Lakefront Luxury on Paw Paw Lake! Little Venice! Waterfront Oasis Over 500 feet of frontage on the iconic Paw Paw Lake channel, affectionately known as Little Venice, this exceptional property offers a rare combination of private serenity, incredible income potential, and unforgettable lakefront living. Currently a high-performing Airbnb/VRBO rental generating over $100,000 annually, this 5-bedroom, 3-bath single-story retreat is perfect for those seeking a personal vacation paradise or an investment opportunity. Property Highlights: ?Prime Location: Situated in Michigan?s beautiful southwest, with direct access to Paw Paw Lake and scenic channel views. ?Spacious Layout: Two king bedrooms (including a master suite with private bath), two queen bedrooms, and a bunk room with two sets of bunk beds ? ideal for family and guests. ?Resort-Style Amenities: Heated seasonal pool (May?Sept), hot tub, and enclosed family room overlooking the water. ?Fully Equipped Kitchen: Designed for entertaining, with all the comforts of home. ?Entertainment-Ready Living Spaces: 70? flat-screen TV, cozy seating areas, and large windows showcasing the natural beauty of the lake. Outdoor & Water Fun: ?24? Pontoon Boat (seasonal) for cruising the lake. ?Kayaks & Paddle Boards for exploring coves and channels. ?All safety gear & life vests included. Additional Features: ?New roof for peace of mind. ?Over 500? of waterfront on the desirable Little Venice channel. ?Proven rental history with impressive income. Whether you?re seeking a dream lake home, a lucrative investment, or both, this property delivers unmatched value, lifestyle, and charm. ? Location: Paw Paw Lake, Michigan ? Income Potential: Over $100,000/year from short-term rentals ? Lifestyle: Swimming, boating, fishing, and breathtaking sunsets Contact us today to schedule a private showing and experience all that this unique waterfront property has to offer!
For sale by owner
$1,100,000
4937 Maple Ct, Coloma, MI 49038
5beds
2,450sqft
Est.:
Unknown
Built in 1955
-- sqft lot
$690,700 Zestimate®
$449/sqft
$-- HOA
What's special
Hot tubHeated seasonal poolEntertainment-ready living spacesPontoon boatKayaks and paddle boardsTwo king bedroomsFully equipped kitchen
- 119 days |
- 391 |
- 9 |
Listed by:
Property Owner (630) 670-6996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Features
- Has fireplace: No
Interior area
- Total interior livable area: 2,450 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
Features
- Exterior features: Other
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.56 Acres
Details
- Parcel number: 0859700003007
Construction
Type & style
- Home type: Unknown
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1955
Community & HOA
Location
- Region: Coloma
Financial & listing details
- Price per square foot: $449/sqft
- Tax assessed value: $694,000
- Annual tax amount: $13,565
- Date on market: 8/15/2025
Estimated market value
$690,700
$594,000 - $808,000
$1,971/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listed for sale | $1,100,000+131.6%$449/sqft |
Source: Owner Report a problem | ||
| 1/27/2023 | Sold | $475,000$194/sqft |
Source: Public Record Report a problem | ||
| 10/20/2022 | Sold | $475,000-4.8%$194/sqft |
Source: | ||
| 8/19/2022 | Pending sale | $499,000$204/sqft |
Source: | ||
| 8/16/2022 | Price change | $499,000-9.3%$204/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,565 +8.9% | $347,000 +7.4% |
| 2024 | $12,459 | $323,200 +21.9% |
| 2023 | -- | $265,100 -12.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,846/mo
Principal & interest
$5517
Property taxes
$944
Home insurance
$385
Climate risks
Neighborhood: 49038
Nearby schools
GreatSchools rating
- 1/10Coloma Elementary SchoolGrades: PK-3Distance: 1.2 mi
- 6/10Coloma Junior High SchoolGrades: 6-8Distance: 2 mi
- 6/10Coloma High SchoolGrades: 9-12Distance: 2 mi
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