Walk out Ranch with over 3550 sq. ft finished located at 123 Cottage Lane on Lake Ponderosa, Montezuma Iowa. Enjoy lake life at its finest in this turn key beautiful lakefront walkout ranch located just 8 houses to Diamond Trail. Enjoy awesome sunsets as the house faces west on the main channel of east lake. The upper level was totally renovated in 2018/2019 including new appliances. There are 2 bedrooms up, one which is the master suite. Two full baths on the upper level and 1/2 bath off the kitchen. You will love the master suite bathroom that offers a walk in tiled glassed in shower. Original lower level was just a 4' crawl space. A contractor dug it out and built a beautiful finished walkout basement which includes 2 large bedrooms, a large full bath with a large walk in tiled shower. A very cool wet bar, living/TV area and a large laundry/utility room with lots of storage space doubled the square footage of the house. New furnace/air conditioner/water heater in 2018. The exterior was re-sided in 2019. Wood deck was replaced with maintenance free composite decking and Westbury railing with Verti-Cable for better views of the lake. Walkout concrete patio includes a waterproof ceiling. New 2 car garage door and opener. Enjoy the new 70 foot aluminum Floe dock installed in 2017, which includes a new Floe boat life and Shore Station lift. You will have 440 acres of lake, great for fishing, boating, skiing and jet skiing.
Pending
Price cut: $11K (5/8)
$899,000
123 Cottage Ln, Montezuma, IA 50171
4beds
1,775sqft
Est.:
Single Family Residence
Built in 1995
9,670.32 Square Feet Lot
$870,000 Zestimate®
$506/sqft
$-- HOA
What's special
Lakefront walkout ranchFinished walkout basementAwesome sunsetsMaintenance free composite deckingMaster suiteWaterproof ceilingNew appliances
- 25 days
- on Zillow |
- 115 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 06:26am
Listed by:
Sue Sutton-Ludwig (515)250-3126,
RE/MAX Concepts,
Bill Ludwig 515-520-9682,
RE/MAX Concepts
Source: DMMLS,MLS#: 717709
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Electric, Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Wet Bar, Dining Area, Eat-in Kitchen, See Remarks, Cable TV, Window Treatments
- Flooring: Carpet, Tile
- Basement: Finished,Walk-Out Access
Interior area
- Total structure area: 1,775
- Total interior livable area: 1,775 sqft
- Finished area below ground: 1,775
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Patio & porch: Covered, Deck, Patio
- Exterior features: Deck, Patio
Lot
- Size: 9,670.32 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 6301937400
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Montezuma
Financial & listing details
- Price per square foot: $506/sqft
- Tax assessed value: $701,170
- Annual tax amount: $7,068
- Date on market: 5/8/2025
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Gravel
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