5505 Lakewood Drive
Coloma, MI 49038
- 4 beds
- 3 baths
- 1,523 sqft
- 6,229 sqft lot
- $492 per sqft
- 1920 build
- – on site
Lake Front! Located on the shores of one of Southwest Michigan's most sought-after lakes, this 4-bedroom, 2.5-bath home offers 40 feet of direct frontage on Paw Paw Lake With 1,566 sq ft of living space and an additional 783 sq ft in the basement, the home offers endless potential. Enjoy expansive lake views from the main living area and walk right out onto a spacious back deck just steps from the water and your private dock. The setting is what sets this property apart. Calm mornings on the deck, afternoons on the boat, and evenings with friends as the sun dips over the lake — this is the lifestyle Paw Paw is known for. The home is functional as-is but primed for someone to come in and make it their own. Whether you're envisioning a luxury summer retreat, short-term rental, or legacy lake house, the bones and location are already here. These kinds of lots don't come around often.
Last checked:
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Last updated Apr 19, 2025
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MLS# 25016457 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1920
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Mid-Century Modern
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Foundation Details:None
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Building Features:None
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Window Features:Screens, Insulated Windows
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Patio And Porch Features:Deck, Porch(es)
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Accessibility Features:No
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Direction Faces:None
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Roof:Asphalt
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Stories:2
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Basement:No
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Basement:Partial
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Basement:Yes
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Basement Finished SqFt:653.0
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Common Walls:None
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Building Area Total:1523.0
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Exterior Material -Vinyl Siding:true
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Roofing -Asphalt:true
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Below Grade Finished Area:653.0
Interior
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Rooms Total:10
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Flooring:Engineered Hardwood, Tile
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Total Fireplaces:1.0
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Fireplaces Total:1
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Fireplace:true
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Furnished:None
Room Dimensions
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Living Area:2176.0
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Main Level SqFt:895.0
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Upper Level SqFt:628.0
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Total Lower SqFt:43.0
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Basement SqFt:783.0
Location
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Directions:From I-94, take exit 39 toward Coloma. Head north on N Paw Paw St, then turn left onto Paw Paw Lake Rd. Follow for approx. 2.5 miles, then turn right onto Lakewood Dr. Property will be on the left side near the water.
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Cross Street:Central Ave
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Latitude:42.21073
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Longitude:-86.26383
The Property
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Parcel Number:08-4590-0066-00-2
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Lot Size SqFt:6229.0
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Lot Size Acres:0.14
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Lot Size Area:0.14
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Lot Size Units:Acres
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Topography:None
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Waterfront:true
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View:None
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View:No
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Fencing:Front Yard
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Inclusions:None
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Zoning:None
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Current Use:None
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Possible Use:None
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Frontage Type:None
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Water Access:Yes
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Water Body Name:Paw Paw Lake
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Waterfront:Yes
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Waterfront Features:Lake
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Road Surface Type:Paved
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Road Frontage:40.0
Listing Agent
- Contact info:
- Agent phone:
- (260) 615-9248
- Office phone:
- (219) 200-5133
Taxes
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Tax Year:2024
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Tax Year:2024.0
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Tax Legal Description:Per Title
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Tax Annual Amount:2288.0
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Tax Assessed Value:210357
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Taxable Value:210357.0
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Annual Property Taxes:2288.0
Beds
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Bedrooms Total:4
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Main Bedrooms:1
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Main Level Bedrooms:1
Baths
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Total Baths:3
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Total Baths:2.5
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Partial Baths:None
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Full Baths:1
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Full Baths:2
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Full Baths:1
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Three Quarter Baths:None
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Half Baths:1
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Half Baths:1
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Cooling:Central Air
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Cooling:true
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Heating:true
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Heating:Forced Air
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Heat Type -Forced Air:true
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Heat Source -Natural Gas:true
Utilities
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Utilities:Phone Available, Electricity Available, Cable Available, Natural Gas Connected
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Natural Gas:true
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Central Air:true
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Sewer:Public
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Sewer -Publictrue
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Water Source:Well
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Well:true
Appliances
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Appliances:Dryer, Oven, Refrigerator, Washer
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Refrigerator:true
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Oven:true
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Washer:true
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Dryer:true
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Laundry Features:Main Level
Schools
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Elementary School District:None
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Middle Or Junior School District:None
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High School District:Coloma
The Community
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Senior Community:No
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Pool Private:No
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Association:No
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport Spaces:None
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Parking Total:None
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Parking Features:Garage Faces Front
Monthly cost estimate

Asking price
$750,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,016
|
Taxes | $190 |
Insurance | $206 |
Utilities | $184 See report |
Total | $4,596/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.