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Sold for $900,000
  • $900,000

    140 Falcon Dr, Montezuma, IA 50171

    3beds
    2,508sqft
    Single Family Residence
    Built in 2015
    2.27 Acres Lot
    $915,400 Zestimate®
    $359/sqft
    $2,554 Estimated rent

    Home value

    $915,400

    Estimated sales range

    Not available

    $2,554/mo

    Zestimate® history
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    What's special

    Dock with ladderPartially wooded landscapeSoaring cathedral ceilingsGranite countertopsTile and wood flooringExpansive windowsGourmet kitchen
    Custom Douglas Fir Log Home on 2.27 Acres at Lake Silverado – Montezuma, Iowa Experience lakeside living at its finest in this stunning custom-built Douglas Fir log home by Precision Craft, nestled on a scenic 2.27-acre lot at Lake Silverado. This 3-bedroom, 3-bathroom home offers 2,508 square feet of thoughtfully designed living space with an open floor plan and breathtaking views of the lake. The great room features soaring cathedral ceilings, floor to ceiling stone fireplace and expansive windows that frame the partially wooded landscape, where deer, turkeys, and songbirds are frequent visitors. The gourmet kitchen showcases knotty Alderwood cabinetry, granite countertops, and tile and wood flooring that carries throughout the home. Designed with accessibility in mind, the home offers zero-step entry and wide doorways throughout. The finished walkout lower level opens to a private patio, perfect for entertaining or relaxing in nature. Additional features include a whole-house Kohler generator, shore erosion control, drain tile on the open lot, and a dock with ladder and brackets for paddleboards. Enjoy your own garden with red raspberries, rhubarb, asparagus, onions, and beautifully established native grasses and wildflowers. The property includes a covered two-car carport with footings in place for a future garage, and a 1,025 sq ft detached two-plus car garage with a fully equipped separate apartment. Ideal for a mother-in-law suite or income-generating rental, the apartment includes 1 bedroom, 1 full bath, laundry, full kitchen with custom cabinetry and appliances, an electric on-demand water heater, and a private walk-out covered porch. A rare blend of craftsmanship, privacy, and versatility—this one-of-a-kind lake property is ready to welcome you home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia O'Connell 319-775-7062,

    Realty87

    Bought with:

    Patricia O'Connell

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2505847MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Other
    • Level: First
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned, Washer
    • Laundry: Main Level
    Features
    • Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
    • Basement: Partial,Concrete,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Insert, Family Room, Wood Burning
    Interior area
    • Total interior livable area: 2,508 sqft
    • Finished area above ground: 1,562
    • Finished area below ground: 946

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Detached, Garage, Guest, Garage Door Opener
    • Garage spaces: 2
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Fence
    Lot
    • Size: 2.27 Acres
    • Dimensions: 98,831 SF
    • Features: Cul-De-Sac, Wooded, Waterfront
    Details
    • Additional structures: Outbuilding
    • Parcel number: 3520300

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Log, Stone, See Remarks
    • Foundation: Poured
    Condition
    • New construction: No
    • Year built: 2015
    Details
    • Builder name: Precision Craft

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Montezuma

    HOA & financial

    HOA
    • Has HOA: No
    • HOA fee: $1,350 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/30/2025Sold$900,000$359/sqft
    Source: CRAAR, CDRMLS #2505847 Report a problem
    7/19/2025Pending sale$900,000$359/sqft
    Source: CRAAR, CDRMLS #2505847 Report a problem
    7/3/2025Listed for sale$900,000$359/sqft
    Source: CRAAR, CDRMLS #2505847 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$54 -3.6%$5,950 +8%
    2024$56 +16.7%$5,510
    2023$48 $5,510 +38.4%
    2022$48 -4%$3,980
    2021$50 +4.2%$3,980 +6.1%
    2020$48 -4%$3,750
    2019$50 $3,750
    2018$50 +38.9%$3,750
    2017$36 $3,750 +35.4%
    2016-- $2,770
    2015-- $2,770
    2014-- $2,770
    2013-- $2,770

    Find assessor info on the county website

    Neighborhood: 50171

    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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    $915,400
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    With Zillow Showcase(estimated)
    $933,708