Olive Lake Estates
Solid value in a growing area
Median $424K·Walkability 0.0/10·Schools 5.8/10
What makes Olive Lake Estates different is that it's built on 42 acres with individual lots averaging more than half an acre—unusual for a condo community, which means there's actual breathing room between homes instead of the tight quarters you'd expect. The development sits in the 120th Avenue Area, where you're close enough to downtown Grand Rapids for a commute around 38 minutes, but far enough out that you get that land-forward feeling without being stranded. Homes here run around $702K, and they're zoned for Lighthouse Academy. The nearest restaurant is about a mile down the road, and Pigeon Creek Park sits just over a mile away if you're looking for a quick outing. Grand Haven beach is about 23 minutes away when you want to actually escape—close enough that a weekend morning drive feels natural, not like a road trip.
Why people love it here
$424K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in Olive Lake Estates
Estimated Monthly Payment
$2,878/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.
Recent Sale Price
$424K
1 recent sale
Units
48
Complex Size
41.5 ac
48 units
Homeowner Rate
89.6%
Principal residence
Based on 5 rated schools nearby
Range: 5/10 to 7/10
School District: Lighthouse Academy
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
bp
Pigeon Café
ReyRayz kustomz
Unnamed park
Unnamed playground
Spring Bayou
Red Pine Loop
dog_park
Crime in Olive Lake Estates 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 Ottawa County.
Ottawa County crime & safety stats →To buy a median-priced Olive Lake Estates home (around $424,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $75k/year in household income to qualify — an estimated monthly payment of $2,820 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,820/mo | $75,204 |
| 10% (+PMI) | $3,247/mo | $86,583 |
| 5% (+PMI) | $3,390/mo | $90,388 |
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.
Local Government · area-wide
Olive Township
Source: olivetownship.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
~$914/yr in electricity from a typical rooftop solar system
Produces ~6,396 kWh/yr · offsets ~61% of a typical home's use
Private well
Rural township; individual wells.
Septic - individual
Rural township; individual septic.
Resident-arranged hauler
Residents contract private hauler.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Regional IOU; inferred.
Confirm by addressConsumers Energy / SEMCO Energy
Regional gas utility; inferred.
Confirm by addressOttawa County Sheriff's Office
County sheriff; Ottawa County Fillmore complex/jail located in Olive Township.
Services for Olive · Source: olivetownship.org
Utility, solar, and service details for Olive Lake Estates 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.
Flood Risk
None
Not in flood zone
Nearest Park
Pigeon Creek Park
1.2 mi
Parks Nearby
0
within 1 mile
🛒 Grocery(1)
bp
Grocery Store
🍕 Restaurants(7)
Pigeon Café
Fast Food
Yellow Jacket Junction Pizza & Subs
Restaurant
The Soft Spot
Fast Food
Stromboli's Express
Restaurant
+2 more within 5 miles
🍺 Bars(3)
🌳 Parks(5)
+2 more within 5 miles
Frequently asked about Olive Lake Estates
- What do homes cost in Olive Lake Estates?
- The median home value in Olive Lake Estates is about $424,000. Individual prices vary by street, size, and condition.
- How active is the Olive Lake Estates housing market?
- no homes are listed in Olive Lake Estates right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Olive Lake Estates?
- Olive Lake Estates is served by Lighthouse Academy. Its highest-rated assigned school is Zeeland West High School (7/10).
- Is Olive Lake Estates walkable?
- Olive Lake Estates scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.