Lake Odessa
Surrounded by nature
Median $204K·Walkability 6.6/10·Schools 6.0/10
The thing that sticks is the antique mall on 4th Avenue—four separate shops crammed with the kind of stuff that makes a Saturday afternoon disappear, over 85 vendors across three floors in one place alone. It's the sort of anchor that gives a small community real texture. The area sits between Lansing and Grand Rapids (nearly an hour's drive from the latter), and what you get is a genuine lake village without the sprawl—2,000 people, mostly homeowners, with Jordan Lake at the center. There's a paved trail circling the water for walking and biking, fishing access along the southern shore, and a dirt stock car speedway that runs races most summer weekends. The library loans out metal detectors and power tools alongside the usual books. Main Street has the expected local restaurants, a bowling alley with views, and the place has been a Tree City USA since 1987—the kind of quiet credential that says someone's been paying attention to the trees. It was founded in 1887 when the original town moved south after railroad work came through, and that bones-deep history shows in how the neighborhood is laid out and who stays here.
Why people love it here
Lake life
- Jordan Lake within walking distance
- 25 parks within 1 mile
- Sports FIeld / Sledding Hill: 4 min walk
- Unnamed beach: 12 min walk
Very walkable
- Fourth Avenue Inn & Bistro: 1 min walk
- 6 places within a 10 min walk
$204K median
- 24 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Lake Odessa
Estimated Monthly Payment
$1,382/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.
24 homes sold in Lake Odessa this year. Thinking of selling?
See what your home is worthWalkability
Good
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Carls
Penny's Five Star Pizza
Fourth Avenue Inn & Bistro
Sports FIeld / Sledding Hill
Unnamed playground
Tupper Lake
Unnamed beach
Lake Odessa Library
Based on 3 rated schools nearby
Range: 5/10 to 7/10
School District: Lakewood Public Schools
Crime in Lake Odessa 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 Ionia County.
Ionia County crime & safety stats →To buy a median-priced Lake Odessa home (around $203,500) at today's 6.66% 30-year fixed rate with 20% down, you'd need roughly $37k/year in household income to qualify — an estimated monthly payment of $1,372 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,372/mo | $36,581 |
| 10% (+PMI) | $1,579/mo | $42,104 |
| 5% (+PMI) | $1,649/mo | $43,960 |
Estimates use a 6.66% 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.
Land for sale
Listings
1 parcel
Active / pending
Median Price
$56K
Per listing
Multifamily for sale
Listings
1 building
Active / pending
Median Price
$280K
Per building
Price Per Unit
$140K
Median
Local Government · area-wide
Odessa Township
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
~$870/yr in electricity from a typical rooftop solar system
Produces ~6,388 kWh/yr · offsets ~61% of a typical home's use
Municipal / public water
Based on assessor parcel records
Municipal sewer
Based on assessor parcel records
Resident-arranged private hauler
Resident contracts hauler.
Consumers Energy Co|Tri County Electric Coop (MI) · ~13.6¢/kWh
Investor-owned utility.
Confirm by addressOdessa Township Fire Department
Odessa Twp FD (Chief Chad Perkins); Lake Odessa FD at 1050 1st St also serves area.
Services for Odessa · Source: ioniacounty.org
Utility, solar, and service details for Lake Odessa 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)
Carls
Grocery Store
🍕 Restaurants(5)
Restaurant
Marco's Pizza
Fast Food
Chee Peng Chinese
Restaurant
Fast Food
☕ Coffee(1)
🏫 Schools(3)
🌳 Parks(5)
Sports FIeld / Sledding Hill
Lake Odessa Village Park
Lake Odessa Municipal Beach
+2 more within 5 miles
📚 Libraries(1)
Lake Odessa Library
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Lake Odessa? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Lake Odessa
- What do homes cost in Lake Odessa?
- The median home value in Lake Odessa is about $203,500. Individual prices vary by street, size, and condition.
- How active is the Lake Odessa housing market?
- there are 11 homes for sale in Lake Odessa right now, and 24 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Lake Odessa?
- Lake Odessa is served by Lakewood Public Schools. Its highest-rated assigned school is Lakewood High School (7/10).
- Is Lake Odessa walkable?
- Lake Odessa scores 6.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Lake Odessa
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