Active

Price cut: $4.1K (4/30)

$394,900

416 W Russell Dr, Coldwater, MI 49036

2beds

960sqft

Est.:

Single Family Residence

Built in 1950

0.27 Acres Lot

$-- Zestimate^®

$411/sqft

$-- HOA

What's special

New wellLakeside escapeCozy inviting interiorFully furnishedNew furnace

Discover the perfect lakeside escape with this charming 2-bedroom, 1-bath cottage on Long Lake, part of the highly sought-after Coldwater Lake Chain of Lakes. This turn-key retreat comes fully furnished and includes a dock and pontoon, making it effortless to start enjoying lake life from day one. Currently operating as a successful AirBNB rental for years, this property offers excellent investment potential, personal enjoyment, or both. Thoughtful updates completed in 2018 include a new well, fully updated interior and kitchen, updated plumbing, and a new furnace, giving peace of mind and year-round comfort. Step inside to a cozy, inviting interior perfect for relaxing after a day on the water. Step outside to enjoy sunrise coffee, sunset cruises, and all the recreation the chain has to offer--from fishing and boating to swimming and more.

18 days

804

25

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Laundry Room, Main Level

Features

Windows: Replacement
Basement: Slab
Has fireplace: No

Interior area

Total structure area: 960
Total interior livable area: 960 sqft

Property

Features

Stories: 1
On waterfront: Yes
Waterfront features: Lake
Body of water: Long Lake

Lot

Size: 0.27 Acres

Details

Parcel number: 110V7000001000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Metal

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Coldwater

Financial & listing details

Price per square foot: $411/sqft
Tax assessed value: $84,594
Annual tax amount: $3,760
Date on market: 4/16/2026
Listing terms: Cash,FHA,VA Loan,USDA Loan,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,253/mo

Price history

Date	Event	Price
4/30/2026	Price change	$394,900-1%$411/sqft
Source: MichRIC #26016024 Report a problem
4/16/2026	Listed for sale	$399,000$416/sqft
Source: MichRIC #26016024 Report a problem
1/5/2026	Listing removed	$399,000$416/sqft
Source: MichRIC #25059817 Report a problem
11/25/2025	Listed for sale	$399,000+625.5%$416/sqft
Source: MichRIC #25059817 Report a problem
2/12/2018	Sold	$55,000-17.3%$57/sqft
Source: MichRIC #17057276 Report a problem
1/17/2018	Price change	$66,500-18.9%$69/sqft
Source: Midwestern Realty Group #17057276 Report a problem
11/28/2017	Listed for sale	$82,000-40.3%$85/sqft
Source: Midwestern Realty Group #17057276 Report a problem
3/4/2017	Listing removed	$137,432+52.7%$143/sqft
Source: Auction.com Report a problem
2/10/2017	Listed for sale	--
Source: Auction.com Report a problem
1/20/2017	Sold	$90,000$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,762	$108,245 +9.2%
2024	--	$99,144 +26.5%
2023	--	$78,371 +4.3%
2022	--	$75,169 +2.2%
2021	--	$73,523 +3.5%
2020	--	$71,052 +1.8%
2019	--	$69,764 +9.3%
2018	--	$63,822 -0.8%
2017	--	$64,315 -0.1%
2016	--	$64,349 +5%
2015	--	$61,286 +4.2%
2014	--	$58,791 +0.5%
2013	--	$58,504 -4.2%
2012	--	$61,076 -0.8%
2011	--	$61,583 -13.9%
2010	--	$71,500