Google street view image for 261 Peninsula Rd, Medicine Lake, MN 55441

OFF MARKET

—

•

1 ba

•

707

sq ft

261 Peninsula Rd, Medicine Lake, MN 55441

About this home

261 Peninsula Rd is a 707 square foot property on a 7,841 square foot lot with 1 bedroom and 1 bathroom.

1920Year Built

7,841 sq ftLot Size

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

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

NEW 21 HRS AGO
$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 SAT, 12PM TO 2PM
$349,900
3 beds2 baths1,544 sq ft
3531 Pilgrim Ln N, Plymouth, MN 55441
$295,000
3 beds2 baths1,752 sq ft
4118 Hemlock Ln N, Plymouth, MN 55441
COMING SOON
$750,000
5 beds4 baths3,730 sq ft
12515 Sunset Trl N, Plymouth, MN 55441
$375,000
3 beds3 baths2,083 sq ft
2705 Larch Ln N, Plymouth, MN 55441
3D WALKTHROUGH
$500,000
4 beds3 baths2,344 sq ft
9900 41st Ave N, Plymouth, MN 55441
$350,000
3 beds2 baths1,902 sq ft
3493 Pilgrim Ln N, Plymouth, MN 55441
$425,000
4 beds3 baths2,532 sq ft
4270 Quaker Ln N, Plymouth, MN 55441
See all

Provided by Redfin

Sale history for 261 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,492 (−4.1%)

$544,000

2025

$8,857 (−5.7%)

$593,600

2024

$9,388 (+9.6%)

$645,000

2023

$8,567 (+20.0%)

$560,000

2022

$7,138 (+5.1%)

$406,000

2021

$6,790 (+14.0%)

$394,000

2020

$5,959 (+4.0%)

$388,000 + $13,000

$401,000

2019

$5,727 (−1.5%)

$391,000 + $11,000

$402,000

2018

$5,812 (+8.2%)

$391,000 + $5,000

$396,000

2017

$5,371 (+7.4%)

$391,000 + $5,000

$396,000

2015

$5,000 (+9.5%)

$353,000 + $5,000

$358,000

2014

$4,568 (+3.7%)

$310,000 + $5,000

$315,000

2013

$4,407 (−10.7%)

$295,000 + $5,000

$300,000

2012

$4,933

$353,000 + $1,000

$354,000

Tax history for 261 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$8,492 (−4.1%)

$544,000

2025

$8,857 (−5.7%)

$593,600

2024

$9,388 (+9.6%)

$645,000

2023

$8,567 (+20.0%)

$560,000

2022

$7,138 (+5.1%)

$406,000

2021

$6,790 (+14.0%)

$394,000

2020

$5,959 (+4.0%)

$388,000 + $13,000

$401,000

2019

$5,727 (−1.5%)

$391,000 + $11,000

$402,000

2018

$5,812 (+8.2%)

$391,000 + $5,000

$396,000

2017

$5,371 (+7.4%)

$391,000 + $5,000

$396,000

2015

$5,000 (+9.5%)

$353,000 + $5,000

$358,000

2014

$4,568 (+3.7%)

$310,000 + $5,000

$315,000

2013

$4,407 (−10.7%)

$295,000 + $5,000

$300,000

2012

$4,933

$353,000 + $1,000

$354,000

*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: 1

Heating & Cooling
Heating Type: Hot Water

Room Information
# of Rooms: 3

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Building Style Type: Cottage/Bungalow
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Gable

Property Information
Subdivision Name: MEDICINE LAKE PARK 1ST DIV
Living Sq. Ft: 707
Gross Sq. Ft: 707
Adjusted Gross Sq. Ft: 707
Ground Floor Sq. Ft: 707
Building Sq. Ft: 707
# of Stories: 1
Stories Type: 1
Legal Description: LOT 012 BLOCK 009 MEDICINE LAKE PARK 1ST DIV THAT PART OF THE NWLY 45 FT LYING SWLY OF THE NELY 150 FT THEREOF INCL ADJ 1/2 OF ST VAC

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,841
Legal Lot Number: 12
Legal Block Number: 9
Municipality Name: MEDICINE LAKE
Acres: 0.18
Depth Footage: 130
Front Footage: 80
County Use Description: VACANT LAND LAKESHORE

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 707
Stories: 1.0
Lot Size: 7,841 square feet
Style: Other
Year Built: 1920
Year Renovated: —
County: Hennepin County
APN: 26 118 22 14 0038

Home facts updated by county records on Jul 20, 2026

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

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10200 129th Ave N, Champlin, MN 55316

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NEW CONSTRUCTION

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New listings for sale in 55441

NEW 21 HRS AGO

$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 SAT, 12PM TO 2PM3D WALKTHROUGH

$349,900

3 beds2 baths1,544 sq ft

3531 Pilgrim Ln N, Plymouth, MN 55441

$295,000

3 beds2 baths1,752 sq ft

4118 Hemlock Ln N, Plymouth, MN 55441

COMING SOON

$750,000

5 beds4 baths3,730 sq ft

12515 Sunset Trl N, Plymouth, MN 55441

$375,000

3 beds3 baths2,083 sq ft

2705 Larch Ln N, Plymouth, MN 55441

3D WALKTHROUGH

$500,000

4 beds3 baths2,344 sq ft

9900 41st Ave N, Plymouth, MN 55441

$350,000

3 beds2 baths1,902 sq ft

3493 Pilgrim Ln N, Plymouth, MN 55441

Home values near 261 Peninsula Rd

Data from public records.

Address	Redfin Estimate
267 Peninsula Road, Medicine Lake, MN 4 Beds \| 3.5 Baths \| 2834 Sq. Ft.	$1,313,093
2631 Peninsula Road #2, Medicine Lake, MN 7 Beds \| 4 Baths \| - Sq. Ft.	$1,743,884

Address	Redfin Estimate
241 Peninsula Road, Medicine Lake, MN 3 Beds \| 2 Baths \| 1372 Sq. Ft.	$666,921
265 Peninsula Road, Medicine Lake, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,170,348

Address	Redfin Estimate
229 Peninsula Road, Medicine Lake, MN 2 Beds \| 1 Baths \| - Sq. Ft.	$884,766
263 Peninsula Road, Medicine Lake, MN 5 Beds \| 4 Baths \| 4308 Sq. Ft.	$1,470,016

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