Sold
5615 Benson Terrace, Coloma, MI 49038
Sold on 05/27/2026 for$830,000
MLS # 26021240 (Michigan Regional Information Center (MichRIC))
3 beds1,020 sqftBuilt 19300.31 acres
1 / 17
Listing Description
Wake up to breathtaking sunrise views and experience the best of Southwest Michigan lake living on beautiful Paw Paw Lake. This exceptional vacant lot offers the rare combination of street-level access, a sandy beach shoreline, and a peaceful low-traffic neighborhood -- the perfect setting to build your dream lakefront retreat. With a spacious 2-car garage already in place, you're one step closer to enjoying effortless weekends on the water. Spend your days boating across 900 acres of all-sports lake fun, where sailing, wave running, water skiing, tubing, fishing, and sunset cruises are part of everyday life. Prefer a slower pace? Drop anchor in the bay and float the afternoon away with family and friends. Paw Paw Lake is conveniently located just two hours from Chicago, making it an ideal getaway destination or future year-round home. Cruise by boat to the lake's gas dock, waterfront restaurant, golf course, and charming gazebo for dining and entertainment without ever getting in your
Source: SparkMLS
About this home
This 3-bedroom, 1,020 sq ft home built in 1930 sits in Coloma Township in Coloma.
Final sale price: $830,000 (about $814/sq ft).
Estimated annual property tax: $15,309, or about $1,276 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 Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms0
Living Area1,020 sqft
Lot Size0.31 acres
Year Built1930
Stories2
Location
CityColoma
MunicipalityColoma Twp
Zip Code49038
CountyBerrien
School DistrictColoma
Construction & Systems
StyleTraditional
ConstructionShingle Siding
BasementCrawl Space
Garage2 spaces
HeatingForced Air
WaterWell
SewerPublic
UtilitiesNatural Gas Available, Electricity Available, Cable Available
InteriorBroadband
Sale & Financing
Listed5/9/2026
Sold Date5/26/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$15,309
Tax Year2024
Assessed Value$324,765
Parcel #11-08-4470-0003-00-0
Source: SparkMLS
Legal Description
LOT 3, SUPERVISOR'S PLAT OF LAKE SUBDIVISION AND REPLAT OF LOT 21 AND PART OF LOT 20, PAW PAW LAKEVILLE SURVEY 1071/159
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Patricia Hutchinson
Coldwell Banker Anchor R.E.
Frequently Asked Questions about 5615 Benson Terrace, Coloma, MI 49038
What school district is 5615 Benson Terrace, Coloma, MI 49038 in?
Per MLS# 26021240, this property is served by Coloma. 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# 26021240, 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# 26021240, the most recent reported annual property tax for 5615 Benson Terrace, Coloma, MI 49038 is $15,309 (2024). 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 5615 Benson Terrace, Coloma, MI 49038 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, 5615 Benson Terrace, Coloma, MI 49038 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. 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: Michigan Gas Utilities Corporation. 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 Coloma Twp police department or the Berrien County sheriff's office.
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Monthly payment$5,254
Principal & interest$5,254
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5615 Benson Terrace, Coloma, MI 49038
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Municipality
Coloma Township
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