4 days on Rocket
$3,681 Closing Credit¹
#62025022386, Liza M Graham, Listing Office: Southern Marsh Realty
$665,000 List price
586 Schaeffer Dr Coldwater, MI 49036
$7,897
Closing credit¹
4 beds
3 full, 2 partial
3,243 sqft
0.5 acres
$205 / sqft
House
Property details
About 586 Schaeffer Dr
Welcome to this beautifully updated 4-bedroom, 5-bathroom home situated along the scenic Sauk River, offering private river frontage and peaceful natural surroundings. With 3 full bathrooms and 2 half baths, this spacious home includes a thoughtfully designed mother-in-law suite addition, perfect for extended family or guests. The suite features its own private entrance, one of the bedrooms, a second kitchen remodeled in 2023 with new countertops added in 2024, a full ensuite bathroom fully renovated in 2023, and an additional half bath, providing a self-contained living space with comfort and privacy.The main dwelling offers spacious vaulted ceilings that create an open and airy atmosphere, a formal dining room ideal for gatherings, and a stunning double-sided gas fireplace that connects the cozy living room with the kitchen, adding warmth and charm to both spaces. The primary bedroom is conveniently located on the main level and features an ensuite bathroom complete with a jetted tub and separate shower. Upstairs, the main dwelling includes two additional bedrooms, one with a walk-in closet, and a well-appointed full bathroom, offering plenty of space for family or guests. The entire home sits on a crawl space and includes recent updates such as a full exterior repaint in 2021, new gutters and garage door in 2023, and a new garage door opener in 2024. Luxury vinyl plank flooring was redone in 2025, giving the home a clean and modern look. A new water softener and water heater were also installed in 2025. For year-round comfort, the home is equipped with two furnaces and two central air conditioning units, ensuring efficient climate control throughout. Additional features include a whole-home generator for peace of mind, an invisible fence system for pets, and a lawn sprinkler system to maintain the beautifully landscaped yard. This home combines modern updates, functional design, and tranquil riverfront living, ready to welcome you home. Call today to schedule your own personal tour!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size3,243 sqft
Lot size0.52 Acres
Year built1992
ParkingAttached, Electric Vehicle Charging Stations, Garage Faces Front, Garage Door Opener, Paved
MLS #62025022546
Attached garage2 spaces
WaterfrontPrivate Water Frontage, River Front, Water Access
FireplaceDen, Living Room
ViewWater
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range, Washer, Water Softener
- Flooring Type: Carpet, Vinyl
- Interior: Jetted Tub, Pantry, Vaulted Ceilings, Window Treatments
- Fireplace: Den, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Electric Vehicle Charging Stations, Garage Faces Front, Garage Door Opener, Paved
- Waterfront: Private Water Frontage, River Front, Water Access
- View: Water
- Exterior: Garden
- Architectural Style: Contemporary
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air
- List Price: $665,000
- Price/SqFt: $205
- Lot: Level
- Directions: US 12 East, right on N Fiske Road, right on Schaeffer Drive to sign on right side.
- Year Built: 1992
- Stories: 2
- Living Area: 3,243 SqFt
- Lot Size: 0.52 Acres
- MLS Number: 62025022546
- MLS Name: Branch County Association of REALTORS
- Office Name: Michigan Top Producers
- Office Phone: (269) 290-0298
- Listing Agent: Grace Roberts Elevate Team
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$665,000
586 Schaeffer Dr
$7,897
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $240,500 | $- |
| 2023 | $214,900 | $- |
| 2022 | $203,200 | $- |
| 2021 | $207,500 | $- |
| 2020 | $99,500 | $- |
| 2019 | $94,200 | $- |
| 2018 | $101,400 | $- |
| 2017 | $100,100 | $- |
History based on county public records data.
Nearby schools
5
Jefferson Elementary School
Public Magnet 2-3
1.6 mi
•15 Vans Ave
3
Jennings Elementary School
Public District PK-5
4.4 mi
•44 E Liberty St
4
Lakeland Elementary School
Public Magnet 4-5
4.6 mi
•519 Otis Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,832. The most common annual income of people living in Coldwater, MI is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
27%
<35k
55%
35k-100k
14%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
27%
Single, No Kids
10%
Single, with Kids
44%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$2,255 Closing Credit¹
#53025008371, Brad Jenkins, Listing Office: CENTURY 21 Affiliated
Frequently asked questions
About 586 Schaeffer Dr
The listing price of 586 Schaeffer Dr property is $665,000.
The property 586 Schaeffer Dr is a house located in Coldwater, Michigan, 49036.
Active Listing: 586 Schaeffer Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 586 Schaeffer Dr are: Jefferson Elementary School (GreatSchools Rating 5/10), Jennings Elementary School (GreatSchools Rating 3/10), Lakeland Elementary School (GreatSchools Rating 4/10), Legg Middle School (GreatSchools Rating 5/10), Quincy Middle School (GreatSchools Rating 5/10), Union City Middle School (GreatSchools Rating 6/10), Pansophia Academy (GreatSchools Rating 3/10), Coldwater High School (GreatSchools Rating 5/10), Quincy High School (GreatSchools Rating 5/10).
The property at 586 Schaeffer Dr has 4 bedrooms and 3 full and 2 half bathrooms.
The property 586 Schaeffer Dr is 3,243 SqFt (source: MLS/tax record).
The year of construction for 586 Schaeffer Dr is 1992.
This home is located at 586 Schaeffer Dr in Coldwater, MI and zip code 49036. This 3,243 square foot home, which was built in 1992, sits on a 0.52 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $665,000.
Over 2 listings were sold over their listed price in April 2025 in Coldwater, MI. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Coldwater, MI increased by 25.6% between March and April 2025. While the average time on the market in April 2025 was 59 days, the median list price was $233,500.
From Rocket Homes Real Estate and based on county public records data.