For Sale: Medicine Lake MLS# 7114365
Active
$1,600,000
Single Family: Four or More Level Split
4 br • 5 ba • Built 1982
3,043 sqft • 0.52 acres
Wayzata schools
MLS# 7114365
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,600,000
Price per sq ft:
$526
Property Type:
Single Family
City:
Medicine Lake
Garage Spaces:
5
County:
Hennepin
Year Built:
1982
State:
MN
Property Style:
Four or More Level Split
Zip Code:
55441
Subdivision Name:
Medicine Lake Park 1st Div
Interior
Bedrooms:
4
Bathrooms:
5
Finished Area:
3,043 ft2
Total Fireplaces:
2
Living Area:
3,043 ft2
Common Wall:
No
Appliances Included:
- Central Vacuum
- Chandelier
- Dishwasher
- Dryer
- Exhaust Fan
- Gas Water Heater
- Humidifier
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Trash Compactor
- Washer
- Water Filtration System
- Water Softener Owned
Fireplace Details:
- Amusement Room
- Family Room
- Free Standing
- Full Masonry
- Gas
- Insert
Basement Details:
- Block
- Daylight/Lookout Windows
- Finished
- Full
- Storage Space
- Tile Shower
- Walkout
Exterior
Stories:
Four or More Level Split
Garage Spaces:
5
Garage Size:
1,117 ft2
Air Conditioning:
Central Air
Foundation Size:
1,900 ft2
Fencing:
Invisible
Handicap Accessible:
None
Out Buildings:
Storage Shed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Electric
- Garage Door Opener
- Multiple Garages
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Dock
- Ethernet Wired
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Natural Woodwork
- Paneled Doors
- Panoramic View
- Patio
- Primary Bedroom Walk-In Closet
- Skylight
- Vaulted Ceiling(s)
- Walk-In Closet
Road Frontage:
- City Street
- Paved Streets
Pool:
- Below Ground
- Heated
- Indoor
Roof Details:
- Age 8 Years or Less
- Architectural Shingle
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
2
3/4 Baths:
1
Bathroom Details:
- 1/2 Basement
- Bathroom Ensuite
- Double Sink
- Full Primary
- Jetted Tub
- Main Floor 1/2 Bath
- Main Floor 3/4 Bath
- Main Floor Full Bath
- Private Primary
- Separate Tub & Shower
- Steam Shower
- Two Basement Baths
Dining/Kitchen:
- Informal Dining Room
- Kitchen/Dining Room
Laundry:
- Laundry Room
- Lower Level
- Sink
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom 4 | 12 x 10 | 120 |
| Bedroom 2 | 12 x 15 | 180 |
| Bedroom 3 | 12 x 13 | 156 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | 38 x 13 | 494 |
| Dining Room | 13 x 14 | 182 |
| Great Room | 22 x 15 | 330 |
| Kitchen | 14 x 14 | 196 |
| Living Room | 14 x 13 | 182 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 19 x 13 | 247 |
| Laundry | 14 x 13 | 182 |
| Recreation Room | 23 x 14 | 322 |
| Storage | 9 x 9 | 81 |
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Panoramic
WF Frontage:
75
Waterfront:
Lake Front
Lot & Land
Acres:
0.52
Geolocation:
44.999795, -93.418111
Lot Dimensions:
75 x 335
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Island/Peninsula
- Tree Coverage - Medium
Schools
School District:
284
District Phone:
7637455000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$20,582
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$20,582
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
- City Water/Connected
- Well
Power Company Name:
Xcel Energy
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.