For Sale
4233 N Pheasant Road, Lincoln, MI 48742
$100,000
MLS # 20261049931 (Realcomp)
3 beds2 baths1,400 sqftBuilt 99990.4 acres
1 / 27
Listing Description
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).
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,400 sq ft home built in 9999 sits in Lincoln.
Asking $100,000 (about $71/sq ft).
Estimated annual property tax: $1,722, or about $144 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 Area1,400 sqft
Lot Size0.4 acres
Year Built9999
Stories1
Location
CityLincoln
MunicipalityAlcona
Zip Code48742
CountyAlcona
School DistrictAlcona
Construction & Systems
ConstructionWood Siding
HeatingBaseboard
WaterWell
SewerSeptic Tank
Sale & Financing
Listed7/2/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$220 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$1,722
Parcel #01342003800500
Source: SparkMLS
Legal Description
T28N R8E SECS 35&36 LOTS 4, 5 & 6 BLK 38 LOST LAKE WOODS SUB
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 4233 N Pheasant Road, Lincoln, MI 48742
What school district is 4233 N Pheasant Road, Lincoln, MI 48742 in?
Per MLS# 20261049931, this property is served by Alcona. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 4233 N Pheasant Road, Lincoln, MI 48742?
Per MLS# 20261049931, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261049931, the most recent reported annual property tax for 4233 N Pheasant Road, Lincoln, MI 48742 is $1,722. 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.
Is 4233 N Pheasant Road, Lincoln, MI 48742 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4233 N Pheasant Road, Lincoln, MI 48742 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is 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$869
Principal & interest$649
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
4233 N Pheasant Road, Lincoln, MI 48742
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