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$1,125,000
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Property 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.
Full Property Details
Full Property Details for 5358 Paw Paw Lake Rd
General
- Price: $1,125,000
- Taxes: $8,023
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26038543
- Updated: 8/5/2026
- Added to Site: 26 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Number of Fireplaces: 7
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area, Main Level
Location
- County: Berrien
- Cross Streets: Newton Ave.
- Driving Directions: on I-94, take Exit 39 and head north through Coloma, continue on Paw Paw Lake Road for about 3 miles, and 5358 Paw Paw Lake Road will be on your left near Paw Paw Lake.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless, Window Unit(s)
- Heating Type: Ductless, Heat Pump, Space Heater
Utilities
- Sewer: Public
- Water: Well
- Well: Yes
- Utility Description: Natural Gas Connected
Structural Information
- Architectural Style: Cabin
- Construction: Vinyl Siding, Other
- Basement: Yes
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,508
- Living Area: 2,508 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 22,534
- Lot Dimensions: 120 x 180 and back lot 120 x 180
- Frontage: Paved
Water Features
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Tax Amount: $8,023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOTS 35 38 & 39 & THE ELY 1/2 OF VAC MAY ST LYING WLY OF SD LOTS PLEASANT VIEW
- Property ID: 11-08-6200-0035-01-4
Listed by Ellsbury Group, Lane Moser
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Schools
Schools serving 5358 Paw Paw Lake Rd
School District:Coloma Community Schools
| Name | Grades | Distance |
|---|---|---|
Coloma Elementary School 262 West Street, Coloma, MI 49038 | PK-3 | 1.8 mi |
Coloma Middle School 274 South West Street, Coloma, MI 49038 | 4-5 | 2.1 mi |
Coloma Junior High School 302 West Street Joseph Street, Coloma, MI 49038 | 6-8 | 2.6 mi |
Coloma High School 300 West Street Joseph Street, Coloma, MI 49038 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5358 Paw Paw Lake Rd
Date
Details
Price
Change
Source
7/26/2026
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5358 Paw Paw Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,872
3%
$169,800
3%
2024
$6,692
9%
$164,300
-1%
2023
$6,129
-13%
$165,300
15%
2022
$7,073
-17%
$144,100
11%
2021
$8,550
158%
$130,000
6%
2020
$3,309
20%
$122,700
78%
2019
$2,759
2%
$69,100
30%
2018
$2,696
13%
$53,100
—
2017
$2,388
1%
$53,100
-1%
2016
$2,357
—
$53,600
—
2015
$2,349
—
$53,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5358 Paw Paw Lake Rd
5358 Paw Paw Lake Road, Coloma, MI 49038 (MLS# 26038543) is a Single Family property with 6 bedrooms and 6 full bathrooms. 5358 Paw Paw Lake Road is currently listed for $1,125,000 and was received on July 26, 2026. Want to learn more about 5358 Paw Paw Lake Road? Do you have questions about finding other Single Family real estate for sale in Coloma? You can browse all Coloma real estate or contact a Coldwell Banker agent to request more information.

