Tucked along the peaceful channel of Paw Paw Lake, this 5-bedroom, 3.5-bath home offers the perfect blend of lifestyle and investment. With 2,400 square feet of thoughtfully designed living space, this home is currently operating as a successful short-term rental with nearly $80,000 in revenue for 2024—providing a rare opportunity to own a lake-access home that pays for itself.
Enjoy vaulted ceilings, warm wood finishes, two cozy fireplaces, an enclosed 3-season room, and a large deck overlooking your private canal frontage just steps from the main lake. One of the main-level bedrooms does not include a closet, making it ideal as a guest suite, office, or flex space to suit your needs. Whether you're looking for a second home to enjoy with friends and family or an income-generating vacation rental, this property delivers both. Use it when you want, rent it when you don't. With a proven rental history, desirable lake access, and updated amenities, this home is truly an investment you can enjoy.
For sale
$749,000
6981 Wil O Paw Rd, Coloma, MI 49038
5beds
2,435sqft
Est.:
Single Family Residence
Built in 1985
0.25 Acres Lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Cozy fireplacesDesirable lake accessUpdated amenitiesWarm wood finishesVaulted ceilings
- 3 days
- on Zillow |
- 450 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 07:15am
Listed by:
Lane Moser 260-615-9248,
Ellsbury Commercial Group 219-200-5133
Source: MichRIC,MLS#: 25016903

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Primary bedroom
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Primary bathroom
- Level: Upper
Primary bathroom
- Level: Main
Bathroom 1
- Level: Main
Bathroom 3
- Level: Upper
Den
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Eat-in Kitchen, Pantry
- Flooring: Tile, Wood
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Bedroom, Living Room
Interior area
- Total structure area: 2,435
- Total interior livable area: 2,435 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Scrn Porch
- Waterfront features: Channel, Lake
- Body of water: Paw Paw Lake
Lot
- Size: 0.25 Acres
- Dimensions: 100 x 109
- Features: Corner Lot
Details
- Parcel number: 0859600062010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Coloma
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $404,800
- Annual tax amount: $15,695
- Date on market: 4/22/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
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