28

Montezuma, IA Homes for Sale under $500,000

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  • /24

    $325,000

    $50K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,464 Sq Ft

    112 Sunrise Ln, Montezuma, IA 50171

    Discover the potential of lake living in the desirable Lake Ponderosa neighborhood just outside Montezuma with 10 feet of lake access! Situated on over half an acre and just a stone's throw from the water, this property offers space, flexibility, and incredible value for anyone looking to enjoy the lake lifestyle. The open-concept main level creates an inviting layout perfect for everyday living

    Agent Photo

    Chris Kew

    RE/MAX Precision

    112 Sunrise Ln, Montezuma, IA 50171
  • /27

    $345,000

    • 2 Beds
    • 1 Bath
    • 924 Sq Ft

    276 Center Point Dr, Montezuma, IA 50171

    Lake front cabin on Lake Ponderosa with western views! Enjoy this great weekend getaway or use the lot to build your dream home. The cabin has been updated throughout the years and offers a very cozy, open atmosphere. There are two bedrooms and a full bathroom to complete the interior. The rear of the home offers a deck with gorgeous views of the west lake. There is also a firepit area and

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    276 Center Point Dr, Montezuma, IA 50171
  • /56

    $469,000

    • 3 Beds
    • 2 Baths
    • 2,171 Sq Ft

    345 Center Point Dr, Montezuma, IA 50171

    Needing a place to retreat to avoid the hustle and bustle? Consider this lake home at Lake Ponderosa, a popular 400 acre lake between Des Moines Metro and Iowa City known for boating, fishing and fun activities! This gorgeous, well maintained home overlooks the lake and is just a short walk to a secluded access area at the end of a quiet cove where you can enjoy 20’ of access – allowing for two

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    345 Center Point Dr, Montezuma, IA 50171
  • /22

    $209,000

    $6K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,329 Sq Ft

    201 N 9th St, Montezuma, IA 50171

    Fantastic, renovated ranch home in established neighborhood in Montezuma, Iowa. This home has seen a ton of updates from 2022 to 2025 - it's definitely a must see. The gorgeous exterior includes newer siding and windows with a great, level yard as a bonus. Once inside you'll notice the huge, open living room with newer flooring and trim throughout. A set of French doors leads out to the covered

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    201 N 9th St, Montezuma, IA 50171
  • /35

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,728 Sq Ft

    306 Meadow Lane Dr, Montezuma, IA 50171

    Wonderful ranch home in Montezuma’s Hallmark Addition just a short walk from the West Side Park and disc golf course! Along with attractive curb appeal, notice the large lot that overlooks a peaceful pasture beyond the large back yard. Inside your eyes are sure to gravitate to the new LVP flooring throughout the main level. The semi-open floor plan includes a large living room that flows into the

    Agent Photo

    Andy Erselius

    AE Realty, Inc

    306 Meadow Lane Dr, Montezuma, IA 50171
  • /23

    $320,000

    • 2 Beds
    • 2 Baths
    • 952 Sq Ft

    137 Horseshoe Dr, Montezuma, IA 50171

    Experience lake living at beautiful Lake Ponderosa with stunning unobstructed water views that feel just like true lakefront property. This turnkey getaway features an open-concept single-wide Manufactured home designed for comfortable lake life and easy entertaining.Enjoy your morning coffee or evening sunsets from the spacious covered front deck overlooking the lake. The home offers 2

    Patricia O'Connell Realty87

    137 Horseshoe Dr, Montezuma, IA 50171
  • /18

    $358,000

    • 3 Beds
    • 2 Baths
    • 927 Sq Ft

    101 Maple Rd, Montezuma, IA 50171

    Gather. Relax. Make memories. This updated, year-round Lake Ponderosa cabin is designed for bringing people together with a lower-level bunkroom and upper-level loft space. Whether it's a weekend at the lake, a family holiday, or a quiet evening, this cozy retreat offers the perfect blend of comfort, charm, and lake living. Inside, this 3-bedroom 2 -bathroom home you'll find a bright, open living

