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5237 S Chestnut Avenue, Newaygo, MI 49337

Newaygo County

Key Facts

3Beds
2Baths
1,352Sq Ft
1996Year Built
2.50Lot (acres)
2Garage

Description

Prime opportunity awaits with this newly listed, three-bedroom, two-bathroom home situated on a generous 2.5-acre parcel along a paved road, perfect for those seeking space and recreational access. The living room features a cozy wood-burning fireplace and the home is kept warm with propane heat. Outdoor living is easy with two separate decks, and the property boasts excellent storage and workspace options, including a 24 x 24 detached garage and an impressive 40 x 24 pole barn with a dedicated workshop area. Located conveniently near major recreational hotspots like the famous Dragon Trail, the Muskegon River, and Croton Pond, this location is ideal for biking, fishing, and water sports. Please note: This property is priced to reflect necessary repairs, including a new roof, replacement windows, and other items. Due to its condition, this is a cash sale only. Don't miss this chance to acquire a , well-located property with tremendous potential!

Property Information

Property Type

Residential

Sub-Type

Manufactured Home

Style

Ranch

Year Built

1996

Living Area

1,352 sq ft

Lot Size

2.50 acres

Lot Dimensions

330 x 330

Garage Spaces

2

Ownership

Private Owned

Days on Market

178

MLS® Listing#

25061896

Property Features

Interior

Master DownstairsHigh Speed Internet

Appliances

DishwasherDryerRangeRefrigeratorWasherElectric Water Heater

Heating

Forced AirPropane

Fireplace

Wood BurningLiving Room

Basement

Crawl Space

Parking

DetachedGravelUnpaved

Laundry

Gas Dryer HookupIn HallMain LevelWasher Hookup

Patio

CoveredDeck

Lot Features

Wooded

Construction

Vinyl Siding

Roof

Composition

Windows

Skylight(s)Screens

Other Structures

Barn(s)

Utilities

Natural Gas AvailableElectricity AvailableNatural Gas Connected

Sewer

Septic Tank

Water Source

PrivateWell

Schools

District:
Newaygo

Financial Details

HOA

None

Annual Taxes

$1,200

Tax year 2025

Assessed Value

$57,972

Parcel Number

20-03-300-023

Directions

M-37 N to Croton Drive to 56th E to Chestnut N

Affordability Calculator

$29,980

Estimated monthly payment

$798/mo

Principal $119,920 · Est. interest $167,299 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Newaygo, MI

$329,032
Median Listing Price
32
Median Days on Market
1,360
Median Sq Ft
$211
Median Price / Sq Ft
56
Active Listings
  • This home’s price is 54% below the area median.
  • Its price per sq ft is 47% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Newaygo, MI.

Location

Map showing the location of 5237 S Chestnut Avenue, Newaygo, MI 49337

Points of Interest in Newaygo, MI

Showing the Newaygo area map.

Nearby Schools

  • NCDCC

    School · 2.7 mi away

  • Pine Grove Community Church

    School · 4.7 mi away

  • Tri County High School

    Secondary · 8.1 mi away

  • Tri County Middle School

    Secondary · 8.3 mi away

  • Howard City Schools

    School · 8.5 mi away

  • Edgerton Upper Elementary School

    Elementary · 8.6 mi away

  • MacNaughton Elementary School

    Elementary · 8.7 mi away

  • Morley Stanwood Public School

    School · 8.7 mi away

  • Morley Elementary School

    Elementary · 8.7 mi away

  • Newaygo Middle School

    Secondary · 8.9 mi away

  • Newaygo Public Schools

    School · 9.8 mi away

  • Newaygo Elementary School

    Elementary · 9.8 mi away

  • Newaygo Public Schools

    School · 9.9 mi away

  • Newaygo High School

    Secondary · 9.9 mi away

  • Vera Wilsie Elementary School

    Elementary · 10.0 mi away

  • Morley Stanwood Community School

    Secondary · 10.0 mi away

  • Morley Stanwood Elementary School

    Elementary · 10.1 mi away

  • White Cloud High School

    Secondary · 10.7 mi away

  • Jack D Jones Elementary School

    Elementary · 10.7 mi away

  • White Cloud Public Schools

    School · 10.8 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Newaygo

Southwest Michigan Regional Information Center logo

Listing Courtesy: Coldwell Banker Schmidt Fremont - 2319245880

Presented by: Lisa Lightfoot

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by SWMRIC. MLS® Listing#25061896. © 2026EXIT Realty®. All rights reserved.