Arrowhead Bay Plat
Solid value in a growing area
Median $298K
People expect a lakefront subdivision to announce itself loudly—gates, marble mailboxes, the whole performance. What they find here is quieter: a platted neighborhood with a residential feel rather than a resort atmosphere. Homes range from compact A-frames to ranch and tri-level designs, many situated on modest lots. Roads are straightforward; nothing labyrinthine. The area reads residential rather than resort, which is the point.
Why people love it here
$298K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Arrowhead Bay Plat
Estimated Monthly Payment
$2,023/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 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 Plat home (around $298,000) at today's 6.66% 30-year fixed rate with 20% down, you'd need roughly $54k/year in household income to qualify — an estimated monthly payment of $2,009 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,009/mo | $53,569 |
| 10% (+PMI) | $2,312/mo | $61,655 |
| 5% (+PMI) | $2,414/mo | $64,374 |
Estimates use a 6.66% 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.
Atlas — Grand Rapids Real Estate
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Questions about Arrowhead Bay Plat? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Arrowhead Bay Plat
- What do homes cost in Arrowhead Bay Plat?
- The median home value in Arrowhead Bay Plat is about $298,000. Individual prices vary by street, size, and condition.
- How active is the Arrowhead Bay Plat housing market?
- no homes are listed in Arrowhead Bay Plat right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Arrowhead Bay Plat?
- Arrowhead Bay Plat is served by Tri County Area Schools.
Top contributors in Arrowhead Bay Plat
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