Gracie Acres
Surrounded by nature
Median $392K·Schools 5.0/10
Derby Lake sits just a two-minute walk away—close enough that you can grab a kayak before breakfast and be on the water before the day gets loud. The subdivision itself spreads across land with direct access to waterfront living, and Woodbeck Lake is practically on your doorstep at a tenth of a mile. It's the kind of setup where "going out" means stepping outside rather than loading up the car.
Why people love it here
Lake life
- Nevins Lake within walking distance
- 10 parks within 1 mile
$392K median
- Based on 3yr sales
Mortgage Calculator
Median home price in Gracie Acres
Estimated Monthly Payment
$2,661/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
0.2 mi
Parks Nearby
10
within 1 mile
Nearest Lake
Nevins Lake
0.1 mi
Based on 1 rated school nearby
School District: Central Montcalm Public Schools
Crime in Gracie Acres 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 Gracie Acres home (around $392,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $69k/year in household income to qualify — an estimated monthly payment of $2,595 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,595/mo | $69,199 |
| 10% (+PMI) | $2,988/mo | $79,678 |
| 5% (+PMI) | $3,119/mo | $83,175 |
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(1)
Montcalm Central High School
School
🌳 Parks(6)
+3 more within 5 miles
Frequently asked about Gracie Acres
- What do homes cost in Gracie Acres?
- The median home value in Gracie Acres is about $392,000. Individual prices vary by street, size, and condition.
- What schools serve Gracie Acres?
- Gracie Acres is served by Central Montcalm Public Schools. Its highest-rated assigned school is Central Montcalm Middle High School (5/10).