4233 N Pheasant Road
Lincoln, Michigan 48742
2
Bed
2
Bath
1,200Sqft
0.40Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Total Rooms: 8Interior Features
Roof: Asphalt Basement Description: Unfinished Fireplace: Yes Appliances: Dryer,Free-Standing Electric Range,Free-Standing Refrigerator,Washer -
Heating & Cooling
Heating: Baseboard Heating Fuel: ElectricFireplace
Living RoomWater Heater
Electric
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Building Information
Year Built: 9999 Building Stories: 1 Story Fireplace: Living Room Roof: Asphalt Foundation/Basement: Basement Architecture: Ranch -
Exterior Features
Tennis Court,Club House,Lighting Construction: Wood -
Utility Features
Sewer: Septic Tank (Existing) -
Water
Well (Existing) Water Heat: Electric
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Lot Information
Lot Size: 0.40 Lot Dimensions: 150x120 Lot Features: Near Golf Course,Wooded Frontage Feet: 150 -
Property Information
SQ ft: 1200 Subdivision: Lost Lake Woods Sub Financing: Cash,Conventional
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Listing Price Information
Original List Price: $100,000 -
Listing Information
Possession: At Close Legal Description: T28N R8E SECS 35&36 LOTS 4, 5 & 6 BLK 38 LOST LAKE WOODS SUB
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Tax Information
Annual Tax: $1,722 Parcel Number: 01342003800500Terms/Deposits/Fees
Assoc Fee Freq: $Monthly -
Possession
At Close -
Legal Information
Legal Description: Section: T28N R8E SECS 35&36 LOTS 4, 5 & 6 BLK 38 LOST LAKE WOODS SUB
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Gravel
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School Information
School District: Alcona -
Fire Place Information
Fire Place: Yes Fire Place Location: Living Room Fire Place Type: Natural -
Utility Information
Water: Well (Existing) Sewer: Septic Tank (Existing)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2596 E Fox Road , Lincoln, MI, 48742 | $149,900 | 3 | 1 | 900 | 900 SqFt |
| 4084 N Weasel Trail , Lincoln, MI, 48742 | $190,000 | 3 | 1 | 910 | 910 SqFt |
| 4284 N Norway Road , Lincoln, MI, 48742 | $169,900 | 2 | 1 | 875 | 875 SqFt |
| 4365 N Norway Road , Lincoln, MI, 48742 | $185,000 | 3 | 2.5 | 1,800 | 1,800 SqFt |
| 4288 N Ash Road , Lincoln, MI, 48742 | $215,000 | 3 | 2 | 1,615 | 1,615 SqFt |
| 4269 N Owl Road , Lincoln, MI, 48742 | $165,000 | 2 | 1 | 1,100 | 1,100 SqFt |
| 4355 Owl Drive , Lincoln, MI, 48742 | $125,000 | 3 | 1 | 1,073 | 1,073 SqFt |
| 4350 N Shrew Road , Lincoln, MI, 48742 | $109,900 | 2 | 1 | 822 | 822 SqFt |
| 4348 N Shrew Road , Lincoln, MI, 48742 | $100,000 | 2 | 1 | 600 | 600 SqFt |
| 4160 N Hawk Road , Lincoln, MI, 48742 | $174,000 | 2 | 1 | 925 | 925 SqFt |
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 07/04/2026 @ 21:52
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