Basford Lake
Surrounded by nature
Median $399K·Walkability 2.4/10·Schools 3.7/10
Early morning light hitting the water is when you'll really see what draws people out here — the lake spreads out calm and reflective, and the 2-acre wooded lots backing onto it feel genuinely removed from everything else. Basford Lake is just 0.1 miles away, offering all-sport recreation and sandy beaches perfect for a long summer weekend or full-time escape. The homes sit on paved county roads among tall trees, and a lot of them are updated chalets and ranch-style places with decks overlooking meadows and water views. It's about an hour and fifty minutes north of downtown, so it reads more as a proper retreat than a commuter area — the kind of place where you're renting for a long summer weekend or banking on a full-time escape, not squeezing in a quick evening paddle.
Why people love it here
Lake life
- Basford Lake within walking distance
- 5 parks within 1 mile
- Duck Lake: 10 min walk
- Basford Lake: 13 min walk
$399K median
- 7 sales in last 12mo
Lake facts
MI DNRConventional Mortgage Calculator
Median home price in Basford Lake
Estimated Monthly Payment
$2,709/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.
7 homes sold in Basford Lake this year. Thinking of selling?
See what your home is worthFlood Risk
None
Not in flood zone
Nearest Park
Lake Township Park
1.0 mi
Parks Nearby
5
within 1 mile
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Duck Lake
+1 more
Crime in Basford Lake 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 Lake County.
Lake County crime & safety stats →To buy a median-priced Basford Lake home (around $399,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $71k/year in household income to qualify — an estimated monthly payment of $2,654 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,654/mo | $70,770 |
| 10% (+PMI) | $3,055/mo | $81,478 |
| 5% (+PMI) | $3,190/mo | $85,059 |
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.
Solar potential
~$892/yr in electricity from a typical rooftop solar system
Produces ~6,242 kWh/yr · offsets ~59% of a typical home's use
Utility, solar, and service details for Basford Lake 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.
Frequently asked about Basford Lake
- What do homes cost in Basford Lake?
- The median home value in Basford Lake is about $399,000. Individual prices vary by street, size, and condition.
- How active is the Basford Lake housing market?
- there is 1 home for sale in Basford Lake right now, and 7 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Basford Lake?
- Basford Lake is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).
- Is Basford Lake walkable?
- Basford Lake scores 2.4/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Basford Lake
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