Silver Ridge Area
Space and nature
6 homes for sale·Median $344K·Walkability 1.5/10·Schools 4.3/10
You're driving through Silver Ridge and there's space—real space—between homes. Eight-acre lots mean trees, distance, and that particular kind of quiet that comes from elbow room rather than isolation. The roads roll easy, and the nearest grocery or restaurant is just steps away, so you're never actually far from what you need, just removed enough to breathe. A coffee run takes a 7-minute walk, and if you want options, there are 66 restaurants within a mile and 18 grocers within two.
Why people love it here
8.9 acre avg lots
- 1,307 homes
Lake life
- Selkirk Lake within walking distance
- Mud Lake: 8 min bike
- Pickerel Lake: 4 min drive
$344K median
- 26 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Silver Ridge Area
Estimated Monthly Payment
$2,332/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.
26 homes sold in Silver Ridge Area this year. Thinking of selling?
See what your home is worthMedian Sale Price
$344K
26 sales in last 12mo
Parks Nearby
0
within 1 mile
Nearest Park
Selkirk Lake Public Access
2.5 mi
Flood Risk
None
Not in flood zone
Nearest Park
Selkirk Lake Public Access
2.5 mi
Parks Nearby
0
within 1 mile
Nearest Lake
Selkirk Lake
0.0 mi
Based on 3 rated schools nearby
Range: 1/10 to 7/10
School District: Wayland Union Schools
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Town & Country Supermarket
McDonald's
Yankee Springs Township Park
Mud Lake
+1 more
Beach at Gun Lake
Trail Head to Split
Gun Lake Gym
Henika District Library
Crime in Silver Ridge Area 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 Ridge Area home (around $343,500) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $61k/year in household income to qualify — an estimated monthly payment of $2,285 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,285/mo | $60,926 |
| 10% (+PMI) | $2,630/mo | $70,144 |
| 5% (+PMI) | $2,746/mo | $73,227 |
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.
Land for sale
Listings
4 parcels
Active / pending
Typical Land Value
$26K/acre
Median asking
Median Price
$278K
Per listing
Who actually lends in Silver Ridge Area, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
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
~$909/yr in electricity from a typical rooftop solar system
Produces ~6,359 kWh/yr · offsets ~61% of a typical home's use
Private well
Rural township; individual wells.
Septic - individual
Individual septic systems.
Resident-arranged hauler
Curbside trash resident-arranged.
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Standard provider.
Confirm by addressNo local township PD; county sheriff (city of Wayland has its own PD).
City of Wayland FD (Chief Jon Timmers) serves the township by contract/mutual aid.
Services for Wayland · Source: waytwp.org
Utility, solar, and service details for Silver Ridge Area 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(3)
Town & Country Supermarket
Grocery Store
Grocery Store
Tom's Meat Market on Gun Lake
Grocery Store
🍕 Restaurants(6)
Fast Food
Curly Cone
Fast Food
Tujax Tu
Restaurant
Restaurant
Fast Food
+1 more within 5 miles
☕ Coffee(1)
Café
🏫 Schools(5)
School
School
School
💪 Gyms(1)
Gun Lake Gym
Fitness Center
🌳 Parks(4)
+1 more within 5 miles
🚴 Trails(7)
+4 more within 5 miles
📚 Libraries(1)
Frequently asked about Silver Ridge Area
- What do homes cost in Silver Ridge Area?
- The median home value in Silver Ridge Area is about $343,500. Individual prices vary by street, size, and condition.
- How active is the Silver Ridge Area housing market?
- there are 6 homes for sale in Silver Ridge Area right now, and 26 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Silver Ridge Area?
- Silver Ridge Area is served by Wayland Union Schools. Its highest-rated assigned school is Wayland High School (7/10).
- Is Silver Ridge Area walkable?
- Silver Ridge Area scores 1.5/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
