Experience year-round lakefront living on all-sports Palmer Lake with approximately 90 feet of private frontage, a seawall, private boat launch, and included dock. This fully furnished 4-bedroom, 3-bath Craftsman ranch with a finished walkout basement offers 3,576 finished sq. ft. and currently sleeps 13+ guests. The walkout lower level features a wet bar with sink and full-size refrigerator, creating additional entertaining space. Enjoy sunrise views from the composite deck overlooking the lake. Interior features include a center island kitchen, pantry, snack bar, Whirlpool tub, natural gas, mini-split and central air conditioning, high-speed internet availability, private well, private septic, and an attached garage for storage. Conveniently located just minutes from downtown Colon, this property is ideal as a year-round residence, vacation home, or short-term rental opportunity, where permitted. Includes dock and most furnishings for immediate enjoyment of lake life.
Active
$500,000
58881 Yeatter Rd, Colon, MI 49040
4beds
3,576sqft
Single Family Residence
Built in 1930
0.34 Acres Lot
$474,500 Zestimate®
$140/sqft
$-- HOA
What's special
Attached garage for storageCenter island kitchenIncluded dockFinished walkout basementPrivate boat launchSnack barWalkout lower level
- 39 minutes |
- 33 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Scott A West 269-625-2633,
BHG Connections-Lawton 269-903-6276
Source: MichRIC,MLS#: 26036206
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 2
Heating
- Forced Air
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Basement, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Wet Bar, Center Island, Pantry
- Flooring: Carpet, Ceramic Tile, Tile, Wood
- Windows: Window Treatments
- Basement: Daylight,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 1,731
- Total interior livable area: 3,576 sqft
- Finished area below ground: 1,845
Property
Parking
- Total spaces: 1
- Parking features: Garage Door Opener, Attached
- Garage spaces: 1
Features
- Stories: 1
- Exterior features: Balcony
- On waterfront: Yes
- Waterfront features: Lake
- Body of water: Palmer Lake
Lot
- Size: 0.34 Acres
- Dimensions: 96 x 141 x 90 x 165 irregular
Details
- Parcel number: 00209001200
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Ranch
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Available, Natural Gas Connected
Community & HOA
Location
- Region: Colon
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $140,797
- Annual tax amount: $6,667
- Date on market: 7/15/2026
- Listing terms: Cash,FHA,VA Loan,USDA Loan,MSHDA,Conventional
- Road surface type: Paved
Estimated market value
$474,500
$451,000 - $498,000
$1,688/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Listed for sale | $500,000+127.3%$140/sqft |
Source:  MichRIC #26036206 Report a problem | ||
| 11/6/2009 | Sold | $220,000$62/sqft |
Source: Public Record Report a problem | ||
| 4/14/2009 | Sold | $220,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,486 +4.9% | $220,900 +8% |
| 2024 | $6,180 +4.5% | $204,600 +17.3% |
| 2023 | $5,916 | $174,400 +14.9% |
| 2022 | -- | $151,800 +4.5% |
| 2021 | $5,842 | $145,300 -0.1% |
| 2020 | -- | $145,400 +26.7% |
| 2018 | -- | $114,800 -9.6% |
| 2017 | -- | $127,000 -1.2% |
| 2016 | -- | $128,600 +2.1% |
| 2015 | -- | $125,900 +3.5% |
| 2014 | -- | $121,700 -1.2% |
| 2012 | -- | $123,200 +3.8% |
| 2011 | -- | $118,700 -11.4% |
| 2010 | -- | $134,000 -12.4% |
| 2009 | -- | $152,900 +24.9% |
| 2008 | -- | $122,400 +5% |
| 2007 | -- | $116,600 +55.9% |
| 2006 | -- | $74,800 -3.1% |
| 2005 | -- | $77,200 +10.4% |
| 2004 | -- | $69,900 +5.7% |
| 2003 | -- | $66,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 49040
Nearby schools
GreatSchools rating
- 5/10Colon Elementary SchoolGrades: K-8Distance: 1 mi
- 5/10Colon High SchoolGrades: 6-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Colon Elementary School
- Middle: Colon High School
- High: Colon High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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