Island Park, Murray Lake photo 1
Subdivision17424 sq ft

Island Park, Murray Lake

Great schools with outdoor access

🏙️15 mito Downtown GR
🏞️43 mito Lake Michigan
GR

Questions about Island Park, Murray Lake?

Grand Rapids Real Estate Co.

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🌊Nature & Outdoors

Lake life

  • Murray Lake within walking distance
  • 1 park within 1 mile
  • Murray Lake Public Access: 12 min walk
💰Home Values

$354K median

  • Assessor estimate
  • $110K median household income
  • 88% owner-occupied
🎓Schools
80

Top-rated schools

  • Lowell Area Schools
  • 1 rated school nearby
  • 1 elementary, 0 middle, 0 high

Driving out toward Murray Lake from downtown Grand Rapids—about 37 minutes east—you'll find yourself in a landscape where water and woodland define the rhythm of daily life. Island Park's amended plat carves out five modest lots along the shoreline, each averaging just under a fifth of an acre, the kind of scale that lets you live close to neighbors without losing sight lines to the water. Murray Lake itself sits a quarter-mile away, and the public boat launch is a quick five-minute drive, making this the sort of place where weekend mornings tend to involve a rod or a paddle rather than errands. Homes here run around $354K, and Lowell Area Schools serves the area. A walk to Murray Lake Public Access takes about nine minutes on foot, which means the lake isn't a distant amenity—it's part of the local texture, close enough to check on weather and water conditions before you decide how to spend the day.

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Grand Rapids Real Estate Co.

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.

Mortgage Calculator

Median home price in Island Park, Murray Lake

Estimated Monthly Payment

$2,405/mo

$
$70,840
20%
%
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. 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

Your Budget in Island Park, Murray Lake

Median home price: $354,200

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$960/mo

Median Rent

Nearby Schools

8.0
/10 avg
Above average schools

Based on 1 rated school nearby

Elementary

1

K-5 nearby

Middle

0

6-8 nearby

High School

0

9-12 nearby

School District: Lowell Area Schools

9Lowell Senior High SchoolHigh · 09-12 · 1,099 students · 19:1 · 0.0 mi
8Murray Lake ElementaryElementary · PK-05 · 437 students · 18:1 · 0.0 mi
7Lowell Middle SchoolMiddle · 06-08 · 771 students · 18:1 · 0.0 mi

Environment & Amenities

Flood Risk

None

Not in flood zone

Nearest Park

Murray Lake Public Access

0.4 mi

Parks Nearby

1

within 1 mile

Nearest Lake

Murray Lake

0.2 mi

At a Glance

Est. Home Value

$354K

Assessor estimate

Parcels / Units

2

Median Lot Size

0.18 ac

0.11 ac – 0.26 ac

Median Income

$110K

Household

Data sources: parcels, schools, census · Updated 4/22/2026