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.
For sale
$1,200,000
246 Hillcrest Rdg, Montezuma, IA 50171
4beds
4,348sqft
Est.:
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
- 6 days |
- 508 |
- 13 |
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#: 2602269
Originating 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
| Date | Event | Price |
|---|---|---|
| 4/4/2026 | Listed for sale | $1,200,000$276/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: 50171
Nearby schools
GreatSchools rating
- 8/10Montezuma Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 6/10Montezuma Junior High SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Montezuma High SchoolGrades: 9-12Distance: 2.7 mi
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
- Iowa
- Poweshiek County
- Montezuma
- 50171
- 246 Hillcrest Rdg




