Once a bustling resort and amusement park that drew up to 10,000 people a day, this one and a half square mile village now exists as a quiet bedroom community where the population of 3,000 residents still enjoy summer activities on its two private lakes. After World War I, local railroads ended their excursion tours to the resort, then known as Silver Lake Park, and ended the resort's prosperity. In 1917 Silver Lake Park was sold and subdivided for residential building. The housing boom of the 1950s and 1960s settled the land with numerous developments. One of the most significant features of Silver Lake is its strong sense of community.
People are very friendly and very concerned about the village.
Residents feel it's a great place to raise a family and quite often new homeowners are people who grew up here, moved away and later realized how great the quality of life is here. The lake is considered communal property and each Silver Lake Estates deed guarantees owners the use of the lake and boathouse. For this privilege the land owners pay a maintenance fee. Since it is the largest allotment in the village with more than 450 lots, almost half of the village residents can enjoy this outstanding natural resource. Other village residents can opt to relax along the smaller body of water, Crystal Lake.