264 Peninsula Road, Medicine Lake, MN 55441

General Property Information

# Carport Spaces: -47
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 4
Road Btwn WF & Home?: No
Waterfront Frontage: 123
Waterfront YN: Yes
Year Built: 1961
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 2438
Above Grd Total SqFt: 4090
Below Grd Total SqFt: 900
Total SqFt: 4990
Total Finished Sqft: 4990.00
FireplaceYN: Yes
Lake/Waterfront Name: Medicine
Style: (SF) Single Family
Foundation Size: 1200
Power Company: Xcel Energy
Garage Stalls: 3
Lot Dimensions: irregular
Acres: 0.41
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Cable; Ceiling Fan(s); Deck; Dock; Ethernet Wired; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Window; Paneled Doors; Patio; Porch; Primary Bedroom Walk-In Closet; Skylight; Tile Floors; Washer/Dryer Hookup Appliances: Central Vacuum; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Iron Filter; Microwave; Refrigerator Assumable Loan: Not Assumable Basement: Concrete Block Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Private Primary; 3/4 Basement Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Separate/Formal Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Conventional Exterior: Engineered Wood; Stucco Family Room Characteristics: Lower Level; Main Level Fencing: None Financing Terms: Conventional Fireplace Characteristics: Amusement Room; Family Room; Gas Burning; Living Room; Primary Bedroom Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air; In-Floor Heating Internet Options: Cable; DSL Lake Details: Sand; Weeds Laundry: Upper Level Lot Description: Irregular Lot Parking Characteristics: Heated Garage Pool Description: Below Ground; Heated Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sewer: City Sewer - In Street Special Search: Primary Bdr Suite Stories: Two Water: Well Waterfront View: Lake; Panoramic

Contract Information

Off Market Date: 2023-10-23
Contingency: None
Closed Date: 2023-10-27
Original List Price: 1995000
Sales Close Price: 1785000
ListPrice: 1995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 264
Street Name: Peninsula
Street Suffix: Road
Postal City: Medicine Lake
County: Hennepin
State: MN
Zip Code: 55441
Complex/Dev/Subdivision: Replat Medicine Lake Park 1st Div-Blk 8

Assessments

Tax With Assessments: 20572
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 4090
Finished SqFt Below Ground: 900

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 15-26

Lake Details

Lake Acres: 924
Lake Depth: 49
Sand: Yes
Weeds: Yes

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 26x26
Garage Door Height: 7
Garage Door Width: 18
Garage Square Feet: 676
Heated Garage: Yes

Public Survey Info

Range#: 22
Section#: 26
Township#: 118

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: LOT 003 BLOCK 001 REPLAT MEDICINE LK PARK 1ST DIV-BLK 8
Listing City: Medicine Lake
Map Page: 105
Municipality: Medicine Lake
Rental License?: No
School District: Wayzata
School District Phone: 763-745-5000
DNR Lake ID#: 27010400
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 8723
Property ID Number: 2611822140042
Tax Year: 2023
Tax Amount: 20572
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to 264 Peninsula Road, situated on one of the most desirable lots on the fully recreational Medicine Lake (less than 15 minutes from downtown). Renovated in 1998 to enjoy lake life to its fullest, the home is an entertainer's dream with just under 5000 finished sqft. This 4 bedroom, 4 bath open floor plan has a modern flair with multiple entertaining spaces. 3 decks are strategically placed on the property to enjoy the lake activity and sunsets. The home was designed with lake views in mind offering unobstructed views from front to back. A very private lake side includes a four-season porch, 2 decks on the lake side that lead down a large patio with outdoor bar, screened area surrounding a 25x15' heated salt plunge pool and hot tub. The home has 123 ft of sandy shoreline and the like-new aluminum 80ft dock and platform come with the home. With new interior and exterior paint, this home is move-in ready.
Directions: 169 to Hwy 55 W. to S. shore Drive. North on Peninsula road home is on the Right.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes
Cable: Yes
Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Ethernet Wired: Yes
Hardwood Floors: Yes
Hot Tub: Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Paneled Doors: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Skylight: Yes
Tile Floors: Yes
Washer/Dryer Hookup: Yes

Appliances

Central Vacuum: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Iron Filter: Yes
Microwave: Yes
Refrigerator: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Separate/Formal Dining Room: Yes

Electric

Circuit Breakers: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Existing Financing

Conventional: Yes

Exterior

Engineered Wood: Yes
Stucco: Yes

Family Room Characteristics

Lower Level: Yes
Main Level: Yes

Fencing

None: Yes

Financing Terms

Conventional: Yes

Fireplace Characteristics

Amusement Room: Yes
Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes
In-Floor Heating: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
DSL: Yes

Laundry

Upper Level: Yes

Lot Description

Irregular Lot: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes
Screened: Yes
Side Porch: Yes

Pool Description

Below Ground: Yes
Heated: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes

Sewer

City Sewer - In Street: Yes

Special Search

Primary Bdr Suite: Yes

Stories

Two: Yes

Water

Well: Yes

Waterfront View

Lake: Yes
Panoramic: Yes

Room Information

Room Name	Dimensions	Level
Fourth (4th) Bedroom	11x14	Lower
Office	11x8	Main
Porch	12x14	Main
Bonus Room	25x14	Upper
Second (2nd) Bedroom	14x12	Upper
Third (3rd) Bedroom	11x15	Upper
Laundry	6x8	Upper
Kitchen	26x12	Main
Recreation Room	24x24	Lower
Den	24x26	Main
Garage	26x26	Lower
Dining Room	13x22	Main
Family Room	12x20	Main
Informal Dining Room	12x10	Main
First (1st) Bedroom	24x14	Upper
Living Room	13x18	Main