51479 Summit St, Paw Paw, MI, 49079
About This Home
Welcome to 51479 Summit St on beautiful Ackley Lake. This sandy bottom, all sports 65 acre lake offers excellent fishing, swimming, and peaceful private lake living. Situated on nearly one third acre with 96 feet of clean frontage, this property delivers stunning views and true lakefront living. The home features 3 bedrooms, 2 full baths, main floor laundry, and an open concept great room with gas fireplace overlooking the water. Updated kitchen with granite countertops flows into the dining and living areas. Sleeps 8 when using the pullout sofa. Exterior highlights include deck, stone fire pit, two docks, two piers, private boat launch, and the only permitted boathouse on the lake. Basement storage, whole house generator, and lawn sprinklers add convenience. Minutes from restaurants, wineries, shopping, and medical care. Produces $30-40K per year in rental income with only 2yrs. on the books. Rare opportunity for personal use or investment. Schedule your private showing today
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
- Laundry features: In Basement
Basement
- Basement: Partial
Bathroom1
- Level: Main
- Area: 110
- Dimensions: 10.00 x 11.00
Bathroom1
- Level: Main
- Area: 56
- Dimensions: 7.00 x 8.00
Bathroom2
- Level: Main
- Area: 42
- Dimensions: 7.00 x 6.00
Bedroom2
- Level: Main
- Area: 90
- Dimensions: 10.00 x 9.00
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Features
- Ceiling Fan(s),Pantry
- Number of fireplaces: 1
- Fireplace features: Gas Log,Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,586
- Total interior livable area: 1,586 sqft
Master Bedroom
- Level: Main
- Area: 176
- Dimensions: 16.00 x 11.00
Property
Details
- Parcel number: 801417201300
- Zoning description: 401- Residental
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Lake
- Waterbody name: Ackley Lake
Lot
- Lot size: 10,018 sqft
- Features: Shrubs/Hedges
- Lot size dimensions: 48 x 133 x 96 x 137
Parking
- Total spaces: 2
- Parking features: Detached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Strong Wind
- Tornado
- Cold Wave
- Ice Storm
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Van Buren County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,750 | $33,000 |
| Home Insurance * | $273 | $3,276 |
| Property Taxes | $503 | $6,036 |
| Electricity | $188 | $2,259 |
| Total | $3,714 | $44,568 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Price change | $549,500 |
| 2026-05-04 | Price change | $574,900 |
| 2026-04-14 | Price change | $575,000 |
| 2026-04-13 | Price change | $599,800 |
| 2026-04-07 | Price change | $599,900 |
| 2026-04-01 | Price change | $600,000 |
| 2026-03-23 | Price change | $639,900 |
| 2026-03-05 | Price change | $642,900 |
| 2026-01-10 | Listed for sale | $650,000 |
| 2023-09-15 | Sold | $550,000 |
| 2023-08-29 | Pending sale | $469,900 |
| 2023-08-23 | Price change | $469,900 |
| 2023-08-23 | Price change | $429,900 |
| 2023-08-23 | Listed for sale | $70,000 |
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