Oxbow Lake
Surrounded by nature
Median $268K·Walkability 3.0/10·Schools 3.7/10
What surprises most people out here is how private the lakes feel—no-wake waters where fishing and kayaking matter more than speed, and where a lot of homes sit on wooded lots with genuine waterfront access rather than just a view across someone else's yard. The area clusters around several small lakes, each with its own character; you'll find everything from one-bedroom chalets with 70 feet of lakefront and a full basement to older cottages that line the shoreline, many with their own sandy beach or bluff-facing decks. About two hours from downtown, it's far enough to feel genuinely removed, yet close enough to the Pere Marquette River and the DNR snowmobile trail for year-round outdoor pursuits. The Manistee National Forest is within easy reach, and the land itself—half-acre parcels, wooded lots, that mixture of shade and open view—defines what people build and how they live here. Waterfront properties tend to be the main draw, whether you're looking at a turnkey cabin or a building site with room to start fresh; the trade-off is that you're trading proximity to services for the real thing: quiet lakes and trees.
Why people love it here
Lake life
- Oxbow Lake within walking distance
- 5 parks within 1 mile
- Oxbow Lake: 0 min walk
- Hill Lake: 11 min bike
$268K median
- 4 sales in last 12mo
Lake facts
MI DNRDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Conventional Mortgage Calculator
Median home price in Oxbow Lake
Estimated Monthly Payment
$1,816/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.
4 homes sold in Oxbow Lake this year. Thinking of selling?
See what your home is worthFlood Risk
None
Not in flood zone
Nearest Park
Reed Lake Boating Access Site
0.9 mi
Parks Nearby
5
within 1 mile
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Oxbow Lake
Crime in Oxbow 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 Lake County.
Lake County crime & safety stats →To buy a median-priced Oxbow Lake home (around $267,500) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $47k/year in household income to qualify — an estimated monthly payment of $1,779 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,779/mo | $47,446 |
| 10% (+PMI) | $2,048/mo | $54,625 |
| 5% (+PMI) | $2,138/mo | $57,026 |
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
1 parcel
Active / pending
Median Price
$80K
Per listing
Solar potential
~$894/yr in electricity from a typical rooftop solar system
Produces ~6,258 kWh/yr · offsets ~60% of a typical home's use
Utility, solar, and service details for Oxbow 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.
Frequently asked about Oxbow Lake
- What do homes cost in Oxbow Lake?
- The median home value in Oxbow Lake is about $267,500. Individual prices vary by street, size, and condition.
- How active is the Oxbow Lake housing market?
- there is 1 home for sale in Oxbow Lake right now, and 4 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Oxbow Lake?
- Oxbow Lake is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Elementary School (4/10).
- Is Oxbow Lake walkable?
- Oxbow Lake scores 3.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Oxbow Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.