Enter this home and feel immediately connected to Lake Ponderosa life! With open floor plan, effortless flow from indoor to outdoors, and stunning lake views, this 3-bedroom, 2-bathroom home feels fresh, new, and perfect for hosting family and friends. Inside, enjoy a spacious custom kitchen, custom blinds, added square footage with a 4 seasoned windowed porch and other thoughtful updates. Outdoors, every detail is designed for gathering! Relax on the newly extended, covered concrete patio area on the lower level accessed from the family room, get the ribs on in the barbecue area with easy kitchen access to another new patio area, or enjoy sunrises on the new spacious extended concrete area. A new lake front shed with electrical provides even more flexibility for seating, storage and keeping drinks cold. The enlarged dock seating area and amphitheater-style firepit create the ideal lakefront hangout. With new landscaping, fresh sod, and a 4-car garage, this property is ready for your lake days ahead. If outdoor living matters as much to you as the home itself, then this lake home is for you. This is definitely a must-see lake property. Schedule your showing today.
Pending
$1,028,000
148 Valley Rd, Montezuma, IA 50171
3beds
1,408sqft
Est.:
Single Family Residence
Built in 1989
0.27 Acres Lot
$978,800 Zestimate®
$730/sqft
$-- HOA
What's special
Stunning lake viewsBarbecue areaAmphitheater-style firepitOpen floor planCustom blindsNew landscapingNew patio area
- 30 days |
- 95 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 07:00am
Listed by:
Chris Behun 641-521-7091,
Iowa Realty Newton
Source: DMMLS,MLS#: 728165
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Built-In Oven, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Dining Area, Window Treatments
- Number of fireplaces: 1
- Fireplace features: Gas, Vented
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
- Finished area below ground: 640
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Patio
Lot
- Size: 0.27 Acres
- Features: Irregular Lot
Details
- Parcel number: 6303445300
- Zoning: res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Raised Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Security System
HOA
- Has HOA: No
Location
- Region: Montezuma
Financial & listing details
- Price per square foot: $730/sqft
- Tax assessed value: $560,120
- Annual tax amount: $5,441
- Date on market: 10/10/2025
- Cumulative days on market: 53 days
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Estimated market value
$978,800
$930,000 - $1.03M
$1,329/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Pending sale | $1,028,000$730/sqft |
Source:  DMMLS #728165 Report a problem | ||
| 10/10/2025 | Listed for sale | $1,028,000+45.6%$730/sqft |
Source: DMMLS #728165 Report a problem | ||
| 5/3/2024 | Sold | $706,000-3%$501/sqft |
Source: DMMLS #686861 Report a problem | ||
| 12/21/2023 | Pending sale | $728,000$517/sqft |
Source: DMMLS #686861 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,470 +9.2% | $560,120 |
| 2023 | $5,010 -0.8% | $560,120 +31.7% |
| 2022 | $5,050 +16.7% | $425,420 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,443/mo
Principal & interest
$3986
Property taxes
$1097
Home insurance
$360
Climate risks
Neighborhood: 50171
Nearby schools
GreatSchools rating
- 8/10Montezuma Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 6/10Montezuma Junior High SchoolGrades: 6-8Distance: 3.4 mi
- 7/10Montezuma High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- District: Montezuma
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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