For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Van Buren 49079
34426 Edgewater Drive
$300,000
● House - Off Market

34426 Edgewater Drive

Paw Paw, MI 49079
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,250 Ft²
$345,919
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

TERRIFIC INVESTMENT OPPORTUNITY WITH POSSIBLE GREAT CASH FLOW AS AN AIRBNB OR SIMPLY A SMALLER FAMILY COMPOUND IS RIGHT HERE! LOCATED ON ALL-SPORTS ACKLEY LAKE, WITH A CONNECTION BY BOAT TO LARGER MAPLE LAKE IN VIBRANT PAW PAW, MI. There are 2 HOMES and a possible 3RD sitting on 166ft of PRIME WATER FRONTAGE! The MAIN HOUSE has 3 bedrooms, 2 full baths, laundry room, living room, large family room, small workshop, natural gas heating and central air. The smaller COTTAGE, has living room, bedroom, kitchen with window A/C and wall furnace. The GARAGE could easily be converted back to a living space as it once had a bedroom, kitchen, full bath and living room. This unique versatile property with many uses is located off I 94 and only  2 1/2 hours from Chicago. SELLING AS IS.
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$151
Property Type
House
Property Taxes
$573
HOA Dues
$2
Year Built
1920

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23007710)

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold
Premium
Sold
Mar 16, 2023 Listed by Cressy & Everett Real Estate $339,995
Listed by Cressy & Everett Real Estate
May 3, 2022 No longer available -
No longer available
Mar 22, 2022 Price Decreased $355,000
↓ $25K (6.6%)
Price Decreased
Mar 16, 2022 Listed by RE/MAX Advantage $380,000
Listed by RE/MAX Advantage
Lake living plus income property( )Year round home.116 Ft of frontage on beautiful all sports Ackley Lake. Amazing view.(channel to Maple Lake).2 Docks. Huge game room/family room. (space heater)Master suite upstairs with large deck over looking the lake.Two additional bedrooms two full baths. Eat in kitchen. First floor laundry. Just minutes from downtown .As Is.. Seller will not do any repairs. The manager has listed the unit size as 2130 square feet.
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,671
  • Building Area: 1,671
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,671
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF OAK WOOD SUBDIVISION
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 607-C1A 1-3-14 867-041 874-385,386 976-92,91 1109-216 1130-982 1141-972 1335-632 LOT 13 AMENDED PLAT OF BLOCK 7 AND PART OF

Neighborhood

  • School District Name: Paw Paw Public School District
  • School Tax School District: PAW PAW
  • Census Tract: 011802

Zoning

  • Zoning: VE

Geography

  • Assessors Map Reference: 607-C1A
  • District: 14
  • Parcel: 80-14-418-001-00
  • Block: 7-8
  • Lot: 13
  • Municipality: PAW PAW TWP
  • Latitude: 42.2343
  • Longitude: -85.8828

    Address

  • Full Address: 34426 Edgewater Dr
  • Address - House Number: 34426
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Paw Paw
  • Carrier Code: R003
  • 4-Digit Zip Code: 9539
  • Zip Code: 49079

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,819
  • Tax Rate Code Area: 80140

    Appraisal Valuation

  • Standard Deviation: 0.1196
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 381,764
  • High Value: 427,443
  • Low Value: 336,084

    Market Valuation

  • Market Total Value: $290,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,000

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3433362
  • Previous Sale Recording Date: Mar 29, 2001
  • Previous Sale Contract Date: Mar 29, 2001
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Van Buren

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$182

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2067 ft²

Average Home Age

60.9 years

Currently For Sale

230 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Dennis Bamber, Cressy & Everett Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23007710
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 34426 Edgewater Drive built and last sold?
The property at 34426 Edgewater Drive was built in 1920 and last sold on Apr 21, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 34426 Edgewater Drive is $0.
What are some comparable homes to 34426 Edgewater Drive?
There are currently no comparable homes to 34426 Edgewater Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Paw Paw Homes for Sale
Paw Paw Houses for Sale
Paw Paw Multifamily for Sale
Paw Paw Land for Sale
Paw Paw Commercial for Sale
Paw Paw Homes with Basements
Paw Paw Homes with Pools
Paw Paw Homes with Parking
Nearby Cities
Mattawan Homes for Sale
Decatur Homes for Sale
Lawton Homes for Sale
Lawrence Homes for Sale
Breedsville Homes for Sale
Nearby Property Records
Van Buren County, MI Property Records
Cass County, MI Property Records
Kalamazoo County, MI Property Records
St. Joseph County, MI Property Records
Allegan County, MI Property Records
Barry County, MI Property Records
Elkhart County, IN Property Records
Berrien County, MI Property Records
Nearby Counties
Antwerp Homes for Sale
Almena Homes for Sale
Lawrence Homes for Sale
Decatur Homes for Sale
Porter Homes for Sale
Waverly Homes for Sale
Arlington Homes for Sale
Hamilton Homes for Sale
Top Real Estate Agents
Top Agents in Paw Paw
Top Agents in 49079
Top Agents in Antwerp
Top Agents in 49071
Top Agents in 49065
Top Agents in Almena
Top Agents in 49045
Top Agents in 49013