For Sale
50306 Pleasant Street, Dowagiac, MI 49047
$489,900
MLS # 26013130 (Michigan Regional Information Center (MichRIC))
4 beds3 baths2,014 sqftBuilt 20220.21 acres
1 / 55
Listing Description
This spacious home, new in 2022, offers access to Magician Lake and is situated in the highly desirable Rainbow Park area. With its generous living space and prime location, the property provides an opportunity for those seeking comfort and convenience near the water. The wonderful corner lot enhances the property's appeal with close access to recreational amenities, partial lake views and spectacular sunsets. Just down the street, residents can enjoy an association pier, designated boat slots, and a picnic area ideal for gatherings. This lake home is especially attractive at an affordable price. A fireplace in the living room and there is a family room. The kitchen is designed with an eat-in bar, a butcher block island, and a dedicated dining space. There are two primary en suite bedrooms, for privacy. In total, four bedrooms and three full baths. The property includes patios and decks on the front, back, and side, featuring a pergola for shaded outdoor relaxation. Two car garage.
Source: SparkMLS
About this home
4-bedroom, 3-bath, 2,014 sq ft home in Dowagiac built in 2022.
Listed at $489,900 (about $243/sq ft).
Estimated annual property tax: $5,004, or about $417 monthly. 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 Area2,014 sqft
Lot Size0.21 acres
Year Built2022
Stories1
Location
CityDowagiac
MunicipalitySilver Creek Twp
Zip Code49047
CountyCass
School DistrictDowagiac
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementSlab
Garage2 spaces
HeatingForced Air
WaterWell
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Pantry
Sale & Financing
Listed4/1/2026
Original Price$499,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,004
Tax Year2025
Assessed Value$183,585
Parcel #14-130-305-084-00
Source: SparkMLS
Legal Description
3721011 1508 5S-16W LOT 84 RAINBOW PARK.
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 Tim Mitchell
Cressy & Everett Real Estate
Frequently Asked Questions about 50306 Pleasant Street, Dowagiac, MI 49047
What school district is 50306 Pleasant Street, Dowagiac, MI 49047 in?
Per MLS# 26013130, this property is served by Dowagiac. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 50306 Pleasant Street, Dowagiac, MI 49047?
Per MLS# 26013130, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26013130, the most recent reported annual property tax for 50306 Pleasant Street, Dowagiac, MI 49047 is $5,004 (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.
Is 50306 Pleasant Street, Dowagiac, MI 49047 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 50306 Pleasant Street, Dowagiac, MI 49047 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas Company. Sewer: Public. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Silver Creek Twp police department or the Cass County sheriff's office.
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Monthly payment$3,177
Principal & interest$3,177
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
50306 Pleasant Street, Dowagiac, MI 49047
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