    Christina Behun Realty ONE Group Impact

    101 Maple Rd, Montezuma, IA 50171
  • /43

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,818 Sq Ft

    181 Center Point Dr, Montezuma, IA 50171

    Lake Ponderosa Lake View Retreat on 1.59 AcresEnjoy the perfect blend of privacy, space, and lake living in this beautifully maintained 3-bedroom, 2-bath home (one non-conforming bedroom). Situated on 1.59 wooded acres, this property offers exceptional privacy while providing convenient access to Lake Ponderosa with 19 feet of lake access just a short walk away.Inside, you’ll find a warm

    Patricia O'Connell Realty87

    181 Center Point Dr, Montezuma, IA 50171
  • /21

    $315,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    107 Elm Rd, Montezuma, IA 50171

    Lake View - 10 ft. of lake access. Ranch style 2-bedroom, 1 bath home with an open floor plan, deck, and 2 car garage. The home sits on a quiet road with no through traffic and is positioned on a hill overlooking the lake, offering a beautiful, elevated view with easy access to the lake right in front. The open layout with high, open ceilings creates a bright, welcoming flow through the kitchen,

    Sunni Kegebein AE Realty, Inc

    107 Elm Rd, Montezuma, IA 50171
  • /24

    $353,000

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,430 Sq Ft

    204 Eastside Ln, Montezuma, IA 50171

    Jump into lake life at an affordable price! This lakefront mobile home at Lake Ponderosa features 3 bedrooms, 2 bathrooms, and an open feel with the kitchen and living room to enjoy family. Then there is a bright, roomy four-season space that’s perfect for hanging out rain or shine that leads out to a screened in area and large deck. The flat lot makes outdoor fun easy, and the dock, lift, and

    Christina Behun Realty ONE Group Impact

    204 Eastside Ln, Montezuma, IA 50171
  • /12

    $230,000

    • 3 Beds
    • 2 Baths
    • 1,558 Sq Ft

    206 N High St, Montezuma, IA 50171

    This charming 11⁄2-story home in Montezuma offers small-town living with plenty of space inside and out. Featuring 3 bedrooms and 11⁄2 baths, the home combines character, comfort, and functionality for families or anyone looking for extra room to spread out. Situated on three spacious lots, the property provides an exceptional yard with endless possibilities for gardening, recreation, or future

    Joel Kercheval K-F-G Agency, Inc

    206 N High St, Montezuma, IA 50171
  • /37

    $239,000

    $46K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,759 Sq Ft

    304 W Main St, Montezuma, IA 50171

    Spacious. Welcoming. Updated. Three simple words that can not be argued about what this awesome property has to offer. Enter the home from the 3 stall attached garage, you are welcomed into the large kitchen boasting a spacious sit down island and ample cupboard space along with plenty of pantry storage. The kitchen flows nicely to a good sized deck, a sunroom with great views of the nice back

    Adam Snook Bryan Realty Inc

    304 W Main St, Montezuma, IA 50171
  • /32

    $479,999

    $18K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    160 Hillcrest Ridge, Montezuma, IA 50171

    Lake life at its best! This completely remodeled, low-maintenance lakefront retreat is the perfect weekend getaway or full-time escape. This furnished 2-bedroom, 1-bath home feels like a vacation destination from the moment you arrive. The home and included furnishings are set up to sleep 8 comfortably. Expansive lake views fill the home, creating the sensation that you're just steps from the

    Christina Behun Realty ONE Group Impact

    160 Hillcrest Ridge, Montezuma, IA 50171
  • /10

    $250,000

    • 3 Beds
    • 2 Baths
    • 1,740 Sq Ft

    106 N Grove St, Montezuma, IA 50171

    106 N Grove Street Montezuma offered for sale. This one owner home offers a corner double lot on a quiet street on the West side of town. You will enjoy the concrete drive, large sun room on the back side of the home as well as all the extra lower level space. The home offers 3 beds and 2 baths with more options for additional bedrooms in the lower level. Call for a tour!

