Island Park Murray Lake No. 1
Explore Island Park Murray Lake No. 1 — a platted subdivision in Greater Grand Rapids.
“Great schools with outdoor access”
Lake life
- Murray Lake within walking distance
- 1 park within 1 mile
- Murray Lake Public Access: 3 min walk
$776K median
- Assessor estimate
- $110K median household income
- 88% owner-occupied
Top-rated schools
- Lowell Area Schools
- 1 rated school nearby
- 1 elementary, 0 middle, 0 high
Early morning light hits the water just right at Island Park Murray Lake Area, where this five-acre platted subdivision sits about 35 minutes from downtown Grand Rapids. Lots average 0.38 acres—compact but genuine, with homes running around $776K. Murray Lake itself is practically your backyard at just a tenth of a mile away, and the public boat launch sits right there too, making it easy to get on the water without fuss. The Lowell Area Schools district serves the area, and you're within a short walk of Murray Lake Public Access if you want to stretch your legs. This is the kind of place where water access defines the everyday rhythm, not some distant weekend plan.
Mortgage Calculator
Median home price in Island Park Murray Lake No. 1
Estimated Monthly Payment
$5,267/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
Your Budget in Island Park Murray Lake No. 1
Median home price: $775,775
See homes that fit your budget
Your budget of $417,174 works for starter homes and condos in this area
Tip: A lower down payment or first-time buyer programs could help you get here sooner.
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$960/mo
Median Rent
Nearby 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
Environment & Amenities
Flood Risk
None
Not in flood zone
Nearest Park
Murray Lake Public Access
0.1 mi
Parks Nearby
1
within 1 mile
Nearest Lake
Murray Lake
0.2 mi
At a Glance
Est. Home Value
$776K
Assessor estimate
Parcels / Units
8
Median Lot Size
0.41 ac
0.15 ac – 0.49 ac
Median Income
$110K
Household