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5526 Alhambra Dr SE, Grand Rapids, MI, 49546

4beds
3baths
3,272sqft
$875,000
$267price/sqft
$6,650/moest. monthly cost
$266,000/yrincome needed

About This Home

Welcome to 5526 Alhambra Drive, a 3,272 sq ft craftsman bungalow in the highly desirable Watermark Country Club community. This stand-alone condo has been meticulously maintained by it's original owners. But "original owners" does NOT mean original finishes! The approximately 2,000 sq ft main floor has been extensively renovated to include current, high-end finishes that make this home truly turn-key for today's buyer! The open concept main floor features a great room with fireplace, large dining area and kitchen, along with a private office, sunroom and laundry room. The updated primary suite includes a bedroom with vaulted ceilings, large walk-in closet and generous bath. On the daylight lower level, you'll find an expansive, light-filled family room and gaming area w/ wet bar. Also featured on the lower level are two large bedrooms, full bath and an additional room that could function as a 2nd home office, exercise room or 4th bedroom. These homes do not come up often - see it soon!

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
38
BikeSomewhat Bikeable

Schools

9/10
10/10
Central Middle SchoolGrades 7-81.5 mi
9/10
Central High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Composition
  • Construction materials: Stone,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Central Vacuum,Wet Bar,Center Island,Pantry
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,908
  • Total interior livable area: 3,272 sqft

Property

Details

  • Parcel number: 411907202020
  • Zoning description: Res

Features

  • Stories: 1

Lot

  • Lot size: 8,276 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Heat Wave
Inland Flooding

FEMA Declared Disasters in Kent County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,424$53,088
Home Insurance *$258$3,096
Property Taxes $1,612$19,344
Electricity $356$4,282
Total$6,650$79,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$228,000/yr
40% on housing$199,500/yr
45% on housing$177,333/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$267This listing

vs Other Active Listings

Avg $/sqft

ZIP 49546$255
Kent County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 49546$211
Kent County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$875,000
2026-07-22Listed for sale$875,000
2000-09-14Sold$435,000

For Sale by Agent

AgentSusan M Kirchgessner
BrokerageGreenridge Realty (EGR)

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