$691,000
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.
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 Details
Price:
$691,000
MLS #:
25040336
Status:
Active
Beds:
4
Baths:
2.5
Address:
5505 Lakewood Drive
Type:
Single Family
Subtype:
Single Family Residence
City:
Coloma
Listed Date:
Aug 10, 2025
State:
MI
Finished Sq Ft:
2,306
Total Sq Ft:
1,523
ZIP:
49038
Lot Size:
6,229 sqft / 0.14 acres (approx)
Year Built:
1920
Schools
School District:
Coloma
Interior
Appliances
Dryer, Microwave, Oven, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Ceramic Tile
Heating
Forced Air
Laundry Features
Laundry Room, Main Level
Exterior
Architectural Style
Mid- Century Modern
Construction Materials
Vinyl Siding
Parking Features
Garage Faces Front, Detached
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$2,288
Mortgage Calculator
Map
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