Lake Area513.2 acres

Peterson Lake

Median $350K·Walk Score 3.0/10

“Space and nature”

🏙️42 mito Downtown GR
🏞️38 mito Lake Michigan
🏡Top 14% lot size
GR

Questions about Peterson Lake?

Grand Rapids Real Estate Co.

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🌊Nature & Outdoors

Lake life

  • Camp Lake within walking distance
  • Peterson Lake: 0 min walk
  • Blackberry Lake: 5 min drive
🏡Space & Property

7.3 acre avg lots

  • 26 homes
💰Home Values

$350K median

  • 1 recent sale
🏞️

Lake facts

MI DNR
Lake size38acres
Homes on lake25parcels
Public beachBoat launch

Depth, fish species, and motor restrictions sourced from MI DNR — coming soon.

This lakefront community offers a rare combination of spacious living and waterfront recreation just outside Grand Rapids. With generous lot sizes averaging over half an acre, residents enjoy plenty of privacy and room to spread out on properties that feel surprisingly expansive. Peterson Lake serves as the neighborhood's crown jewel, providing year-round opportunities for fishing, swimming, and boating right outside your door.

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GR

Grand Rapids Real Estate Co.

Local real estate specialists

Questions about Peterson Lake? Our team can help with availability, schools, and what it's really like to live here.

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Mortgage Calculator

Median home price in Peterson Lake

Estimated Monthly Payment

$2,376/mo

$
$70,000
20%
%
Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

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. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access

Your Budget in Peterson Lake

Median home price: $350,000

Within reach

Your budget of $284,976 covers many homes here — Peterson Lake has options below median too

Tip: Adjusting your down payment or reducing debt can expand your range.

$

Car loans, student loans, credit cards, etc.

$
20%

1 sold in the past 12 months — homes here go fast

Environment & Amenities

Flood Risk

None

Not in flood zone

Nearest Park

Harold T Rice Park

1.5 mi

Parks Nearby

0

within 1 mile

Nearest Lake

Camp Lake

0.0 mi

1 sold in the past 12 months — homes here go fast

Top contributors in Peterson Lake

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