207 Cottage Lane
Montezuma, IA, 50171 $ 634,900
Bedrooms3 Baths2.0 Sq 1,862 Monthly Estimate*
$ 3,961
for $634,900 with 3 bedrooms and 2 full baths. This 1,862 square foot home was built in 1970 on a lot size of 0.17.
Lakefront Living at Its Finest – Beautifully Updated Ponderosa Ranch Home! Experience the best of lake life in this stunning lakefront ranch home on the shores of Lake Ponderosa. Featuring over 1,800 sq ft of finished living space, this 3-bedroom, 2-bath home offers the perfect blend of comfort, charm, and modern updates—including brand-new vinyl siding on both the home and the detached garage for enhanced curb appeal and durability. Step through the back door and be immediately greeted by panoramic views of the peaceful east lake, with your very own 50 feet of private waterfront nestled in a quiet cove. The main level includes a spacious kitchen, dining area, laundry room, full bath, and the primary bedroom—all designed for convenient, one-level living. Head downstairs to the walkout basement, where you’ll find a cozy second living area with a wood-burning fireplace, two additional bedrooms, and a 3/4 bath—perfect for hosting guests or enjoying extra privacy. Step out onto the large screened-in patio to take in breathtaking views of the lake, rain or shine. In addition to the 2-car detached garage, there's a bonus under-garage space, ideal for a workshop, man cave, or extra storage for all your lake toys. Unwind around the brick firepit, fish off the floating dock, or lower your boat with the covered electric lift and head out for a day of boating, fishing, swimming, or simply floating in the sun. Lake Ponderosa is a 400-acre private lake community, located just over an
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FeaturesGeneralSewer Septic Tank
Heating Forced Air
Cooling Central Air
Roof Shingle
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer
Zoning Residential-Single Family
Garage Spaces 2
Architectural Style Ranch
Construction Materials Wood Siding
Year Built 1970
Property Subtype Single Family Residence
Tax Year 2023
Accessibility None
County Poweshiek
Property Type Residential
Contingency None
Full Baths 1
Status Active
Directions Take Diamond Trail Rd West to Sunrise Lane. Go North on Sunrise and then East onto Cottage lane.
Association Name MIR
Lot Size Units Acres
Lot Size Square Feet 7405
Tax Annual Amount 4954
Living Area Units Square Feet
Standard Status Active
Legal Description LAKE PONDEROSA UNIT 12 LOT 30
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InteriorBasement Walk-Out Access
Flooring Carpet Hardwood Tile
Total Fireplaces 1
Fireplace Y/N Y
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 864
Total Baths 2
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ExteriorParking Features Detached Garage
Water Source Shared System
Lot Dimensions 0
Lot Size Acres 0.17
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* Excluded FeaturesList ByShane TorresListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,961
- Monthly Property Taxes
- $413
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Montezuma, IA
Average List Price $447,852
Percent of Sale Price 29%
About Montezuma, IA 1,486 Population
7% Since 2002
$ 53,534 Median Income
41.52 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/31/2025 | $634,900 | -2.31% | Price Down |
| 7/16/2025 | $649,900 | -1.52% | Price Down |
| 6/10/2025 | $659,900 | | Listed Price |