Peterson Lake photo 1
Lake Area513.2 acres

Peterson Lake

โ€œWide open spacesโ€

๐Ÿ™๏ธ42 mito Downtown GR
๐Ÿž๏ธ38 mito Lake Michigan
GR

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Grand Rapids Real Estate Co.

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๐ŸกSpace & Property

7.3 acre avg lots

  • 26 homes
๐Ÿ’ฐHome Values

$388K median

  • Assessor estimate
๐Ÿž๏ธ

Lake facts

MI DNR
Lake size38acres
Homes on lake25parcels
Public beachBoat launch

Depth, fish species, and motor restrictions sourced from MI DNR โ€” 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.

Mortgage Calculator

Median home price in Peterson Lake

Estimated Monthly Payment

$2,632/mo

$
$77,525
20%
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Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine ยท NMLS #2574218

Company NMLS #3274 ยท 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: $387,625

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Your budget of $284,976 works for starter homes and condos in this area

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