Waterfront - Primary on Main
Address
58881 Yeatter Road, Colon, MI
Price
$ 485,000
Property Attributes
- MLS#26036206
- TypeSingle Family
- Listing Status Active
- CountySAINT JOSEPH
- CityColon
- AreaColon Twp
- NeighborhoodColon Twp
- Zip49040
- StyleCraftsman,Ranch
- Year Built1930
- Taxes$ 6667
- Price$ 485,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3576
- Lot Size0.34 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Colon Elementary School | Colon High School | Colon High School |
| Price History | |
|---|---|
| 7/15/2026 | Listed $500,000 |
| 8/13/2026 | 3$485,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Forced Air |
| Cooling | Ductless |
| Utilities | Natural Gas Available,Natural Gas Connected |
| Possession | Close Of Escrow |
| Roof | Asphalt,Shingle |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Garage Spaces | 1.0 |
| Architectural Style | Craftsman,Ranch |
| Construction Materials | Stone,Vinyl Siding |
| Year Built | 1930 |
| Stories Count | 1 |
| Township | Colon Twp |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Private Owned |
| Waterfront Features | Lake |
| County | St. Joseph |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | Yes |
| Garage Y/N | Yes |
| Total Rooms | 13 |
| Full Baths | 3 |
| Status | Active |
| Directions | From US-12 in Burr Oak: Head north on Burr Oak Rd,turn left onto W Palmer Lake Rd,then right onto Yeatter Rd. Property is on the lake side. Alternate Route from Colon: From M-86 in Colon: Turn Sou |
| City | Colon |
| Body of Water | Palmer Lake |
| High School District | Colon |
| Zoning Description | Residential |
| Lot Size Units | Acres |
| Lot Size Square Feet | 14810.0 |
| Carport Y/N | No |
| Listing Terms | Cash,FHA,VA Loan,Rural Development,MSHDA,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 6667.43 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Assessed Value | 140797 |
| MobileHomeRemainsYN | No |
| Legal Description | S 1/2 OF LOT 12 & ALL OF LOT 13 EDGEWOOD BEACH. SEC 14 T6S R9W. |
| Senior Community | None |
Interior Features
| Interior Amenities | Ceiling Fan(s),Broadband,Garage Door Opener,Wet Bar,Center Island,Pantry |
|---|---|
| Basement | Daylight,Full,Walk-Out Access |
| Flooring | Carpet,Ceramic Tile,Tile,Wood |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Window Treatments |
| Fireplace Y/N | No |
| Laundry Features | Electric Dryer Hookup,In Basement,Laundry Room,Washer Hookup |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 1845.0 |
| Main Level Bedrooms | 2 |
| Total Baths | 3 |
| Pantry | True |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Parking Features | Garage Door Opener,Attached |
| Water Source | Well |
| Lot Size Area | 0.34 |
| Spa | No |
| Building Area Total | 1731.0 |
| Lot Dimensions | 96 x 141 x 90 x 165 irregular |
| Lot Size Acres | 0.34 |
| Road Surface Type | Paved |
| Waterfront Y/N | Yes |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Dock | True |
| Private Frontage | True |
| View | True |
| All Sports | True |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 49040
Price
Taxes
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 23, 2026 1:31 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 23, 2026 1:29 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
