Silver Lake
Surrounded by nature
Median $2.0M·Walkability 2.4/10·Schools 7.0/10
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Why people love it here
Lake life
- Silver Lake within walking distance
- 5 parks within 1 mile
- Silver Lake: 2 min walk
- Lawrence A. and Mary Bell Wade Memorial Nature Sanctuary: 10 min bike
Saugatuck High School
- High — 1.7 mi away
- Saugatuck
- 3 rated schools in district
$2.0M median
- 2 recent sales
Lake facts
MI DNRDepth, fish species, and motor restrictions sourced from MI DNR — coming soon.
Explore Silver Lake
Same name, different focus — Silver Lake is also covered as:
- Silver Lake Lake Area — lake area details
Conventional Mortgage Calculator
Median home price in Silver Lake
Estimated Monthly Payment
$14,100/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 an estimate, not a published rate. 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: 6/10 to 8/10
School District: Saugatuck Public Schools
Nearest Park
Lawrence A. and Mary Bell Wade Memorial Nature Sanctuary
0.3 mi
Parks Nearby
5
within 1 mile
Walkability
Limited
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Lake Vista SuperValu
Pennyroyal Cafe
Biggby Coffee
Noble Twist Taphouse
Lawrence A. and Mary Bell Wade Memorial Nature Sanctuary
Silver Lake
Unnamed beach
South Trail\
Tails n' Trails Dog Park
Blue Star Trail
Blue Star Gym
Saugatuck Douglas District Library
Crime in Silver 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 Silver Lake home (around $1,975,000) at today's 7.18% 30-year fixed rate with 20% down, you'd need roughly $370k/year in household income to qualify — an estimated monthly payment of $13,863 (principal, interest, property tax est., and insurance).
Mortgage (principal and interest) $10,703 · Property tax (est.) $2,469 · Insurance (est.) $691 = $13,863/mo
Assumes 20% down; excludes PMI and HOA fees.
| Down payment | Monthly: mortgage, tax, insurance | Income needed |
|---|---|---|
| 20% | $13,863/mo | $369,693 |
| 10% (+PMI) | $15,942/mo | $425,121 |
| 5% (+PMI) | $16,652/mo | $444,057 |
Estimates use a 7.18% 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.
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
~$882/yr in electricity from a typical rooftop solar system
Produces ~6,430 kWh/yr · offsets ~61% of a typical home's use
Private well
Rural township; individual wells outside serviced areas.
Septic - individual
Individual septic systems.
Resident-arranged hauler
Curbside trash resident-arranged.
Consumers Energy / SEMCO Energy
Natural gas where available.
Confirm by addressServices for Saugatuck Township · Source: saugatucktownshipmi.gov
Utility, solar, and service details for Silver 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)
Lake Vista SuperValu
Grocery Store
🍕 Restaurants(4)
Pennyroyal Cafe
Restaurant
Back Alley Pizza Joint
Restaurant
Happystance
Fast Food
Restaurant
☕ Coffee(4)
+1 more within 5 miles
🏫 Schools(15)
Saugatuck High School
School
School
Macks Landing School
Colf School
School Number 4
+10 more within 5 miles
💪 Gyms(1)
Blue Star Gym
Fitness Center
🐕 Dog Parks(2)
Dog Park
Dog Park in Dudleyville Plat Area
Dog Park
🚴 Trails(1)
Blue Star Trail
Bike Path
Grand Rapids Real Estate Co.
Local real estate specialists
Questions about Silver Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Silver Lake
- What do homes cost in Silver Lake?
- The median home value in Silver Lake is about $1,975,000. Individual prices vary by street, size, and condition.
- How active is the Silver Lake housing market?
- there is 1 home for sale in Silver Lake right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Silver Lake?
- Silver Lake is served by Saugatuck Public Schools. Its highest-rated assigned school is Saugatuck High School (8/10).
- Is Silver Lake walkable?
- Silver Lake scores 2.4/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
Top contributors in Silver Lake
Detailed statistics are being computed for this location. Demographics, home values, schools, flood risk, and more will appear here automatically.