Active

Price cut: $51K (8/17)

$799,000

116 Cedar Rd, Montezuma, IA 50171

4beds

3,008sqft

$5,690/mo

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Single Family Residence

Built in 1975

0.45 Acres Lot

$-- Zestimate^®

$266/sqft

$-- HOA

What's special

Lower level walkout basementLakefront homeUtility roomSitting areaLarge family roomPeaceful non-through road

116 Cedar Road Lake Ponderosa offered for sale. This lakefront home offers many amenities. The location of this property is on the West Lake, West side offering morning sun afternoon shade on a peaceful non-through road. Other attributes are 4 bedrooms, 3 bathrooms, main floor open living room, kitchen, sitting area, master bed and bathroom plus 2 other bedrooms. The lower level walkout basement offers a large family room, utility room, storage and a 4th bedroom. The attached garages are amazing spaces with concrete approaches, 3 large stalls and a bonus room above the 2 stall garage that is climate controlled. This makes a perfect bunk room. The 107 plus feet of lakefront is sure to impress!! Call to view this wonderful lake home.

38 days
456
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Features

Basement: Walk-Out Access,Partial,Partially Finished
Number of fireplaces: 1

Interior area

Total interior livable area: 3,008 sqft
Finished area below ground: 600

Property

Parking

Total spaces: 3
Parking features: Attached, Concrete
Garage spaces: 3

Accessibility

Accessibility features: None

Features

On waterfront: Yes
Waterfront features: Waterfront, Waterfront Present
Body of water: Lake Ponderosa

Lot

Size: 0.45 Acres
Dimensions: 107.64 ft. Lake Frontage, 55 ft. at Roadside.

Details

Additional structures: Garage(s)
Parcel number: 3359300

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1975

Utilities & green energy

Sewer: Septic Tank
Water: Rural/Municipality

Community & HOA

HOA

Has HOA: No

Location

Region: Montezuma

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $720,650
Annual tax amount: $6,544
Date on market: 8/7/2026
Cumulative days on market: 40 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/17/2026	Price change	$799,000-6%$266/sqft
Source: NoCoast MLS as distributed by MLS GRID #6341353 Report a problem
8/7/2026	Listed for sale	$850,000+54.5%$283/sqft
Source: NoCoast MLS as distributed by MLS GRID #6341353 Report a problem
10/1/2019	Listing removed	$550,000$183/sqft
Source: RE/MAX Concepts #574378 Report a problem
7/1/2019	Price change	$550,000-0.5%$183/sqft
Source: RE/MAX Concepts #574378 Report a problem
6/6/2019	Price change	$552,500-0.5%$184/sqft
Source: RE/MAX Concepts #574378 Report a problem
3/1/2019	Price change	$555,000-1.8%$185/sqft
Source: RE/MAX Concepts #574378 Report a problem
12/28/2018	Listed for sale	$565,000$188/sqft
Source: RE/MAX Concepts #574378 Report a problem
10/20/2018	Listing removed	$565,000$188/sqft
Source: Patriot Realty #35014813 Report a problem
4/20/2018	Listed for sale	$565,000+88.3%$188/sqft
Source: Patriot Realty #35014813 Report a problem
7/31/2013	Sold	$300,000$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,200 -3.6%	$720,650 +11.1%
2024	$6,430 +8.7%	$648,370
2023	$5,916 -0.8%	$648,370 +29.5%
2022	$5,962 +14.3%	$500,670
2021	$5,214 +1.8%	$500,670 +26.9%
2020	$5,124 +11.5%	$394,620
2019	$4,594 +1.3%	$394,620 +15.1%
2018	$4,536 +15.7%	$342,870
2017	$3,922	$342,870 +15.6%
2016	--	$296,490 +18.8%
2015	--	$249,660 +10%
2014	--	$226,890
2013	--	$226,890 +3.8%
2012	$2,180	$218,540