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.
Mortgage Calculator
Median home price in Penny Lake
Estimated Monthly Payment
$1,732/mo
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. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Flood Risk
None
Not in flood zone
Nearest Park
Half Moon Lake Public Access
0.8 mi
Parks Nearby
5
within 1 mile
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
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