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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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5358 Paw Paw Lake Rd , Coloma, MI 49038
$1,125,000
Est. Payment: $5,793.18/mo
0 Bed
6 Bath
3460 Sqft
Status: active | Days on site: 16
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

House Description

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.

Highlights

Listed by Lane Moser , 260-615-9248 Ellsbury Group , 219-200-5133. MichRIC

Property Type

Commercial Sale

Lot/Acreage
0.52

Year Built

1935

County

Berrien

School District

Coloma

Listing ID

26036891

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:6
Air Cond:Central Air
Fireplaces:
Other:Well

Exterior Features

Lot:Lake
Roof:Metal
Principal Interest
$5,793
Taxes
$669

Home Price

$1,125,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$225,000
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Monthly Price:
$5,793.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,793.18 $668.58 $0.00 $6,461.76
Yearly $69,518.18 $8,023.00 $0.00 $77,541.18
Total $2,085,545.26 $240,690.00 $0.00 $2,326,235.26
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Coloma, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

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