Lake Monterey
Highly rated schools nearby
Median $510K·Walkability 3.0/10·Schools 7.0/10
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Why people love it here
Hopkins High School
- High — 5.3 mi away
- Hopkins
- 4 rated schools in district
$510K median
- 1 recent sale
Lake facts
MI DNRDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Conventional Mortgage Calculator
Median home price in Lake Monterey
Estimated Monthly Payment
$3,462/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 4 rated schools nearby
Range: 5/10 to 9/10
School District: Hopkins Public Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Happy Shack Concession Stand
Unnamed park
Unnamed playground
Lake Monterey
Unnamed beach
Sheridan Township Park
dog_park
gym
Crime in Lake Monterey 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 Allegan County.
Allegan County crime & safety stats →To buy a median-priced Lake Monterey home (around $510,000) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $92k/year in household income to qualify — an estimated monthly payment of $3,435 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,435/mo | $91,606 |
| 10% (+PMI) | $3,954/mo | $105,437 |
| 5% (+PMI) | $4,128/mo | $110,085 |
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
Salem Township
Source: salemtownship.org · 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
~$899/yr in electricity from a typical rooftop solar system
Produces ~6,292 kWh/yr · offsets ~60% of a typical home's use
Private well
Rural township (Burnips area); individual wells.
Septic - individual
Individual septic systems.
Resident-arranged hauler
Curbside trash resident-arranged.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Standard provider; pockets Great Lakes Energy cooperative.
Confirm by addressServices for Salem Township · Source: salemtownship.org
Utility, solar, and service details for Lake Monterey 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.
🍕 Restaurants(3)
🏫 Schools(12)
Dallas School
Sandhill School
Plainview School
Fairview School
+7 more within 5 miles
💪 Gyms(1)
Fitness Center on 138th Ave
Fitness Center
🐕 Dog Parks(1)
Dog Park in Friesian Ct Area
Dog Park
📚 Libraries(1)
Salem Township Library
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Lake Monterey? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Lake Monterey
- What do homes cost in Lake Monterey?
- The median home value in Lake Monterey is about $510,000. Individual prices vary by street, size, and condition.
- How active is the Lake Monterey housing market?
- no homes are listed in Lake Monterey right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Lake Monterey?
- Lake Monterey is served by Hopkins Public Schools. Its highest-rated assigned school is Hopkins High School (9/10).
- Is Lake Monterey walkable?
- Lake Monterey scores 3.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Lake Monterey
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.