For Sale
718 Peninsula Court, Ann Arbor, MI 48105
$317,000
MLS # 26028696 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,152 sqftBuilt 19760 acres
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Listing Description
Welcome to the sought-after Geddes Lake community, with scenic ponds, walking trails, mature grounds, a clubhouse, swimming pool, and playground. This two-bedroom, one-and-a-half-bath home sits in a premium spot, with both the main living space and the primary bedroom overlooking the pond for water views and natural light throughout the day. One-car attached garage plus plentiful guest parking. The kitchen was fully remodeled with wood cabinetry, granite counters, and new appliances. The upper-level bath was updated with a new vanity, tile, and fixtures. With a 2024 energy-efficient furnace and A/C, updated water heater, washer and dryer, the major systems are already in place for a comfortable and low-maintenance home. Enjoy a private patio for relaxing outdoors. The location is hard to beat: U-M North Campus is a 5 min drive, Central Campus, the VA Hospital, and Michigan Medicine all under 10 min.
Source: SparkMLS
About this home
Located in Geddes Lake in Ann Arbor, this property offers 2-bedroom, 2-bath, 1,152 sq ft, with original construction dating to 1976.
Asking $317,000 (about $275/sq ft).
Annual property taxes run approximately $6,368 ($531/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,152 sqft
Year Built1976
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionHardiPlank Type
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Storm Sewer
InteriorGarage Door Opener
Sale & Financing
Listed6/10/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$445 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$6,368
Tax Year2025
Assessed Value$122,962
Parcel #09-09-26-204-111
Source: SparkMLS
Legal Description
UNIT 111GEDDES LAKE CONDOMINIUMS SPLIT ON 09/04/2008 FROM 09-09-26-200-005, 09-09-26-200-006;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kirk Glassel
The Charles Reinhart Company
Frequently Asked Questions about 718 Peninsula Court, Ann Arbor, MI 48105
Which school district serves 718 Peninsula Court, Ann Arbor, MI 48105?
Per MLS# 26028696, 718 Peninsula Court, Ann Arbor, MI 48105 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26028696, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 718 Peninsula Court, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $6,368 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 718 Peninsula Court, Ann Arbor, MI 48105 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 718 Peninsula Court, Ann Arbor, MI 48105 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 718 Peninsula Court, Ann Arbor, MI 48105?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,501
Principal & interest$2,056
HOA$445
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
718 Peninsula Court, Ann Arbor, MI 48105
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Neighborhood
Geddes Lake
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Community
Ann Arbor
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County
Washtenaw County
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