Banks Lake Plat photo 1
Subdivision14.9 acres

Banks Lake Plat

Solid value in a growing area

🏙️24 mito Downtown GR
🏞️46 mito Lake Michigan
🏷️Below-average home prices
GR

Questions about Banks Lake Plat?

Grand Rapids Real Estate Co.

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💰Home Values

$275K median

  • 1 recent sale
  • $89K median household income
  • 94% owner-occupied
🌊Nature & Outdoors

Near the water

  • Woodbeck Lake — 0.6 mi
  • 4 parks within 1 mile
  • SPENCER FOREST: 8 min bike
🎓Schools
60

Above average schools

  • Greenville Public Schools
  • 1 rated school nearby
  • 1 elementary, 0 middle, 0 high
🛝Walk to a playground

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

$1,867/mo

$
$55,000
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: $275,000

You have options here

Your budget of $336,712 opens up homes in Banks Lake Plat

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Car loans, student loans, credit cards, etc.

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20%

$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

6.0
/10 avg
Above average 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

6Lincoln Heights Elementary SchoolElementary · PK-05 · 432 students · 17:1 · 0.0 mi

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

Data sources: parcels, sales, schools · Updated 4/22/2026