Loon Lake
Walkable and connected
Median $402K·Walkability 6.0/10·Schools 3.7/10
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Why people love it here
Very walkable
- Unnamed beach: 2 min walk
- 2 places within a 10 min walk
$402K median
- Assessor estimate
Lake facts
OpenStreetMapConventional Mortgage Calculator
Median home price in Loon Lake
Estimated Monthly Payment
$2,729/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.
Walkability
Good
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Blossom's Restaurant
Sweetfern Cafe & Emporium, Inc
Na-Tah-Ka
Sauble Township Ball Park
Unnamed playground
Loon Lake
Unnamed beach
North Country National Scenic Trail
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
To buy a median-priced Loon Lake home (around $401,975) at today's 7.03% 30-year fixed rate with 20% down, you'd need roughly $74k/year in household income to qualify — an estimated monthly payment of $2,789 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,789/mo | $74,377 |
| 10% (+PMI) | $3,208/mo | $85,550 |
| 5% (+PMI) | $3,351/mo | $89,349 |
Estimates use a 7.03% 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.
Solar potential
~$911/yr in electricity from a typical rooftop solar system
Produces ~6,127 kWh/yr · offsets ~58% of a typical home's use
Utility, solar, and service details for Loon Lake 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.
Nearest Park
Sauble Township Ball Park
0.4 mi
Parks Nearby
15
within 1 mile
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Loon Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Loon Lake
- What do homes cost in Loon Lake?
- The median home value in Loon Lake is about $401,975. Individual prices vary by street, size, and condition.
- What schools serve Loon Lake?
- Loon Lake is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).
- Is Loon Lake walkable?
- Loon Lake scores 6.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Loon Lake
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