Pending
4092 N Pheasant Road, Lincoln, MI 48742
$250,000
MLS # 20261045586 (Realcomp)
3 beds2 baths1,878 sqftBuilt 19880.41 acres
1 / 45
Listing Description
1 1/2 Story Home, nearly 1,900 sq. ft. of finished above-grade living space in the sought-after Lost Lake Woods Club. Pride of ownership is evident throughout, with numerous updates and improvements completed over the past 10 years. Highlights include solid oak hardwood flooring with distinctive grooves, an updated main bath, roof and gutters, wood-burning fireplace, composite decking, and much more. A complete list of updates and improvements is available within the Seller's Disclosure documents. The spacious floor plan features two door walls leading to the newer composite deck, creating excellent indoor-outdoor living space. The main floor primary suite offers "his and hers" closets, while the garage setup provides room for every hobby and vehicle enthusiast. In addition to the attached garage, the expanded 28' x 28' detached heated garage for year-round use—his garage, her garage, and space left over for all the toys. Road-to-road ownership provides added privacy and accessibility. The impeccable maintenance of this home allows the next owner to move in with confidence. 3rd bedroom currently used as office, yet there is a murphy bed in that room for those extra guests. 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 application information is included in the additional documents, or contact the listing agent for details regarding the amenities and membership process. Per the Seller’s request, one club membership will transfer to the buyer at closing (subject to membership approval from Lost Lake Woods Club).
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,878 sq ft home built in 1988 sits in Lincoln.
Listed at $250,000 (about $133/sq ft).
Estimated annual property tax: $1,759, or about $147 monthly. 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; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,878 sqft
Lot Size0.41 acres
Year Built1988
Stories2
Location
CityLincoln
MunicipalityAlcona
Zip Code48742
CountyAlcona
School DistrictAlcona
Construction & Systems
ConstructionWood Siding
Garage2.5 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorWhirlpool Tub
Sale & Financing
Listed6/15/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$220 / Monthly
IncludesSnow Removal
Source: SparkMLS
Tax Information
Annual Tax$1,759
Parcel #01342003103900
Source: SparkMLS
Legal Description
T28N R8E SECS 35&36 LOTS 39, 40 & 19 BLK 31 LOST LAKE WOODS SUB. S218-709
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 Kay Pearson
Real Estate One
Frequently Asked Questions about 4092 N Pheasant Road, Lincoln, MI 48742
Which school district serves 4092 N Pheasant Road, Lincoln, MI 48742?
Per MLS# 20261045586, 4092 N Pheasant Road, Lincoln, MI 48742 is in the Alcona boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Alcona directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261045586, this listing accepts Cash, Conventional, FHA, VA Loan 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 4092 N Pheasant Road, Lincoln, MI 48742?
Per public tax records, annual property taxes for this property are $1,759. 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, 4092 N Pheasant Road, Lincoln, MI 48742 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 4092 N Pheasant Road, Lincoln, MI 48742 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 4092 N Pheasant Road, Lincoln, MI 48742?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Septic Tank. 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 Alcona police department or the Alcona County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$1,841
Principal & interest$1,621
HOA$220
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4092 N Pheasant Road, Lincoln, MI 48742
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