MLS# NST6811562 - 115 Peninsula Road Medicine Lake, MN 55441

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Compass is the brokerage office representing the seller for this listing.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Lakeshore Properties, LLC is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lakeshore Properties, LLC, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

{"Id":525540,"ORGTABLE":"RAW_Property","MLSCLASS":"RES","MLSNUMBER":"NST6811562","MLSAGENTID":"NST502044039","MLSOFFICEID":"NST49293","ADDRESS":"115 Peninsula Road","ACRES":0.57,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"Block","BATHSTOTAL":4.0,"BEDROOMS":6.0,"CITY":"Medicine Lake","CONTINGENCY":"None","COUNTY":"Hennepin","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":699900.0,"LASTPRICEDATE":"2026-03-06T01:20:07.513","LATITUDE":44.996346,"LENDEROWNED":"No","LISTDATE":"2026-03-05T06:00:00","LISTPRICE":699900.0,"LIVINGAREA":2950.0,"LONGITUDE":-93.417933,"LOTDESCRIPTION":"Corner Lot,Irregular Lot,Tree Coverage - Light","MODIFICATIONTIMESTAMP":"2026-03-06T11:02:10.764","OFFICE_OFFICENAME":"Compass","PHOTOCOUNT":35,"POSTALCODE":"55441","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"A rare gem in the heart of Medicine Lake, this exceptional owner-occupied duplex is a dream opportunity for both investors and homeowners alike. Featuring two generously sized units, each offering updated kitchens, three bedrooms, and two bathrooms, this property effortlessly combines comfort and practicality.\n\nSet on a sprawling half-acre lot, you'll enjoy plenty of yard space, mature trees for added privacy, and the convenience of a three-car detached garage. Nestled in the prestigious Wayzata school district and surrounded by multi-million-dollar homes, this is the only single-owner duplex in Medicine Lake—a truly unique find.\n\nLocation is key, and this property shines with its proximity to the Luce Line Trail system, Medicine Lake Regional Parks, and a quick 15-minute drive to downtown Minneapolis. For investors, Unit 2 has been rented on a month-to-month basis since 2019 at $1,900 per month, with tenants covering separate utilities—making it a hassle-free income stream.\n\nDon’t miss your chance to own this one-of-a-kind property in a highly sought-after community. Whether you're looking to invest or create your own tranquil retreat, Medicine Lake offers the lifestyle and location you’ve been waiting for.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Age 8 Years or Less","SCHOOLDISTRICTNUMBER":"1280-Wayzata","SCHOOLDISTRICTPHONE":"7637455000","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-03-06T01:20:07.513","LASTSTATUS":"Active","STREETNAME":"Peninsula","STREETNUMBER":"115","STREETSUFFIX":"Road","TRANSACTIONTYPE":"For Sale","WATER":"City Water - In Street,Well","WATERFRONTPRESENT":false,"YEARBUILT":1961,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-03-06T01:20:07.514","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"HT8A2509-Edit.jpg\"},{\"Order\":2,\"Remarks\":\"HT8A2494-Edit.jpg\"},{\"Order\":6,\"Remarks\":\"unit 1\"},{\"Order\":7,\"Remarks\":\"Unit 1 kitchen\"},{\"Order\":8,\"Remarks\":\"Unit 1 Kitchen\"},{\"Order\":9,\"Remarks\":\"unit 1 main floor\"},{\"Order\":10,\"Remarks\":\"unit 1 main flr living\"},{\"Order\":11,\"Remarks\":\"unit 1 main floor\"},{\"Order\":12,\"Remarks\":\"Unit 1 main flr bath\"},{\"Order\":13,\"Remarks\":\"unit 1 bed 1\"},{\"Order\":14,\"Remarks\":\"Unit 1 LL bath\"},{\"Order\":15,\"Remarks\":\"unit 1 bed 2\"},{\"Order\":16,\"Remarks\":\"unit 1 LL family\"},{\"Order\":17,\"Remarks\":\"Unit 1 LL family\"},{\"Order\":18,\"Remarks\":\"Unit 1 LL bedroom\"},{\"Order\":19,\"Remarks\":\"unit 2 LL family\"},{\"Order\":20,\"Remarks\":\"Unit 2 LL family room\"},{\"Order\":21,\"Remarks\":\"unit 2 LL bath\"},{\"Order\":22,\"Remarks\":\"unit 2 LL bed\"},{\"Order\":23,\"Remarks\":\"Unit 2 bed 1\"},{\"Order\":24,\"Remarks\":\"Unit 2 bed 2\"},{\"Order\":25,\"Remarks\":\"Unit 2 main floor living rm\"},{\"Order\":26,\"Remarks\":\"Unti 2 kitchen\"},{\"Order\":27,\"Remarks\":\"Unit 2 kitchen\"},{\"Order\":28,\"Remarks\":\"Unit 2 kitchen\"},{\"Order\":29,\"Remarks\":\"Unit 2 dining\"},{\"Order\":30,\"Remarks\":\"Unit 2 main flr bath\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35","SOURCE":"MG_NST"}