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5 Beds
3 Full baths
2,435SqFt
Active
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. 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.
Property Details | ||
---|---|---|
Price | $749,000 | |
Bedrooms | 5 | |
Full Baths | 3 | |
Half Baths | 1 | |
Property Style | Traditional | |
Lot Size | 100x109 | |
Lot Size Area | 0.25 | |
Lot Size Area Units | Acres | |
Acres | 0.25 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 2 | |
Features | Eat-in Kitchen, Pantry | |
Exterior Features | Scrn Porch | |
Year Built | 1985 | |
Fireplaces | 2 | |
Roof | Asphalt | |
Waterfront | Paw Paw Lake | |
Heating | Forced Air | |
Lot Description | Corner Lot | |
Laundry Features | Laundry Room, Main Level | |
Parking Description | Attached | |
Garage spaces | 2 | |
Geographic Data | ||
Directions | I-94 to exit 39 N to Wil O Paw Dr over the bridge to Wil O Paw Rd on left | |
County | Berrien | |
Latitude | 42.200988 | |
Longitude | -86.290597 | |
Market Area | Southwestern Michigan - S | |
Address Information | ||
Address | 6981 Wil-O-Paw Road, Coloma, MI 49038 | |
Postal Code | 49038 | |
City | Coloma | |
Cross Street | Maple Dr. N Maple Dr. S | |
State | MI | |
Country | United States | |
Listing Information | ||
Listing Office | Ellsbury Commercial Group | |
Listing Office Phone | 219-200-5133 | |
Listing Office Email | info@jasonstroudteam.com | |
Listing Agent | Lane Moser | |
Listing Agent Phone | 260-615-9248 | |
Terms | Cash, Conventional | |
School Information | ||
District | Coloma | |
MLS Information | ||
Days on market | 5 | |
MLS Status | Active | |
Listing Date | Apr 22, 2025 | |
Listing Last Modified | Apr 27, 2025 | |
Tax ID | 08-5960-0062-01-0 | |
Tax Year | 2024 | |
Tax Annual Amount | 15695 | |
MLS Area | Southwestern Michigan - S | |
MLS MLS area minor | Southwestern Michigan - S | |
MLS # | 25016903 |
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This information is believed to be accurate, but without any warranty.