5358 Paw Paw Lake Road Coloma, MI $ 1,125,000
5358 Paw Paw Lake Road
$ 1,125,000
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5358 Paw Paw Lake Road

Coloma, MI, 49038
$ 1,125,000
Bedrooms6 Baths6.0 Sq 2,508

Monthly Estimate*

$ 7,103

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Single Family Home for sale in Coloma, MI

for $1,125,000 with 6 bedrooms and 6 full baths. This 2,508 square foot home was built in 1935 on a lot size of 1.

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.

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Single Family Active

Price

$ 1,125,000

Bedrooms

6

Full Bath

6

Property Type

Single Family

Taxes

$ 8,023

Style

Cabin

Lot Size

1

Year Built

1935

Town/City

Coloma

County/Region

Berrien

MLS | Web ID

26038543

Features
Interior
Interior Amenities Ceiling Fan(s)
Basement Slab
Flooring Carpet Tile Wood
Total Fireplaces 7
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features Common Area Main Level
Total Bedrooms 6
Main Level Bedrooms 6
Total Baths 6
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General
Sewer Public
Heating Ductless Heat Pump Space Heater
Cooling Central Air Ductless Window Unit(s)
Utilities Natural Gas Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Architectural Style Cabin
Security Features Closed Circuit Camera(s) Security System
Construction Materials Vinyl Siding Other
Year Built 1935
Stories Count 1
Township Coloma Twp
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake
County Berrien
New Construction N
Property Type Residential
Garage Y/N N
Total Rooms 7
Full Baths 6
Status Active
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.
City Coloma
Body of Water Paw Paw Lake
High School District Coloma
Lot Size Units Acres
Lot Size Square Feet 22534.0
Carport Y/N N
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 8023.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 144071
Legal Description LOTS 35 38 & 39 & THE ELY 1/2 OF VAC MAY ST LYING WLY OF SD LOTS PLEASANT VIEW
Senior Community None
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Exterior
Water Source Well
Lot Size Area 1.0
Spa N
Building Area Total 3460.0
Lot Dimensions 120x180 and back lot 120x180
Lot Size Acres 1.0
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
View True
All Sports True
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Internal Only
Street Number 1 5358
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* Excluded Features
List By
Ellsbury Group

Broker

lane@ellsburygroup.com

Email

Affordability Calculator

$7,772
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,103
Monthly Property Taxes
$669
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250169 Elementary School
250362 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$1,125,000 Listed Price

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5358 Paw Paw Lake Road, Coloma, MI, 49038 is a Single Family Home for sale at $1,125,000 with 2,508 sqft and a lot size of 1. 5358 Paw Paw Lake Road has 6 bedrooms, 6.0 baths, and was built in 1935. The property's zip code is 49038 which is in Coloma, MI