Penny Lake
Surrounded by nature
Median $255K·Walkability 1.8/10·Schools 5.0/10
...and out here you're right on the water—Woodbeck Lake is practically your backyard. It's a tight 31-acre stretch that feels genuinely removed, though you're only about 15 minutes from a coffee shop if the morning brew situation calls for it. Groceries and restaurants are a short drive away (3 miles and 2.8 miles respectively), so you're not completely remote, just far enough that the lake becomes the real draw. Half Moon Lake has public access if you want to explore beyond your own shoreline, a pleasant walk away. The trade-off is distance to downtown, which runs about an hour, but if you're choosing a lake area, that's the whole point—you're trading commute time for water access and room to breathe. It's the kind of place where you wake up thinking about the water before you think about anything else.
Why people love it here
Lake life
- Penny Lake within walking distance
- 5 parks within 1 mile
- Penny Lake: 0 min walk
- Twin Stone Lakes: 14 min walk
$255K median
- Assessor estimate
Lake facts
OpenStreetMapDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Conventional Mortgage Calculator
Median home price in Penny Lake
Estimated Monthly Payment
$1,732/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
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Flood Risk
None
Not in flood zone
Nearest Park
Half Moon Lake Public Access
0.8 mi
Parks Nearby
5
within 1 mile
Based on 1 rated school nearby
School District: Central Montcalm Public Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Sheridan Village Market
McDonald's
Sweet Stop Bakery & Coffee Shop
Half Moon Lake Public Access
Playground on N State Rd
Penny Lake
Beach at Pearl Lake
Meadow Loop
Fred Meijer Heartland Trail
Hundred Acre Woods Daycare
Crime in Penny Lake is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Montcalm County.
Montcalm County crime & safety stats →Solar potential
~$885/yr in electricity from a typical rooftop solar system
Produces ~6,456 kWh/yr · offsets ~61% of a typical home's use
Utility, solar, and service details for Penny Lake are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
🛒 Grocery(1)
Sheridan Village Market
Grocery Store
🍕 Restaurants(2)
Fast Food
🏫 Schools(2)
🌳 Parks(8)
+5 more within 5 miles
🚴 Trails(6)
Fred Meijer Heartland Trail
Bike Path
Bike Path
Bike Path
Unnamed bike_path
Bike Path
+3 more within 5 miles
👶 Childcare(1)
Hundred Acre Woods Daycare
Childcare Center
🏥 Hospitals(1)
Hospital
Frequently asked about Penny Lake
- What do homes cost in Penny Lake?
- The median home value in Penny Lake is about $255,150. Individual prices vary by street, size, and condition.
- What schools serve Penny Lake?
- Penny Lake is served by Central Montcalm Public Schools. Its highest-rated assigned school is Central Montcalm Middle High School (5/10).
- Is Penny Lake walkable?
- Penny Lake scores 1.8/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Penny Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.