Subdivision14.9 acres

Banks Lake Plat

Median $550K·Schools 6.0/10

Surrounded by nature

🏙️24 mito Downtown GR
🏞️46 mito Lake Michigan
💰Top 20% home values
GR

Questions about Banks Lake Plat?

Grand Rapids Real Estate Co.

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🌊Nature & Outdoors

Near the water

  • Woodbeck Lake — 0.6 mi
  • 4 parks within 1 mile
  • Banks Lake: 5 min walk
  • Woodbeck Lake: 10 min walk
💰Home Values

$550K median

  • Based on 3yr sales
🛝Walk to a playground
🧑‍🌾Farmers market nearby

You wake up here and the first thing different is space—15 acres platted into modest lots that actually breathe, each one around a third of an acre, the kind of size where you're not measuring your neighbor's lawn through your kitchen window. Homes run around $567K, and Greenville Public Schools handles the district. Spencer Forest is a 10-minute walk, one of four parks within a mile, and Woodbeck Lake sits less than a half-mile away if you want water without driving. The trade-off is predictable: groceries and restaurants live a few miles out, so you're doing the drive. Downtown Grand Rapids is about 40 minutes if you need it, but honestly, once you're settled into the rhythm here—the land, the quiet lots, the forest at your back—you stop calculating trips the way you used to.

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Grand Rapids Real Estate Co.

Local real estate specialists

Questions about Banks Lake Plat? Our team can help with availability, schools, and what it's really like to live here.

Mortgage Calculator

Median home price in Banks Lake Plat

Estimated Monthly Payment

$3,734/mo

$
$110,000
20%
%
Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access

Your Budget in Banks Lake Plat

Median home price: $550,000

See homes that fit your budget

Your budget of $284,976 works for starter homes and condos in this area

Tip: A lower down payment or first-time buyer programs could help you get here sooner.

$

Car loans, student loans, credit cards, etc.

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20%

1 sold in the past 12 months — homes here go fast

Environment & Amenities

Flood Risk

None

Not in flood zone

Nearest Park

SPENCER FOREST

0.5 mi

Parks Nearby

4

within 1 mile

Nearest Lake

Woodbeck Lake

0.6 mi

1 sold in the past 12 months — homes here go fast

Top contributors in Banks Lake Plat

Data sources: sales, schools · Updated 5/13/2026