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6 Baths
3,460 sqft

$999,000

5358 Paw Paw Lake Road, Coloma MI, 49038

Price per sqft$288.73
Built in1935
Property size3,460 sqft
Property typeCommercial
Courtesy of Lane Moser, Ellsbury Group

Overview

Active

Listed Jul 17, 2026

Updated 3 weeks ago

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.

Additional information

MLS® ID
26036891

Interior Features

Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.52 Acres

Other Property Details

Taxes
$8,023
Tax Frequency
Annually

Also listed on MiRealSource

MLS provider logo

Courtesy of Ellsbury Group

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Data last updated 10/2/2026

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