Lake Ponderosa Barndominium with Income Potential & Lake Access
Don’t miss this rare opportunity to own a unique open-concept barndominium located on beautiful Lake Ponderosa in Montezuma, Iowa. Sitting on 0.61 acres, this 2-bedroom, 2-bathroom home combines rustic charm with modern comforts—and includes a revenue-generating bait shop!
Step inside to a warm and inviting interior featuring stunning knotty pine throughout, soaring 13’ ceilings, and abundant natural light. The recently remodeled main bathroom boasts a custom Onyx shower, while the second bathroom offers a relaxing jetted tub/shower combo with tile surround.
The expansive 1,422 SF garage is fully spray-foamed and includes a heated and cooled bonus space—perfect for a craft room, private lounge, or man cave. Hosting guests is a breeze with 4 camper hookups, each with drain pipe access, and two separate electrical boxes offering 50/30/20 Amp service.
A private pathway leads to your 10 feet of lake access with a dock included, plus access to a shared dock platform ideal for unwinding and watching the lake activities.
Whether you're looking for a peaceful lake retreat, a hobbyist’s dream setup, or a unique income-producing property, this one checks all the boxes.
For sale
$535,000
101 Canyon Rd, Montezuma, IA 50171
2beds
1,512sqft
Est.:
Single Family Residence
Built in 2009
0.61 Acres Lot
$510,800 Zestimate®
$354/sqft
$120/mo HOA
What's special
Shared dock platformOpen-concept barndominiumPrivate pathwayModern comfortsRecently remodeled main bathroomAbundant natural lightStunning knotty pine
- 30 days
- on Zillow |
- 562 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 02:58pm
Listed by:
Patricia O'Connell 319-775-7062,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2506088
Originating MLS: Cedar Rapids Area Association Of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Laundry
Other
- Level: First
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Breakfast Bar, Eat-in Kitchen, Main Level Primary
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning Stove
Interior area
- Total interior livable area: 1,512 sqft
- Finished area above ground: 1,512
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Guest, Heated Garage, Garage Door Opener
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
Lot
- Size: 0.61 Acres
- Dimensions: 26,666 sf
- Features: See Remarks, Wooded
Details
- Parcel number: 0492400
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Steel
- Foundation: Slab
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,444 annually
Location
- Region: Montezuma
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $2,874
- Annual tax amount: $2,874
- Date on market: 7/10/2025
- Listing terms: Cash,Conventional
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