5505 Lakewood Drive
Coloma, MI 49038
Map
- 4 beds
- 3 baths
- 2,306 sqft
- 6,229 sqft lot
- $314 per sqft
- 1920 build
- – on site
Lakefront on Paw Paw!This 4-bed, 2.5-bath home sits on 40 feet of direct frontage on one of Southwest Michigan's most desirable all-sports lakes. With 1,566 sq ft above grade and another 783 sq ft in the basement, there's plenty of space and tons of potential.The main living area opens up to incredible lake views and walks right out to a large back deck just steps from the water and your private dock. The setting is what really makes this place -- quiet mornings on the deck, afternoons out on the boat, and sunsets with friends. It's exactly the kind of lifestyle people think of when they picture Paw Paw Lake.The house is solid and totally usable as-is, but it's also a blank slate for someone looking to update it and make it their own.Whether you're after a high-end summer spot, a short-term rental play, or a long-term family lake house you're starting with great bones and a prime lot. These don't hit the market often.
Last checked:
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Checking…
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Last updated Jul 2, 2025
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MLS# 69025028354 —
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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Construction Materials:VinylSiding
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Architectural Style:MidCenturyModern
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Roof:Asphalt
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Stories:2
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Basement:Full, WalkOutAccess
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Basement:true
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Foundation Details:Basement
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Exterior Features:Garden
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Window Features:InsulatedWindows
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Patio And Porch Features:Patio, Porch
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Above Grade Finished Area:1523.0
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Below Grade Total Area:43
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Below Grade Finished Area:783.0
Interior
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Flooring:Carpet, Tile, Wood
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Laundry Features:LaundryRoom, MainLevel
Room Dimensions
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Living Area:2306.0
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Living Area Units:SquareFeet
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Living Area Source:Measured
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:42.211229
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Longitude:-86.263136
The Property
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Parcel Number:0845900066002
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Lot Size Acres:0.14
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Lot Size Area:6229.0
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Lot Size Dimensions:40x156
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Lot Size Units:SquareFeet
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Fencing:BackYard, ChainLink
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Water Frontage Feet:40.0
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Waterfront Features:AllSportsLake, LakeFront, WaterAccessRights
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Water Body Name:Paw Paw Lake
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Road Frontage Feet:40
Listing Agent
- Contact info:
- Agent phone:
- (260) 615-9248
- Office phone:
- (219) 200-5133
Taxes
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Tax Legal Description:Per Title
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Tax Assessed Value:210357
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Tax Annual Amount:2288.0
Beds
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Total Bedrooms:4
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Utilities:NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Well
Appliances
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Appliances:Dryer, Oven, Refrigerator, Washer
Schools
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High School District:Coloma
The Community
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Waterfront:true
Parking
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Garage:true
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Garage Spaces:2.0
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Parking Features:Concrete, Detached
IDX provided courtesy of Realcomp II Ltd., via Estately and Southwestern Michigan Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$725,000
| 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. |
$3,882
|
| Taxes | $190 |
| Insurance | $199 |
| Utilities | $210 See report |
| Total | $4,481/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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/13/25
Jun 13, 2025
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Listed / Active | REALCOMP | $725,000 |
