$100,000

4233 N Pheasant Rd Lincoln, MI 48742

Estimated payment $901/month

3 Beds
2 Baths
1,400 Sq Ft
$71 Price per Sq Ft

Highlights

  • Wooded Lot
  • Shed
  • Baseboard Heating
  • Laundry Room
  • Ceiling Fan
  • Fenced

About This Home

Cottage with incredible upside—sold as-is. If you are looking for a project with great bones and immediate equity potential, this is it. Remediation from a past plumbing leak has already begun with partial drywall removed, giving you a head start on a clean slate for renovations. Check out the AI-generated design rendering in the photo section of this listing, to visualize the massive potential of this footprint. Key features include a rustic exterior aesthetic, a spacious primary bedroom, a natural fireplace, two full baths, and generous outdoor decking. Perfect for a rehab loan, investor, or dedicated DIYer looking to customize their next Northern Michigan retreat. Exact year built unknown. Sale includes 3 lots on 2 parcel ID#'s. Come join the exceptional lifestyle so many enjoy at Lost Lake Woods Club. A private 10,000-acre recreational community offering championship golf, hunting, five lakes, extensive trail systems, equestrian facilities, shooting sports, tennis, pickleball, and more. Membership information can be found online at the Lost Lake Woods Club website or by calling the Clubhouse office. Per the Seller’s request, one club membership will transfer to the buyer at closing (subject to membership approval from Lost Lake Woods Club).

Listing Agent

Kay Pearson

Real Estate One License #6501231129 Listed on: 07/03/2026

Real Estate One

Co-Listing Agent

Robin Cutler

Real Estate One License #6501296509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 150x120
  • Fenced
  • Wooded Lot

HOA Fees

  • $220 per month

Home Design

  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • Www.Lostlakewoodsclub.Com Association, Phone Number (989) 736-8197
  • Lost Lake Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01342003800500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Lot Details

0.4 Acres

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Year Built: 9999
  • State Equalized Value: 66000.00
  • Entry Location: GroundLevel
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 0.40
  • Co List Office Mls Id: 08114905
  • Co List Office Phone: 2486250200
  • Co List Office Mls Id: 08114905
  • Above Grade Finished Sq Ft: 1400.00
  • Living Area: 1400.00
  • ClassName: Residential
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LivingRoom, WoodBurning

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: WoodSiding
  • Exterior Features: Lighting
  • Road Frontage Type: Gravel
  • Fencing: FencingAllowed
  • Disclosures: TaxesNotHomesteadExempt
  • Home Warranty: No
  • Other Structures: Sheds
  • Roof: Asphalt

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CeilingFans
  • Heating: Baseboard, Electric
  • Sewer: SepticTank
  • Water Heater Fuel: Electric
  • Water Source: Well
  • Laundry Features: LaundryRoom

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 989-736-8197
  • Association Contact: www.lostlakewoodsclub.com

Schools

  • Junior High Dist: Alcona

Lot Info

  • Lot Features: Wooded
  • Lot Dimensions: 150x120
  • Parcel Number: 01342003800500
  • Land Lease Expiration Date: 2027-01-31

Tax Info

  • Tax Amount Summer: 1406.00
  • Tax Amount Winter: 316.00
  • Tax Annual Amount: 1722.00

Multi Family

  • Above Grade Finished Area Units: SquareFeet

Map

Range of Values:

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Value Increase
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Percent Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,723 $70,500 $0 $0
2025 $1,406 $66,000 $0 $0
2024 $1,602 $62,200 $0 $0
2023 $1,243 $48,500 $0 $0
2022 $1,526 $44,600 $0 $0
2021 $1,479 $38,100 $0 $0
2020 $1,460 $37,000 $37,000 $0
2019 $1,397 $39,200 $39,200 $0
2018 $1,411 $39,400 $0 $0
2017 $1,368 $39,400 $0 $0
2016 $1,356 $38,000 $0 $0
2012 -- $35,300 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2026 07/03/26 For Sale $100,000 -- $71 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20261049931

Realcomp

APN: 013-420-038-005-00

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