    Connie Durr Patriot Realty

    106 N Grove St, Montezuma, IA 50171
  • /22

    $459,000

    $50K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 862 Sq Ft

    144 Center Point Dr, Montezuma, IA 50171

    144 Center Point Drive offered for sale at Lake Ponderosa. Lots of updates to this adorable lake front home. This is a perfect lake home getaway with the open floor plan making it feel so spacious, 2 bedrooms, 1 bath, beamed ceiling, ample parking, new furnace and central air, all spray foamed under belly in storage area, new lovely fire pit and gazebo at the lake, boat lifts and nice newer dock,

    Connie Durr Patriot Realty

    144 Center Point Dr, Montezuma, IA 50171
  • /17

    $475,000

    $100K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,282 Sq Ft

    255 Eastside Ln, Montezuma, IA 50171

    Price Improvement!!! You have to see this property to appreciate the charm and value of this home. Come take and look and bring us an offer! Located at Lake Ponderosa in Montezuma, Iowa, this charming 11⁄2-story log cabin offers the perfect blend of rustic character and lake living. Featuring 3 bedrooms and 2 bathrooms, the home showcases warm wood interiors, soaring ceilings, and stunning

    Joel Kercheval K-F-G Agency, Inc

    255 Eastside Ln, Montezuma, IA 50171
  • /36

    $200,000

    $5K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,078 Sq Ft

    203 E Dallas St, Montezuma, IA 50171

    Great opportunity to acquire a Ranch home in the heart of Montezuma! This home offers 5 bedrooms (2 non-conforming) and 2 full bathrooms. As you walk through the front door, you are met by a nice-sized living room that transitions into the kitchen. The kitchen showcases stainless steel appliances and painted cabinets with updated hardware. The living room, kitchen, hallway and main floor bathroom

    Bennett Wiltfang RE/MAX Partners Realty, Grinnell

    203 E Dallas St, Montezuma, IA 50171
  • /25

    $283,000

    $15K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,080 Sq Ft

    102 Lakeview Dr, Montezuma, IA 50171

    Lake Ponderosa living at its best. This 2-bedroom, 1-bath home offers just over 1,000 square feet of inviting living space with seamless indoor-outdoor flow. Enjoy time outside on your shaded deck just off the dining and living areas, or head down to your 20 feet of lake-access frontage with a sitting area and beach—perfect for relaxing or launching your favorite lake toys. One of the most

    Christina Behun Realty ONE Group Impact

    102 Lakeview Dr, Montezuma, IA 50171
  • /20

    $469,000

    $10K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft

    110 Cottage Ln, Montezuma, IA 50171

    110 Cottage Lane Lake Ponderosa offered for sale. This 4 bed, 2 bath ranch with a walkout finished lower level offers updated interiors, large yard, right off the paved road, steps to the lake and your boat lift, large detached garage and more. This is a must see home! Call to view.

    Connie Durr Patriot Realty

    110 Cottage Ln, Montezuma, IA 50171
  • /3

    $299,500

    • Land
    • 9,583 Sq Ft
    • $1,361,364 per Acre

    316 Hillcrest Ridge, Montezuma, IA 50171

    Build your own lake front home or use the lot as it is! This lakefront lot is located in an excellent location on the main channel of the East lake. The lot offers a blank slate with 60.80 ft. at the lake with a gentle slope to the water. Call for more information or walk the lot to see the lay of the land.

    Connie Durr Patriot Realty

    316 Hillcrest Ridge, Montezuma, IA 50171
  • /24

    $398,000

    • 2 Beds
    • 2 Baths
    • 1,698 Sq Ft

    109 Bramble Dr, Montezuma, IA 50171

    Enjoy lake living with a sense of privacy in this spacious Lake Ponderosa home. Set on nearly an acre, the property features two bedrooms, two bathrooms, and about 1,700 square feet of living space—offering flexibility for adding a third bedroom or creating a bunk room. You’ll have convenient 20-foot lake access with docks and lifts, with even a pontoon included all ideal for boating and water

