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$1,125,000
New Listing

5358 Paw Paw Lake Road
Coloma Charter Township, MI 49038

For Sale|Single Family Residence|Active
6
Beds
6
Total Baths
6
Full Baths
2,508
SqFt
$449
/SqFt
1935
Built
County:
Berrien
Call Now: 586-242-5838
Is this the listing for you? We can help make it yours.
586-242-5838
5358 Paw Paw Lake Road5358 Paw Paw Lake Road5358 Paw Paw Lake Road5358 Paw Paw Lake Road
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Monthly Payment (Est.)

$5,133
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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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Listing Snapshot
Price 
$1,125,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
2,508 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1935
MLS® Number 
69026038543
Status 
Active
Property Tax 
$8,023
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS®
General Features
Acres 
1
Cross Street 
Newton Ave.
Foundation 
Slab
Parking 
AsphaltShared Driveway
Property Sub Type 
Single Family Residence
Security 
Closed Circuit Camera(s)Security System
Sewer 
Public Sewer
SqFt Above 
3460
SqFt Total 
3460
Utilities 
Natural Gas Connected
Water Source 
PrivateWell
Interior Features
Appliances 
DishwasherDryerMicrowaveRefrigeratorRangeWasher
Cooling 
Ceiling Fan(s)Central AirDuctlessWindow Unit(s)
Fireplace 
Yes
Fireplaces 
7
Flooring 
CarpetTileWood
Heating 
DuctlessElectricHeat PumpNatural GasSpace Heater
Laundry Features 
Common AreaMain Level
BathFull 
Level - Main
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Exterior Features
Construction Details 
OtherVinyl Siding
Patio And Porch 
CoveredDeckPorch
Roof 
Metal
View 
Water
Waterfront Features 
LakeWaterfront Access
Waterview 
Water
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area94021ColomaTwp
Roads 
Paved
School District 
Coloma
Schools
School District
Coloma
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Ellsbury Group: [email protected]



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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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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