217 Peninsula RD, Minneapolis, MN 55441 - MLS#6777074

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$1,100,000

Est. payment - /mo

2 Beds

2 Baths

1,400 SqFt

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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

Acres 0.89

Lot Dimensions 98x395

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

Direction From Hwy 55 go N on Shore Dr, S Shore continues to your left, turn left onto Peninsula to home.

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Boiler, Forced Air

Cooling Central Air

Flooring 38768.4

Fireplaces Type Electric, Family Room

Fireplace Yes

Laundry Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Exterior

Parking Features Garage Door Opener

Garage Spaces 3.0

Roof Type Asphalt Shingles

Accessibility None

Porch Composite Decking, Deck, Wrap Around

Total Parking Spaces 3

Building

Lot Description Accessible Shoreline, Island/Peninsula, Tree Coverage - Medium

Foundation Concrete Block

Water Well

Architectural Style (SF) Single Family

Others

Senior Community No

Tax ID 2611822140057

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

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Listed by Edina Realty, Inc.

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