Waterfront
Address
40764 62Nd Avenue Paw Paw, MI
Price
$ 799,000
Property Attributes
  • MLS#20019009
  • TypePending
  • CountyVAN BUREN
  • CityPaw Paw
  • AreaPaw Paw Twp
  • NeighborhoodPaw Paw Twp
  • Zip49079
  • StyleBusiness Opportunity
  • Year Built2004
  • Taxes8141
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2652
  • Lot Size9.8 Acres
Listing Provided Courtesy Of:
Suzy Glomski at Gale Realty, LLC - (269) 657-8140
Data Source:
Southwestern Michigan Regional Information Center
Property Description

SINCE THE LATE 1940'S SHANGRI-LA RESORT HAS BEEN WELCOMING RETURNING GUESTS IN 7 SEASONAL CABINS WITH VISTA VIEWS AND 451' OF SANDY FRONTAGE ON THREEMILE LAKE. QUIET, PEACEFUL GETAWAY FOR ALL TO ENJOY WITH INCOME PRODUCING OPPORTUNITY. MAIN HOME FEATURES 2652 SQ FT 4 BED, 3 1/2 BATH FULL WALK OUT WITH MINI-KITCHEN. SOLID HARD WOOD FLOORING, BRIGHT AND OPEN CONCEPT. RESIDE THERE WHILE RUNNING YOUR BUSINESS OR COULD BE USED FOR EVENTS. WOULD MAKE A GREAT CHURCH/ORGANIZATION RETREAT OR FAMILY COMPOUND IN THE COUNTRY. CABINS HAVE THEIR OWN KITCHEN & BATH PLUS A SMALL HOME THAT COULD BE UPDATED FOR MORE RENTAL INCOME. POLE BUILDING FOR ADDITIONAL STORAGE ON PROPERTY. Seller will not make repairs.

Price History
5/29/2020 Listed $880,000
7/7/2020 2% - $870,000
7/29/2020 9% - $799,000

General Features

Additional Features Multi User Facility, Outdoor Storage
Business Includes Furniture, Real Estate
Business Opportunity: Business Name SHANGRI-LA RESORT
Heating Forced Air
Homestead % 100.00
Municipality Paw Paw Twp
New Construction No
Road Frontage 765.00
Roof Composition
School District Paw Paw
Sewer Septic System
Sub-area K85 - Paw Paw Twp Except V
Uses Recreation
Water Well
Water Type Lake

Interior Features

Air Conditioning Central
Heat Source Natural Gas

Exterior Features

Body of Water Threemile Lake
Construction Type Frame/Wood
Driveway Concrete, Gravel, Paved, Unpaved
Exterior Aluminum Siding, Vinyl Siding, Wood Siding
Total # Bldgs 14.00
Water Features All Sports, Private Frontage, Public Access 1 Mile or Less
Water Frontage 451.60

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49079

Price
AVG $260K
$800K
Taxes
AVG $2,850
$8,141
Visits
AVG 40
43
Year Built
AVG 1967
2004

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