Park Lake
Solid value in a growing area
Median $502K·Walkability 0.0/10·Schools 5.5/10
The treeline along the back roads out here gives way to open water views that catch you off guard—sudden and genuine, the kind of thing that makes you understand why people stuck around. This is a quiet corner of Marion Township, where the landscape still feels genuinely rural: modest homes, working land, and genuine access to the water that anchors the whole area. It's not a destination spot with restaurants and shops clustered at the entrance; instead, it's the kind of place where proximity to the lake itself IS the main draw. There's room to breathe, actual sky overhead, and neighbors measured in distance rather than density. If you're looking for something closer to town with all the services, you'll want to look elsewhere—but if water access and open acreage matter more than walking to coffee shops, you'll find what you need here.
Why people love it here
$502K median
- Based on 3yr sales
Conventional Mortgage Calculator
Median home price in Park Lake
Estimated Monthly Payment
$3,405/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 2 rated schools nearby
Range: 5/10 to 6/10
School District: Marion Public Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Hall Lake
Crime in Park 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 Osceola County.
Osceola County crime & safety stats →To buy a median-priced Park Lake home (around $501,500) at today's 6.66% 30-year fixed rate with 20% down, you'd need roughly $90k/year in household income to qualify — an estimated monthly payment of $3,381 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,381/mo | $90,150 |
| 10% (+PMI) | $3,891/mo | $103,759 |
| 5% (+PMI) | $4,063/mo | $108,335 |
Estimates use a 6.66% 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
Marion Township
Source: osceola-county.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
~$883/yr in electricity from a typical rooftop solar system
Produces ~6,176 kWh/yr · offsets ~59% of a typical home's use
Village of Marion (municipal) / private well
Village of Marion has municipal water/sewer; township areas on wells
Village of Marion (municipal) / septic
Village municipal sewer; outlying areas on septic
Private hauler (resident-arranged)
Resident-arranged hauler
Consumers Energy · ~14.3¢/kWh
Rural pockets may be Great Lakes Energy cooperative
Confirm by addressConsumers Energy / propane
Natural gas where available; otherwise propane
Confirm by addressMarion Community Fire Department
116 E Main St, Marion
Services for Marion · Source: cms4files.revize.com
Utility, solar, and service details for Park 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
City Park
1.7 mi
Parks Nearby
0
within 1 mile
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Park Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Park Lake
- What do homes cost in Park Lake?
- The median home value in Park Lake is about $501,500. Individual prices vary by street, size, and condition.
- What schools serve Park Lake?
- Park Lake is served by Marion Public Schools. Its highest-rated assigned school is Marion Elementary School (6/10).
- Is Park Lake walkable?
- Park Lake scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Park Lake
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