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.
Sold
$749,000
6981 Wil O Paw Rd, Coloma, MI 49038
5beds
2,435sqft
Single Family Residence
Built in 1985
0.25 Acres Lot
$-- Zestimate®
$308/sqft
$2,895 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,895/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 06:34am
Listed by:
Lane Moser 260-615-9248,
Ellsbury Group
Bought with:
Bryon Farmer, 6501933715
Coldwell Banker Anchor R.E.
Source: MichRIC,MLS#: 25016903
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: Main
Primary bathroom
- Level: Upper
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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Coloma
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $749,000$308/sqft |
Source:  MichRIC #25016903 Report a problem | ||
| 4/28/2025 | Pending sale | $749,000$308/sqft |
Source: MichRIC #25016903 Report a problem | ||
| 4/22/2025 | Listed for sale | $749,000-6.3%$308/sqft |
Source: MichRIC #25016903 Report a problem | ||
| 10/24/2024 | Listing removed | $799,000$328/sqft |
Source: MichRIC #24054332 Report a problem | ||
| 10/15/2024 | Listed for sale | $799,000-3.2%$328/sqft |
Source: MichRIC #24054332 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2021 | -- | -- |
| 2020 | $14 +400.3% | -- |
| 2019 | $3 | -- |
Find assessor info on the county website
Neighborhood: 49038
Nearby schools
GreatSchools rating
- 1/10Coloma Elementary SchoolGrades: PK-3Distance: 1.3 mi
- 6/10Coloma Junior High SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Coloma High SchoolGrades: 9-12Distance: 2 mi
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