Island Park Murray Lake
Great schools with outdoor access
Median $590K·Walkability 1.9/10·Schools 8.0/10
Murray Lake sits just off the main road through Island Park, its tree-lined streets running down toward water that's never more than a short walk away. The subdivision spreads across forty-five acres in modest fashion—lots run about a third of an acre each, the kind of size that lets you have a yard without losing the neighborhood feel. They're close enough to one another that you'll actually see your neighbors, far enough apart that you're not living in their living room. Lowell Area Schools serves the area.
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Why people love it here
Lake life
- Murray Lake within walking distance
- 5 parks within 1 mile
- Murray Lake: 11 min walk
- Murray Lake Public Access: 12 min walk
Lowell Senior High School
- High — 5.6 mi away
- Lowell
- 3 rated schools in district
$590K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Island Park Murray Lake
Estimated Monthly Payment
$4,005/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 1 rated school nearby
School District: Lowell Area Schools
Flood Risk
None
Not in flood zone
Nearest Park
Murray Lake Public Access
0.4 mi
Parks Nearby
5
within 1 mile
Nearest Lake
Murray Lake
0.1 mi
Recent Sale Price
$590K
1 recent sale
Expected Rent
$1,225/mo
$1,075 – $1,375 · wider-area estimate
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Painted Turtle Hard Cider Tasting Room
Murray Lake Public Access
Murray Lake
Murray Lake Launch
Crime in Island Park Murray 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 Kent County.
Kent County crime & safety stats →To buy a median-priced Island Park Murray Lake home (around $590,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $106k/year in household income to qualify — an estimated monthly payment of $3,974 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,974/mo | $105,975 |
| 10% (+PMI) | $4,574/mo | $121,976 |
| 5% (+PMI) | $4,776/mo | $127,353 |
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.
Local Government · area-wide
Grattan Township
Source: grattantownshipmi.gov · 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
~$872/yr in electricity from a typical rooftop solar system
Produces ~6,361 kWh/yr · offsets ~61% of a typical home's use
Resident-arranged private hauler
Consumers Energy Co · ~13.7¢/kWh
Service splits by location — other areas may be served by Great Lakes Energy. Confirm by address.
Confirm by addressServices for Grattan Township · Source: grattantownshipmi.gov
Utility, solar, and service details for Island Park Murray Lake 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.
🛒 Grocery(1)
bp
Grocery Store
🍕 Restaurants(4)
🍺 Bars(1)
Grattan Irish Pub
Bar
🌳 Parks(5)
+2 more within 5 miles
🚴 Trails(3)
⛵ Boat Launches(2)
Boat Launch
Boat Launch
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Island Park Murray Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Island Park Murray Lake
- What do homes cost in Island Park Murray Lake?
- The median home value in Island Park Murray Lake is about $590,000. Individual prices vary by street, size, and condition.
- How active is the Island Park Murray Lake housing market?
- no homes are listed in Island Park Murray 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 Island Park Murray Lake?
- Island Park Murray Lake is served by Lowell Area Schools. Its highest-rated assigned school is Lowell Senior High School (9/10).
- Is Island Park Murray Lake walkable?
- Island Park Murray Lake scores 1.9/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.