271 Peninsula Rd is a 2,363 square foot house on a 0.71 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Medicine Lake data, we estimate the home's value is $962,981.
Single-familyProperty Type
1964Year Built
0.71 acresLot Size
$408Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$962,981
$28K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 116.7% higher than the average sale price ($444K) 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
$17,148 (−0.2%)
$877,500 + $308,200
$1,185,700
2025
$17,178 (+11.7%)
$925,600 + $312,200
$1,237,800
2024
$15,382 (+8.1%)
$864,500 + $278,200
$1,142,700
2023
$14,223 (+25.3%)
$751,000 + $267,000
$1,018,000
2022
$11,353 (+1.4%)
$504,000 + $231,000
$735,000
2021
$11,200 (−4.4%)
$513,000 + $224,000
$737,000
2020
$11,713 (+6.2%)
$513,000 + $225,000
$738,000
2019
$11,032 (−1.0%)
$513,000 + $214,000
$727,000
2018
$11,140 (+9.7%)
$513,000 + $201,000
$714,000
2017
$10,159 (+5.0%)
$513,000 + $192,000
$705,000
2015
$9,671 (+8.0%)
$480,000 + $179,000
$659,000
2014
$8,958 (+1.7%)
$432,000 + $165,000
$597,000
2013
$8,808 (−15.5%)
$409,000 + $173,000
$582,000
2012
$10,424
$526,000 + $178,000
$704,000
Tax history for 271 Peninsula Rd
Year
Property tax
Land + Additions
Assessment*
2026
$17,148 (−0.2%)
$877,500 + $308,200
$1,185,700
2025
$17,178 (+11.7%)
$925,600 + $312,200
$1,237,800
2024
$15,382 (+8.1%)
$864,500 + $278,200
$1,142,700
2023
$14,223 (+25.3%)
$751,000 + $267,000
$1,018,000
2022
$11,353 (+1.4%)
$504,000 + $231,000
$735,000
2021
$11,200 (−4.4%)
$513,000 + $224,000
$737,000
2020
$11,713 (+6.2%)
$513,000 + $225,000
$738,000
2019
$11,032 (−1.0%)
$513,000 + $214,000
$727,000
2018
$11,140 (+9.7%)
$513,000 + $201,000
$714,000
2017
$10,159 (+5.0%)
$513,000 + $192,000
$705,000
2015
$9,671 (+8.0%)
$480,000 + $179,000
$659,000
2014
$8,958 (+1.7%)
$432,000 + $165,000
$597,000
2013
$8,808 (−15.5%)
$409,000 + $173,000
$582,000
2012
$10,424
$526,000 + $178,000
$704,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,541
Basement Finish: Partially Finished
Bathroom Information
# of 3/4 Baths: 2
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
Has Fireplace
Room Information
# of Rooms: 6
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: Hip
Property Information
Subdivision Name: REPLAT MEDICINE LAKE PARK 1ST DIV-BLK 8
Living Sq. Ft: 2,363
Gross Sq. Ft: 3,529
Adjusted Gross Sq. Ft: 2,568
Ground Floor Sq. Ft: 1,284
Building Sq. Ft: 3,529
# of Stories: 1
Stories Type: 1
Legal Description: BLOCK 001 REPLAT MEDICINE LK PARK 1ST DIV-BLK 8 THAT PART OF LOTS 7 AND 8 OF BLK 1 LYING SLY OF A LINE RUN FROM SE COR OF SAID LOT 7 TH WLY ALONG SLY LINE THOF DIS 164.69 FT TH SWLY DEFL LEFT 25 DEG 50 MIN 20 SEC DIS 45.88 FT TH DEFL RIGHT 43 DEG 06 MIN 40 SEC DIS 188 FT TO SHORELINE OF MEDICINE LAKE AND THERE TERMINATING
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 704
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 30,928
Legal Lot Number: 7
Legal Block Number: 1
Municipality Name: MEDICINE LAKE
Acres: 0.71
Depth Footage: 214
Front Footage: 140
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: 3
Baths: 2.0
Sq. Ft.: 2,363
Stories: 1.0
Lot Size: 0.71 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: 1990
County: Hennepin County
APN: 26 118 22 14 0056
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 • 5.1mi
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
$915,000 – $1.11M
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