Don’t miss this rare opportunity to own a classic cottage on Lake Panorama’s main basin, offering incredible water views and a front-row seat to some of the lake’s best traditions - the annual ski show and spectacular Panorama Days fireworks. This home sits on a gently sloping lot – perfect for yard games or lounging in law chairs, and when it’s time to board your watercraft, it’s a short easy walk to the dock and boat lift. Designed for gathering and entertaining, the home features two kitchens, making it easy to prepare meals for the whole crew after a day on the water. The main level offers convenient one-level living with 2 bedrooms,3 bathrooms, plus two non-conforming bedrooms for additional sleeping space. The connected living areas are inviting for relaxing, conversation or game night. A bright four-season room provides the perfect place to relax year-round while watching the lake activity and boats cruise by. Need extra space? The 26' x 28' detached garage with workshop offers plenty of room for vehicles, lake toys, and projects. Above the garage, you’ll find a versatile upper-level bonus room complete with a half bath and private deck, creating the perfect flex space for guests, a studio, game room, or a quiet place to unwind and take in the breathtaking lake views.
The location couldn’t be better—just minutes from the marina, town amenities, and the 18-hole Lake Panorama National Golf Course.
For sale
$910,000
5221 Panorama Point, Panora, IA 50216
2beds
1,824sqft
Est.:
Single Family Residence
Built in 1973
0.71 Acres Lot
$841,800 Zestimate®
$499/sqft
$160/mo HOA
What's special
Bright four-season roomConvenient one-level livingIncredible water viewsTwo kitchensGently sloping lot
- 48 days |
- 652 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
David Wagler (641)755-2377,
Sunset Realty,
Laura Kemble 641-757-0287,
Sunset Realty
Source: DMMLS,MLS#: 737390
Originating MLS: Des Moines Area Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Dining Area, Eat-in Kitchen
- Flooring: Laminate
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Two Car Garage
- Garage spaces: 2
Features
- Stories: 1
- Patio & porch: Deck, Open, Patio
- Exterior features: Deck, Patio, Storage
Lot
- Size: 0.71 Acres
- Features: Irregular Lot
Details
- Additional structures: Storage
- Parcel number: 0001876200
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,926 annually
- HOA name: Lake Panorama Association
- Second HOA name: Lake Panorama Association
Location
- Region: Panora
Financial & listing details
- Price per square foot: $499/sqft
- Tax assessed value: $795,600
- Annual tax amount: $9,258
- Date on market: 4/2/2026
- Cumulative days on market: 48 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$841,800
$800,000 - $884,000
$2,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $910,000$499/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,258 -3.4% | $795,600 +3.7% |
| 2024 | $9,586 +24.4% | $766,900 |
| 2023 | $7,708 +1% | $766,900 +52.5% |
| 2022 | $7,630 +4.5% | $503,000 |
| 2021 | $7,298 +5.4% | $503,000 +10.9% |
| 2020 | $6,926 +4.4% | $453,700 |
| 2019 | $6,636 +33.9% | $453,700 +5% |
| 2018 | $4,955 +4.3% | $432,100 |
| 2017 | $4,752 +1.1% | -- |
| 2016 | $4,698 | -- |
| 2015 | $4,698 -1.8% | $318,566 |
| 2014 | $4,786 +1.4% | $318,566 |
| 2013 | $4,722 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 50216
Nearby schools
GreatSchools rating
- 3/10Panorama Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Panorama Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Panorama High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Panorama Community
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Guthrie County
- Panora
- 50216
- 5221 Panorama Point




