Come check out this lakefront home situated on 170ft of frontage on the popular 5 Lakes in Farwell. This ranch home offers beautiful views of the lake, large balcony to enjoy a cup of coffee or a feast of entertaining. Includes 2 bedrooms on main level (master with ensuite bath), large living/dining area and quaint kitchen that leads out to expansive balcony, along with a bonus room in the basement (currently being used as 3rd bedroom), ginormous family area, storage, walkout basement to covered patio and even a kitchenette! This home is made for entertaining or using as dual living spaces. Plenty of storage outside with a shed for all your water “toys” along with detached garage. Permanent Cantilever dock makes winters much easier. Furnace 7 years old and AC unit 2 years old. Schedule your showing today! Note: There is a 12x15 storage/utility room in the basement
Sold for $400,000 on 01/24/25
$400,000
7941 Peninsular Dr, Farwell, MI 48622
2beds
2,056sqft
Single Family Residence
Built in 2002
5,662.8 Square Feet Lot
$415,900 Zestimate®
$195/sqft
$2,075 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 09, 2025 at 09:02am
Listed by:
Teresa Allen 517-819-8444,
Next Home Reality
Bought with:
Teresa Allen, 480513537
Next Home Reality
Source: MiRealSource,MLS#: 50158902
Originating MLS: Clare Gladwin Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Features: Carpet
- Level: First
- Area: 260
- Dimensions: 20 x 13
Bedroom 2
- Features: Carpet
- Level: First
- Area: 120
- Dimensions: 10 x 12
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: Basement
Dining room
- Features: Carpet
Family room
- Features: Carpet
- Level: Basement
- Area: 405
- Dimensions: 27 x 15
Kitchen
- Features: Vinyl
- Level: First
- Area: 132
- Dimensions: 12 x 11
Living room
- Features: Carpet
- Level: First
- Area: 294
- Dimensions: 21 x 14
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: First Floor Laundry
Features
- Flooring: Carpet, Vinyl
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,512
- Total interior livable area: 2,056 sqft
- Finished area above ground: 1,256
- Finished area below ground: 800
Property
Parking
- Total spaces: 1.5
- Parking features: Detached
- Garage spaces: 1.5
Features
- Levels: One
- Stories: 1
- Waterfront features: Waterfront
- Frontage length: 170
Lot
- Size: 5,662 sqft
- Dimensions: 5267
Details
- Parcel number: 01500930003
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Cottage
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & neighborhood
Location
- Region: Farwell
- Subdivision: Five Lakes
HOA & financial
HOA
- Has HOA: No
- Association name: Five Lakes Association
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional