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Atlas — Grand Rapids Real Estate

A hyper-local geographic knowledge system for Greater Grand Rapids. Fall in love with a place, then find a home there.

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2279 New Town Dr, Grand Rapids, MI 49525
(616) 308-7946 · support@grandrapids.realestate

Operated by Grand Rapids Real Estate Co., a sub-brokerage of AARE · Licensed broker: Jon Hazeltine, Michigan license #6502432782

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© 2026 Grand Rapids Real Estate Co.. All rights reserved. · Equal Housing Opportunity

IDX data provided by MichRIC MLS · @grandrapidsrealestateco

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Home/Neighborhoods/Penny Lake
Lake Area31.3 acres

Penny Lake

Surrounded by nature

Published by Atlas — Grand Rapids Real Estate · data computed by Atlas · reviewed under Jon Hazeltine, Broker Associate (MI #6502432782)
Show on map

Median $255K·Walkability 1.8/10·Schools 5.0/10

🏙️36 mito Downtown GR(~1h 12m drive)
🏞️60 mito Lake Michigan(~2h drive)

...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.

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Why people love it here

🌊Nature & Outdoors

Lake life

  • Penny Lake within walking distance
  • 5 parks within 1 mile
  • Penny Lake: 0 min walk
  • Twin Stone Lakes: 14 min walk
💰Home Values

$255K median

  • Assessor estimate
🏞️

Lake facts

OpenStreetMap
Homes on lake11parcels

Depth, fish species, and motor restrictions sourced from MI DNR — coming soon.

Loading map…

Conventional Mortgage Calculator

Median home price in Penny Lake

Estimated Monthly Payment

$1,732/mo

$
$51,030
20%
%
Principal & Interest $1,32476%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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.

Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

Flood Risk

None

Not in flood zone

Nearest Park

Half Moon Lake Public Access

0.8 mi

Parks Nearby

5

within 1 mile

5.0
/10 avg
Average schools

Based on 1 rated school nearby

School District: Central Montcalm Public Schools

5Central Montcalm Middle High SchoolHigh · 06-12 · 786 students · 20:1 · 1.7 mi
NRCentral Montcalm Upper Elem SchoolElementary · 03-05 · 278 students · 15:1 · 1.7 mi
NRCentral Montcalm Elementary SchoolElementary · PK-02 · 301 students · 15:1 · 2.4 mi

Walkability

1.8

Car-dependent

Overall walkability score out of 10

🛒Daily Errands— Grocery, pharmacy
0.0
🍽️Dining— Restaurants, cafes, bars
0.5
🌳Nature— Parks, trails
4.1
🚌Transit— Bus stops, stations
0.0
💪Fitness— Gyms, recreation
0.0

Based on actual walk/bike/drive times to nearby amenities via Mapbox

🛒Grocery Stores
Quick drive

Sheridan Village Market

6 mindrive
🍽️Restaurants
Quick drive

McDonald's

6 mindrive
Subway
6 mindrive
☕Coffee Shops
Bikeable

Sweet Stop Bakery & Coffee Shop

12 minbike· 5 min drive
Woodside Café
5 mindrive
🌳Parks
Bikeable

Half Moon Lake Public Access

10 minbike· 29 min walk· 4 min drive
Stanton State Game Area
8 mindrive
Park on N State Rd
5 mindrive
Fire House Playground
5 mindrive
🛝Playgrounds
Quick drive

Playground on N State Rd

6 mindrive· 14 min bike
Pearl Lake Playground
5 mindrive
Playground on 22 Mile Rd
7 mindrive
🏞️Lakes & Water
Easy walk

Penny Lake

<1 minwalk· <1 min bike· <1 min drive
Twin Stone Lakes
14 minwalk
Half Moon Lake
8 minbike
Colby Lake
9 minbike
🏖️Beaches
Quick drive

Beach at Pearl Lake

5 mindrive
🥾Hiking Trails
Short drive

Meadow Loop

4 mindrive· 13 min bike
🚴Bike Paths
Quick drive

Fred Meijer Heartland Trail

6 mindrive· 14 min bike
Unnamed bike_path
6 mindrive
👶Daycares
Quick drive

Hundred Acre Woods Daycare

6 mindrive

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

3.1 mimap

🍕 Restaurants(2)

McDonald's

Fast Food

3.0 mimap
Subway

Fast Food

3.0 mimap

☕ Coffee(2)

Sweet Stop Bakery & Coffee Shop

Café

1.5 mimap

Woodside Café

Café

1.5 mimap

🏫 Schools(2)

Montcalm Central High School

School

1.7 mimap

Central Montcalm Elementary School

School

2.4 mimap

🌳 Parks(5)

Half Moon Lake Public Access

0.8 mimap

Stanton State Game Area

1.6 mimap

Park on Decker Rd

2.1 mimap

+2 more within 5 miles

🚴 Trails(5)

Fred Meijer Heartland Trail

Bike Path

1.8 mimap

Bike Path

Bike Path

1.8 mimap

Unnamed bike_path

Bike Path

1.8 mimap

+2 more within 5 miles

👶 Childcare(1)

Hundred Acre Woods Daycare

Childcare Center

1.9 mimap

🏥 Hospitals(1)

Sheridan Community Hospital

Hospital

2.4 mimap
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about Penny Lake? Our team can help with availability, schools, and what it's really like to live here.

Call

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.

GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about Penny Lake? Our team can help.

Call
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Conventional Mortgage Calculator

Median in Penny Lake

Estimated Monthly Payment

$1,732/mo

$
$51,030
20%
%
Principal & Interest $1,32476%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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.

Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.

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