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About this home
Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acreacross 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.
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.
REALCOMP #69026038543
Sep 11, 2026
Price Changed
$1,099,000
$438/sq ft
Jul 17, 2026
Listed
$1,125,000
$449/sq ft
+43
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.
SW Michigan MLS #20021075
Aug 14, 2020
Sold
$679,000
$271/sq ft
Jun 26, 2020
Contingent
—
Jun 8, 2020
Listed
$679,000
$271/sq ft
Greater Lansing AoR #70141936
Aug 14, 2020
Sold
$679,000
$271/sq ft
Jun 8, 2020
Listed
$679,000
$271/sq ft
Jun 8, 2020
Listed
$679,000
$271/sq ft
REALCOMP #69020021075
Aug 14, 2020
Sold
$679,000
$271/sq ft
Jun 8, 2020
Listed
$679,000
$271/sq ft
Public Records
Feb 27, 2017
Sold
$107,000
$43/sq ft
SW Michigan MLS #15009940
Sep 10, 2015
Listing Removed
—
Sep 5, 2015
Listed
$132,900
$53/sq ft
REALCOMP #69015009940
Sep 9, 2015
Listing Removed
—
Mar 9, 2015
Listed
$132,900
$53/sq ft
SW Michigan MLS #14042345
Feb 24, 2015
Listing Removed
—
Jul 23, 2014
Listed
$135,900
$54/sq ft
REALCOMP #69014042345
Feb 23, 2015
Listing Removed
—
Jul 23, 2014
Listed
$135,900
$54/sq ft
SW Michigan MLS #13044930
Sep 16, 2014
Listing Removed
—
Jul 29, 2013
Listed
$145,000
$58/sq ft
SW Michigan MLS #2325089
Nov 14, 2003
Sold
$90,000
$36/sq ft
Jul 2, 2003
Listed
$99,900
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,872 (+2.7%)
2024
$6,692 (+9.2%)
2023
$6,129 (−13.4%)
2022
$7,073 (−17.3%)
2021
$8,550 (+158.4%)
2020
$3,309 (+19.9%)
2019
$2,759 (+54.3%)
2005
$1,788
Public record
Beds
—
Baths
—
Stories
—
Lot width
120 ft.
Lot depth
195 ft.
Lot size
0.52 Acres
Year renovated
—
Finished Sq. Ft.
2,508
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,508
Year built
1935
Style
Single Family Residential
County
Berrien County
APN
08-6200-0035-01-4
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Coloma, MI • 49038
Average low and high temperatures (°F)
30
19
35
23
52
33
60
41
65
47
78
61
83
66
79
61
77
56
66
47
50
38
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Coloma. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5358 Paw Paw Lake Rd
$1,068,384
$31K under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $335K to $2.0M.