7517 Pheasant Drive
Lakewood, IL, 60014
$499,900
3 Beds
3 Baths
2,632 SqFt
0 Acres
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MLS #MRD12604498 image #0
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.

Property Details

Price:
$499,900
MLS #:
MRD12604498
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Neighborhood:
crystallakelakewoodprairiegrove
Listed Date:
Apr 1, 2026
Finished Sq Ft:
2,632
Year Built:
1978
WaterfrontCrystal Lake / Lakewood / Prairie GroveCrystallakelakewoodprairiegroveWest Elementary SchoolRichard F Bernotas Middle SchoolCrystal Lake Central High School

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Schools

School District:
155
Elementary School:
West Elementary School
Middle School:
Richard F Bernotas Middle School
High School:
Crystal Lake Central High School

Interior

Appliances
Double Oven, Range, Microwave, Dishwasher, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Natural Gas

Exterior

Construction Materials
Brick, Wood Siding
Garage Spaces
2
Parking Features
Yes, Attached, Garage
Parking Spots
2
Parking Total
2

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$14,115

Map

Community

Market Summary

Current real estate data for Single Family in Lakewood as of Oct 05, 2026
20
Single Family Listed
193
Avg DOM
273
Avg $ / SqFt
$750,226
Avg List Price

Property Summary

    7517 Pheasant Drive Lakewood IL is a Single Family for sale in Lakewood, IL, 60014. It is listed for $499,900 and features 3 beds, 3 baths, and has approximately 2,632 square feet of living space, and was originally constructed in 1978. The current price per square foot is $190. The average price per square foot for Single Family listings in Lakewood is $273. The average listing price for Single Family in Lakewood is $750,226.

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Lakewood, IL