For Sale
21557 Lake Street, Cassopolis, MI 49031
$849,000
MLS # 26027159 (Michigan Regional Information Center (MichRIC))
4 beds3 baths2,016 sqftBuilt 19700.19 acres
1 / 32
Listing Description
Turn-key waterfront living on Diamond Bay at the beautiful Diamond Lake in Cassopolis, MI! This updated 4-bedroom, 3-bath home offers the perfect combination of personal getaway and investment opportunity. Enjoy sandy beach frontage, ideal for swimming, boating, and relaxing lake days. The home features spacious living areas, updated finishes, and comes fully furnished, making it ready to enjoy from day one. With a proven history as a successful short-term rental, this property offers excellent income potential while still serving as the perfect lake retreat for family and friends. Whether you're looking for a weekend escape, a full-time lake home, or a high-demand vacation rental, this Diamond Bay property delivers location, lifestyle, and opportunity in one of Enjoy the new back deck while taking in one of Southwest Michigan's most desirable lake communities.
Source: SparkMLS
About this home
This 4-bedroom, 3-bath, 2,016 sq ft home built in 1970 sits in Cassopolis.
Asking $849,000 (about $421/sq ft).
Annual property taxes run approximately $10,172 ($848/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,016 sqft
Lot Size0.19 acres
Year Built1970
Stories1
Location
CityCassopolis
MunicipalityCalvin Twp
Zip Code49031
CountyCass
School DistrictCassopolis
Construction & Systems
StyleRanch
ConstructionWood Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Eat-in Kitchen, Pantry
Sale & Financing
Listed6/3/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$10,172
Tax Year2025
Assessed Value$333,600
Parcel #14-010-170-011-00
Source: SparkMLS
Legal Description
710 LOT 11 DIAMOND VIEW
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Catherine Waggoner
CK Home Group
Frequently Asked Questions about 21557 Lake Street, Cassopolis, MI 49031
Which school district serves 21557 Lake Street, Cassopolis, MI 49031?
Per MLS# 26027159, 21557 Lake Street, Cassopolis, MI 49031 is in the Cassopolis boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Cassopolis directly to confirm enrollment eligibility.
What financing options are available for 21557 Lake Street, Cassopolis, MI 49031?
Per MLS# 26027159, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 21557 Lake Street, Cassopolis, MI 49031?
Per public tax records, annual property taxes for this property are $10,172 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 21557 Lake Street, Cassopolis, MI 49031 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 21557 Lake Street, Cassopolis, MI 49031 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 21557 Lake Street, Cassopolis, MI 49031?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Calvin Twp police department or the Cass County sheriff's office.
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Monthly payment$5,507
Principal & interest$5,507
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
21557 Lake Street, Cassopolis, MI 49031
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