Arrowhead Bay No 3 Plat
Solid value in a growing area
Median $518K
Road access runs clean along the eastern shore, where homes sit on double lots and spacious grounds. This stretch sits roughly a mile and a half from dining, and about the same distance south to Minnie Farmer Park, making it a quiet residential anchor rather than a destination unto itself. Horseshoe Lake lies just a few hundred feet away, adding another layer of water access to the area.
Why people love it here
$518K median
- 2 recent sales
Conventional Mortgage Calculator
Median home price in Arrowhead Bay No 3 Plat
Estimated Monthly Payment
$3,513/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.
Crime in Arrowhead Bay No 3 Plat 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 →To buy a median-priced Arrowhead Bay No 3 Plat home (around $517,500) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $92k/year in household income to qualify — an estimated monthly payment of $3,442 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,442/mo | $91,788 |
| 10% (+PMI) | $3,963/mo | $105,676 |
| 5% (+PMI) | $4,137/mo | $110,320 |
Estimates use a 6.49% 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.
Flood Risk
None
Not in flood zone
Nearest Park
Minnie Farmer Park
1.8 mi
Parks Nearby
0
within 1 mile
🏫 Schools(4)
School
Gaffield School
School
School
🚴 Trails(4)
+1 more within 5 miles
👶 Childcare(1)
Edgerton Building
Daycare
Frequently asked about Arrowhead Bay No 3 Plat
- What do homes cost in Arrowhead Bay No 3 Plat?
- The median home value in Arrowhead Bay No 3 Plat is about $517,500. Individual prices vary by street, size, and condition.
- How active is the Arrowhead Bay No 3 Plat housing market?
- there is 1 home for sale in Arrowhead Bay No 3 Plat right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Arrowhead Bay No 3 Plat?
- Arrowhead Bay No 3 Plat is served by Tri County Area Schools.