Emerald Lake Terraces
Strong schools draw families here
Median $385K·Walkability 5.0/10·Schools 5.7/10
The gravel crunch under your tires as you turn in says something honest about West Michigan—modest, unpretentious, the kind of place where 37 acres of 0.34-lot subdivisions don't need marketing. Emerald Lake Terraces sits in the Cameron Plat Area, a 12-minute drive from downtown Grand Rapids, close enough that you're not exiling yourself but far enough that you still have land and breathing room. Homes here run around $236K, which means you can actually afford to own something in this climate without a second mortgage and a prayer. The real charm is the access: groceries and dinner are both a 7-minute walk, there's a transit stop 8 minutes on foot, and Lamberton Lake Fen Nature Preserve is practically your backyard at a 7-minute stroll away. With 150 restaurants within a mile and a dog park another 12 minutes out, you're not sacrificing the amenities just because you chose suburbs over density. Northview Public Schools anchors the district, and if you boat, Comstock Riverside Park Launch is 3 miles west. This is the kind of place you pick because it actually works, not because someone convinced you it's special.
Why people love it here
Northview High School
- High — 1.5 mi away
- Northview
- 6 rated schools in district
$385K median
- Based on 3yr sales
Walkable for daily errands
- Lamberton Lake: 10 min walk
- 1 places within a 10 min walk
Conventional Mortgage Calculator
Median home price in Emerald Lake Terraces
Estimated Monthly Payment
$2,614/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.
Based on 7 rated schools nearby
Range: 3/10 to 8/10
School District: Northview Public Schools
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Ken's Fruit Market
Jimmy John's
+1 more
Scooter's Coffee
+1 more
Cesars Pub
Lamberton Lake Fen Nature Preserve
+1 more
Northlake Cooperative Playground
Lamberton Lake
+1 more
Lamberton Lake Fen Nature Preserve Beach
Huff Park Short/Long Loop
dog_park
Unnamed bike_path
Comstock Riverside Park Launch
Planet Fitness
+1 more
Plainfield/Elmdale (NB)
+1 more
CVS Pharmacy
KDL - Plainfield Township Branch
+1 more
daycare
Celebration! Cinema North
+1 more
Crime in Emerald Lake Terraces 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 Kent County.
Kent County crime & safety stats →To buy a median-priced Emerald Lake Terraces home (around $385,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $68k/year in household income to qualify — an estimated monthly payment of $2,561 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,561/mo | $68,287 |
| 10% (+PMI) | $2,948/mo | $78,619 |
| 5% (+PMI) | $3,078/mo | $82,074 |
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.
Local Government · area-wide
Grand Rapids Charter Township
Source: grandrapidstwp.org · unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$877/yr in electricity from a typical rooftop solar system
Produces ~6,399 kWh/yr · offsets ~61% of a typical home's use
Resident-arranged private hauler
Township lists private haulers; Kent County DPW waste guide at reimaginetrash.org.
Services for Grand Rapids · Source: grandrapidstwp.org
Utility, solar, and service details for Emerald Lake Terraces 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.
Flood Risk
None
Not in flood zone
Nearest Park
Lamberton Lake Fen Nature Preserve
0.4 mi
Parks Nearby
15
within 1 mile
🛒 Grocery(28)
Ken's Fruit Market
Grocery Store
Rancho Bonito Supermarket MI
Grocery Store
Meijer
Grocery Store
+25 more within 5 miles
🍕 Restaurants(6)
+1 more within 5 miles
☕ Coffee(17)
+14 more within 5 miles
🍺 Bars(19)
+16 more within 5 miles
🏫 Schools(30)
+25 more within 5 miles
💪 Gyms(12)
Planet Fitness
Fitness Center
Fitness Center at Leffingwell Ave & 3 Mile Rd
Fitness Center
YogaSix
Fitness Center
+9 more within 5 miles
🌳 Parks(4)
+1 more within 5 miles
🐕 Dog Parks(6)
Dog Park in North End
Dog Park
Dog Park in Northeast
Dog Park
Dog Park in Celadon New Town Residential
Dog Park
+3 more within 5 miles
🚴 Trails(6)
Jupiter South Trail
Bike Path
Northgate Park Trail
Bike Path
Bike Path
Bike Path
+3 more within 5 miles
⛵ Boat Launches(3)
Boat Launch
Boat Launch
Boat Launch
🚌 Transit(30)
Transit Stop
Transit Stop
Transit Stop
+27 more within 5 miles
💊 Pharmacies(12)
+9 more within 5 miles
👶 Childcare(3)
Childcare Center
Tutor Time on Grand Ridge Drive
Childcare Center
Children's Choice Learning Center at Spectrum Health Child Development Center
Childcare Center
🏥 Hospitals(4)
+1 more within 5 miles
📚 Libraries(8)
+5 more within 5 miles
⚡ EV Charging(1)
Unnamed ev_charging
EV Charging
Frequently asked about Emerald Lake Terraces
- What do homes cost in Emerald Lake Terraces?
- The median home value in Emerald Lake Terraces is about $385,000. Individual prices vary by street, size, and condition.
- How active is the Emerald Lake Terraces housing market?
- there is 1 home for sale in Emerald Lake Terraces right now. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Emerald Lake Terraces?
- Emerald Lake Terraces is served by Northview Public Schools. Its highest-rated assigned school is Northview High School (8/10).
- Is Emerald Lake Terraces walkable?
- Emerald Lake Terraces scores 5.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.