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Atlas — Grand Rapids Real Estate

A hyper-local geographic knowledge system for Greater Grand Rapids. Fall in love with a place, then find a home there.

The flagship city of Neighborhood Atlas.

2279 New Town Dr, Grand Rapids, MI 49525
(616) 308-7946 · support@grandrapids.realestate

Operated by Grand Rapids Real Estate Co., a sub-brokerage of AARE · Licensed broker: Jon Hazeltine, Michigan license #6502432782

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© 2026 Grand Rapids Real Estate Co.. All rights reserved. · Equal Housing Opportunity

IDX data provided by MichRIC MLS · @grandrapidsrealestateco

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Home/Neighborhoods/Lake County/Heritage Bay
Subdivision

Heritage Bay

Solid value in a growing area

Published by Atlas — Grand Rapids Real Estate · data computed by Atlas · reviewed under Jon Hazeltine, Broker Associate (MI #6502432782)

Median $320K·Schools 3.7/10

🌳Top 24% park access

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.

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Why people love it here

💰Home Values

$320K median

  • 1 recent sale

Conventional Mortgage Calculator

Median home price in Heritage Bay

Estimated Monthly Payment

$2,172/mo

$
$64,000
20%
%
Principal & Interest $1,66076%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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.

Recent Sale Price

$320K

1 recent sale

Expected Rent

$1,050/mo

$850 – $1,225 · wider-area estimate

3.7
/10 avg
Below average schools

Based on 3 rated schools nearby

Range: 3/10 to 4/10

School District: Baldwin Community Schools

4Baldwin Senior High SchoolHigh · 09-12 · 119 students · 10:1 · 14.4 mi
4Baldwin Elementary SchoolElementary · PK-05 · 224 students · 12:1 · 14.4 mi
3Baldwin Junior High SchoolMiddle · 06-08 · 99 students · 10:1 · 14.4 mi

To buy a median-priced Heritage Bay home (around $320,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $57k/year in household income to qualify — an estimated monthly payment of $2,155 (principal, interest, property tax est., and insurance).

Down paymentMonthly paymentIncome needed
20% $2,155/mo$57,478
10% (+PMI)$2,481/mo$66,156
5% (+PMI)$2,590/mo$69,073

Estimates use a 6.65% 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.

Full Heritage Bay cost-of-living breakdown →

Flood Risk

None

Not in flood zone

Nearest Park

Sauble Township Ball Park

0.5 mi

Parks Nearby

5

within 1 mile

🍕 Restaurants(1)

Blossom's Restaurant

Restaurant

1.3 mimap

☕ Coffee(1)

Sweetfern Cafe & Emporium, Inc

Café

1.5 mimap

🍺 Bars(2)

Na-Tah-Ka

Pub

0.7 mimap

Brooks Corner

Bar

4.8 mimap

🌳 Parks(3)

Sauble Township Ball Park

0.5 mimap

Bass Lake Public Access

1.0 mimap

Sauble Township Community Gardens

1.6 mimap
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about Heritage Bay? Our team can help with availability, schools, and what it's really like to live here.

Call

Frequently asked about Heritage Bay

What do homes cost in Heritage Bay?
The median home value in Heritage Bay is about $320,000. Individual prices vary by street, size, and condition.
How active is the Heritage Bay housing market?
there is 1 home for sale in Heritage Bay right now, and 1 home 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).

Top contributors in Heritage Bay

Data sources: listings · Updated 8/2/2026
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about Heritage Bay? Our team can help.

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Conventional Mortgage Calculator

Median in Heritage Bay

Estimated Monthly Payment

$2,172/mo

$
$64,000
20%
%
Principal & Interest $1,66076%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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.

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