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58560 Willow Drive, Colon, MI 49040

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For Sale

$450,000

2 beds • 1 baths • 1 half baths • 1,328 sqft

Estimated Payment

$ 2,607 /mo. †

6.85% APR for 30 yrs.
$2,976 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $338.86
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

Welcome to your lakeside retreat on Palmer Lake! Built in 2010, this charming 2-bedroom, 1.5-bath home offers modern comforts and beautiful views. Nestled on a sprawling 444-acre all-sports lake, this property includes a spacious lot and a garage across the street, ensuring ample parking for you and your guests. Enjoy serene sunsets and the beauty of nature from the cozy three-season room, perfect for relaxing after a day of boating or fishing. Don't miss the opportunity to own your own slice of paradise on Palmer Lake!
MLS# 25003370

Courtesy Of The Lake Life Realty Group
69150 Sunset Blvd, Union, MI
(269) 445-8877

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Patio, Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.23 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 58560 Willow Drive, Colon, MI 49040

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(269) 888-1900
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,359
  • Property Taxes
    $248
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,607

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Colon Elementary School

Grades KG-5 Public School

Colon, MI 49040 0.8 miles
328 e state st

220 total students
13:1 Student teacher ratio

School Rating: D-

School Details

Leonidas School

Grades KG-8 Public School

Leonidas, MI 49066 5.4 miles
30945 church st

30 total students
13:1 Student teacher ratio

School Details

Colon High School

Grades 9-12 Public School

Colon, MI 49040 0.9 miles
400 dallas st

264 total students
20:1 Student teacher ratio

School Rating: C-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Colon, MI 49040

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Colon, MI 49040

This community’s employment is highest in the production occupations and food industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
16° January
Coldest Average Month
1,274 Total Households in Area
1.1% Increase in population since the year 2010
27.3%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Colon, MI 49040

Colon, MI 49040 has a population of 3,195 people in 1,274 households with a median age of 41.1 years old.

1.1%
Increase in population
since the year 2010
Population is Trending up
1,242
Total households as of 2010
2.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.1 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 2%
Black <1%
Other <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 2%, Black at <1%, and Other at <1%.

Economics
for Colon, MI 49040

86 /sq mi
Population Density
$58,482 /yr
Median Household Income
$167,500
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 25.04% of the households.

Transportation to Work

  • Drive 76%
  • Walk or Bike 19%
  • Work from Home 5%
  • Public Transit 1%

Occupancy by Type

Owned 1,038 62%
Vacant 393 24%
Rented 236 14%

White vs Blue Collar Jobs







Blue Collar 55%
White Collar 45%

Family & Education Facts
for Colon, MI 49040

41.1 Median Age

Average Household Size

2.5
persons per
household

50.3%

Married Households

Community Population By Education

High School Graduate 33%
Some High School 24%
Some College 19%
Bachelors Degree 9%
Associates Degree 8%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.87% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
27.3% of households have children

Weather
for Colon, MI 49040

The weather for this area ranges from a high of 84° F in July to a low of 16° F in January

84° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
32°
Feb
18°
35°
Mar
26°
45°
Apr
37°
59°
May
47°
71°
Jun
57°
80°
Jul
61°
84°
Aug
59°
82°
Sep
52°
75°
Oct
41°
63°
Nov
32°
48°
Dec
21°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Colon, MI 49040!
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Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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