For Sale
57530 Cool Water Lane, Colon, MI 49040
$629,000
MLS # 26033611 (Michigan Regional Information Center (MichRIC))
4 beds3 baths3,287 sqftBuilt 19972.5 acres
1 / 28
Listing Description
Welcome to this beautiful walkout ranch on all sports Sturgeon Lake! where comfort style and a scenic view all come together. Spacious living room with access to the 4 season sunroom. Dining area features a cozy fireplace, and rich wood floors. Kitchen has ample cabinets and counter space with a breakfast bar. This home is a great place to entertain with spacious rooms, outdoor space on the deck and the stamped concrete patio. Laundry / mud room is just off of the kitchen. 3 bedrooms on the main with an ensuite master. The lower level walkout is complete with a rec room, living room office, enclosed porch and the 1 car attached garage. All of this on 2.5 acres complete with a stocked pond.
Source: SparkMLS
About this home
4-bedroom, 3-bath, 3,287 sq ft home in Colon built in 1997.
Currently offered at $629,000 (about $191/sq ft).
Annual property taxes run approximately $4,900 ($408/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area3,287 sqft
Lot Size2.5 acres
Year Built1997
Stories1
Location
CityColon
MunicipalityColon Twp
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleRanch
ConstructionStone, Vinyl Siding
BasementDaylight, Full, Walk-Out Access
Garage1 space
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorCeiling Fan(s)
Sale & Financing
Listed7/2/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,900
Tax Year2025
Assessed Value$173,009
Parcel #75 002 010 012 55
Source: SparkMLS
Legal Description
COM NLY MOST COR LOT 1 CARPENTER'S SUB SEC 10 T6S R9W TH N 53D 30M 33S E 589.70 FT (REC N 53D 33M E 590 FT) TH S 26D 42M 49S E ALG RAND TRAV LN 195.05 FT TH S 60D 02M 26S W 319.13 FT TH S 32D 19M 43S W 212.71 FT TO C/L ELIZABETH DR TH N 46D 32M W 236.39 FT TO POB ALSO ALL LD LYG BET PCL & STURGEON LK AS BND BY SIDE LOT LNS EXTD 2.5 A M/L (SPLIT FR/002-010-012-50 JUL/03)
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 Mary K Rosenberry
Berkshire Hathaway HomeServices Michigan Real Estate
Frequently Asked Questions about 57530 Cool Water Lane, Colon, MI 49040
Which school district serves 57530 Cool Water Lane, Colon, MI 49040?
Per MLS# 26033611, 57530 Cool Water Lane, Colon, MI 49040 is in the Colon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Colon directly to confirm enrollment eligibility.
What financing options are available for 57530 Cool Water Lane, Colon, MI 49040?
Per MLS# 26033611, this listing accepts Cash, FHA, VA Loan, Rural Development, MSHDA, 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 57530 Cool Water Lane, Colon, MI 49040?
Per public tax records, annual property taxes for this property are $4,900 (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, 57530 Cool Water Lane, Colon, MI 49040 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 57530 Cool Water Lane, Colon, MI 49040 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 57530 Cool Water Lane, Colon, MI 49040?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. 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 Colon Twp police department or the St. Joseph County sheriff's office.
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Monthly payment$4,080
Principal & interest$4,080
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
57530 Cool Water Lane, Colon, MI 49040
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