Multiple opportunities and an exceptional location for connectivity and convenience define this charming one-story residence offering true main-level living, ideally situated on just over an acre in the heart of Holts Summit. Positioned on a desirable corner lot, this well-located 2-bedroom, 1-bathroom home presents a thoughtfully designed layout featuring a spacious U-shaped kitchen with ample room for dining, flowing into an inviting open living area that encourages both comfortable everyday living and effortless entertaining. The utility and laundry room offers additional versatility and could easily function as a secondary gathering space, home office, or flex room depending on your needs.
Beyond its immediate livability, this property presents a compelling opportunity for investors, developers, and those seeking long-term portfolio growth. The expansive 1+acre parcel, with a significant portion consisting of open, level ground facing a paved cross street, creates strong potential for future improvements, expansion, or redevelopment. Whether considering the addition of accessory dwelling units, exploring multi-family development potential (subject to zoning and municipal approvals), or simply holding the property as a long-term investment in a steadily growing area, the flexibility of this tract is a notable asset. Its positioning and layout lend themselves well to both immediate rental income opportunities and strategic future use, making it attractive for buy-and-hold investors, builders, or those looking to capitalize on land value appreciation over time.
The home itself is complemented by an attached one-car garage and a private gravel driveway with additional parking capacity, while the surrounding acreage provides ample room for fencing, gardening, recreational use, or further building improvements. The location is particularly advantageous, offering multiple convenient access points to both Highway 54 and Highway 63, making regional travel, commuting, and business operations efficient and accessible. Situated approximately three miles from a wide range of Holts Summit amenities, residents enjoy close proximity to local favorites such as Donut Palace, Moser's Grocery Store, Taco Bell, Pizza Hut, Dos Primos Mexican Restaurant, McDonald's, Subway, Holts Summit Hardware LLC, and Dollar General. The property is also ideally positioned near key regional landmarks, including approximately 8miles to Jefferson City and the State Capitol,7miles to Missouri River access, less than1mile to North Elementary School,9miles to Lewis and Clark Middle School, and approximately33miles to downtown Columbia. Additionally, the proximity to major employment centers enhances both owner-occupant appeal and rental desirability, with nearby opportunities including St. Mary's Hospital, Unilever Home and Personal Care, Amcor, Quikrete, Hitachi Energy Ltd., Scholastic Inc., Ameren's Callaway Energy Center, Danuser, nVent Switchgear Systems, the Dollar General Distribution Center, EquipmentShare, and Veterans United Home Loans.
This property offers a rare combination of immediate usability, investment versatility, and long-term potential, all within a highly accessible and steadily developing location, making it an exceptional opportunity for homeowners, investors, and developers alike.
For sale
$198,500
550 S Summit Dr, Holts Summit, MO 65043
2beds
1,256sqft
Est.:
Single Family Residence
Built in 1948
1.1 Acres Lot
$195,800 Zestimate®
$158/sqft
$-- HOA
What's special
Main-level livingAttached one-car garageDesirable corner lotOne-story residenceAmple room for diningSpacious u-shaped kitchenUtility and laundry room
- 10 days |
- 351 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Suzanna Wolfe 573-721-9031,
Wolfe Realty
Source: JCMLS,MLS#: 10072787
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 2
- Level: Main
- Area: 86.98 Square Feet
- Dimensions: 8.42 x 10.33
Primary bathroom
- Level: Main
- Area: 144.9 Square Feet
- Dimensions: 13.58 x 10.67
Kitchen
- Level: Main
- Area: 102.25 Square Feet
- Dimensions: 8.83 x 11.58
Laundry
- Level: Main
- Area: 181.94 Square Feet
- Dimensions: 9.75 x 18.66
Living room
- Level: Main
- Area: 239.54 Square Feet
- Dimensions: 18.67 x 12.83
Other
- Description: Garage
- Level: Main
- Area: 185.21 Square Feet
- Dimensions: 9.92 x 18.67
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, None
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,256
- Total interior livable area: 1,256 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: Additional Parking
- Details: Main
Lot
- Size: 1.1 Acres
- Dimensions: 47,916.00
Details
- Parcel number: 2507036020004001000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hibernia Heights
Location
- Region: Holts Summit
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $67,320
- Annual tax amount: $777
- Date on market: 4/14/2026
Estimated market value
$195,800
$186,000 - $206,000
$1,142/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listed for sale | $198,500$158/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $778 -2.5% | $12,791 |
| 2024 | $797 +0.1% | $12,791 |
| 2023 | $797 +3.8% | $12,791 +3.9% |
| 2022 | $768 +0.7% | $12,316 |
| 2021 | $762 -1.2% | $12,316 |
| 2020 | $772 | $12,316 |
| 2019 | -- | $12,316 -5.8% |
| 2018 | $303 -59.2% | $13,078 +120% |
| 2017 | $743 +144.8% | $5,945 -0.1% |
| 2016 | $303 | $5,950 |
| 2015 | $303 -2.3% | $5,950 |
| 2014 | $311 +6.5% | $5,950 |
| 2013 | $292 -4.2% | $5,950 |
| 2012 | $304 +0.1% | $5,950 |
| 2011 | $304 +1% | $5,950 |
| 2010 | $301 | $5,950 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,178/mo
Principal & interest
$1047
Property taxes
$131
More affordability tools
Climate risks
Neighborhood: 65043
Nearby schools
GreatSchools rating
- 7/10North Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Lewis And Clark Middle SchoolGrades: 6-8Distance: 5.9 mi
- 4/10Jefferson City High SchoolGrades: 9-12Distance: 6.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Missouri
- Callaway County
- Holts Summit
- 65043
- 550 S Summit Dr





