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

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

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{"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"}
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