Derby Gardens Derby Lake
Surrounded by nature
Median $209K·Schools 5.0/10
You pull up to the water, and right away you hear it—the gentle lap of Derby Lake against the shoreline, the occasional pontoon puttering by. This stretch of West Michigan is all about waterfront living, with homes scattered across generous lots that give you real breathing room. Log cabins with stone fireplaces, sandy beaches, and docks that make launching a boat feel like rolling out of bed—that's what draws people out here. The lake itself is all-sports, so whether you're into fishing, skiing, or just floating around on a summer afternoon, the water's the main event.
Why people love it here
Lake life
- Derby Lake within walking distance
- 5 parks within 1 mile
$209K median
- 1 recent sale
Mortgage Calculator
Median home price in Derby Gardens Derby Lake
Estimated Monthly Payment
$1,419/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
Flood Risk
None
Not in flood zone
Nearest Park
Derby Lake Public Access
0.6 mi
Parks Nearby
5
within 1 mile
Nearest Lake
Derby Lake
0.2 mi
Based on 1 rated school nearby
School District: Central Montcalm Public Schools
Crime in Derby Gardens Derby 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 Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Derby Gardens Derby Lake home (around $209,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $37k/year in household income to qualify — an estimated monthly payment of $1,384 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,384/mo | $36,894 |
| 10% (+PMI) | $1,593/mo | $42,481 |
| 5% (+PMI) | $1,663/mo | $44,346 |
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.
🍕 Restaurants(2)
Fast Food
🏫 Schools(2)
🚴 Trails(6)
Fred Meijer Heartland Trail
Bike Path
Fred Meijer Heartland Trail
Bike Path
Fred Meijer Heartland Trail
Bike Path
+3 more within 5 miles
👶 Childcare(1)
Hundred Acre Woods Daycare
Childcare Center
🏥 Hospitals(1)
Hospital
Frequently asked about Derby Gardens Derby Lake
- What do homes cost in Derby Gardens Derby Lake?
- The median home value in Derby Gardens Derby Lake is about $209,000. Individual prices vary by street, size, and condition.
- How active is the Derby Gardens Derby Lake housing market?
- no homes are listed in Derby Gardens Derby Lake right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Derby Gardens Derby Lake?
- Derby Gardens Derby Lake is served by Central Montcalm Public Schools. Its highest-rated assigned school is Central Montcalm Middle High School (5/10).
Top contributors in Derby Gardens Derby Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.