Courtesy of Ellsbury Group, Lane Moser

5358 Paw Paw Lake Road, Coloma, Michigan, 49038

$999,000
3,460 Sqft
1.00 Acres
6 ba
#26036891
Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, 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. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance. The quality of construction is immediately apparent throughout the property. The craftsmanship is exceptional, with no corners cut during construction or subsequent improvements. The current owners have continually invested in the property, updating heating and cooling systems, paving the driveway, and renovating the seventh cabin into a dedicated office and laundry center. Whether you're seeking a turnkey investment with strong, consistent cash flow or envision creating a private family compound just steps from Paw Paw Lake, this unique property offers outstanding versatility, quality, and long-term value in one of Southwest Michigan's most desirable lake communities.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Source : Private, Well
  • Sewer : Public Sewer
  • Parking Features: Asphalt, Shared Driveway, Paved
  • View : Water
  • Waterfront Features : Lake, Waterfront Access
  • Cooling on Property:
  • Cooling: Central Air
  • Heating on Property:
  • Heating : Natural Gas, Space Heater, Electric
  • Construction Materials: Other, Frame
  • Roof: Metal
  • Road Surface Type: Paved
PROPERTY DETAILS
ID: 26036891
Status: Active
Price: $999,000
Acres: 1.00 Acres
Price Per Acre: $999,000
Type: Other
Address: 5358 Paw Paw Lake Road
City, State: Coloma, Michigan
County: Berrien
Zip Code: 49038
Lat/Long: 42.208616, -86.287589
Presented By: Lane Moser
Phone:
Email: Click to Contact