For Sale
59036 Lakeshore Drive, Colon, MI 49040
$338,000
MLS # 26020168 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,850 sqftBuilt 19840.25 acres
1 / 36
Listing Description
Turn Key, 3 bed, 1.5 bath, year round home on All Sports Palmer Lake. Located on 100ft of frontage, 2 car garage, Sandy Beach. Home faces west for amazing Sunsets. Palmer Lake is a 448-acre, all-sports lake just 2.5 hours from Chicago--ideal for boating, fishing, and relaxing. Whether you're looking for a weekend escape or year-round retreat, this home delivers. Boat and Wave Runners available for purchase separately.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,850 sq ft home in Colon built in 1984.
Asking $338,000 (about $183/sq ft).
Annual property taxes run approximately $4,808 ($401/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
Bathrooms2
Living Area1,850 sqft
Lot Size0.25 acres
Year Built1984
Stories1
Location
CityColon
MunicipalityColon Twp
Zip Code49040
CountySt. Joseph
School DistrictColon
Construction & Systems
StyleRanch
ConstructionVinyl Siding
BasementFull, Walk-Out Access
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorCeiling Fan(s)
Sale & Financing
Listed5/5/2026
Original Price$350,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,808
Tax Year2025
Assessed Value$98,856
Parcel #7500218016100
Source: SparkMLS
Legal Description
LOTS 161 & 162 SHORELAND MANOR SEC. 23 T6S R9W.
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 Paul DeLano
Lake Life Realty
Frequently Asked Questions about 59036 Lakeshore Drive, Colon, MI 49040
What school district is 59036 Lakeshore Drive, Colon, MI 49040 in?
Per MLS# 26020168, this property is served by Colon. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 59036 Lakeshore Drive, Colon, MI 49040?
Per MLS# 26020168, 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# 26020168, the most recent reported annual property tax for 59036 Lakeshore Drive, Colon, MI 49040 is $4,808 (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 59036 Lakeshore Drive, Colon, MI 49040 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, 59036 Lakeshore Drive, Colon, MI 49040 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.
Who are the utility providers for this property?
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.
How safe is 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$2,192
Principal & interest$2,192
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
59036 Lakeshore Drive, Colon, MI 49040
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