0.2%)

$550,000 + $255,000

$805,000

2018

$12,348 (+10.1%)

$550,000 + $232,000

$782,000

2017

$11,212 (+16.1%)

$550,000 + $219,000

$769,000

2015

$9,654 (+9.1%)

$468,000 + $190,000

$658,000

2014

$8,852 (+1.7%)

$418,000 + $173,000

$591,000

2013

$8,701 (−14.0%)

$390,000 + $186,000

$576,000

2012

$10,119

$494,000 + $192,000

$686,000

*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 Full Baths: 1
# of 3/4 Baths: 1

Heating & Cooling
Heating Type: Forced Air

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 9

Exterior

Exterior Information
Physical Condition: Good
Foundation Type: Concrete Block
Exterior Wall: Composition
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Hip

Property Information
Subdivision Name: MEDICINE LAKE PARK 1ST DIV
Living Sq. Ft: 2,600
Gross Sq. Ft: 3,200
Adjusted Gross Sq. Ft: 2,600
Ground Floor Sq. Ft: 1,690
Building Sq. Ft: 3,200
# of Stories: 2
Stories Type: 2
Legal Description: LOT 019 BLOCK 007 MEDICINE LAKE PARK 1ST DIV THAT PART OF LOT 19 LYING WLY 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 ALSO THAT PART OF SPRING ST VAC LYING ELY OF THE REPLAT OF BLK 8 OF MED LAKE PARK 1ST DIV

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 12,197
Legal Lot Number: 19
Legal Block Number: 7
Municipality Name: MEDICINE LAKE
Acres: 0.28
Depth Footage: 185
Front Footage: 85
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: 4
Baths: 2.0
Sq. Ft.: 2,600
Stories: 2.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 2000
County: Hennepin County
APN: 26 118 22 14 0017

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)

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

$994,000 – $1.20M

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New listings for sale in 55441

COMING SOON

$660,000

4 beds4 baths2,995 sq ft

335 Pineview Ln N, Plymouth, MN 55441

COMING SOON

$999,900

5 beds3 baths3,778 sq ft

168 Peninsula Rd, Medicine Lake, MN 55441

NEW 23 HRS AGO

$849,900

3 beds3 baths2,495 sq ft

13508 Sunset Trl, Plymouth, MN 55441

$385,000

5 beds2 baths2,208 sq ft

1010 Kirkwood Ln N, 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

OPEN TODAY, 12PM TO 2PM

$349,900

3 beds2 baths1,544 sq ft

3531 Pilgrim Ln N, Plymouth, MN 55441

COMING SOON

$750,000

5 beds4 baths3,730 sq ft

12515 Sunset Trl N, Plymouth, MN 55441

Home values near 256 Peninsula Rd

Data from public records.

Address	Redfin Estimate
267 Peninsula Rd, Medicine Lake, MN 4 Beds \| 3.5 Baths \| 2834 Sq. Ft.	$1,276,943
238 Peninsula Rd, Medicine Lake, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$808,503

Address	Redfin Estimate
246 Peninsula Rd, Medicine Lake, MN 2 Beds \| 4 Baths \| - Sq. Ft.	$1,765,146
240 Peninsula Rd, Medicine Lake, MN 2 Beds \| 2.5 Baths \| 2066 Sq. Ft.	$734,411

Address	Redfin Estimate
262 Peninsula Rd, Medicine Lake, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,382,466
236 Peninsula Rd, Medicine Lake, MN 3 Beds \| 2.5 Baths \| 2030 Sq. Ft.	$771,230

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