For Sale: Medicine Lake MLS# 7046332
Active
NEW!
$1,500,000
Single Family: 2 Stories
5 br • 4 ba • Built 1987
4,105 sqft • 0.54 acres
Wayzata schools
MLS# 7046332
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Experience the Pinnacle of Lakeside Living on Medicine Lake
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" 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,500,000
Price per sq ft:
$365
Property Type:
Single Family
City:
Medicine Lake
Garage Spaces:
3
County:
Hennepin
Year Built:
1987
State:
MN
Property Style:
2 Stories
Zip Code:
55441
Subdivision Name:
Medicine Lake Park 1st Div
Interior
Bedrooms:
5
Bathrooms:
4
Finished Area:
4,105 ft2
Total Fireplaces:
3
Living Area:
4,105 ft2
Common Wall:
No
Appliances Included:
- Cooktop
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Exhaust Fan
- Humidifier
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
- Water Softener Owned
- Wine Cooler
Fireplace Details:
- Amusement Room
- Family Room
- Gas
- Living Room
- Primary Bedroom
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
34x29
Garage Size:
528 ft2
Air Conditioning:
Central Air, Ductless Mini-Split
Foundation Size:
1,720 ft2
Handicap Accessible:
None
Out Buildings:
Storage Shed
Heating System:
- Ductless Mini-Split
- Forced Air
- In-Floor Heating
Parking Features:
- Attached Garage
- Finished Garage
- Garage Door Opener
- Heated Garage
- Insulated Garage
Unit Amenities:
- Deck
- Dock
- Hardwood Floors
- Kitchen Center Island
- Kitchen Window
- Local Area Network
- Paneled Doors
- Patio
- Tile Floors
- Walk-In Closet
- Washer/Dryer Hookup
- Wet Bar
Road Frontage:
City Street
Exterior Material:
Frame
Rooms
1/4 Baths:
None
Full Baths:
3
Half Baths:
1
3/4 Baths:
None
Bathroom Details:
- Bathroom Ensuite
- Double Sink
- Full Primary
- His and Her Closets
- Main Floor Full Bath
- Separate Tub & Shower
- Upper Level 1/2 Bath
- Upper Level Full Bath
- Walk-In Shower Stall
Dining/Kitchen:
- Breakfast Bar
- Eat In Kitchen
- Informal Dining Room
- Kitchen/Dining Room
Laundry:
- Gas Dryer Hookup
- Laundry Room
- Main Level
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bonus Room | 34 x 22 | 748 |
| Deck | 14 x 14 | 196 |
| Bedroom 5 | 11 x 10 | 110 |
| Bedroom | 18 x 17 | 306 |
| Bedroom 4 | 14 x 10 | 140 |
| Bedroom 2 | 14 x 10 | 140 |
| Bedroom 3 | 13 x 13 | 169 |
| Level | Size | Sq Ft |
|---|---|---|
| Foyer | 12 x 8 | 96 |
| Level | Size | Sq Ft |
|---|---|---|
| Informal Dining Room | 14 x 12 | 168 |
| Level | Size | Sq Ft |
|---|---|---|
| Office | 16 x 12 | 192 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Family Room | 22 x 14 | 308 |
| Kitchen | 18 x 14 | 252 |
| Laundry | 10 x 6 | 60 |
| Mud Room | 11 x 8 | 88 |
| Patio | 14 x 14 | 196 |
Lake & Waterfront
Waterfront Present:
Y
WF Frontage:
59
Elev Highpt to WF feet:
4-10
Waterfront:
Lake Front
Lot & Land
Acres:
0.54
Geolocation:
44.995942, -93.416011
Lot Dimensions:
98 x 330 x 60 x 330
Zoning:
- Residential-Single Family
- Shoreline
Lot Description:
- Accessible Shoreline
- Tree Coverage - Light
Schools
School District:
284
District Phone:
7637455000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$16,456
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$16,456
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
- City Water - In Street
- Well
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 Coldwell Banker Realty.
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.