7517 Pheasant Drive

Lakewood, IL
$ 499,900 Beds 4 Baths 2.5 Sq 2,632
Monthly Estimate* How much can I afford?

A Rare Opportunity on 3.25 Private Acres with Your Own Pond! Discover a property that's increasingly difficult to find-3.25 picturesque acres featuring a private pond, mature trees, and room to enjoy the outdoors in complete privacy, all while remaining close to shopping, dining, and everyday conveniences. Whether you envision peaceful mornings overlooking the water, fishing from your own shoreline, entertaining family and friends, or creating the private estate you've always wanted, this property offers a setting that simply can't be duplicated. The spacious 2,600+ square foot home provides generous living areas, a flexible floor plan, and solid bones, making it the perfect opportunity to update and customize to your own style. Rather than paying a premium for someone else's renovation choices, you'll have the chance to create a home that reflects your vision while enjoying one of the area's most desirable lots. For added peace of mind, the seller is including a comprehensive one-year whole-home warranty, helping protect many major systems and appliances after closing. Properties with acreage, water frontage, and this level of privacy rarely become available in Lakewood. If you've been searching for a home where the land is every bit as impressive as the house, this is your chance to create something truly special. Bring your ideas, your vision, and imagine the possibilities. Opportunities like this don't come along often.

Active

  • Price
  • $ 499,900
  • City
  • Lakewood
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MCHENRY
  • Half Bathrooms
  • 1
  • Area
  • Crystal Lake - Lakewood - Prairie Grove
  • Lot Size
  • Zip
  • 60014
  • Sqr Footage
  • 2,632
  • Year Built
  • 1978
  • Taxes
  • $ 14115
  • Style
  • MLS#
  • 12604498
Listed By: Berkshire Hathaway HomeServices Starck Real Estate
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 2632
Sewer Septic Tank
Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances Double Oven,Range,Microwave,Dishwasher,Refrigerator
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick,Wood Siding
Year Built 1978
Township Grafton
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County McHenry
New Construction No
Property Type Residential
Total Rooms 8
Full Baths 2
Status Active
Directions Ackman rd to Redtail drive north to Bardwell right on Bardwell left on Pheasant
High School Crystal Lake Central High School
City Lakewood
High School District 155
MLS Area Crystal Lake / Lakewood / Prairie Grove
Elementary School West Elementary School
Tax Annual Amount 14115
Middle/Junior High School Richard F Bernotas Middle School
Standard Status Active
Middle/Junior School District 47
Elementary School District 47
Property Type Detached Single

Interior Features

Basement Finished,Partial,Walk-Out Access
Half Baths 1
Total Bedrooms 3
Room Type No additional rooms
LivingAreaSource Estimated
Total Baths 3
Bedrooms Possible 4

Exterior Features

Parking Features Yes,Attached,Garage
Water Source Well
Total Parking 2
Lot Dimensions 3.25
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Park Ridge, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School West Elementary School
Middle School Richard F Bernotas Middle School
High School Crystal Lake Central High School

Price History

4/2/2026 Listed $649,900
4/21/2026 8% - $599,900
6/11/2026 6% - $569,000
7/8/2026 4% - $549,000
9/4/2026 9% - $499,900

Property vs Zip Code Average in 60014

Price
AVG $540K
$500K
Taxes
AVG $7,384
$14,115
Year Built
AVG 1982
1978
Visits
AVG 175
356
Data Provided by Inside Real Estate®

Areas That We Cover

7517 Pheasant Drive Lakewood, IL is a Single Family Home for sale at $499900 with 2632 sqft and a lot size of Acre(s). 7517 Pheasant Drive Lakewood has 4 bedrooms, 2 baths and was built in 1978. The property's zip code is 60014 which is in Lakewood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.