Love'S Subdivision First Lake
Solid value in a growing area
Median $240K·Schools 5.0/10
What makes this stretch special is that you get lakefront living without the lakefront tax bill—a quirk that real estate agents around here don't shut up about. The area sits within easy reach of water, with Woodbeck Lake just a tenth of a mile away and First Lake Park a two-minute walk from most homes, so summer weekends practically run themselves. Homes here tend toward wood-beam interiors and solid bones, the kind of place where people scope out fixer-uppers with genuine vision or snap up cottages already dialed in for year-round lake living. It's the kind of neighborhood where you're not paying premium dollars for a lake address, but you're close enough that you actually use the water—kayak in the morning, grill on the deck at night. Three parks within a mile keep the outdoor calendar full without anyone feeling cramped.
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Why people love it here
$240K median
- 1 recent sale
Park-rich area
- 15 parks within 1 mile
Conventional Mortgage Calculator
Median home price in Love'S Subdivision First Lake
Estimated Monthly Payment
$1,713/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 an estimate, not a published rate. 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.
Flood Risk
None
Not in flood zone
Nearest Park
First Lake Park
0.3 mi
Parks Nearby
15
within 1 mile
Based on 2 rated schools nearby
School District: Montabella Community Schools
Crime in Love'S Subdivision First Lake 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 Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Love'S Subdivision First Lake home (around $239,900) at today's 7.11% 30-year fixed rate with 20% down, you'd need roughly $45k/year in household income to qualify — an estimated monthly payment of $1,675 (principal, interest, property tax est., and insurance).
Mortgage (principal and interest) $1,291 · Property tax (est.) $300 · Insurance (est.) $84 = $1,675/mo
Assumes 20% down; excludes PMI and HOA fees.
| Down payment | Monthly: mortgage, tax, insurance | Income needed |
|---|---|---|
| 20% | $1,675/mo | $44,664 |
| 10% (+PMI) | $1,926/mo | $51,366 |
| 5% (+PMI) | $2,012/mo | $53,652 |
Estimates use a 7.11% 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
$25K
Per listing
🏫 Schools(3)
Grand Rapids Real Estate Co.
Local real estate specialists
Questions about Love'S Subdivision First Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Love'S Subdivision First Lake
- What do homes cost in Love'S Subdivision First Lake?
- The median home value in Love'S Subdivision First Lake is about $239,900. Individual prices vary by street, size, and condition.
- How active is the Love'S Subdivision First Lake housing market?
- no homes are listed in Love'S Subdivision First Lake right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Love'S Subdivision First Lake?
- Love'S Subdivision First Lake is served by Montabella Community Schools. Its highest-rated assigned school is Montabella JuniorSenior High (5/10).
Top contributors in Love'S Subdivision First Lake
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