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For sale
  • $1,200,000

    246 Hillcrest Rdg, Montezuma, IA 50171

    4beds
    4,348sqft
    : 
    Single Family Residence
    Built in 2003
    0.27 Acres Lot
    $1,126,100 Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Beautiful gas fireplaceLakefront homeOpen-concept designAbundant storageMain floor laundryFloor-to-ceiling andersen windowsNatural light
    Welcome to lake living at its finest at Lake Ponderosa! This exceptional lakefront home offers 100 feet of shoreline and stunning water views from nearly every angle. Step inside to an open-concept design highlighted by a dramatic cathedral great room with floor-to-ceiling Andersen Windows that flood the space with natural light. A beautiful gas fireplace centered in the middle of the windows for those chilly nights. Two sliding doors lead to the expansive deck, complete with brand-new railing—perfect for soaking in the breathtaking lake views. This spacious home features 4 bedrooms including the private primary suite with its own ensuite. A generous loft overlooks the great room and lake, offering flexible space for additional sleeping or a home office. With 3.5 bathrooms and main floor laundry, comfort and convenience are built in to this property. The walkout lower level is an entertainer’s dream—boasting a large game room, expansive family room with a stunning stone fireplace, and a full-size bar with matching stonework. Two patio doors lead to a covered porch and a beautifully designed lakeside patio, creating multiple outdoor living spaces. Enjoy lake life to the fullest with a concrete covered dock system featuring 3 slips and a boat lift. An attached 2-stall garage and abundant storage—including a large unfinished work/toy room—complete this incredible property.
    6 days
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    508
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    13
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    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2026 at 01:50pm

    Listed by:

    Patricia O'Connell 319-775-7062,

    Realty87

    Source: CRAAR, CDRMLS,MLS#: 2602269MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Laundry, Living Room, Recreation
      Other
      • Level: Second
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Upper Level Primary, Jetted Tub, Vaulted Ceiling(s)
      • Basement: Full,Concrete
      • Has fireplace: Yes
      • Fireplace features: Insert, Family Room, Gas, Great Room
      Interior area
      • Total interior livable area: 4,348 sqft
      • Finished area above ground: 2,988
      • Finished area below ground: 1,360

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Has spa: Yes
      • On waterfront: Yes
      Lot
      • Size: 0.27 Acres
      • Dimensions: 11,799 sf
      • Features: Waterfront
      Details
      • Parcel number: 1934400

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Foundation: Poured
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Montezuma

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $886,230
      • Annual tax amount: $7,952
      • Date on market: 4/4/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,126,100

        $1.07M - $1.18M

        $1,309/mo

        Price history

        Price history
        DateEventPrice
        4/4/2026Listed for sale$1,200,000$276/sqft
        Source: CRAAR, CDRMLS #2602269 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $886,230 +8.3%
        2024$8,250 +2.6%$818,510
        2023$8,040 +0.2%$818,510 +22.4%
        2022$8,026 +27.4%$668,490 +1%
        2021$6,298 +1.7%$661,850 +38.8%
        2020$6,190 +9.2%$476,700
        2019$5,670 +1.3%$476,700 +12.6%
        2018$5,600 +7%$423,230
        2017$5,236 $423,230 +6.9%
        2016-- $395,850
        2015-- $395,850 +2.6%
        2014-- $385,860
        2013-- $385,860 +2%
        2012$3,926 $378,210

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $7,468/mo
        Principal & interest
        $6188
        Property taxes
        $1280
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          Climate risks

          Neighborhood: 50171

          Getting around

          0 / 100
          Car-Dependent
          15 / 100
          Somewhat Bikeable

          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.

          Local experts in 50171