For Sale
51479 Summit Street, Paw Paw, MI 49079
$549,500
MLS # 26033219 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,455 sqftBuilt 19550.23 acres
1 / 49
Listing Description
Welcome to 51479 Summit St on beautiful Ackley Lake. This sandy bottom, all sports 65 acre lake offers excellent fishing, swimming, and peaceful private lakeliving. Situated on nearly one third acre with 96 feet of clean frontage, this property delivers stunning views and true lakefront living.The home features 3 bedrooms, 2 full baths, mainfloor laundry, and an open concept great room with gas fireplace overlooking the water. Updated kitchen with granite countertops flows into the dining and living areas. Sleeps 8 whenusing the pullout sofa.Exterior highlights include deck, stone fire pit, two docks, two piers, private boat launch, and the only permitted boathouse on the lake. Basement storage, wholehouse generator, and lawn sprinklers add convenience. Minutes from restaurants, wineries, shopping, and medical care. Produces $30-40K per year in rental income with only 2yrs. onthe books. Rare opportunity for personal use or investment. Schedule your private showing today
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,455 sq ft home built in 1955 sits in Paw Paw.
Asking $549,500 (about $378/sq ft).
Annual property taxes run approximately $6,849 ($571/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Indiana Michigan Power Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,455 sqft
Lot Size0.23 acres
Year Built1955
Stories1
Location
CityPaw Paw
MunicipalityPaw Paw Twp
Zip Code49079
CountyVan Buren
School DistrictPaw Paw
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementPartial
Garage2 spaces
HeatingForced Air
WaterWell
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Pantry
Sale & Financing
Listed6/30/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,705
Tax Year2025
State Equalized Value$206,000
Taxable Value$179,600
Assessed Value$190,166
Homestead (PRE)100%
Parcel #80-14-172-013-00
Source: Public Records
Legal Description
524-B 1-3-14 729-156 1247-382 1568-105 1757-211 *** LOTS 13 & 14 BLK 2 FAIRVIEW SUBDIVISION.
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 David Godin
LPT Realty, LLC
Frequently Asked Questions about 51479 Summit Street, Paw Paw, MI 49079
Which school district serves 51479 Summit Street, Paw Paw, MI 49079?
Per MLS# 26033219, 51479 Summit Street, Paw Paw, MI 49079 is in the Paw Paw boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Paw Paw directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26033219, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 51479 Summit Street, Paw Paw, MI 49079?
Per public tax records, annual property taxes for this property are $9,705 (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, 51479 Summit Street, Paw Paw, MI 49079 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 51479 Summit Street, Paw Paw, MI 49079 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 51479 Summit Street, Paw Paw, MI 49079?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Consumers Energy Company. Sewer: Public. Water: Well. 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 Paw Paw Twp police department or the Van Buren County sheriff's office.
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Tax Estimate
$
Annual tax$6,849
Monthly$571
Millage rate33.2493 mills
Municipality: Paw Paw Township
School district: PAW PAW PUBLIC SCHOOL DIST
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$4,135
Principal & interest$3,564
Property taxes$571
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
51479 Summit Street, Paw Paw, MI 49079
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