$749,000

6981 Wil-O-Paw Rd Coloma, MI 49038

$8,894
Closing credit¹
5 beds
3 full, 1 partial
2,435 sqft
0.3 acres
$308 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,435 sqft
Lot size0.25 Acres
Year built1985
ParkingAttached, Concrete
MLS #69025016903
Attached garage2 spaces
WaterfrontLake, Channel, Lake Front, Water Access
FireplaceBedroom, Living Room

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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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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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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view of front of home with an attached garage, driveway, and a front yard

$749,000

6981 Wil-O-Paw Rd

$8,894

closing credit¹

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

34%
<35k
40%
35k-100k
17%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
6%
Single, with Kids
35%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
8%
12-17 yrs old
12%
18-34 yrs old
42%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • RamRam
  • BuickBuick

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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