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Discover your dream home in the serene community of Medicine Lake, Minnesota. Nestled along the tranquil shores of Medicine Lake, this charming area offers a unique blend of natural beauty and modern convenience. With stunning lakeside views, excellent schools, and a welcoming atmosphere, Medicine Lake is the perfect place to call home. Whether you're looking for a cozy family residence or a luxurious lakeside retreat, you'll find it here. Experience the best of Minnesota living in Medicine Lake – where every day feels like a getaway.

Latest Medicine Lake Real Estate for Sale

$999,900
5 Beds ⋅ 3 Baths ⋅ 7106043 MLS
Located in the City of Medicine Lake — a hidden gem many don’t even realize is its own city — w/ a small-town lake community vibe in the middle of the West Metro. Peninsula setting w/ water surrounding much of the community creates a tucked away, private feel while still being just minutes from downtown Plymouth, Wayzata, Ridgedale & Minneapolis… all in top-rated WAYZATA SCHOOLS.

168 Peninsula Road, Medicine Lake

Listing courtesy of eXp Realty.

$850,000
2 Beds ⋅ 2 Baths ⋅ 7123918 MLS
Tucked at the end of the peninsula on Medicine Lake, this well-maintained home delivers the privacy and space most buyers dream of. Enjoy nearly 40 feet of southwest-facing lakeshore with open views across the water to an undeveloped peninsula — no homes or docks, just pure tranquility. A long driveway leads back to the home on a private .35-acre lot, immediately creating a sense of seclusion. From the moment you arrive, the setting feels more like a Northwoods retreat than a metro address, with mature trees and peaceful surroundings that belie the fact you are only minutes from downtown Minneapolis. A very well-maintained home, inside and out, this home shows the pride of ownership at every turn. Recent improvements include a new roof with high-end 50-year shingles, a new air conditioning system and newly connected city water. Along with past upgrades and renovations, this home is move in ready. Medicine Lake itself is one of the west metro’s true hidden gems: a fully recreational lake with excellent fishing, boating, paddling, and wildlife (think eagles, loons, and quiet mornings on the water). Just steps away from the home is a beautiful community park, featuring new playground equipment, two pickleball courts, and tennis courts, adding even more convenience and recreation right in the neighborhood. This home is in the top-rated Wayzata school district and close to trails, shopping, and dining. This is a rare opportunity to own a home on the sought-after peninsula of Medicine Lake with an unusually open and private view. 225 Peninsula Road is waiting...

225 Peninsula Road, Medicine Lake

Listing courtesy of Coldwell Banker Realty.

$1,600,000
4 Beds ⋅ 5 Baths ⋅ 7114365 MLS
Private oasis on Medicine Lake, 10 Minutes from Downtown Minneapolis. Taken down to the studs after its 2004 purchase, this home sits back from the road behind mature gardens and a curving driveway — private, quiet, and in the top-rated Wayzata School District. A heated saltwater pool (rebuilt 2016) anchors the outdoor living, with multiple patios and decks, including dining deck under a fairy-lit mature vine canopy— all with panoramic views of the lake. A graded path leads down to the lake and dock. Inside, an open kitchen and great room center on an oversized slider framing the water, warmed by a slate-faced fireplace. Three upper bedrooms with three baths, and a lower-level primary suite with lake views, jetted tub, and steam shower. Attached garage with utility room, plus a detached 3-car garage with boat storage. City sewer updated and water installed in 2025. No HOA.

162 Peninsula Road, Medicine Lake

Listing courtesy of RE/MAX Results.

