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Price cut: $25K (6/28)

$525,000

59155 Yeatter Rd, Colon, MI 49040

3beds

1,600sqft

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Single Family Residence

Built in 1930

1.5 Acres Lot

$492,000 Zestimate^®

$328/sqft

$-- HOA

What's special

Large pole barnNewer aluminum dockDirect lake accessStunning water views

Welcome to Palmer Lake! This charming 3-bedroom, 1.5- bath home offers 90 feet of beautiful lake frontage and sits on a total of 1.5 acres. Enjoy stunning water views, direct lake access and plenty of space for recreation and storage. The property features an attached 1-car garage plus a large pole barn located across the street from the home and lake- perfect for storing boats, vehicles, and outdoor equipment. This move-in-ready lake retreat includes a pontoon boat and a newer aluminum dock, making it easy to start enjoying lake life right away. Additional updates include a new roof installed in 2023. Whether you're looking for a year-round residence or weekend getaway, this Palmer Lake property offers the perfect blend of comfort, connivence, and waterfront living. DONT WAIT! Call today!!

33 days

1,146

43

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Primary bathroom

Level: Main

Dining area

Level: Main

Kitchen

Level: Main

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Included: Dryer, Range, Refrigerator, Washer
Laundry: Main Level

Features

Basement: Michigan Basement
Has fireplace: No

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached
Garage spaces: 1

Features

Stories: 2
On waterfront: Yes
Waterfront features: Lake
Body of water: Palmer Lake

Lot

Size: 1.5 Acres

Details

Additional structures: Pole Barn
Parcel number: 00225002300

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Colon

Financial & listing details

Price per square foot: $328/sqft
Tax assessed value: $60,191
Annual tax amount: $1,865
Date on market: 6/7/2026
Listing terms: Cash,FHA,VA Loan,Conventional
Road surface type: Paved

Estimated market value

$492,000

$467,000 - $517,000

$1,827/mo

Price history

Date	Event	Price
6/28/2026	Price change	$525,000-4.5%$328/sqft
Source: MichRIC #26027686 Report a problem
6/7/2026	Listed for sale	$550,000+45.1%$344/sqft
Source: MichRIC #26027686 Report a problem
11/1/2017	Listing removed	$379,000$237/sqft
Source: RE/MAX Elite Group #17032037 Report a problem
10/13/2017	Pending sale	$379,000$237/sqft
Source: RE/MAX Elite Group #17032037 Report a problem
7/11/2017	Price change	$379,000-2.6%$237/sqft
Source: RE/MAX Elite Group #17032037 Report a problem
6/30/2017	Listed for sale	$389,000$243/sqft
Source: RE/MAX Elite Group #17032037 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,848 +4.6%	$143,500 +8.1%
2024	$1,766 +6.5%	$132,800 +17.2%
2023	$1,658	$113,300 +14.2%
2022	--	$99,200 +4.1%
2021	$1,697	$95,300 -0.1%
2020	--	$95,400 +22.8%
2018	--	$77,700 -10.3%
2017	--	$86,600 -1%
2016	--	$87,500 +2%
2015	--	$85,800 +3%
2014	--	$83,300 +1.8%
2012	--	$81,800 +3.8%
2011	--	$78,800 -11.1%
2010	--	$88,600 -17.8%
2009	--	$107,800 +26.8%
2008	--	$85,000 +4.4%
2007	--	$81,400 -0.4%
2006	--	$81,700 +6.1%
2005	--	$77,000 +14.1%
2004	--	$67,500 +4.3%
2003	--	$64,700

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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