Paradise Lake Area
Quiet lots near top schools
The quick answer
Paradise Lake Area is a neighborhood, part of Forest Hills Public Schools and about 8 miles from downtown Grand Rapids. Homes here typically sell for around $570,000.
4 homes for sale·Median $570K·Walkability 1.3/10·Schools 8.3/10
Late afternoon light hits the brick and HardiPlank ranches here just right, warming the tree-lined streets as residents pull into driveways on half-acre lots. The Thornapple River runs through the area, and downtown's restaurants and shops—36 of them within a mile—sit close enough that the smell of coffee or dinner drifts in from nearby. A grocery store is a four-minute walk away, and the social district just beyond means you can move between dinner and a drink without much planning.
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Why people love it here
23,762 sq ft avg lots
- 61 homes
Ada Elementary School
- Elementary — 0.9 mi away
- Forest Hills
- 4 rated schools in district
$570K median
- 25 sales in last 12mo
Notable nearby
Conventional Mortgage Calculator
Median home price in Paradise Lake Area
Estimated Monthly Payment
$3,870/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.
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.
25 homes sold in Paradise Lake Area this year. Thinking of selling?
See what your home is worthBased on 9 rated schools nearby
Range: 7/10 to 10/10
School District: Forest Hills Public Schools
Median Sale Price
$570K
25 sales in last 12mo
Parks Nearby
0
within 1 mile
Nearest Park
Lions Park
1.2 mi
Expected Rent
$2,800/mo
$2,475 – $3,150 · estimated range
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Ada Fresh Market
Vitales Pizza of Ada Inc
+1 more
Brody's Be Cafe
Schnitz Ada Grill
+1 more
Leonard Field
+1 more
Unnamed playground
Paradise Lake
+1 more
Unnamed beach
Ada Township Trails
Ada Dr Area Trail
Ada - Grand River Launch
Walgreens
Amy Van Andel Library (KDL)
daycare
Phoenix Theatres Woodland Mall
Crime in Paradise Lake Area 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 Kent County.
Kent County crime & safety stats →To buy a median-priced Paradise Lake Area home (around $570,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $102k/year in household income to qualify — an estimated monthly payment of $3,839 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,839/mo | $102,383 |
| 10% (+PMI) | $4,419/mo | $117,841 |
| 5% (+PMI) | $4,614/mo | $123,036 |
Estimates use a 6.65% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Who actually lends in Paradise Lake Area, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$877/yr in electricity from a typical rooftop solar system
Produces ~6,397 kWh/yr · offsets ~61% of a typical home's use
Municipal / public water
Based on assessor parcel records
Municipal sewer
Based on assessor parcel records
Resident-arranged private hauler
Joint enhanced-services agreement with Cascade & Grand Rapids Twps; community policing 616-632-3220.
Services for Ada Township · Source: NREL Utility Rates API
Utility, solar, and service details for Paradise Lake Area 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.
Flood Risk
None
Not in flood zone
Nearest Park
Lions Park
1.2 mi
Parks Nearby
0
within 1 mile
🛒 Grocery(12)
Ada Fresh Market
Grocery Store
Ada Market
Grocery Store
Forest Hills Foods
Grocery Store
+9 more within 5 miles
🍕 Restaurants(7)
Vitales Pizza of Ada Inc
Restaurant
Vitale's of Ada
Restaurant
Lalo's Mexican Grill & Bar
Restaurant
Kamchi
Restaurant
Fast Food
+2 more within 5 miles
☕ Coffee(13)
+10 more within 5 miles
🍺 Bars(16)
Schnitz Ada Grill
Bar
The Lark - Wine Bar of Ada
Bar
Zeytin Turkish Restaurant
Bar
+13 more within 5 miles
🏫 Schools(18)
Knapp School
School
School
+13 more within 5 miles
🌳 Parks(3)
🐕 Dog Parks(4)
Cascade Hospital for Animals Dog Park
Dog Park
Dog Park in 29th St & East Paris Ave Area
Dog Park
Dog Park in Country Brook Estates Area
Dog Park
+1 more within 5 miles
🚴 Trails(5)
Bike Path
Bike Path
Ada Dr & E Fulton St Area Trail
Bike Path
Unnamed bike_path
Bike Path
+2 more within 5 miles
⛵ Boat Launches(2)
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
🏥 Hospitals(1)
Forest View Hospital
Hospital
📚 Libraries(4)
+1 more within 5 miles
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Paradise Lake Area? Our team can help with availability, schools, and what it's really like to live here.
Living in Paradise Lake Area: the details
Is Paradise Lake Area a good place to live?
If you're after a quick drive to downtown Grand Rapids and room to spread out on larger lots, Paradise Lake Area is worth a close look — here is what the data shows. Day to day, it is mostly a drive-first area, so you will use a car for groceries, dining and errands. This neighborhood is part of Forest Hills Public Schools. Expect prices centered around $570,000.
What does it cost to live in Paradise Lake Area?
The median home value in Paradise Lake Area is about $570,000. There are 4 homes for sale here right now and 25 homes sold here in the past year.
Frequently asked about Paradise Lake Area
- What do homes cost in Paradise Lake Area?
- The median home value in Paradise Lake Area is about $570,000. Individual prices vary by street, size, and condition.
- How active is the Paradise Lake Area housing market?
- there are 4 homes for sale in Paradise Lake Area right now, and 25 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Paradise Lake Area?
- Paradise Lake Area is served by Forest Hills Public Schools. Its highest-rated assigned school is Ada Elementary School (10/10).
- Is Paradise Lake Area walkable?
- Paradise Lake Area scores 1.3/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
