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Atlas — Grand Rapids Real Estate

A hyper-local geographic knowledge system for Greater Grand Rapids. Fall in love with a place, then find a home there.

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2279 New Town Dr, Grand Rapids, MI 49525
(616) 308-7946 · support@grandrapids.realestate

Operated by Grand Rapids Real Estate Co., a sub-brokerage of AARE · Licensed broker: Jon Hazeltine, Michigan license #6502432782

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IDX data provided by MichRIC MLS · @grandrapidsrealestateco

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Home/Neighborhoods/Mcpherson St & Fallasburg Park Dr Area/River Place Site Condominiums
Condo

River Place Site Condominiums

Highly rated schools nearby

Published by Atlas — Grand Rapids Real Estate · data computed by Atlas · reviewed under Jon Hazeltine, Broker Associate (MI #6502432782)
Show on map

Median $615K·Walkability 1.9/10·Schools 7.7/10

🏡Top 23% lot size
🏙️16 mito Downtown GR(~33 min drive)
🏞️45 mito Lake Michigan(~1h 31m drive)

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. 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.

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Why people love it here

🎓Schools
90

Lowell Senior High School

  • High — 1.8 mi away
  • Lowell
  • 3 rated schools in district
💰Home Values

$615K median

  • 1 recent sale
Loading map…

Conventional Mortgage Calculator

Median home price in River Place Site Condominiums

Estimated Monthly Payment

$4,175/mo

$
$123,000
20%
%
Principal & Interest $3,19176%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

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. 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.

7.7
/10 avg
Above average schools

Based on 3 rated schools nearby

Range: 7/10 to 9/10

School District: Lowell Area Schools

9Lowell Senior High SchoolHigh · 09-12 · 1,099 students · 19:1 · Assigned · 1.8 mi
8Murray Lake ElementaryElementary · PK-05 · 437 students · 18:1 · Assigned · 4.8 mi
7Lowell Middle SchoolMiddle · 06-08 · 771 students · 18:1 · Assigned · 1.4 mi

Recent Sale Price

$615K

1 recent sale

Units

10

Complex Size

7.2 ac

10 units

Expected Rent

$2,325/mo

$2,050 – $2,625 · estimated range

Walkability

1.9

Car-dependent

Overall walkability score out of 10

🛒Daily Errands— Grocery, pharmacy
0.0
🍽️Dining— Restaurants, cafes, bars
2.0
🌳Nature— Parks, trails
1.8
🚌Transit— Bus stops, stations
0.0
💪Fitness— Gyms, recreation
0.0

Based on actual walk/bike/drive times to nearby amenities via Mapbox

🛒Grocery Stores
Quick drive

bp

5 mindrive· 16 min bike
Meijer
6 mindrive
🍽️Restaurants
Quick drive

Sabor Mexicano

6 mindrive· 19 min bike
Los Portales Bar and Grill
6 mindrive
Flat River Grill
6 mindrive
Frostie Boy of Lowell
6 mindrive

+1 more

☕Coffee Shops
Walkable

Tim Hortons

13 minwalk· 5 min bike· 2 min drive
Meds cafe
6 mindrive
Starbucks Coffee Company
6 mindrive
BIGGBY COFFEE
6 mindrive
🍺Bars & Breweries
Quick drive

Red Barn Consignment & Antiques DBA Red Barn Mercantile

5 mindrive· 17 min bike
New Union Brewery
5 mindrive
Sneaker's
6 mindrive
Hop Hog Lowell
6 mindrive

+1 more

🌳Parks
Bikeable

Unnamed park

7 minbike· 19 min walk· 2 min drive
Richards Park
5 mindrive
Wege Foundation Natural Area
7 mindrive
Cooper Woodland Presesrve
5 mindrive
🛝Playgrounds
Short drive

Unnamed playground

5 mindrive· 16 min bike
Creekside Kingdom
8 mindrive
🏞️Lakes & Water
Short drive

Natures Place Lake

5 mindrive· 17 min bike
Stoney Lake
8 mindrive
Cole Lake
7 mindrive
Bailey Lake
10 mindrive

