Heritage Bay
Solid value in a growing area
Median $493K·Schools 3.7/10
Walk across the street and you're at Big Bass Lake, a 290-acre all-sports water where the boat launches and sandy beach belong to the neighborhood—no separate lake taxes, just resident access that comes standard. Homes here sit on acreage, mostly one to one-and-a-half acres per lot, giving you room to breathe and space for a detached garage or pole barn if you need it. The nearest restaurant is less than a mile away, and a coffee shop about the same distance beyond that. Lot sizes and setbacks mean you won't feel crowded, and the presence of tennis and basketball courts suggests people actually use them rather than look at them. A few miles out, the Manistee National Forest spreads north—close enough to matter for a morning hike, far enough that you're not hemmed in by federal land.
Why people love it here
$493K median
- 2 recent sales
Mortgage Calculator
Median home price in Heritage Bay
Estimated Monthly Payment
$3,343/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
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in Heritage Bay 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 Heritage Bay home (around $492,500) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $87k/year in household income to qualify — an estimated monthly payment of $3,260 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,260/mo | $86,940 |
| 10% (+PMI) | $3,754/mo | $100,105 |
| 5% (+PMI) | $3,919/mo | $104,499 |
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
Sauble Township Ball Park
0.5 mi
Parks Nearby
5
within 1 mile
Frequently asked about Heritage Bay
- What do homes cost in Heritage Bay?
- The median home value in Heritage Bay is about $492,500. Individual prices vary by street, size, and condition.
- How active is the Heritage Bay housing market?
- no homes are listed in Heritage Bay right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Heritage Bay?
- Heritage Bay is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).