MLS# 25040336 - 5505 Lakewood Drive, Coloma, MI 49038

$691,000
Beds: 4
Baths: 2 full, 1 half
Sqft: 2,306
Sqft lot: 6,229
Acre lot: 0.14
Est. $2,544 / mo.*
14 Days On Market

Courtesy of Ellsbury Commercial Group, Lane Moser.

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Status: Active Under Contract
Property Type: Single Family Residence
Year Built: 1920
Days On Website: 14

Property Details for 5505 Lakewood Drive, Coloma, MI 49038

Lakefront on Paw Paw! This 4-bed, 2.5-bath home offers 40 feet of direct frontage on one of Southwest Michigan's most desirable all-sports lakes. With 1,566 sq ft above grade plus 783 sq ft in the basement, there's room for everyone and endless potential. The main living space frames stunning lake views and opens to a spacious back deck just steps from the water and your private dock. It's the perfect setting — peaceful mornings with coffee on the deck, afternoons on the boat, and unforgettable sunsets with friends. The home is solid and fully functional as-is, but the real upside comes with updating — lakefront values here continue to climb, making this a prime long-term investment. Whether you're envisioning a luxury summer retreat, a profitable short-term rental, or a legacy family getaway, this property offers strong bones, prime frontage, and rare availability on Paw Paw Lake.

Property Access

  • Road Surface Type: "Paved"

Appliances & Equipment

  • Appliances: "Dryer", "Microwave", "Oven", "Refrigerator", "Washer"

Basement

  • Basement: "Full"

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 3 total bathrooms

Bedrooms

  • 4 total bedrooms

Building

  • Architectural Style: "Mid-Century Modern"
  • Building Area Total: 1,523
  • Construction Materials: "Vinyl Siding"
  • Living Area: 2,306
  • Year Built: 1920
  • 2 stories

Cooling

  • Cooling Included
  • Cooling: "Central Air"

Garage

  • Garage Included
  • 2 garage spaces

Water Features

  • Water Body Name: Paw Paw Lake
  • Waterfront Features: "Lake"
  • Waterfront Property

Heating

  • Heating: "Forced Air"
  • Heating Included

Laundry

  • Features: "Laundry Room", "Main Level"

Listing

  • Listing Contract Date: 2025-04-21
  • Listing Id: 25040336
  • Listing Terms: "Cash", "Conventional"
  • Mls Status: Active Contingent
  • Modification Timestamp: 2025-08-24 14:46:56
  • On Market Date: 2025-08-10
  • Standard Status: Active Under Contract
  • Status Change Timestamp: 2025-08-24 14:46:19
  • 125 days on market

Location

  • City: Coloma
  • State Or Province: MI
  • County Or Parish: Berrien
  • Postal Code: 49038
  • MLS Area Major: Southwestern Michigan - S
  • MLS Area Minor: Southwestern Michigan - S

Lot

  • 0.14 acres
  • Area: 0.14
  • Dimensions: 40x156
  • 6,229 square feet

Parking

  • Features: "Garage Faces Front", "Detached"

Property

  • Parcel Number: 08-4590-0066-00-2
  • Property Sub Type: Single Family Residence

Roof

  • Roof: "Asphalt"

Additional Rooms

  • Rooms Total: 10

Schools

  • Middle Or Junior School District: Coloma

Sewer

  • Sewer: "Public"

Taxes

  • Annual Amount: $2,288
  • Tax Year: 2024

Utilities

  • Utilities: "Natural Gas Available", "Electricity Available", "Natural Gas Connected", "High-Speed Internet"
  • Water Source: "Well"

Windows

  • Features: "Insulated Windows"

Map View

$691,000 - 5505 Lakewood Drive, Coloma, MI 49038

Street View

Directions

5505 Lakewood Drive
Coloma, MI 49038
City: Coloma