Chain O Lakes, Supervisors Plat
Solid value in a growing area
Median $144K·Schools 3.7/10
Driving through this wooded stretch feels like you've actually left town—tall pines crowd the roads, and the lots breathe room. You'll find log cabins and chalets scattered across acre-plus parcels, many with wood stoves, decks facing the water, and the kind of maintained-but-lived-in character that says people chose to be here year-round, not just pass through. The area sits steps from Lake Michigan and within reach of the Pere Marquette River, making it easy to understand why the same handful of homes rotate between winter retreats and rental investments. Manistee National Forest is a short walk away, and there's no HOA telling you what to do with your land. This is the kind of place where a 1.2-acre parcel and a cabin with a proper fireplace still feels like an actual escape.
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Why people love it here
$144K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Chain O Lakes, Supervisors Plat
Estimated Monthly Payment
$1,028/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 an estimate, not a published rate. 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.
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
To buy a median-priced Chain O Lakes, Supervisors Plat home (around $144,000) at today's 7.32% 30-year fixed rate with 20% down, you'd need roughly $27k/year in household income to qualify — an estimated monthly payment of $1,022 (principal, interest, property tax est., and insurance).
Mortgage (principal and interest) $791 · Property tax (est.) $180 · Insurance (est.) $51 = $1,022/mo
Assumes 20% down; excludes PMI and HOA fees.
| Down payment | Monthly: mortgage, tax, insurance | Income needed |
|---|---|---|
| 20% | $1,022/mo | $27,247 |
| 10% (+PMI) | $1,175/mo | $31,324 |
| 5% (+PMI) | $1,227/mo | $32,723 |
Estimates use a 7.32% 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.
Flood Risk
None
Not in flood zone
Nearest Park
Reed Lake Boating Access Site
0.9 mi
Parks Nearby
5
within 1 mile
Grand Rapids Real Estate Co.
Local real estate specialists
Questions about Chain O Lakes, Supervisors Plat? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Chain O Lakes, Supervisors Plat
- What do homes cost in Chain O Lakes, Supervisors Plat?
- The median home value in Chain O Lakes, Supervisors Plat is about $144,000. Individual prices vary by street, size, and condition.
- How active is the Chain O Lakes, Supervisors Plat housing market?
- there is 1 home for sale in Chain O Lakes, Supervisors Plat right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Chain O Lakes, Supervisors Plat?
- Chain O Lakes, Supervisors Plat is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).
Top contributors in Chain O Lakes, Supervisors Plat
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