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.
For sale
$475,000
101 Canyon Rd, Montezuma, IA 50171
2beds
1,512sqft
Single Family Residence
Built in 2009
0.61 Acres Lot
$448,400 Zestimate®
$314/sqft
$-- HOA
What's special
Open concept barndominiumRecently remodeled main bathroomStunning knotty pine throughoutAbundant natural lightWarm and inviting interiorCustom onyx shower
- 72 days |
- 247 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Patricia O'Connell 319-775-7062,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2602357
Originating MLS: Cedar Rapids Area Association Of Realtors
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Features
- Bath in Primary Bedroom, Main Level Primary
- Has basement: No
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
- Stories: 1
- Patio & porch: Deck, Patio
Lot
- Size: 0.61 Acres
- Dimensions: 26,666
- Features: See Remarks, Wooded
Details
- Additional structures: Shed(s)
- 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
Location
- Region: Montezuma
Financial & listing details
- Price per square foot: $314/sqft
- Tax assessed value: $315,870
- Annual tax amount: $2,672
- Date on market: 4/8/2026
- Listing terms: Cash,Conventional
Estimated market value
$448,400
$426,000 - $471,000
$1,500/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $475,000$314/sqft |
Source: | ||
| 4/7/2026 | Listing removed | $475,000$314/sqft |
Source: | ||
| 8/28/2025 | Listed for sale | $475,000-11.2%$314/sqft |
Source: | ||
| 8/28/2025 | Listing removed | $535,000$354/sqft |
Source: | ||
| 7/10/2025 | Listed for sale | $535,000+970%$354/sqft |
Source: | ||
| 2/20/2008 | Sold | $50,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,672 -3.5% | $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 | $76,330 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50171
Nearby schools
GreatSchools rating
- 8/10Montezuma Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 6/10Montezuma Junior High SchoolGrades: 6-8Distance: 3.6 mi
- 7/10Montezuma High SchoolGrades: 9-12Distance: 3.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Poweshiek County
- Montezuma
- 50171
- 101 Canyon Rd




