River Place Site Condominiums
Strong schools draw families here
Median $615K·Walkability 1.9/10·Schools 7.7/10
The view that actually sticks with you at River Place Site is the sheer amount of space—seven acres laid out so that each condo sits on its own parcel, meaning you're looking at neighbors' homes without feeling crowded by them. It's the kind of setup that works if you've lived in enough places to know the difference between having land and merely standing on it. The community itself clusters around the McPherson Street and Fallasburg Park Drive area, about 26 minutes from downtown Grand Rapids and 29 minutes to Gerald R. Ford Airport, which matters less than it sounds once you realize a coffee shop is barely a ten-minute walk away and two parks sit within a mile. Homes here run around $389K on average, and the Lowell Area Schools district handles the school piece. Beyond the gates, a grocery store is 2.3 miles out and the nearest restaurant about 1.7, so you're not stranded but you're also not seconds from a strip of commerce—there's a buffer of intention between the condos and the rest of the world. If you care about acreage but don't want to maintain five acres of your own, or if you've learned that the best neighborhoods are the ones you choose deliberately rather than default into, this place makes sense on its own terms.
Why people love it here
Lowell Senior High School
- High — 1.8 mi away
- Lowell
- 3 rated schools in district
$615K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in River Place Site Condominiums
Estimated Monthly Payment
$4,175/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 3 rated schools nearby
Range: 7/10 to 9/10
School District: Lowell Area Schools
Recent Sale Price
$615K
1 recent sale
Units
10
Complex Size
7.2 ac
10 units
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
bp
Sabor Mexicano
+1 more
Tim Hortons
Red Barn Consignment & Antiques DBA Red Barn Mercantile
+1 more
Unnamed park
Unnamed playground
Natures Place Lake
+1 more
Stoney Lakeside Park Beach
North Country Trail
Animal Hospital of Lowell Dog Park
Fred Meijer Flat River Valley Rail Trail
Lowell - Grand River Launch
Walgreens
Amy Van Andel Library (KDL)
Ada-Lowell 5 Theatres
Crime in River Place Site Condominiums 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 Kent County.
Kent County crime & safety stats →To buy a median-priced River Place Site Condominiums home (around $615,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $109k/year in household income to qualify — an estimated monthly payment of $4,091 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $4,091/mo | $109,081 |
| 10% (+PMI) | $4,709/mo | $125,586 |
| 5% (+PMI) | $4,916/mo | $131,105 |
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.
Homeowners Association
RIVER PLACE CONDOMINIUMS
Source: riverplacecondos.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
~$864/yr in electricity from a typical rooftop solar system
Produces ~6,302 kWh/yr · offsets ~60% of a typical home's use
Utility, solar, and service details for River Place Site Condominiums 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.
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
0.7 mi
Parks Nearby
10
within 1 mile
🍕 Restaurants(14)
Sabor Mexicano
Restaurant
Frostie Boy of Lowell
Fast Food
Restaurant
Los Portales Bar and Grill
Restaurant
Keiser's Kitchen
Restaurant
+9 more within 5 miles
☕ Coffee(6)
+3 more within 5 miles
🍺 Bars(5)
Sneaker's
Bar
Red Barn Consignment & Antiques DBA Red Barn Mercantile
Bar
Hop Hog Lowell
Restaurant
+2 more within 5 miles
🌳 Parks(6)
+3 more within 5 miles
🐕 Dog Parks(1)
Animal Hospital of Lowell Dog Park
Dog Park
🚴 Trails(4)
Fred Meijer Flat River Valley Rail Trail
Bike Path
Creekside Park Trail
Bike Path
Unnamed bike_path
Bike Path
+1 more within 5 miles
⛵ Boat Launches(1)
Boat Launch
💊 Pharmacies(1)
Walgreens
Pharmacy
⚡ EV Charging(1)
Unnamed ev_charging
EV Charging
Frequently asked about River Place Site Condominiums
- What do homes cost in River Place Site Condominiums?
- The median home value in River Place Site Condominiums is about $615,000. Individual prices vary by street, size, and condition.
- How active is the River Place Site Condominiums housing market?
- no homes are listed in River Place Site Condominiums right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve River Place Site Condominiums?
- River Place Site Condominiums is served by Lowell Area Schools. Its highest-rated assigned school is Lowell Senior High School (9/10).
- Is River Place Site Condominiums walkable?
- River Place Site Condominiums scores 1.9/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.