
Banks Lake Plat
Explore Banks Lake Plat — a platted subdivision in Greater Grand Rapids.
“Solid value in a growing area”
$275K median
- 1 recent sale
- $89K median household income
- 94% owner-occupied
Near the water
- Woodbeck Lake — 0.6 mi
- 4 parks within 1 mile
- SPENCER FOREST: 8 min bike
Above average schools
- Greenville Public Schools
- 1 rated school nearby
- 1 elementary, 0 middle, 0 high
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.
Mortgage Calculator
Median home price in Banks Lake Plat
Estimated Monthly Payment
$1,867/mo

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: $275,000
You have options here
Your budget of $336,712 opens up homes in Banks Lake Plat
Car loans, student loans, credit cards, etc.
$1,206/mo
Median Rent
1 sold in the past 12 months — homes here go fast
At a Glance
Recent Sale Price
$275K
1 recent sale
Parcels / Units
16
Median Lot Size
0.34 ac
0.21 ac – 0.54 ac
Median Income
$89K
Household
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
Nearby Schools
Based on 1 rated school nearby
Elementary
1
K-5 nearby
Middle
0
6-8 nearby
High School
0
9-12 nearby
School District: Greenville Public Schools
1 sold in the past 12 months — homes here go fast