$1,750,000
5 Beds ⋅ 4 Baths ⋅ 7058094 MLS
Offer Received- OFFERS DUE by 4PM on Sunday, 5/31/26. This one is MAGICAL. The kind of opportunity buyers wait decades for. UPDATED + STUNNING w/ 50 ft of lakeshore on sought-after Medicine Lake in top-rated WAYZATA SCHOOLS. Turnkey, move-in ready & meticulously maintained w/ expansive lake views on all 3 levels. Floor-to-ceiling windows span the width of the home, flooding spaces w/ natural light & bringing lake life into nearly every room. Recently updated throughout w/ designer touches & wood flooring on ML. Renovated Gourmet Kitchen w/ quartz counters & backsplash, center island, ceramic sink, SS apps (inc gas cooktop) opens to informal Dining & Living Room w/ dramatic floor-to-ceiling 2-sided stone fireplace & Formal Dining w/ built-ins. Walk out to oversized deck w/ modern cable railing overlooking the lake—an incredible extension of the living space to relax, entertain & enjoy expansive water views plus the peaceful setting w/ eagles, loons, swans & beautiful lake wildlife often nearby. ML also includes 2 Beds both opening to oversized deck above garage. UL w/ stunning Primary Suite featuring vaulted ceilings, floor-to-ceiling stone fireplace, expansive lake views, walk-in closet w/ organizational system & spa-like renovated Bath w/ stand-alone tub, tiled shower, dual sinks & quartz counters. UL also includes addt’l Bed/Office/Flex Space & tons of hidden storage. Walkout LL w/ floor-to-ceiling windows, Family Room w/ stone fireplace, gaming space & full wet bar w/ soapstone counters, white cabinetry, full range, refrigerator, microwave & sitting area. LL also w/ addt’l Bed, 3/4 Bath & Laundry Room w/ front-load washer/dryer. Walk out to LL deck w/ Jacuzzi hot tub (included), sitting area, expansive yard & stairs leading to the lake. Storage shed + storage box included. NEW ROOF in 2019. **Extensively upgraded since purchase ($450K-$500K invested), pls see supplement for full list of improvements.** Enjoy lake life on Medicine Lake—the 2nd largest lake in Hennepin County—offering boating, kayaking, paddle boarding, fishing & miles of trails for walking, running & biking. Walk to newly renovated park at the end of the peninsula w/ pavilion, pickleball, tennis, basketball courts + new playground. Nestled on a peninsula surrounded by water, this special community feels tucked away & peaceful while still being just minutes from Plymouth, Wayzata, Ridgedale, restaurants, shops & downtown Minneapolis. Surrounded by nature, it feels up north while still enjoying all the conveniences of the city. AN ABSOLUTE GEM!

178 Peninsula Road, Medicine Lake

Listing courtesy of eXp Realty.

$1,310,000
5 Beds ⋅ 4 Baths ⋅ 7046332 MLS
Experience the Pinnacle of Lakeside Living on Medicine Lake. Contract For Deed Terms Available. 4% or 5% option. Discover this stunningly reimagined lakeshore retreat, extensively remodeled and expanded in 2017. Boasting 59 feet of pristine shoreline with a gradual slope, the outdoor oasis includes a private dock, boat lift, and dedicated kayak/canoe storage. Inside, the heart of the home is a chef’s dream: a luxury kitchen featuring high-end stainless steel appliances, a massive center island, and seamless flow into informal dining areas. The versatile main floor includes a dedicated office that doubles perfectly as an accessible in-law suite. The upper level is designed for scale, featuring five generous bedrooms on one level and a gigantic bonus room—perfect for cinema nights or grand-scale entertainment. Even the garage is a masterpiece, featuring a "clean-enough-to-eat-off" showroom finish and a tandem workshop. With a newer roof, HVAC, and fresh James Hardie siding, this home offers peace of mind and sophisticated style in one of Minnesota’s most coveted locations.

100 Peninsula Road, Medicine Lake

Listing courtesy of Coldwell Banker Realty.

$915,000
2 Beds ⋅ 2 Baths ⋅ 7027357 MLS
Rare Medicine Lake opportunity! Enjoy 100 feet of level, south-facing lakeshore on nearly one acre. Tucked at the end of a long private drive, this exceptional property offers a peaceful, secluded setting with an “up north” feel—just 15 minutes from downtown Minneapolis. The home features true one-level living and is filled with natural light, showcasing beautiful lake views throughout. Whether you’re looking to enjoy the home as-is, renovate, or expand the footprint, the nearly acre-sized lot and premium shoreline create outstanding long-term potential. The renovated kitchen blends timeless style with modern function, featuring white upper cabinets, navy lower cabinets, granite countertops, designer tile backsplash, stainless-steel appliances, and a center island with beverage fridge. The eat-in kitchen opens directly to a spacious maintenance-free deck with sun shading pergola, perfect for outdoor dining, entertaining, or relaxing while taking in sunset views over the lake. A vaulted informal dining and family room with fireplace and custom built-ins provides a warm and inviting space for gatherings. Located on the peninsula in the charming Village of Medicine Lake, this property offers a unique small-town atmosphere while being part of the Wayzata School District. Survey available. One owner home. Lakefront properties with this much level shoreline and land are incredibly rare—don’t miss this opportunity.

217 Peninsula Road, Medicine Lake

Listing courtesy of Edina Realty, Inc..

$670,000
6 Beds ⋅ 4 Baths ⋅ 6811562 MLS
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. Set 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. Location 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. Don’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.

115 Peninsula Road, Medicine Lake

Listing courtesy of Compass.

