$524,000

7841 Peninsular Dr Farwell, MI 48622

$6,223
Closing credit¹
3 beds
2 full
2,706 sqft
0.5 acres
$194 / sqft
House

Property details

About 7841 Peninsular Dr

Fall in love with the lake life at all-sports Five Lakes in Clare County. Enjoy stunning waterfront views and 126 feet of private frontage in this beautifully updated 3-bedroom, 2-bath home-plus a potential 4th bedroom or office on the lower level of this sprawling ranch home. The spacious layout features a finished walkout basement with a large family room, perfect for entertaining or relaxing after a day on the lake. The primary suite offers a luxurious retreat with a walk-in closet and walk-in shower. Natural light pours in through abundant windows, showcasing the scenic lake views from every room on the lakeside of the home. Walk out onto the 1200 square feet deck or lower level patio for your outdoor relaxation or entertainment. Granite countertops and wifi appliances in the kitchen with a sunken living room and wood-stove fireplace for those cozier winter nights. Dock included-move in and start living the lakefront dream!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,706 sqft
BasementYes
Lot size0.46 Acres
Year built1978
ParkingTwo Car Garage, Assigned 2 Spaces, Attached, Garage
MLS #61050171920
Attached garage2 spaces
WaterfrontLake, Lake Front, Water Access, Waterfront
FireplaceWood Burning

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: Yes
  • Fireplace: Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Two Car Garage, Assigned 2 Spaces, Attached, Garage
  • Waterfront: Lake, Lake Front, Water Access, Waterfront
  • Exterior: Balcony, Spa Hottub
  • Architectural Style: Ranch
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $524,000
  • Price/SqFt: $193
  • HOA Amount: $262 Annually
  • Annual Tax Amount: $4,093
  • Tax Year: 2024
  • Year Built: 1978
  • Living Area: 2,706 SqFt
  • Lot Size: 0.46 Acres
  • MLS Number: 61050171920
  • MLS Name: Saginaw Board of REALTORS
  • Office Name: Five Star Real Estate
  • Office Phone: (989) 533-5270
  • Listing Agent: Erin Peffer, Whitney Peffer

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7841 Peninsular Dr, Farwell, MI 48622 - exterior space with fence and a deck with water view

$524,000

7841 Peninsular Dr

$6,223

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$171,761$4,093
2023$169,153$-
2022$147,691$-
2021$154,000$-
2020$146,500$-

History based on county public records data.

Nearby schools

4

Farwell Elementary School

Public Magnet KG-3

3.9 mi

268 E Ohio St

4

Clare Primary School

Public District KG-4

4.1 mi

205 E Wheaton Ave

3

Robert M Larson Elementary School

Public District KG-2

9.7 mi

455 W Spruce St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,263. Most Farwell, MI residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
70%
35k-100k
6%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
7%
Single, with Kids
46%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7841 Peninsular Dr

The listing price of 7841 Peninsular Dr property is $524,000.

The property 7841 Peninsular Dr is a house located in Farwell, Michigan, 48622.

Active Listing: 7841 Peninsular Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7841 Peninsular Dr are: Farwell Elementary School (GreatSchools Rating 4/10), Clare Primary School (GreatSchools Rating 4/10), Robert M Larson Elementary School (GreatSchools Rating 3/10), Farwell Middle School (GreatSchools Rating 4/10), Clare Middle School (GreatSchools Rating 5/10), Harrison Middle School (GreatSchools Rating 4/10), Clare Pioneer High School (GreatSchools Rating 4/10), Farwell High School (GreatSchools Rating 6/10), Clare High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $4,093 (source: MLS/based on county public records data).

The property at 7841 Peninsular Dr has 3 bedrooms and 2 bathrooms.

The property 7841 Peninsular Dr is 2,706 SqFt (source: MLS/tax record).

The year of construction for 7841 Peninsular Dr is 1978.

This home is located at 7841 Peninsular Dr in Farwell, MI and zip code 48622. This 2,706 square foot home, which was built in 1978, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $524,000.

Over 2 listings were sold over their listed price in May 2025 in Farwell, MI. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. In May 2025 in Farwell, MI there were 11.1% more homes for sale than in April. In May 2025, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $195,000.

From Rocket Homes Real Estate and based on county public records data.

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