Basford Ridge
Solid value in a growing area
Median $400K·Schools 3.7/10
What strikes most people about this stretch is how close the water really is—Lake Michigan sits just a tenth of a mile away, close enough that you can smell it on the right breeze. The subdivision itself sits along the shoreline, with homes on wooded lots and lakefront properties that pull in sunrise views and sandy beach access. An unnamed park about half a mile down the road gives a quieter alternative to the beach. The landscape here reads as genuine Michigan shoreline—dense trees, open water, room to breathe—which is exactly what keeps people coming back to this particular corner of the state.
Why people love it here
$400K median
- 3 sales in last 12mo
Mortgage Calculator
Median home price in Basford Ridge
Estimated Monthly Payment
$2,716/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
3 homes sold in Basford Ridge this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in Basford Ridge 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 Ridge home (around $400,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $71k/year in household income to qualify — an estimated monthly payment of $2,648 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,648/mo | $70,611 |
| 10% (+PMI) | $3,049/mo | $81,304 |
| 5% (+PMI) | $3,183/mo | $84,873 |
Estimates use a 6.43% 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 an APR or a commitment to lend — your actual rate and payment will vary.
Flood Risk
None
Not in flood zone
Nearest Park
Lake Township Park
1.0 mi
Parks Nearby
5
within 1 mile
Frequently asked about Basford Ridge
- What do homes cost in Basford Ridge?
- The median home value in Basford Ridge is about $400,000. Individual prices vary by street, size, and condition.
- How active is the Basford Ridge housing market?
- no homes are listed in Basford Ridge right now, and 3 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Basford Ridge?
- Basford Ridge is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).