5358 Paw Paw Lake Road, Coloma, MI 49038
5358 Paw Paw Lake Road, Coloma, MI 49038
5358 Paw Paw Lake Road, Coloma, MI 49038
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$1,125,000
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6 Beds
6 Baths
3,460 SqFt
New

5358 Paw Paw Lake Road Coloma, MI 49038

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $325

Municipality Coloma Twp

MLS Listing ID 26038543

Style Cabin

Bedrooms 6

Full Baths 6

Year Built 1935

Annual Tax Amount $8,023

Tax Year 2025

Lot Size 0.517 Acres

Acres 1.0

Lot Dimensions 120x180 and back lot 120x180

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

Property Description

Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, conveniently located just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. This property offers a rare combination of investment potential and personal enjoyment. Continue operating it as a proven income-producing rental property or create a private family compound where everyone has their own space while staying together. Owners can enjoy the property throughout the year and rent the cabins when they're not in use, making it an ideal opportunity for those looking to offset ownership costs while building long-term value. A proven income producer, the property operates as short-term rentals during the summer season and transitions to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. With an established rental history and consistent performance, this is a stabilized asset offering immediate cash flow and future upside. The quality of construction is immediately apparent throughout the property. Exceptional craftsmanship is evident in every cabin, with no corners cut during construction or subsequent improvements. Whether you're looking to expand your investment portfolio or own a one-of-a-kind property near Paw Paw Lake with flexible use and strong income potential, opportunities like this are few and far between. A proven income producer, the property operates as short-term rentals during the summer season and transitions to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. With an established rental history and consistent performance, this is a stabilized asset offering immediate cash flow and future upside. The quality of construction is immediately apparent throughout the property. Exceptional craftsmanship is evident in every cabin, with no corners cut during construction or subsequent improvements. Whether you're looking to expand your investment portfolio or own a one-of-a-kind property near Paw Paw Lake with flexible use and strong income potential, opportunities like this are few and far between.

Location

State MI

County Berrien

Direction on I-94, take Exit 39 and head north through Coloma, continue on Paw Paw Lake Road for about 3 miles, and 5358 Paw Paw Lake Road will be on your left near Paw Paw Lake.

Body of Water Paw Paw Lake

Rooms

Basement Slab

Interior

Interior Features Ceiling Fan(s)

Heating Ductless, Heat Pump, Space Heater

Cooling Central Air, Ductless, Window Unit(s)

Flooring Carpet, Tile, Wood

Fireplaces Number 7

Fireplace true

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Common Area, Main Level

Exterior

Utilities Available Natural Gas Connected

Waterfront Description Lake

View Y/N No

Roof Type Metal

Street Surface Paved

Porch Covered, Deck, Porch(es)

Garage No

Building

Story 1

Sewer Public

Water Well

Architectural Style Cabin

Structure Type Vinyl Siding,Other

New Construction No

Schools

School District Coloma

Others

Tax ID 11-08-6200-0035-01-4

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Ellsbury Group

NEARBY SCHOOL & BUSINESS

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Jonathan Stowers

Jonathan Stowers

Agent | License ID: 6501449876

+1(269) 675-0215

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5358 Paw Paw Lake Road