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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
6 Bed
6 Bath
2508 Sqft
Status: active | Days on site: 9
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
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, 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.

Highlights

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

Property Type

Residential

Lot/Acreage
0.52

Year Built

1935

County

Berrien

School District

Coloma

Listing ID

26038543

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Air Cond:Central Air,Ductless,Window Unit(s)
Fireplaces:
Floor:Carpet,Tile,Wood
Basement:Slab
Other:Ceiling Fan(s),Master on Main
Other:Well

Exterior Features

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

Home Price

$1,125,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$225,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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
Lender profile image
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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