Sold
58774 Lakeshore Drive, Colon, MI 49040
Sold on 06/30/2026 for$485,000
MLS # 26024278 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,808 sqftBuilt 19610.3 acres
1 / 22
Listing Description
Elegant lake front home. This home has been loved and cared for by the same family for over 50 years. Situated on the point of all sports Palmer Lake. Beautifully updated home. The kitchen features new granite counters, bamboo flooring, stainless steal appliances. Dining room and living room both have large picture windows with magnificent lake views. Flagstone gas log fireplace makes it extra cozy. Updated bath with new vanity & acacia flooring. Fresh paint and carpet. Walk out lower level has a finished rec room and laundry area, plus, an overhead door allows easy access to store boats, lake toys etc. If desired there is potential for additional living space. Over 100 ft of shoreline. A great swimming beach, hard bottom that gradually gets deeper. A truly lovely lake home ready for you and your family to make new memories
Source: SparkMLS
About this home
3-bedroom, 1-bath, 1,808 sq ft home in Colon built in 1961.
Closed at $485,000 (about $268/sq ft).
Annual property taxes run approximately $1,088 ($91/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
Bedrooms3
Bathrooms1
Living Area1,808 sqft
Lot Size0.3 acres
Year Built1961
Stories1
Location
CityColon
MunicipalityColon Twp
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleRanch
ConstructionWood Siding
BasementDaylight, Full, Walk-Out Access
Garage2 spaces
HeatingForced Air
WaterPrivate Water
SewerSeptic Tank
UtilitiesNatural Gas Connected
InteriorGarage Door Opener, Center Island
Sale & Financing
Listed5/21/2026
Sold Date6/29/2026
Terms AcceptedCash, FHA, VA Loan, Rural Development, Conventional
HOA
HOA Fee$150 / Annually
IncludesElectricity, Cable/Satellite
Source: SparkMLS
Tax Information
Annual Tax$1,088
Tax Year2025
Assessed Value$67,041
Parcel #002-180-257-00
Source: SparkMLS
Legal Description
LOT 257 & 258 SHORE LAND MANOR SEC 14 T6S R9W
Property Records
USDA 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 58774 Lakeshore Drive, Colon, MI 49040
Which school district serves 58774 Lakeshore Drive, Colon, MI 49040?
Per MLS# 26024278, 58774 Lakeshore Drive, 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.
Can I use FHA or VA financing for this property?
Per MLS# 26024278, this listing accepts Cash, FHA, VA Loan, Rural Development, 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 58774 Lakeshore Drive, Colon, MI 49040?
Per public tax records, annual property taxes for this property are $1,088 (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, 58774 Lakeshore Drive, 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.
What utilities serve 58774 Lakeshore Drive, Colon, MI 49040?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Septic Tank. Water: Private Water. 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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Mortgage Calculator
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Monthly payment$3,227
Principal & interest$3,214
HOA$13
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
58774 Lakeshore Drive, Colon, MI 49040
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