Balsam Waters Site Condominium
Strong schools draw families here
Median $960K·Walkability 2.5/10·Schools 8.6/10
Driving through Balsam Waters feels like stepping into somewhere intentional—tree-lined streets curve around wooded ravines and water views, with homes set back on generously sized lots that give the place real breathing room. The architecture ranges from Colonial and Craftsman to clean contemporary lines, all built between two thousand ten and twenty twenty when the developer, Mosaic Properties, designed this thirty-two-acre community around environmental stewardship. You'll notice the private fishing dock and miles of connecting bike paths threading through nearby Ada and Cascade, plus a working relationship with Knapp Valley Forest Park just a short walk away. It's the kind of layout where you can actually move through the neighborhood on foot or bike, but the real appeal is how much green space feels preserved around you—ravines, water frontage, and that sense of being nestled without being isolated.
Why people love it here
Knapp Forest Elementary School
- Elementary — 0.5 mi away
- Forest Hills
- 3 rated schools in district
$960K median
- 3 sales in last 12mo
Park-rich area
- 16 parks within 1 mile
- Grand Rapids Township Trails: 3 min walk
- Knapp Valley Forest Park: 11 min bike
Conventional Mortgage Calculator
Median home price in Balsam Waters Site Condominium
Estimated Monthly Payment
$6,517/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.
3 homes sold in Balsam Waters Site Condominium this year. Thinking of selling?
See what your home is worthBased on 8 rated schools nearby
Range: 7/10 to 10/10
School District: Forest Hills Public Schools
Median Sale Price
$960K
3 sales in last 12mo
Units
55
Complex Size
32.4 ac
55 units
Flood Risk
None
Not in flood zone
Nearest Park
Knapp Valley Forest Park
0.7 mi
Parks Nearby
16
within 1 mile
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
D&W Fresh Market
Tropical Smoothie Cafe
+1 more
Starbucks Coffee Company
Hopcat
Knapp Valley Forest Park
Unnamed playground
John Ball Lake
+1 more
Unnamed beach
Grand Rapids Township Trails
dog_park
3 Mile Rd & Knapp St Area Trail
Knapp Street Bridge Launch
+1 more
Orangetheory Fitness
+1 more
Meijer - Knapp's Corner
+1 more
Grand Valley Pharmacist
Miller Library
daycare
Celebration! Cinema North
+2 more
Crime in Balsam Waters Site Condominium 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 Balsam Waters Site Condominium home (around $960,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $170k/year in household income to qualify — an estimated monthly payment of $6,385 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $6,385/mo | $170,273 |
| 10% (+PMI) | $7,351/mo | $196,037 |
| 5% (+PMI) | $7,674/mo | $204,652 |
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.
Homeowners Association
Balsam Waters
Managed by Urban Monarch Management
Source: grar · unconfirmed
Local Government · area-wide
Grand Rapids Charter Township
Source: grandrapidstwp.org · unconfirmed
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
~$879/yr in electricity from a typical rooftop solar system
Produces ~6,410 kWh/yr · offsets ~61% of a typical home's use
Resident-arranged private hauler
Township lists private haulers; Kent County DPW waste guide at reimaginetrash.org.
Services for Grand Rapids · Source: grandrapidstwp.org
Utility, solar, and service details for Balsam Waters Site Condominium 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(20)
+17 more within 5 miles
🍕 Restaurants(8)
Pita Way - Grand Rapids Beltline
Restaurant
Fast Food
Pita Way Mediterranean Grill
Fast Food
P.F. Chang's
Restaurant
Mission BBQ
Restaurant
+3 more within 5 miles
☕ Coffee(16)
Starbucks Coffee Company
Café
Barnes & Noble
Café
Qahwah House Coffee - Grand Rapids
Café
+13 more within 5 miles
🍺 Bars(15)
+12 more within 5 miles
🏫 Schools(30)
Forest Hills Northern
Northern Trails 5/6 school
Kent Intermediate School District
Orchard View Elementary School
School
+25 more within 5 miles
💪 Gyms(11)
Fitness Center
Orangetheory Fitness
Fitness Center
YogaSix
Fitness Center
+8 more within 5 miles
🌳 Parks(4)
+1 more within 5 miles
🐕 Dog Parks(4)
Dog Park in Celadon New Town Residential
Dog Park
Dog Park in North End
Dog Park
Dog Park in Northeast
Dog Park
+1 more within 5 miles
🚴 Trails(5)
3 Mile Rd & Knapp St Area Trail
Bike Path
Unnamed bike_path
Bike Path
Bike Path
Bike Path
+2 more within 5 miles
⛵ Boat Launches(3)
Boat Launch
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(10)
+7 more within 5 miles
👶 Childcare(2)
🏥 Hospitals(2)
Forest View Hospital
Hospital
Hospital
📚 Libraries(5)
+2 more within 5 miles
Frequently asked about Balsam Waters Site Condominium
- What do homes cost in Balsam Waters Site Condominium?
- The median home value in Balsam Waters Site Condominium is about $960,000. Individual prices vary by street, size, and condition.
- How active is the Balsam Waters Site Condominium housing market?
- no homes are listed in Balsam Waters Site Condominium right now, and 3 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Balsam Waters Site Condominium?
- Balsam Waters Site Condominium is served by Forest Hills Public Schools. Its highest-rated assigned school is Eastern High School (10/10).
- Is Balsam Waters Site Condominium walkable?
- Balsam Waters Site Condominium scores 2.5/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.