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For sale
  • $475,000

    101 Canyon Rd, Montezuma, IA 50171

    2beds
    1,512sqft
    : 
    Single Family Residence
    Built in 2009
    0.61 Acres Lot
    $450,300 Zestimate®
    $314/sqft
    $120/mo HOA

    What's special

    Open concept barndominiumRecently remodeled main bathroomAbundant natural lightWarm and inviting interiorCustom onyx shower
    Lake Ponderosa Barndominium with 10’ Lake Access. Don’t miss this rare opportunity to own a unique open concept barndominium located on beautiful Lake Ponderosa in Montezuma, Iowa. Sitting on 0.61 acres, this 2-bedroom, 2-bathroom home combines rustic charm with modern comforts—and includes a revenue-generating bait shop! Step inside to a warm and inviting interior featuring stunning knotty pine throughout, soaring 13’ ceilings, and abundant natural light. The recently remodeled main bathroom boasts a custom Onyx shower, while the second bathroom offers a relaxing jetted tub/shower combo with tile surround. The expansive 1,422 SF garage is fully spray-foamed and includes a heated and cooled bonus space—perfect for a craft room, private lounge, or man cave. Hosting guests is a breeze with 4 camper hookups, each with drainpipe access, and two separate electrical boxes offering 50/30/20 Amp service. A private pathway leads to your 10 feet of lake access with a dock included, plus access to a shared dock platform ideal for unwinding and watching the lake activities. Whether you're looking for a peaceful lake retreat, a hobbyist’s dream setup, or a unique income-producing property, this one checks all the boxes.
    202 days
    |
    379
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 18, 2025 at 08:14am

    Listed by:

    Patricia O'Connell 319-775-7062,

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2507386MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Other
      • Level: First
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
      Features
      • Breakfast Bar, Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Great Room, Wood Burning
      Interior area
      • Total interior livable area: 1,512 sqft
      • Finished area above ground: 1,512
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached, Garage, Guest, Heated Garage, Garage Door Opener
      • Garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Patio
      Lot
      • Size: 0.61 Acres
      • Dimensions: 26,666
      • Features: See Remarks, Wooded
      Details
      • Additional structures: Outbuilding
      • Parcel number: 0492400

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Steel
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 2009

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      • HOA fee: $1,444 annually
      Location
      • Region: Montezuma

      Financial & listing details

      • Price per square foot: $314/sqft
      • Tax assessed value: $315,870
      • Annual tax amount: $2,874
      • Date on market: 8/28/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $450,300

        $428,000 - $473,000

        $1,493/mo

        Price history

        Price history
        DateEventPrice
        8/28/2025Listed for sale$475,000-11.2%$314/sqft
        Source: CRAAR, CDRMLS #2507386 Report a problem
        8/28/2025Listing removed$535,000$354/sqft
        Source: CRAAR, CDRMLS #2506088 Report a problem
        7/10/2025Listed for sale$535,000+970%$354/sqft
        Source: CRAAR, CDRMLS #2506088 Report a problem
        2/20/2008Sold$50,000$33/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $315,870 +10.8%
        2024$2,770 +5.9%$285,180
        2023$2,616 -0.8%$285,180 +26%
        2022$2,636 +16.3%$226,390
        2021$2,266 +9.8%$226,390 +25.7%
        2020$2,064 +29.3%$180,130 +7.4%
        2019$1,596 +1.5%$167,680 +31.4%
        2018$1,572 +56%$127,580
        2017$1,008 $127,580 +50.6%
        2016-- $84,730
        2015-- $84,730
        2014-- $84,730 +11%
        2013-- $76,330
        2012$628 $76,330

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,905/mo
        Principal & interest
        $2278
        Property taxes
        $507
        HOA Fees
        $120
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          Climate risks

          Neighborhood: 50171

          Getting around

          0 / 100
          Car-Dependent
          7 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Montezuma
          • Middle: Montezuma
          • High: Montezuma

          Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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