Coloma Homes with Conventional Listing Terms

Coloma Homes with Conventional Listing Terms

Welcome to Coloma, Michigan—an enchanting small town nestled in Berrien County, where charm meets community spirit. Known for its rich history and vibrant local culture, Coloma offers a delightful blend of rural tranquility and modern conveniences. The town is surrounded by stunning natural landscapes, including beautiful parks and serene lakes, making it a haven for outdoor enthusiasts and families alike.

Coloma boasts a tight-knit community that hosts various events throughout the year, including the popular Coloma Glad-Peach Festival, celebrating the region's rich agricultural heritage. Residents enjoy easy access to local shops, restaurants, and recreational activities, fostering a strong sense of belonging. With its friendly atmosphere and picturesque surroundings, Coloma is an ideal place for those seeking a peaceful lifestyle while still being close to urban amenities.

When it comes to real estate, Coloma offers a variety of homes that cater to diverse preferences and budgets. One of the notable features of this charming town is the availability of homes with conventional listing terms. Whether you're a first-time homebuyer or looking to invest, these properties provide flexibility and straightforward purchasing processes. From cozy cottages to spacious family homes, you’ll find a range of options that reflect the warmth and character of Coloma.

Discover the joys of living in Coloma, where you can enjoy a serene lifestyle, a welcoming community, and a variety of housing options that make it easy to call this beautiful town home. Your dream home awaits in this charming slice of Michigan!

Newest Coloma Homes with Conventional Listing Terms

$1,125,000
6 Beds 6 Baths 26038543 MLS ACTIVE Status
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.

5358 Paw Paw Lake Road, Coloma

$1,125,000
6 Baths 26036891 MLS ACTIVE Status
Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, 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. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance. The quality of construction is immediately apparent throughout the property. The craftsmanship is exceptional, with no corners cut during construction or subsequent improvements. The current owners have continually invested in the property, updating heating and cooling systems, paving the driveway, and renovating the seventh cabin into a dedicated office and laundry center. Whether you're seeking a turnkey investment with strong, consistent cash flow or envision creating a private family compound just steps from Paw Paw Lake, this unique property offers outstanding versatility, quality, and long-term value in one of Southwest Michigan's most desirable lake communities.

5358 Paw Paw Lake Road, Coloma

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