W 8 Mile Rd & N Lost Lake Rd Area
Wide open spaces
Median $98K·Walkability 0.0/10·Schools 3.7/10
Out here you're buying land first and a house second—think 10-acre parcels carved from rolling pine and oak, with state forest spreading across the road and ORV trails threading through thousands of acres of public land. Most listings come as-is: older mobile homes on wooded acreage, some with outbuildings (workshops, sheds, garages), others with additions and decks that locals have cobbled together over decades. Wells and furnaces tend to need work, but that's part of the math when you're this far from town infrastructure. The real draw isn't proximity to anything—it's the inverse: you're buffered from it. Hungerford Lake Recreation Area sits about five miles away for boating and fishing, and what makes this pocket genuinely different is that Lake Michigan sits just a tenth of a mile off, close enough to shape the whole character of the area without dominating it.
Why people love it here
10.2 acre avg lots
- 55 homes
$98K median
- 1 recent sale
Conventional Mortgage Calculator
Median home price in W 8 Mile Rd & N Lost Lake Rd Area
Estimated Monthly Payment
$662/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.
Recent Sale Price
$98K
1 recent sale
Parks Nearby
0
within 1 mile
Nearest Park
Skinner Park
5.6 mi
Based on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Baldwin Community Schools
Crime in W 8 Mile Rd & N Lost Lake Rd 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 Lake County.
Lake County crime & safety stats →To buy a median-priced W 8 Mile Rd & N Lost Lake Rd Area home (around $97,500) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $17k/year in household income to qualify — an estimated monthly payment of $649 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $649/mo | $17,293 |
| 10% (+PMI) | $747/mo | $19,910 |
| 5% (+PMI) | $779/mo | $20,785 |
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
1 parcel
Active / pending
Typical Land Value
$27K/acre
Median asking
Median Price
$120K
Per listing
Solar potential
~$886/yr in electricity from a typical rooftop solar system
Produces ~6,198 kWh/yr · offsets ~59% of a typical home's use
Utility, solar, and service details for W 8 Mile Rd & N Lost Lake Rd 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.
Flood Risk
None
Not in flood zone
Nearest Park
Skinner Park
5.6 mi
Parks Nearby
0
within 1 mile
Frequently asked about W 8 Mile Rd & N Lost Lake Rd Area
- What do homes cost in W 8 Mile Rd & N Lost Lake Rd Area?
- The median home value in W 8 Mile Rd & N Lost Lake Rd Area is about $97,500. Individual prices vary by street, size, and condition.
- How active is the W 8 Mile Rd & N Lost Lake Rd Area housing market?
- no homes are listed in W 8 Mile Rd & N Lost Lake Rd Area right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve W 8 Mile Rd & N Lost Lake Rd Area?
- W 8 Mile Rd & N Lost Lake Rd Area is served by Baldwin Community Schools. Its highest-rated assigned school is Baldwin Senior High School (4/10).
- Is W 8 Mile Rd & N Lost Lake Rd Area walkable?
- W 8 Mile Rd & N Lost Lake Rd Area scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.