For Sale
51479 Summit Street, Paw Paw, MI 49079
$549,500
MLS # 26001168 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,586 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 lake living. 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, main floor 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 when using 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, whole house 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. on the books. Rare opportunity for personal use or investment. Schedule your private showing today
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,586 sq ft home in Paw Paw built in 1955.
Asking $549,500 (about $346/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.
Fiber internet is available at this address with download speeds up to 2,000 Mbps across 8 providers. 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 Area1,586 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
Listed1/9/2026
Original Price$650,000
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,705
Tax Year2025
State Equalized Value$206,000
Taxable Value$179,600
Assessed Value$89,881
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
What school district is 51479 Summit Street, Paw Paw, MI 49079 in?
Per MLS# 26001168, this property is served by Paw Paw. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26001168, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26001168, the most recent reported annual property tax for 51479 Summit Street, Paw Paw, MI 49079 is $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.
Is 51479 Summit Street, Paw Paw, MI 49079 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, 51479 Summit Street, Paw Paw, MI 49079 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.
Is fiber internet available at 51479 Summit Street, Paw Paw, MI 49079?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
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.
How safe is 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.
Internet
FiberDownload
2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
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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