#69025016336, Bryon Farmer, Listing Office: Coldwell Banker Anchor R.E.
6981 Wil-O-Paw Rd Coloma, MI 49038
Property details
About 6981 Wil-O-Paw Rd
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.
Highlights
Summary
- MLS Number: 69025016903
- MLS Name: Southwestern Michigan Association of REALTORS
- Office Name: Ellsbury Commercial Group
- Office Phone: (219) 200-5133
- Listing Agent: Lane Moser
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Last updated on: 4/27/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
6981 Wil-O-Paw Rd
$8,894
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Price information
Property sales
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Tax history
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Nearby schools
6
North Elementary School
Public District 3-5
1.5 mi
•287 W Baldwin Ave
2
Coloma Intermediate School
Public District 4-5
1.6 mi
•274A S West St
3
Coloma Elementary School
Public District PK-3
1.7 mi
•262 S West St
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 $46,429. The most common annual income of people living in Coloma, MI is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 6981 Wil-O-Paw Rd
This home is located at 6981 Wil-O-Paw Rd in Coloma, MI and zip code 49038. This 2,435 square foot home, which was built in 1985, sits on a 0.25 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $749,000.
In March 2025, from all listings sold in Coloma, MI there were more than 1 sold above asking price, over 7 sold below and more than 2 were sold right at the asked price. In March 2025 in Coloma, MI there were 12.5% more homes for sale than in February. The median list price of listings available in March 2025 was $245,000, while the average time on the real estate market was 65 days.