Under Contract
12135 Margaret Drive, Fenton, MI 48430
$1,100,000
MLS # 26025726 (Michigan Regional Information Center (MichRIC))
3 beds3 baths2,592 sqftBuilt 20230.1 acres
1 / 55
Listing Description
Experience effortless Lake Fenton living in this 2023 new construction smart-home, offering 4 bed, 3 ba, and 2,600 sqft of finished living space. This maintenance-free home is built for efficiency and comfort. Highest full-home utility bill reported at $175, delivering impressively low operating costs. Designed w. adv. energy-saving features, a blower-door rating of 2, an energy exchange, radiant floor heat, high-efficiency mini-splits, Insta-hot hot water, and three-zone climate control allows for customized comfort. Main living area offers a welcoming, modern feel with an electric fireplace, hardwired surround sound, w. natural light and views of waterfront throughout. Hardwired Lorex cloud video surveillance system & Eufy for all smart electronics. Main floor primary suite w. walk-in closet and full bath. Metal roof, fiber cement siding and liftetime paint make this home maintenance free. Addt'l highlights incl heated oversized 2-car garage w. built-in shelving, and so much more!
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,592 sq ft home built in 2023 sits in Fenton.
Listed at $1,100,000 (about $424/sq ft).
Property tax estimate: $9,685 per year ($807/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,592 sqft
Lot Size0.1 acres
Year Built2023
Stories1
Location
CityFenton
MunicipalityFenton Twp
Zip Code48430
CountyGenesee
School DistrictLake Fenton
Construction & Systems
StyleContemporary
ConstructionOther
BasementDaylight
Garage2 spaces
HeatingRadiant
WaterWell
InteriorCenter Island, Pantry
Sale & Financing
Listed5/30/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$9,685
Tax Year2025
Assessed Value$315,917
Parcel #06-11-501-071
Source: SparkMLS
Legal Description
LOT 71 SHOREACRES HOMESITES
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jennifer Lasco
Lasco Real Estate Group
Frequently Asked Questions about 12135 Margaret Drive, Fenton, MI 48430
Which school district serves 12135 Margaret Drive, Fenton, MI 48430?
Per MLS# 26025726, 12135 Margaret Drive, Fenton, MI 48430 is in the Lake Fenton boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lake Fenton directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26025726, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 12135 Margaret Drive, Fenton, MI 48430?
Per public tax records, annual property taxes for this property are $9,685 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 12135 Margaret Drive, Fenton, MI 48430 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 12135 Margaret Drive, Fenton, MI 48430 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 12135 Margaret Drive, Fenton, MI 48430?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Fenton Twp police department or the Genesee County sheriff's office.
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Monthly payment$7,135
Principal & interest$7,135
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12135 Margaret Drive, Fenton, MI 48430
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County
Oakland County
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