For Sale
740 Peninsula Court, Ann Arbor, MI 48105
$297,500
MLS # 26023342 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,152 sqftBuilt 19760 acres
1 / 40
Listing Description
Terrific NEW price. Light-filled two story condo with private patio overlooking a serene lake view setting. Freshly painted throughout & well-maintained. Move-in ready. This condo offers the best of Ann Arbor living at an exceptional price. Beautiful water views from the Great room & Primary suite. Opportunity for Buyers to select their own colors & updates. 1st floor laminate wood floors stretches from the foyer to the kitchen into the 1st floor laundry room featuring a vaulted ceiling & extra storage space in overhead cabinets. Updates include brand-new energy-efficient gas furnace in 2024 and new top-of-the-line washer & dryer (2023). Convenient attached garage has a brand-new door plus keypad entry. Enjoy resort-style amenities: clubhouse, swimming pool, tennis courts, and walking paths. . Ideally located on the AATA bus line, just minutes from the Univ of Michigan campuses, Gallup Park & downtown Ann Arbor shops & restaurants.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,152 sq ft home built in 1976 sits in Geddes Lake in Ann Arbor.
Listed at $297,500 (about $258/sq ft).
Estimated annual property tax: $5,898, or about $492 monthly. 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
UtilitiesPhone Connected, Natural Gas Connected, Cable Connected, High-Speed Internet
InteriorCeiling Fan(s), Garage Door Opener, Pantry
Sale & Financing
Listed5/21/2026
Original Price$309,900
Terms AcceptedCash, Conventional
HOA
HOA Fee$445 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$5,898
Tax Year2026
Assessed Value$113,800
Parcel #09-09-26-204-128
Source: SparkMLS
Legal Description
UNIT 128 GEDDES 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 Glenda Gerbstadt
Coldwell Banker Professionals
Frequently Asked Questions about 740 Peninsula Court, Ann Arbor, MI 48105
What school district is 740 Peninsula Court, Ann Arbor, MI 48105 in?
Per MLS# 26023342, this property is served by Ann Arbor. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26023342, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26023342, the most recent reported annual property tax for 740 Peninsula Court, Ann Arbor, MI 48105 is $5,898 (2026). 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.
Is 740 Peninsula Court, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 740 Peninsula Court, Ann Arbor, MI 48105 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$2,375
Principal & interest$1,930
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
740 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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