Lakeland Acres #2
Solid value in a growing area
Median $65K·Schools 3.7/10
Sitting just a fifth of a mile from Lake Michigan's shoreline, this residential stretch offers the kind of proximity to water that shapes a whole way of life—morning walks to the beach, that particular light off the dunes, the sound of waves cutting through quiet mornings. Hungerford Lake Recreation Area lies within a reasonable walk if you're up for it, and a handful of dining spots are close enough that you won't need to plan an expedition just to grab dinner. The neighborhood itself is straightforward: platted lots, residential character, the kind of place where you're trading a tighter urban grid for room to breathe and direct access to what actually matters out here—the water, the trees, the open sky.
Why people love it here
$65K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Lakeland Acres #2
Estimated Monthly Payment
$441/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 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in Lakeland Acres #2 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 Lake County.
Lake County crime & safety stats →To buy a median-priced Lakeland Acres #2 home (around $65,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $12k/year in household income to qualify — an estimated monthly payment of $432 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $432/mo | $11,529 |
| 10% (+PMI) | $498/mo | $13,273 |
| 5% (+PMI) | $520/mo | $13,857 |
Estimates use a 6.49% 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
4 parcels
Active / pending
Typical Land Value
$53K/acre
Median asking
Median Price
$16K
Per listing
Flood Risk
None
Not in flood zone
Nearest Park
Baldwin Hatchery Boating Access Site
0.9 mi
Parks Nearby
5
within 1 mile
🍕 Restaurants(4)
Subway
Fast Food
Pompeiis Pizza
Restaurant
Fast Food
Restaurant
🌳 Parks(6)
+3 more within 5 miles
Frequently asked about Lakeland Acres #2
- What do homes cost in Lakeland Acres #2?
- The median home value in Lakeland Acres #2 is about $65,000. Individual prices vary by street, size, and condition.
- How active is the Lakeland Acres #2 housing market?
- no homes are listed in Lakeland Acres #2 right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Lakeland Acres #2?
- Lakeland Acres #2 is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).