217 Peninsula RD Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55441
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $785
Subdivision Medicine Lake Park 1St Div
MLS Listing ID 6777074
Style (SF) Single Family
Bedrooms 2
Full Baths 1
Three Quarter Bath 1
Year Built 1983
Annual Tax Amount $14,978
Property Description
100 feet of LEVEL LAKESHORE and nearly 1 ACRE on Medicine Lake—the second largest lake in Hennepin County! This remarkable lake property offers a rare opportunity for both future expansion and long-term investment. Whether you dream of enlarging the home's footprint, adding outdoor amenities, or simply enjoying the setting as-is, the possibilities are endless. Nestled at the end of a long, private drive, the home delivers a secluded “up north” feel—yet sits just 15 minutes from downtown Minneapolis! Experience year-round serenity in this thoughtfully updated, ONE LEVEL LIVING rambler. The coveted SOUTH FACING LOT floods the home with natural light and frames sweeping lake views. Step outside to a spacious, maintenance-free deck with a sun-shading pergola—perfect for entertaining or relaxing with a glass of wine at sunset. Inside, the beautifully renovated kitchen features a timeless blend of white upper cabinets, navy lowers, granite countertops, a designer tile backsplash, and stainless-steel appliances. The open-concept dining area flows seamlessly to the deck, creating a true extension of your summer living space. A vaulted family room with fireplace and custom built-ins offers warmth, charm, and functionality—ideal for gathering with friends or enjoying a cozy evening by the fire. Located in the quaint and close-knit Village of Medicine Lake, this property combines small-town charm with the advantage of award-winning Wayzata Schools. Survey is available. Opportunities like this are incredibly rare—100 feet of level lakeshore, nearly an acre of land, and priced below the April 2025 appraisal!
Location
State MN
County Hennepin
Community Medicine Lake Park 1St Div
Zoning Residential-Single Family
Interior
Heating Baseboard,Boiler,Forced Air
Cooling Central Air
Flooring 38768.4
Fireplaces Type Electric,Family Room
Laundry Gas Dryer Hookup,Laundry Room,Main Level,Washer Hookup
Exterior
Parking Features Garage Door Opener
Garage Spaces 3.0
Roof Type Asphalt Shingles
Building
Lot Description Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium
Foundation Concrete Block
Water Well
Others
Acceptable Financing Cash,Conventional,VA
Listing Terms Cash,Conventional,VA
Virtual Tour https://tours.spacecrafting.com/n-57h42x