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Land with Home for Sale in Lakewood, Illinois

7517 Pheasant Dr, Lakewood, IL 60014

$549,000
3.25 acres
Active sale
$20k drop
Est $3,981/mo

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.

2,632
Sq feet
3
Beds
2
Full baths
1
1/2 bath
1978
Built

Location

Street address
7517 Pheasant Dr
Zip code
60014
Community
Crystal Lake / Lakewood / Prairie Grove
School district
47
Elevation
903 feet
Coordinates
42.2196, -88.3709

Directions

Ackman rd to Redtail drive north to Bardwell right on Bardwell left on Pheasant

Property details

Acreage
3.254 acres
MLS #
MRED 12604498
Posted

Property taxes

2024
$14,115

Parcels

  • 1812151015

Details and features

Listing

Type
Residential
Franchise
Berkshire Hathaway Home Services

Lot

Waterfront
Yes

Exterior

Parking Spaces
2
Parking
Garage

Structure

Stories
1
Basement
Finished, Partial, Walk-Out Access
Water
Well
Sewer
Septic Tank
Heating
Natural Gas
Cooling
Central Air
Materials
Brick, Wood Siding

Interior

Room Count
8
Rooms
Basement, Bathroom x 3, Bedroom x 3, Dining Room, Family Room, Laundry Room x 2
Appliances
Dishwasher, Double Oven, Microwave, Range, Refrigerator

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameTypeDistrict
West Elementary SchoolElementary47
Richard F Bernotas Middle SchoolMiddle47
Crystal Lake Central High SchoolHigh155

Listing history

DateEventPriceChangeSource
July 9, 2026Price drop$549,000$20,000 -3.5%MRED
June 11, 2026Price drop$569,000$30,900 -5.2%MRED
Apr 21, 2026Price drop$599,900$50,000 -7.7%MRED
Apr 2, 2026New listing$649,900MRED
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This 3.254-acre property is located at 7517 Pheasant Dr in Lakewood, IL 60014. The property is available for sale, priced at $549,000. It has a 2,632 square foot 3-bedroom, 2.5-bath house built in 1978.

Listed by Berkshire Hathaway HomeServices Starck Real Estate, (847) 485-2000

Checked 1 hour agoUpdated Source

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James Pellegrino
Berkshire Hathaway HomeServices Starck Real Estate
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