$1,125,000
Coloma, MI 49038
MLS# 26038543
6 beds | 6 baths | 3460 sqft
1 / 48
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.
Details
Maps
Location & Property Info
Cross Streets: Newton Ave.
Property Sub-Type: Single Family Residence
Municipality: Coloma Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 325.14
General Property Info
New Construction: No
Lot Dimensions: 120x180 and back lot 120x180
Road Frontage: 120
Garage Y/N: No
Total Fireplaces: 7
Waterfront: No
Body of Water: Paw Paw Lake
Income Property: Yes
Basement: No
Total Rooms AG: 7
Total Fin SqFt All Levels: 2508
SqFt Above Grade: 3460
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 3460
Total Beds Above Grade: 6
Statewide Lakes & Rivers: Paw Paw Lake
Main Level Primary: Yes
Stories: 1
School District: Coloma
Association YN: No
Lot Measurement: Acres
Lot Acres: 1
Lot Square Footage: 22534
Year Built: 1935
Total Bedrooms: 6
Full Baths: 6
Total Baths: 6
Tax Info
Taxable Value: 144071
SEV: 164300
For Tax Year: 2025
Seller's Annual Property Tax: 8023
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: unknown
Tax ID #: 11-08-6200-0035-01-4
Remarks & Misc
Public Remarks: 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.
Legal: LOTS 35 38 & 39 & THE ELY 1/2 OF VAC MAY ST LYING WLY OF SD LOTS PLEASANT VIEW
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 0
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Public Access 1 Mile or Less: 1
View: 1
Street Type
Paved: 1
Public: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Common Area: 1
Main Level: 1
Exterior Material
Vinyl Siding: 1
Other: 1
Roofing
Metal: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Ductless: 1
Heat Pump: 1
Mini-Split: 1
Space Heater: 1
Air Conditioning
Central Air: 1
Ductless: 1
Window Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 6
Main Rooms
Main Bedrooms: 6
Main Full Baths: 6
Main Level SQFT: 3460
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Manufactured
Manufactured Y/N: No
Driveway
Asphalt: 1
Shared Paved: 1
Substructure
Slab: 1
Additional Items
Ceiling Fan(s): 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Patio and Porch Features
Porch(es): 1
Covered: 1
Deck: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Security Features
Closed Circuit Camera(s): 1
Security System: 1
Landscape
Shrubs/Hedges: 1
Architectural Style
Cabin: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Berrien
Street #: 5358
Street Name: Paw Paw Lake
Suffix: Road
State: MI
Zip Code: 49038
Zip (4): 8691
OfficeContract Info
Status: Active
List Price: $1,125,000
Current Price: $1,125,000
Listing Date: 2026-07-17
Remarks Misc
Directions: 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.
Property Features
Water Type: Lake
Laundry Features: Common Area; Main Level
Exterior Material: Vinyl Siding; Other
Roofing: Metal
Substructure: Slab
Sewer: Public Sewer
Water: Well
Utilities Attached: Natural Gas Connected
Additional Items: Ceiling Fan(s)
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Heat Source: Electric; Natural Gas
Heat Type: Ductless; Heat Pump; Mini-Split; Space Heater
Air Conditioning: Central Air; Ductless; Window Unit(s)
Flooring: Carpet; Tile; Wood
Patio and Porch Features: Covered; Deck; Porch(es)
Security Features: Closed Circuit Camera(s); Security System
Landscape: Shrubs/Hedges
Architectural Style: Cabin
Driveway: Asphalt; Shared Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Supplements
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.
Listing Office: Ellsbury Group
Listing Agent: Lane Moser
Last Updated: July - 26 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.