7841 Peninsular Drive Farwell, MI $ 499,000
7841 Peninsular Drive
$ 499,000
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7841 Peninsular Drive

Farwell, MI, 48622
$ 499,000
Bedrooms3 Baths2.0 Sq 2,706

Monthly Estimate*

$ 3,072

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Single Family Home for sale in Farwell, MI

for $499,000 with 3 bedrooms and 2 full baths. This 2,706 square foot home was built in 1978 on a lot size of 0.46.

Experience refined lakefront living on the all-sports shores of Five Lakes in Clare County. With 126 feet of pristine private frontage, this beautifully updated 3-bedroom, 2-bath residence offers an exceptional blend of comfort, style, and breathtaking waterfront views-plus a versatile fourth bedroom or private office on the lower level. Designed for both relaxation and entertaining, this sprawling ranch showcases a thoughtfully finished walkout lower level featuring an expansive family room that seamlessly extends to the outdoors. The primary suite serves as a true retreat, complete with a spacious walk-in closet and a spa-inspired walk-in shower. Walls of windows bathe the home in natural light while framing panoramic lake views from nearly every lakeside room. Step outside to over 1,200 square feet of elevated decking or unwind on the lower-level patio-perfectly positioned for sunset views and effortless indoor-outdoor living. The kitchen is appointed with granite countertops and modern WiFi-enabled appliances, flowing into a distinctive sunken living room anchored by a cozy wood-burning fireplace-ideal for year-round enjoyment. With a private dock included, this turnkey waterfront escape invites you to embrace the ultimate lakefront lifestyle in one of Central Michigan's most sought-after all-sports destinations.

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Single Family Contingent

Price

$ 499,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 4,220

Style

Ranch

Lot Size

0.46

Year Built

1978

Town/City

Farwell

County/Region

Clare

MLS | Web ID

61050204326

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Appliances Dishwasher Dryer Microwave Oven Refrigerator Range Washer
HOA Fee 262.0
Garage Spaces 2.0
Architectural Style Ranch
Pool Features None
Construction Materials VinylSiding
Year Built 1978
Levels One
Property Subtype SingleFamilyResidence
Tax Year 2024
Waterfront Features Waterfront
Assoc Fee Paid Per Annually
County Clare
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Contingency UnspecifiedContingencies
Subdivision Name FIVE LAKES
Garage Y/N Y
Other Structures Garages
Total Rooms 8
Full Baths 2
Status Keep Showing-Contgcy Appl
City GrantTownship_Clare
Body of Water Five Lakes
Disclosures NoEncroachment TaxesHomesteadExempt
Association Name Five Lakes
Senior Community Y/N N
High School District Farwell
MLS Area Area18151GrantTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4220.78
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status ActiveUnderContract
Legal Description T17N R4W SEC 9 7841 PENINSULAR DR LOTS 202 & 203 FIVE LAKES SUB NO 2
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Interior
Basement Block Finished WalkOutAccess
Fireplace Features FamilyRoom LivingRoom WoodBurning WoodBurningStove
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2000.0
Total Bedrooms 3
Below Grade Finished Area 706.0
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features TwoCarGarage Attached
Water Source Well
Foundation Details Basement Block
Spa N
Lot Dimensions N/A
Lot Size Acres 0.46
Road Surface Type Paved
Frontage Length 126
Frontage Type Waterfront
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7841
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* Excluded Features
List By
Erin Peffer

Listing Agent

Five Star Real Estate

Broker

(989) 429-6019

Phone

Affordability Calculator

$3,424
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$352
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848813 Elementary School
848285 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$499,000 Listed Price

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7841 Peninsular Drive, Farwell, MI, 48622 is a Single Family Home for sale at $499,000 with 2,706 sqft and a lot size of 0.46. 7841 Peninsular Drive has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 48622 which is in Farwell, MI