Just Listed
Address
7976 Central Avenue, Coloma, MI
Price
$ 929,000
Property Attributes
  • MLS#26051176
  • TypeSingle Family
  • Listing Status Active
  • CountyBERRIEN
  • CityColoma
  • AreaColoma Twp
  • NeighborhoodColoma Twp
  • Zip49038
  • StyleTraditional
  • Year Built1920
  • Taxes$ 8247
  • Price$ 929,000
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2992
  • Lot Size1.31 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Primary residence, long-term rental, STR . . . this remarkable 1.3 acre property has it ALL! With deeded access and just steps away from Paw Paw Lake, this spacious corner property originally operated as a hotel. It offers a rare combination of investment potential and personal enjoyment making it an ideal opportunity for those looking to offset ownership costs while building long-term value. The main building includes a beautifully renovated fully-furnished 2-bedroom, 1-bath STR as well as an exceptionally remodeled 8-bedroom, 3.5-bath residence featuring stunning finishes throughout. From the moment you enter, it is clear that every detail has been thoughtfully designed and impeccably completed. In addition to all the amazing renovations, there is a new roof and new gutters in 2025 and a new well pump and new electrical box in 2024. The property also includes three additional residences. One is a gorgeously remodeled and fully furnished 2-bedroom, 1-bath home, while the other is a 1-bedroom, 1-bath unit. Both are currently occupied by month-to-month tenants. Opportunities like this are truly few and far between! A final building is also located on the property but had foundation issues in 2024 (foundation reinforced in 2025) and may not be toured any further than the kitchen for safety reasons.

Price History
9/25/2026 Listed $929,000

General Features

Sewer Public
Heating Baseboard,Hot Water,Radiant
Utilities Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Cable Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Range,Refrigerator,Water Softener Rented
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1920
Stories Count 2
Township Coloma Twp
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake
County Berrien
New Construction No
Property Type Residential
Garage Y/N No
Other Structures Shed(s),Guest House
Total Rooms 17
Full Baths 3
Status Active
Directions Turn at the Bend Bar. Lakewood St to Lakewood Dr to Central Ave.
City Coloma
Body of Water Paw Paw Lake
High School District Coloma
Lot Size Units Acres
Lot Size Square Feet 57064.0
Carport Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 8247.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 177248
MobileHomeRemainsYN No
Legal Description BLK:4,E CITY/MUNI/TWP:COLOMA TWP SPLIT ON 07/19/2022 FROM 08-4600-0167-02-1; THAT PT OF THE HOTEL SITE BLK E SUB OF BLK 4 LAKEWOOD COM AT THE SE COR OF SD MAP REF:015-2
Senior Community None

Interior Features

Interior Amenities Ceiling Fan(s),Guest Quarters,Center Island
Basement Michigan Basement
Flooring Carpet,Tile
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Laundry Features Main Level
Total Bedrooms 8
Below Grade Finished Area 0.0
Main Level Bedrooms 2
Total Baths 4

Exterior Features

Lot Features Corner Lot
Water Source Well
Lot Size Area 1.31
Spa No
Building Area Total 2992.0
Lot Dimensions Irregular
Lot Size Acres 1.31
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
View True
All Sports True

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 49038

Price
AVG $590K
$930K
Taxes
AVG $4,111
$8,247
Year Built
AVG 1966
1920

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