Pending: Medicine Lake MLS# 7123918
Pending
$850,000
Condo/Townhome: Twin Home
2 br • 2 ba • Built 1987
2,275 sqft • 0.35 acres
Wayzata schools
MLS# 7123918
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Tucked at the end of the peninsula on Medicine Lake, this well-maintained home delivers the privacy and space most buyers dream of. Enjoy nearly 40 feet of southwest-facing lakeshore with open views across the water to an undeveloped peninsula — no homes or docks, just pure tranquility. A long driveway leads back to the home on a private .35-acre lot, immediately creating a sense of seclusion. From the moment you arrive, the setting feels more like a Northwoods retreat than a metro address, with mature trees and peaceful surroundings that belie the fact you are only minutes from downtown Minneapolis.
A very well-maintained home, inside and out, this home shows the pride of ownership at every turn. Recent improvements include a new roof with high-end 50-year shingles, a new air conditioning system and newly connected city water. Along with past upgrades and renovations, this home is move in ready.
Medicine Lake itself is one of the west metro’s true hidden gems: a fully recreational lake with excellent fishing, boating, paddling, and wildlife (think eagles, loons, and quiet mornings on the water). Just steps away from the home is a beautiful community park, featuring new playground equipment, two pickleball courts, and tennis courts, adding even more convenience and recreation right in the neighborhood. This home is in the top-rated Wayzata school district and close to trails, shopping, and dining.
This is a rare opportunity to own a home on the sought-after peninsula of Medicine Lake with an unusually open and private view.
225 Peninsula Road is waiting...
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$850,000
Price per sq ft:
$374
Property Type:
Condo/Townhome
City:
Medicine Lake
Garage Spaces:
2
County:
Hennepin
Year Built:
1987
State:
MN
Property Style:
Twin Home
Zip Code:
55441
Subdivision Name:
Medicine Lake Park 1st Div
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
2,275 ft2
Total Fireplaces:
1
Living Area:
2,275 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- ENERGY STAR Qualified Appliances
- Exhaust Fan
- Freezer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
- Water Softener Owned
Fireplace Details:
- Gas
- Living Room
- Stone
Basement Details:
- Crawl Space
- Full
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
575 ft2
Air Conditioning:
Central Air
Foundation Size:
1,828 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Finished Garage
- Garage Door Opener
- Gravel
- Guest Parking
- Insulated Garage
- Shared Driveway
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Kitchen Window
- Paneled Doors
- Primary Bedroom Walk-In Closet
- Skylight
- Sun Room
- Tile Floors
- Vaulted Ceiling(s)
- Walk-In Closet
- Washer/Dryer Hookup
- Wet Bar
Road Frontage:
- City Street
- No Outlet/Dead End
- Paved Streets
- Street Lights
Exterior Material:
Concrete
Pool:
None
Roof Details:
- Age 8 Years or Less
- Asphalt
- Flat
- Pitched
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- Full Primary
- Main Floor 3/4 Bath
- Primary Walk-Thru
- Upper Level Full Bath
Dining/Kitchen:
- Breakfast Area
- Breakfast Bar
- Informal Dining Room
- Kitchen/Dining Room
- Living/Dining Room
Laundry:
- Electric Dryer Hookup
- Laundry Room
- Main Level
- Sink
- Washer Hookup
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 19 x 11 | 209 |
| Loft | 20 x 19 | 380 |
| Bedroom 2 | 14 x 13 | 182 |
| Walk-In Closet | 10 x 10 | 100 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 33 x 14 | 462 |
| Family Room | 12 x 12 | 144 |
| Foyer | 11 x 9 | 99 |
| Informal Dining Room | 12 x 9 | 108 |
| Kitchen | 12 x 10 | 120 |
| Laundry | 12 x 6 | 72 |
| Living Room | 19 x 16 | 304 |
| Sun Room | 11 x 10 | 110 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake, South, West
WF Frontage:
38
Waterfront:
- Dock
- Lake Front
- Lake View
Lot & Land
Acres:
0.35
Geolocation:
45.001288, -93.422225
Lot Dimensions:
38 x 399 x 38 x 396
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Tree Coverage - Heavy
- Underground Utilities
Schools
School District:
284
District Phone:
7637455000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$9,168
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,168
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.