What are the HOA fees in Balsam Waters?

The estimated monthly HOA fee for Balsam Waters is $350 (approximately $4,200 annually).

Does Balsam Waters allow rentals or Airbnb?

Balsam Waters restricts rentals. Short-term rentals like Airbnb are permitted.

Is Balsam Waters pet friendly?

Yes, Balsam Waters is pet-friendly. Dogs must be leashed, designated dog park available

What amenities does Balsam Waters have?

Amenities include: Parks, Community Center.

Balsam Waters HOA Fees, Rules & Amenities (Grand Rapids, MI)

Grand Rapids, Michigan

Last Updated: April 18, 2026

About This Community

Family-friendly neighborhood with well-maintained common areas.

Estimated Monthly HOA Fee

$350

Est. Yearly Fee$4,200/yr

HOA Rules & Restrictions

Rentals Allowed

Airbnb / Short-term Rentals

Yes

Pet Friendly

Yes

Pet Restrictions

Dogs must be leashed, designated dog park available

Parking Rules

2 car garage required, guest parking on street

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Rental Status

Rentals AllowedNO

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Amenities

Parks

Community Center

Frequently Asked Questions About Balsam Waters

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HOA's Hub Insights

Balsam Waters is a premium community located in Grand Rapids, Michigan, with estimated monthly HOA fees of $350. This positions it as a higher-tier community typically offering expanded services and upkeep. The neighborhood features pet-friendly policies, making it appealing for animal lovers. On the rental side, Balsam Waters restricts rental activity, which helps maintain a stable owner-occupied community feel. Short-term rentals like Airbnb are permitted, adding flexibility for homeowners who may want supplemental income. Residents enjoy access to community amenities including Parks, Community Center, which add everyday value and enhance quality of life. Parking in Balsam Waters follows established guidelines — rules are in place to keep streets and driveways accessible for all residents. Buyer tip: always review the full CC&Rs (Covenants, Conditions & Restrictions) and recent meeting minutes before purchasing, as rules and fee structures can change. Use HOA's HUB to compare this community's fees and policies with similar neighborhoods in Grand Rapids to ensure you're making a well-informed decision.