+1 more

🏖️Beaches
Quick drive

Stoney Lakeside Park Beach

7 mindrive
Unnamed beach
7 mindrive
🥾Hiking Trails
Bikeable

North Country Trail

12 minbike· 4 min drive
Cooper Woodland Trail
4 mindrive
🐕Dog Parks
Quick drive

Animal Hospital of Lowell Dog Park

7 mindrive
🚴Bike Paths
Bikeable

Fred Meijer Flat River Valley Rail Trail

10 minbike· 28 min walk· 6 min drive
Unnamed bike path
5 mindrive
Creekside Park Trail
5 mindrive
⛵Boat Launches
Quick drive

Lowell - Grand River Launch

7 mindrive
Murray Lake Launch
13 mindrive
Pratt Lake Launch
13 mindrive
Ada - Grand River Launch
12 mindrive
💊Pharmacies
Quick drive

Walgreens

6 mindrive
📚Libraries
Quick drive

Amy Van Andel Library (KDL)

12 mindrive
🎬Movie Theaters
Quick drive

Ada-Lowell 5 Theatres

6 mindrive

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 6.65% 30-year fixed rate with 20% down, you'd need roughly $110k/year in household income to qualify — an estimated monthly payment of $4,142 (principal, interest, property tax est., and insurance).

Down paymentMonthly paymentIncome needed
20% $4,142/mo$110,466
10% (+PMI)$4,768/mo$127,144
5% (+PMI)$4,978/mo$132,750

Estimates use a 6.65% 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.

Full River Place Site Condominiums cost-of-living breakdown →

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

🛒 Grocery(2)

bp

Grocery Store

1.8 mimap

Meijer

Grocery Store

2.4 mimap

🍕 Restaurants(12)

Sabor Mexicano

Restaurant

1.7 mimap

Frostie Boy of Lowell

Fast Food

1.7 mimap
Flat River Grill

Restaurant

1.7 mimap

Los Portales Bar and Grill

Restaurant

1.8 mimap

Keiser's Kitchen

Restaurant

1.8 mimap

+7 more within 5 miles

☕ Coffee(6)

Tim Hortons

Café

0.5 mimap

Meds cafe

Café

2.1 mimap

Starbucks Coffee Company

Café

2.5 mimap

+3 more within 5 miles

🍺 Bars(5)

Sneaker's

Bar

1.7 mimap

Red Barn Consignment & Antiques DBA Red Barn Mercantile

Bar

1.8 mimap

Hop Hog Lowell

Restaurant

1.8 mimap

+2 more within 5 miles

🏫 Schools(2)

Lowell Senior High

School

1.8 mimap

McPherson School

4.2 mimap

🌳 Parks(5)

Unnamed park

0.7 mimap

Park

0.7 mimap

Park in Mcpherson St & Fallasburg Park Dr Area

0.7 mimap

+2 more within 5 miles

🐕 Dog Parks(1)

Animal Hospital of Lowell Dog Park

Dog Park

2.2 mimap

🚴 Trails(4)

Fred Meijer Flat River Valley Rail Trail

Bike Path

0.9 mimap

Creekside Park Trail

Bike Path

1.4 mimap

Unnamed bike_path

Bike Path

1.4 mimap

+1 more within 5 miles

⛵ Boat Launches(1)

Lowell - Grand River Launch

Boat Launch

3.8 mimap

💊 Pharmacies(1)

Walgreens

Pharmacy

2.5 mimap

⚡ EV Charging(1)

Unnamed ev_charging

EV Charging

1.8 mimap
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about River Place Site Condominiums? Our team can help with availability, schools, and what it's really like to live here.

Call

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.

Top contributors in River Place Site Condominiums

Data sources: parcels, sales, schools, census · Updated 8/2/2026
GR

Atlas — Grand Rapids Real Estate

Local real estate specialists

Questions about River Place Site Condominiums? Our team can help.

Call
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Conventional Mortgage Calculator

Median in River Place Site Condominiums

Estimated Monthly Payment

$4,175/mo

$
$123,000
20%
%
Principal & Interest $3,19176%
Property Tax (est.)
$
18%
Insurance (est.)
$
5%

Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.

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. 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.

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