Pratt Lake
Surrounded by nature
Median $530K·Walkability 3.0/10·Schools 6.0/10
This lakefront community offers an exceptional opportunity for waterfront living on the pristine shores of Pratt Lake. With generous lot sizes averaging 0.78 acres across 105 acres, residents enjoy spacious properties that provide both privacy and room to spread out. The area features well-maintained homes, many designed with quality construction and modern amenities, creating an upscale residential environment.
Why people love it here
Lake life
- Pratt Lake within walking distance
- Pratt Lake: 1 min walk
- Fenner Lake: 7 min drive
$530K median
- 1 recent sale
Lake facts
MI DNRDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Mortgage Calculator
Median home price in Pratt Lake
Estimated Monthly Payment
$3,598/mo
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
Flood Risk
None
Not in flood zone
Nearest Park
Lake Sixteen Public Access
1.5 mi
Parks Nearby
0
within 1 mile
Based on 1 rated school nearby
School District: Martin Public Schools
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Lake Sixteen Public Access
Pratt Lake
Crime in Pratt 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 Allegan County.
Allegan County crime & safety stats →To buy a median-priced Pratt Lake home (around $530,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $94k/year in household income to qualify — an estimated monthly payment of $3,508 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,508/mo | $93,559 |
| 10% (+PMI) | $4,040/mo | $107,728 |
| 5% (+PMI) | $4,217/mo | $112,456 |
Estimates use a 6.43% 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 an APR or a commitment to lend — your actual rate and payment will vary.
Local Government · area-wide
Martin Township
Source: martintownship.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
~$912/yr in electricity from a typical rooftop solar system
Produces ~6,384 kWh/yr · offsets ~61% of a typical home's use
Private well
Rural township; parcels on individual wells. Gun Lake Sewer & Water Authority serves the Gun Lake area only.
Septic - individual
Individual septic; Gun Lake Sewer & Water Authority serves the lake area.
Resident-arranged hauler
Township publishes recycling calendar/hazardous waste events; curbside trash resident-arranged.
Allegan County recycling program
2026 Martin Township recycling collection calendar published.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Standard West Michigan provider; pockets may be Great Lakes Energy cooperative.
Confirm by addressServices for Martin · Source: martintownship.org
Utility, solar, and service details for Pratt 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.
🛒 Grocery(1)
Town & Country Supermarket
Grocery Store
🏫 Schools(3)
Frequently asked about Pratt Lake
- What do homes cost in Pratt Lake?
- The median home value in Pratt Lake is about $530,000. Individual prices vary by street, size, and condition.
- How active is the Pratt Lake housing market?
- there are 2 homes for sale in Pratt Lake right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Pratt Lake?
- Pratt Lake is served by Martin Public Schools. Its highest-rated assigned school is Martin High School (6/10).
- Is Pratt Lake walkable?
- Pratt 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 Pratt Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.