Welcome to 505 E. Peninsula Court in Oxford, Michigan—an exceptional 2,600-square-foot lakefront home nestled within one of the area's most prestigious golf course communities. Built in 2003 and meticulously maintained, this stunning residence offers 4 bedrooms, 3.1 bathrooms, plus a finished daylight basement featuring an additional private primary suite, making it ideal for guests, multi-generational living, or extended entertaining.
A grand entry welcomes you into an expansive, light-filled floor plan showcasing soaring ceilings, spacious living areas, and timeless architectural details. Designed with both everyday comfort and elegant entertaining in mind, the home's open layout flows effortlessly into a beautifully appointed kitchen, creating the perfect setting for everything from casual family meals to holiday gatherings.
The luxurious primary suite has been beautifully updated with a completely renovated spa-inspired bathroom, offering a peaceful retreat at the end of the day. Throughout the home, thoughtful updates provide modern comfort and peace of mind, including a brand-new furnace, central air conditioning, hot water heater, and fresh carpeting, and much more making this truly a turn-key opportunity.
Step outside and enjoy the beauty of lakefront living with peaceful water views, beautifully maintained beach with treated water for safe swimming, and inviting outdoor spaces perfect for relaxing or entertaining.
Located just minutes from downtown Oxford, award-winning schools, parks, shopping, dining, and major commuter routes, this remarkable property combines luxury, convenience, and recreation in one of the community's most desirable neighborhoods.
Luxury lakefront homes in the Peninsula community rarely become available. Don't miss this incredible opportunity to own a beautifully updated, move-in-ready home where exceptional craftsmanship, modern amenities, golf community living, and serene waterfront views come together to create the ultimate Michigan lifestyle.
For sale
Price cut: $15K (9/8)
$525,000
505 E Peninsula Ct, Oxford, MI 48371
4beds
4,000sqft
Single Family Residence
Built in 2003
9,583 Square Feet Lot
$520,700 Zestimate®
$131/sqft
$53/mo HOA
What's special
- 35 days
- 1,114
- 55
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Sherice Jarson 586-404-3189,
Keller Williams Realty-Great Lakes 586-541-4000,
Erick Monzo 586-210-3350,
Keller Williams Realty-Great Lakes
Source: Realcomp II,MLS#: 20261061689
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 182
- Dimensions: 13 X 14
Bedroom
- Level: Second
- Area: 130
- Dimensions: 13 X 10
Bedroom
- Level: Second
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Second
- Area: 110
- Dimensions: 11 X 10
Other
- Level: Second
Other
- Level: Basement
Other
- Level: Second
Other
- Level: Entry
Other
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Dining room
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Family room
- Level: Entry
- Area: 195
- Dimensions: 15 X 13
Kitchen
- Level: Entry
- Area: 143
- Dimensions: 11 X 13
Library
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Living room
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fans, Central Air
Appliances
- Included: Dishwasher, Dryer, Free Standing Gas Oven, Free Standing Refrigerator, Microwave, Range Hood, Washer
Features
- Basement: Daylight,Finished
- Has fireplace: Yes
- Fireplace features: Family Room
Interior area
- Total interior livable area: 4,000 sqft
- Finished area above ground: 2,600
- Finished area below ground: 1,400
Property
Parking
- Total spaces: 2.5
- Parking features: Twoand Half Car Garage, Attached
- Attached garage spaces: 2.5
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Deck
- Exterior features: Lighting
- Pool features: None
- On waterfront: Yes
- Waterfront features: Beach Front, Lake Front, Lake Privileges
- Body of water: lake
Lot
- Size: 9,583 Square Feet
- Dimensions: 70 x 135
Details
- Parcel number: 0421427004
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Block, Brick, Wood Siding
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: LAKES EDGE AT WATERSTONE
HOA
- Has HOA: Yes
- HOA fee: $640 annually
Location
- Region: Oxford
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $179,300
- Annual tax amount: $6,668
- Date on market: 8/7/2026
- Cumulative days on market: 35 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$520,700
$495,000 - $547,000
$3,465/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $525,000-2.8%$131/sqft |
Source:  Realcomp II #20261061689 Report a problem | ||
| 8/20/2026 | Price change | $539,999-1.8%$135/sqft |
Source: Realcomp II #20261061689 Report a problem | ||
| 8/7/2026 | Listed for sale | $549,999+83.3%$137/sqft |
Source: Realcomp II #20261061689 Report a problem | ||
| 3/24/2014 | Sold | $300,000+0.4%$75/sqft |
Source: Public Record Report a problem | ||
| 1/11/2014 | Listed for sale | $298,700+15.1%$75/sqft |
Source: The Parrott Team LLC #214002408 Report a problem | ||
| 1/24/2013 | Sold | $259,505-16%$65/sqft |
Source: Public Record Report a problem | ||
| 4/17/2007 | Sold | $309,000$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,423 +8.1% | $227,330 +5.5% |
| 2024 | $5,940 +2.9% | $215,500 +15.4% |
| 2023 | $5,773 +4.6% | $186,740 +6.7% |
| 2022 | $5,518 +0.9% | $174,960 +4.5% |
| 2021 | $5,471 | $167,410 +6.9% |
| 2020 | -- | $156,540 +5.2% |
| 2019 | $5,167 +6.4% | $148,760 +2.3% |
| 2018 | $4,855 +0.2% | $145,360 |
| 2017 | $4,844 | $145,360 +2.3% |
| 2016 | $4,844 | $142,160 +1.7% |
| 2015 | -- | $139,730 +7% |
| 2014 | -- | $130,630 +26% |
| 2011 | -- | $103,700 -6.2% |
| 2010 | $3,627 +58.4% | $110,600 -10% |
| 2009 | $2,291 | $122,860 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48371
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