Vacant Lot or Land for sale by owner in Linden, MI 48451. WATERFRONT LOT - LAKE PONEMAH, LINDEN, MI 1/2 acre lot located in Emerald Pointe, 109 of waterfront facing sunset on Lake Ponemah. Lake Fenton schools, Linden mailing address. Only 20 lots are on the peninsula, tucked away in a secluded sub with million dollar homes. I will sell it for $159,900 (or lease/option land contract with substantial down payment). To give an idea, the adjacent lot is listed at $209,900, so I am pricing it for a v... See site for full property details.