    Christina Behun Realty ONE Group Impact

    109 Bramble Dr, Montezuma, IA 50171
  • /40

    $280,000

    • 5 Beds
    • 3 Baths
    • 3,015 Sq Ft

    205 W Jefferson St, Montezuma, IA 50171

    Welcome home to this spacious and beautifully maintained 5-bedroom, 3-bath, two-story home offering over 3,015 square feet of comfortable living space! Situated on a desirable double corner lot, this property provides plenty of room both inside and out. The inviting floor plan offers generous living areas, making it ideal for everyday living and entertaining. The oversized 3-car attached heated

    Raenelle Bryan Bryan Realty Inc

    205 W Jefferson St, Montezuma, IA 50171
  • /36

    $495,000

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 924 Sq Ft

    190 Center Point Dr, Montezuma, IA 50171

    This fully furnished 4-bedroom, 2.5 bath home sits directly on the water at Lake Ponderosa with 40 feet of private shoreline and private beach area. The main floor features a spacious primary suite with an ensuite bath and laundry, while the upper level offers three additional bedrooms and two bathrooms for family and guests. The three-season porch adds even more space to gather, relax, and enjoy

    Sunni Kegebein AE Realty, Inc

    190 Center Point Dr, Montezuma, IA 50171
  • /16

    $265,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft

    212 Cottage Ln, Montezuma, IA 50171

    NEW LISTING! 212 Cottage Lane Lake Ponderosa. This lakeview home is the perfect pathway to lake life. 3 bedrooms, 2 baths, just across from the lake with your insulated, heated man cave/garage all ready for you. Access and boat lift across the road with the home. $275,000

    Connie Durr Patriot Realty

    212 Cottage Ln, Montezuma, IA 50171
  • /39

    $315,000

    $7K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,016 Sq Ft

    317 Terrace Lane Dr, Montezuma, IA 50171

    Spacious Ranch on 3.5 Scenic Acres in Montezuma, 317 & 319 Terrace LnEnjoy the perfect blend of comfort, space, and nature with this beautifully maintained ranch home situated on 3.5 sprawling acres in the heart of Montezuma, Iowa. With over 2,000 square feet of finished living space, this home offers an open-concept layout designed for both everyday living and entertaining.The main level

    Patricia O'Connell Realty87

    317 Terrace Lane Dr, Montezuma, IA 50171
  • /12

    $388,000

    $10K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 1,408 Sq Ft

    104 Ivy Dr, Montezuma, IA 50171

    A spacious Lake Ponderosa home designed with so much space makes it perfect for multiple families, a large household, or hosting friends. Built in 2006 and offering 2816 finished square feet within this home has it all with 5 bedrooms, 3 bathrooms, and an over 1200 square foot garage ideal for storing all your lake toys. The nearly quarter acre lot features ample parking, a side deck off the

    Christina Behun Realty ONE Group Impact

    104 Ivy Dr, Montezuma, IA 50171
  • /16

    $245,000

    • 3 Beds
    • 2 Baths
    • 1,107 Sq Ft

    187 Horseshoe Dr, Montezuma, IA 50171

    187 Horseshoe Drive offered for sale at Lake Ponderosa. This 3 bed 2 bath home offers a large lot overlooking the lake with a 752 sq. ft. wrap around deck for all your outdoor living, a newer metal roof, and some nice updates to the interior. This home offers a very nice access slip with a shared dock in a great water area. This home is a great value!

    Connie Durr Patriot Realty

    187 Horseshoe Dr, Montezuma, IA 50171
  • /28

    $469,000

    $66K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    104 North Dr, Montezuma, IA 50171

    Enjoy all three of Lake Ponderosa’s most coveted features: a flat lot for an easy stroll to your boat, a quiet dead-end road for less traffic, and a beginning-of-cove location for calmer water while still enjoying great open views. This spacious 3-bedroom, 2-bathroom home offers comes completely furnished and has many updates including new roof, siding and gutters in 2023. Enjoy an open floor

    Christina Behun Realty ONE Group Impact

    104 North Dr, Montezuma, IA 50171
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