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For sale
  • $685,000

    111 Cottage Ln, Montezuma, IA 50171

    3beds
    1,296sqft
    : 
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    Single Family Residence
    Built in 1992
    0.56 Acres Lot
    $646,100 Zestimate®
    $529/sqft
    $-- HOA

    What's special

    Bright and welcoming atmosphereGutters with leafguard protectionBrand new sidingBreathtaking water viewsNew canned lightingPaved patio
    Experience lake living at its finest with this exceptional retreat on the East Lake at Lake Ponderosa. Boasting an impressive 135 feet of shoreline with an expansive seawall, this property offers breathtaking water views and outstanding outdoor enjoyment. Situated on a rare double lot totaling .56 acres, there is plenty of room to relax, entertain, and enjoy the lake lifestyle. This well-maintained home features 3 bedrooms, 1½ baths, and approximately 1,080 square feet on the main level, plus an additional 240-square-foot loft (used as one of the bedrooms). Recent exterior improvements include brand new siding, windows, gutters with LeafGuard protection, and durable steel roofing on both the home and the oversized two-stall garage. Inside, the home has been freshly painted and updated with new canned lighting, trim, and ceiling fan, creating a bright and welcoming atmosphere. The outdoor amenities make this property truly stand out. A front maintenance free covered deck and a paved patio. Included is a large covered maintenance free dock system with a pontoon lift, and the spacious platform can easily be modified to accommodate an additional lift if desired. Conveniently located near a hard-surfaced road — a highly sought-after feature at the lake — this property offers easy access year-round. There’s nothing left to do but move in, relax, and enjoy everything Lake Ponderosa has to offer.
    46 days
    |
    458
    |
    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia O'Connell 319-775-7062,

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2603565MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Laundry
      Other
      • Level: First
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Eat-in Kitchen, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary
      • Basement: Concrete
      Interior area
      • Total interior livable area: 1,296 sqft
      • Finished area above ground: 1,296
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Deck
      • On waterfront: Yes
      Lot
      • Size: 0.56 Acres
      • Dimensions: 24,198
      • Features: Waterfront
      Details
      • Parcel number: 1936900

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Poured, Slab
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Montezuma

      Financial & listing details

      • Price per square foot: $529/sqft
      • Tax assessed value: $616,260
      • Annual tax amount: $5,456
      • Date on market: 5/21/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $646,100

        $614,000 - $678,000

        $1,438/mo

        Price history

        DateEventPrice
        5/21/2026Listed for sale$685,000-2%$529/sqft
        Source: CRAAR, CDRMLS #2603565 Report a problem
        4/22/2025Listed for sale$699,000+175.2%$539/sqft
        Source: NoCoast MLS as distributed by MLS GRID #6326848 Report a problem
        9/26/2012Sold$254,000+33.7%$196/sqft
        Source: NoCoast MLS as distributed by MLS GRID #5448021 Report a problem
        6/24/2011Sold$190,000$147/sqft
        Source: NoCoast MLS as distributed by MLS GRID #5464117 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,456 -3.6%$616,260 +9.7%
        2024$5,662 +9.6%$561,720
        2023$5,164 -0.8%$561,720 +30.8%
        2022$5,206 +16.7%$429,320
        2021$4,460 +1.7%$429,320 +27.2%
        2020$4,384 +12.3%$337,600
        2019$3,904 +1.2%$337,600 +15.9%
        2018$3,856 +10.5%$291,350
        2017$3,490 $291,350 +10.4%
        2016-- $263,860
        2015-- $263,860 +5.5%
        2014-- $250,110 -0.5%
        2013-- $251,280 +3.7%
        2012$2,376 $242,410

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 50171

        Getting around

        7 / 100
        Car-Dependent
        6 / 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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