Tour
$10,000 Closing Credit¹
#2501839, Patricia O'Connell, Listing Office: COLDWELL BANKER HEDGES
$899,000 List price
123 Cottage Ln Montezuma, IA 50171
$10,000
Closing credit¹
4 beds
2 full, 1 partial
1,775 sqft
0.2 acres
$506 / sqft
House
Property details
About 123 Cottage Ln
Walk out Ranch with over 3550 sq. ft finished located at 123 Cottage Lane on Lake Ponderosa, Montezuma Iowa. Enjoy lake life at its finest in this turn key beautiful lakefront walkout ranch located just 8 houses to Diamond Trail. Enjoy awesome sunsets as the house faces west on the main channel of east lake. The upper level was totally renovated in 2018/2019 including new appliances. There are 2 bedrooms up, one which is the master suite. Two full baths on the upper level and 1/2 bath off the kitchen. You will love the master suite bathroom that offers a walk in tiled glassed in shower. Original lower level was just a 4' crawl space. A contractor dug it out and built a beautiful finished walkout basement which includes 2 large bedrooms, a large full bath with a large walk in tiled shower. A very cool wet bar, living/TV area and a large laundry/utility room with lots of storage space doubled the square footage of the house. New furnace/air conditioner/water heater in 2018. The exterior was re-sided in 2019. Wood deck was replaced with maintenance free composite decking and Westbury railing with Verti-Cable for better views of the lake. Walkout concrete patio includes a waterproof ceiling. New 2 car garage door and opener. Enjoy the new 70 foot aluminum Floe dock installed in 2017, which includes a new Floe boat life and Shore Station lift. You will have 440 acres of lake, great for fishing, boating, skiing and jet skiing.
Highlights
Home typeResidential
HeatingElectric, Forced Air, Propane
StatusActive
CoolingCentral Air
Size1,775 sqft
BasementYes
Lot size0.222 Acres
Year built1995
ParkingDetached, Garage, Two Car Garage
MLS #717709
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Basement: Yes
- Flooring Type: Carpet, Tile
- Interior: Wet Bar, Dining Area, Eat-in Kitchen, See Remarks, Cable TV, Window Treatments
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Garage, Two Car Garage
- Exterior: Deck, Patio
- Architectural Style: Ranch, Traditional
- Heating: Electric, Forced Air, Propane
- Cooling: Central Air
- List Price: $899,000
- Price/SqFt: $506
- Annual Tax Amount: $7,068
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: see remarks
- Year Built: 1995
- Living Area: 1,775 SqFt
- Lot Size: 0.222 Acres
- MLS Number: 717709
- MLS Name: DMAAR
- Office Name: RE/MAX Concepts
- Office Phone: (515) 250-3126
- Listing Agent: Sue Sutton-Ludwig
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 9:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
123 Cottage Ln
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 18, 2017 | Home Sold | $399,500 |
| Jan 03, 2007 | Home Sold | $265,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $701,170 | $7,068 |
| 2023 | $701,170 | $6,592 |
| 2022 | $548,040 | $6,646 |
| 2021 | $517,010 | $5,848 |
| 2020 | $442,640 | $4,502 |
| 2019 | $346,700 | $4,086 |
| 2018 | $304,980 | $4,036 |
| 2017 | $304,980 | $3,714 |
History based on county public records data.
Nearby schools
9
Montezuma Elementary School
Public District PK-5
2.7 mi
•504 N 4th St
5
North Mahaska Elementary School
Public District PK-6
9.2 mi
•2163 135th St
9
Brooklyn-Guernsey-Malcom Elementary School
Public District PK-6
12.8 mi
•1090 Jackson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,625. Typical income of Montezuma, IA residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
25%
<35k
48%
35k-100k
19%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
5%
Single, with Kids
55%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
48%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Bass Pro Shops
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Hardee's
Texas Roadhouse
What do the neighbors drive?
Cadillac
GMC
Subaru
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 123 Cottage Ln
The listing price of 123 Cottage Ln property is $899,000.
The property 123 Cottage Ln is a house located in Montezuma, Iowa, 50171.
Active Listing: 123 Cottage Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 123 Cottage Ln are: Montezuma Elementary School (GreatSchools Rating 9/10), North Mahaska Elementary School (GreatSchools Rating 5/10), Brooklyn-Guernsey-Malcom Elementary School (GreatSchools Rating 9/10), Montezuma Junior High School (GreatSchools Rating 4/10), Grinnell Community Middle School (GreatSchools Rating 5/10), Lynnville-Sully Middle School (GreatSchools Rating 9/10), Montezuma High School (GreatSchools Rating 6/10), North Mahaska Jr-Sr High School (GreatSchools Rating 5/10), Brooklyn-Guernsey-Malcom Jr-Sr High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,068 (source: MLS/based on county public records data).
The last sale was on May 18, 2017 for $399,500 (source: MLS/tax record).
The property at 123 Cottage Ln has 4 bedrooms and 2 full and 1 half bathrooms.
The property 123 Cottage Ln is 1,775 SqFt (source: MLS/tax record).
The year of construction for 123 Cottage Ln is 1995.
This home is located at 123 Cottage Ln in Montezuma, IA and zip code 50171. This 1,775 square foot home, which was built in 1995, sits on a 0.22 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $899,000.
The number of listings in Montezuma, IA increased by 100% between March and April 2025. While the average time on the market in April 2025 was 35 days, the median list price was $378,000.
From Rocket Homes Real Estate and based on county public records data.