#2506088, Patricia O'Connell, Listing office: Realty87
140 Falcon Dr Montezuma, IA 50171
Property details
About 140 Falcon Dr
Custom Douglas Fir Log Home on 2.27 Acres at Lake Silverado – Montezuma, Iowa Experience lakeside living at its finest in this stunning custom-built Douglas Fir log home by Precision Craft, nestled on a scenic 2.27-acre lot at Lake Silverado. This 3-bedroom, 3-bathroom home offers 2,508 square feet of thoughtfully designed living space with an open floor plan and breathtaking views of the lake. The great room features soaring cathedral ceilings, floor to ceiling stone fireplace and expansive windows that frame the partially wooded landscape, where deer, turkeys, and songbirds are frequent visitors. The gourmet kitchen showcases knotty Alderwood cabinetry, granite countertops, and tile and wood flooring that carries throughout the home. Designed with accessibility in mind, the home offers zero-step entry and wide doorways throughout. The finished walkout lower level opens to a private patio, perfect for entertaining or relaxing in nature. Additional features include a whole-house Kohler generator, shore erosion control, drain tile on the open lot, and a dock with ladder and brackets for paddleboards. Enjoy your own garden with red raspberries, rhubarb, asparagus, onions, and beautifully established native grasses and wildflowers. The property includes a covered two-car carport with footings in place for a future garage, and a 1,025 sq ft detached two-plus car garage with a fully equipped separate apartment. Ideal for a mother-in-law suite or income-generating rental, the apartment includes 1 bedroom, 1 full bath, laundry, full kitchen with custom cabinetry and appliances, an electric on-demand water heater, and a private walk-out covered porch. A rare blend of craftsmanship, privacy, and versatility—this one-of-a-kind lake property is ready to welcome you home. This property has an accepted offer with a 72 hour clause.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener, Washer
- Basement: Yes
- Interior: Breakfast Bar, Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s)
- Fireplace: Insert, Family Room, Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: Carport, Detached, Garage, Guest, Garage Door Opener
- Waterfront: Waterfront
- Exterior: Fence
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $900,000
- Price/SqFt: $358
- HOA Amount: $1350 Annually
- Annual Tax Amount: $6,714
- Tax Year: 2024
- Lot: Cul-De-Sac, Wooded, Waterfront
- Year Built: 2015
- Living Area: 2,508 SqFt
- Lot Size: 2.27 Acres
- MLS Number: 2505847
- MLS Name: CDR
- Office Name: Realty87
- Office Phone: (319) 364-8121
- Office Email: southfrontdesk@realty87.com
- Listing Agent: Patricia O'Connell
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Copyright 2025 Cedar Rapids 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: 7/13/2025, 5:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 08, 2012 | Home Sold | $32,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $666,070 | $6,714 |
2023 | $666,070 | $6,948 |
2022 | $577,700 | $7,006 |
2021 | $545,000 | $6,476 |
History based on county public records data.
Nearby schools
9
Montezuma Elementary School
Public District PK-5
3.8 mi
•504 N 4th St
5
North Mahaska Elementary School
Public District PK-6
9.8 mi
•2163 135th St
7
Davis Elementary School
Public District 3-4
11.7 mi
•818 Hamilton Ave
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. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 140 Falcon Dr
The listing price of 140 Falcon Dr property is $900,000.
The property 140 Falcon Dr is a house located in Montezuma, Iowa, 50171.
Active Listing: 140 Falcon Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 Falcon Dr are: Montezuma Elementary School (GreatSchools Rating 9/10), North Mahaska Elementary School (GreatSchools Rating 5/10), Davis Elementary School (GreatSchools Rating 7/10), 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 $6,714 (source: MLS/based on county public records data).
The last sale was on October 8, 2012 for $32,000 (source: MLS/tax record).
The property at 140 Falcon Dr has 3 bedrooms and 3 full and 1 half bathrooms.
The property 140 Falcon Dr is 2,508 SqFt (source: MLS/tax record).
The year of construction for 140 Falcon Dr is 2015.
This home is located at 140 Falcon Dr in Montezuma, IA and zip code 50171. This 2,508 square foot home, which was built in 2015, sits on a 2.27 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $900,000.
In June 2025 more than 0 listings in Montezuma, IA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Montezuma, IA decreased by 35.7% between May and June 2025. While the average time on the market in June 2025 was 16 days, the median list price was $433,750.