
5237 S Chestnut Avenue, Newaygo, MI 49337
Newaygo County
Key Facts
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
Appliances
Heating
Fireplace
Basement
Parking
Laundry
Patio
Lot Features
Construction
Roof
Windows
Other Structures
Utilities
Sewer
Water Source
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
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
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 530 E Rainbow Road, Newaygo City, MI | $105,000 | 3 | 2 | 1,173 |
| 530 E Rainbow Road, Newaygo, MI | $105,000 | 3 | 2 | 1,173 |
| 4855 Juniper Avenue, Newaygo, MI | $140,000 | 2 | 2 | 1,220 |
| 37 E Jefferson Street, Newaygo, MI | $165,000 | 2 | 1 | 862 |
| 37 E Jefferson Street, Newaygo City, MI | $165,000 | 2 | 1 | 862 |
| 5932 E Partridge Lane, Newaygo, MI | $165,000 | 3 | 2 | 1,198 |
Moving Cost Estimate
EXIT Agents in Newaygo
Listing Courtesy: Coldwell Banker Schmidt Fremont - 2319245880
Presented by: Lisa Lightfoot














