Villages of Silver Lake
Great schools with outdoor access
Median $550K·Walkability 1.6/10·Schools 9.3/10
When you pull up to Villages of Silver Lake, you're looking at 16 acres of condo living that feels less like a subdivision and more like a low-key pocket within the broader Rockford Village Builders Plat Area—close enough to downtown Grand Rapids (26.5 minutes by car) that you're not stranded, but situated far enough out that you get actual breathing room. Two parks sit within a mile, including Balk Family County Park just an 8-minute walk away, and Bostwick Lake is less than a mile off if you want water access without the lake-house price tag. The nearest grocery is 1.3 miles out—not walkable for a quick milk run, but six grocers exist within two miles, so you're not dependent on any single store. The closest restaurant sits at 1.6 miles, which means you're driving to dinner, not strolling. It's the kind of setup where you get the practical backbone of a stable community—schools, parks, shopping spread across the area—without the density that makes other condo clusters feel cramped. For those weighing proximity to downtown and the airport (34.9 minutes) against the relative calm of a smaller development, this hits a reasonable middle ground.
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Why people love it here
Lakes Elementary School
- Elementary — 0.5 mi away
- Rockford
- 5 rated schools in district
Near the water
- Bostwick Lake — 0.6 mi
- 6 parks within 1 mile
- Little Bostwick Lake: 7 min bike
- Cannon Trail: 10 min bike
$550K median
- 9 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Villages of Silver Lake
Estimated Monthly Payment
$3,733/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.
9 homes sold in Villages of Silver Lake this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 8/10 to 10/10
School District: Rockford Public Schools
Flood Risk
None
Not in flood zone
Nearest Park
Balk Family County Park
0.4 mi
Parks Nearby
6
within 1 mile
Nearest Lake
Bostwick Lake
0.6 mi
Median Sale Price
$550K
9 sales in last 12mo
Complex Size
15.5 ac
Expected Rent
$1,650/mo
$1,450 – $1,850 · wider-area estimate
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Ric's Food Center
+1 more
Aunt Belle's Kitchen
+1 more
Biggby Coffee
Timbers Inn Restaurant & Tavern
+1 more
Unnamed playground
Little Bostwick Lake
Unnamed beach
Cannon Trail
Rockford Village Builders Plat Area Trail
Rockford - Rogue River Launch
+1 more
gym
Krause Memorial Library
Northstar Cinema
Crime in Villages of 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 Kent County.
Kent County crime & safety stats →To buy a median-priced Villages of Silver Lake home (around $549,900) at today's 6.65% 30-year fixed rate with 20% down, you'd need roughly $99k/year in household income to qualify — an estimated monthly payment of $3,704 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $3,704/mo | $98,773 |
| 10% (+PMI) | $4,263/mo | $113,685 |
| 5% (+PMI) | $4,451/mo | $118,698 |
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.
Homeowners Association
Silver Lake Condominium Association (Villages of Silver Lake)
Source: silverlakecondos.net · 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
~$871/yr in electricity from a typical rooftop solar system
Produces ~6,355 kWh/yr · offsets ~61% of a typical home's use
Private well (limited municipal water)
Largely rural on private well; utility billing 616-874-6966.
North Kent Sewer Authority (serviced areas); septic rural
Member of North Kent Sewer Authority (PARCC Side Clean Water Plant) with Rockford/Alpine/Courtland/Plainfield; rural on septic.
Resident-arranged private hauler
Services for Cannon Township · Source: cannontwp.gov
Utility, solar, and service details for Villages of 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(5)
+2 more within 5 miles
🍕 Restaurants(11)
Aunt Belle's Kitchen
Restaurant
Bostwick Lake Inn
Restaurant
Arena's Pizza Bostwick Lake
Restaurant
Meltworks
Restaurant
Timber's Inn
Restaurant
+6 more within 5 miles
☕ Coffee(9)
+6 more within 5 miles
🍺 Bars(9)
+6 more within 5 miles
🏫 Schools(8)
Lakes School
East Rockford Middle School
School
Crestwood School
Moffitt Hill School
+3 more within 5 miles
💪 Gyms(3)
Fitness Center on Unnamed
Fitness Center
Fitness Center
MVP Fitness
Fitness Center
🌳 Parks(6)
+3 more within 5 miles
🚴 Trails(4)
Rockford Village Builders Plat Area Trail
Bike Path
Bike Path
Bike Path
Unnamed bike_path
Bike Path
+1 more within 5 miles
⛵ Boat Launches(1)
Boat Launch
📚 Libraries(1)
Krause Memorial Library
Atlas — Grand Rapids Real Estate
Local real estate specialists
Questions about Villages of Silver Lake? Our team can help with availability, schools, and what it's really like to live here.
Frequently asked about Villages of Silver Lake
- What do homes cost in Villages of Silver Lake?
- The median home value in Villages of Silver Lake is about $549,900. Individual prices vary by street, size, and condition.
- How active is the Villages of Silver Lake housing market?
- there are 4 homes for sale in Villages of Silver Lake right now, and 9 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Villages of Silver Lake?
- Villages of Silver Lake is served by Rockford Public Schools. Its highest-rated assigned school is Lakes Elementary School (10/10).
- Is Villages of Silver Lake walkable?
- Villages of Silver Lake scores 1.6/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.