$749,000
Coloma, MI 49038
MLS# 25016903
Status: Sold
5 beds | 4 baths | 2435 sqft
1 / 40
Property Description
Tucked along the peaceful channel of Paw Paw Lake, this 5-bedroom, 3.5-bath home offers the perfect blend of lifestyle and investment. With 2,400 square feet of thoughtfully designed living space, this home is currently operating as a successful short-term rental with nearly $80,000 in revenue for 2024—providing a rare opportunity to own a lake-access home that pays for itself. Enjoy vaulted ceilings, warm wood finishes, two cozy fireplaces, an enclosed 3-season room, and a large deck overlooking your private canal frontage just steps from the main lake. One of the main-level bedrooms does not include a closet, making it ideal as a guest suite, office, or flex space to suit your needs.
Details
Maps
Location Property Info
County: Berrien
Street #: 6981
Street Name: Wil-O-Paw
Suffix: Road
State: MI
Zip Code: 49038
Area: Southwestern Michigan - S
OfficeContract Info
Status: Sold
List Price: $749,000
Current Price: $749,000
Listing Date: 2025-04-22
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.25
Lot Square Footage: 10899
Lot Dimensions: 100x109
Year Built: 1985
Road Frontage: 100
Garage Y/N: Yes
Garage Spaces: 2
Fireplace: Yes
Total Fireplaces: 2
Income Property: Yes
Total Rooms AG: 8
Total Fin SqFt All Levels: 2435
SqFt Above Grade: 2435
Total Beds Above Grade: 5
Total Bedrooms: 5
Full Baths: 3
Half Baths: 1
Total Baths: 4
Main Level Primary: Yes
Stories: 2
School District: Coloma
Waterfront: Yes
Body of Water: Paw Paw Lake
Statewide Lakes & Rivers: Paw Paw Lake
Tax Info
Tax ID #: 08-5960-0062-01-0
Taxable Value: 404800
SEV: 4048
For Tax Year: 2024
Seller's Annual Property Tax: 15695
Tax Year: 2023
Spec Assessment & Type: None Known
Remarks Misc
Directions: I-94 to exit 39 N to Wil O Paw Dr over the bridge to Wil O Paw Rd on left
Status Change Info
Under Contract Date: 2025-04-27
Sold Date: 2025-06-20
Sold Price: $749,000
Sold Price/SqFt: 307.6
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 100
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 2
Upper Level Square Feet: 884
Total Baths Above Grade: 4
Main Rooms
Main Bedrooms: 2
Main Full Baths: 1
Main Half Baths: 1
Main Level SQFT: 1551
Property Features
Water Type: Channel; Lake
Laundry Features: Laundry Room; Main Level
Exterior Material: Vinyl Siding
Roofing: Asphalt
Substructure: Crawl Space
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Well
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available
Kitchen Features: Eating Area; Pantry
Fireplace: Bedroom; Living Room
Appliances: Dryer; Microwave; Oven; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Exterior Features: Scrn Porch
Fencing: Fenced Back
Flooring: Tile; Wood
Patio and Porch Features: Deck
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Parking Features: Attached
Architectural Style: Traditional
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional
Sale Conditions: None
Supplements
Whether you're looking for a second home to enjoy with friends and family or an income-generating vacation rental, this property delivers both. Use it when you want, rent it when you don't. With a proven rental history, desirable lake access, and updated amenities, this home is truly an investment you can enjoy.
Room Information
| Room Name | Level |
| Kitchen | Main |
| Living Room | Main |
| Dining Area | Main |
| Bathroom 1 | Main |
| Den | Main |
| Primary Bedroom | Main |
| Primary Bathroom | Main |
| Primary Bedroom | Upper |
| Primary Bathroom | Upper |
| Bathroom 3 | Upper |
| Bedroom 3 | Upper |
| Bedroom 4 | Upper |
Listing Office: Ellsbury Group
Listing Agent: Lane Moser
Last Updated: December - 23 - 2025
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.