718 Peninsula Court

About this home

This move-in ready home was just freshly painted throughout and new vinyl plank flooring installed on the main level. The furnace and central air conditioning were replaced in 2024, and the water heater was replaced in 2020. Additional improvements include an updated washer and dryer, newer kitchen appliances, a recently remodeled kitchen, and an updated upper-level bathroom. Located in the sought-after Geddes Lake community, residents enjoy scenic ponds, walking trails, mature grounds, a clubhouse, swimming pool, and playground. This two-bedroom, one-and-a-half-bath home occupies a premium setting, with both the main living area and primary bedroom overlooking the pond--providing peaceful water views and abundant natural light throughout the day. A one-car attached garage and plentiful guest parking add everyday convenience.Relax outdoors on the private patio. U-M North Campus, Central Campus, the VA Hospital, and Michigan Medicine are all very close by. An AATA bus stop at the entrance of the community provides additional transportation options, and Kroger, Whole Foods, and other everyday conveniences are just a short drive away. The home is located within the Ann Arbor Public Schools district, serving Thurston Elementary, Clague Middle School, and nearby Huron High School. Gallup Park and the Huron River are also right around the corner. Home Energy Score of 8. Download the report at a2gov.org/herdmap.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Ann Arbor

Over the last 90 days, 328 homes sold in Ann Arbor for a median of $469,500, about $244 per square foot, and the typical one went under contract in 18 days. This home is listed at $299,900, or $260 per square foot, 7% above the city median, and has been on the market 4 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ann Arbor sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,369 a year. A buyer who lives here would pay about $6,541 to $7,976 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.67 mills for Ann Arbor City and Ann Arbor schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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