$1,650,000
4 Beds ⋅ 3 Baths ⋅ 6796833 MLS
Beautiful Medicine Lake living. One of the only large, fully recreational lakes in the heart of the city. Just 7 miles to the North Loop, 5 miles to downtown Wayzata, and 20 miles to the airport. Enjoy sweeping lake views from the fully remodeled main level and from the upper-level primary suite and office. The chef’s kitchen features Sub-Zero and Wolf appliances, stunning custom quartz waterfall countertops, and rich walnut cabinetry. The main floor also includes a newly remodeled ¾ bath and an expanded, maintenance-free deck overlooking the lake and professionally landscaped yard. Upstairs, the primary suite and office showcase hardwood floors and panoramic lake views. The spa-like bath includes a walk-in tile shower, while the oversized walk-in closet features a center island dresser. The walkout lower level offers two family rooms, a ¾ bath with steam shower, and an incredible 40’x20’ sport court with two basketball hoops and batting cage—ideal for customization into a golf simulator, yoga studio, or gym. The backyard is a true retreat, with extensive landscaping and a Paladium Plunge Pool (Spa) that functions as both a hot tub and pool. Energy-efficient solar panels (installed 2016, credits through 2026) and a camera-wired home security system (2022) add modern convenience. All this within award-winning Wayzata Schools, with groomed cross-country ski trails on the lake and the Luce Line Trail just steps away.

176 Peninsula Road, Medicine Lake

Listing courtesy of RE/MAX Results.

$1,045,000
3 Beds ⋅ 3 Baths ⋅ 6709158 MLS
Nestled in the highly sought-after city of Medicine Lake, MN, this charming colonial-style gem offers everything you need for comfortable lakeside living. With 3 spacious bedrooms and 2.25 baths spread across 3100 square feet, this home provides ample space for relaxation and entertainment. Step inside to discover a beautifully designed open and airy main level, perfect for both everyday living and hosting gatherings. The newly updated kitchen is a chef's paradise featuring modern appliances, including a Thermador 42" built in fridge/freezer, dishwasher, gas cooktop and built in oven. Upstairs offers 3 spacious bedrooms and 2 bathrooms including master ensuite. Enjoy cozy evenings by the fireplace or take in the stunning bay views right from your living room. Outdoors, the 42' of lakefront ensuring endless opportunities for fun, complete with a front lagoon that is powerboat and pontoon navigable with, southwestern sunsets.

211 Peninsula Road, Medicine Lake

Listing courtesy of Compass.

$750,000
2 Beds ⋅ 2 Baths ⋅ 6493275 MLS
**SOLD BEFORE PRINT! Amazing opportunity to own lakeshore property on the Medicine Lake peninsula! Breathtaking views of the lake from the sunroom, living room, and primary bedroom! This one level home features a spacious living room with coved ceiling and wood-burning fireplace, 4-season sunroom with two-sided gas fireplace, and a huge owner’s suite with fireplace, walk-in closet, and private full bath with separate shower and jetted tub. Enjoy the amazing lake views and beautiful landscaping from the large deck and two firepits. Attached one-car garage could be made into a 3rd bedroom. There is also a detached 3-car garage. The dock will stay with the home. Fantastic location close to amenities with easy access to Hwy 55 and Hwy 169. Located in the Wayzata school district! Ready to move in and make it your own!

112 Peninsula Road, Medicine Lake

Listing courtesy of RE/MAX Results.

$1,785,000
4 Beds ⋅ 4 Baths ⋅ 6443397 MLS
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.

264 Peninsula Road, Medicine Lake

Listing courtesy of Compass.

$875,000
3 Beds ⋅ 3 Baths ⋅ 6383779 MLS
Rare opportunity to own 50 ft of Medicine Lake shoreline on a 1000 acre lake in the metro You will be struck from the very beginning by this woodsy A-frame, its great western facing view of the lake and spectacular sunsets. Nature abounds everywhere with wildlife, swans, hummingbirds. Even turning onto the peninsula feels like a quick trip "up north". This home has new lower level family room, 1/2 bath with walk out to the lake, new kitchen, wall to wall glass in living room for wonderful view of lake. Main bedroom above gives morning views from tree canopy overhead and the lake below. Living here amongst all this natural beauty will feel like a sacred space. It is also just minutes from all the amenities of downtown while offering everything that a fully recreational lake has to offer- boating, fishing, sailing, swimming, and more. Roll-in dock & canoe included in sale. Lake life is waiting for you!

169 Peninsula Road, Medicine Lake

Listing courtesy of Marathon Realty.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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