140 Falcon Dr Montezuma, IA 50171
Estimated payment $5,577/month
Total Views
1,492
3
Beds
3.5
Baths
2,508
Sq Ft
$359
Price per Sq Ft
Highlights
- Waterfront
- Wooded Lot
- Ranch Style House
- Recreation Room
- Vaulted Ceiling
- 2 Car Detached Garage
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,714
Year Built
- Built in 2015
Lot Details
- 2.27 Acre Lot
- Waterfront
- Cul-De-Sac
- Fenced
- Wooded Lot
HOA Fees
- $113 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Carport
- Garage Door Opener
- Guest Parking
Home Design
- Ranch Style House
- Poured Concrete
- Frame Construction
- Log Siding
- Stone
Interior Spaces
- Vaulted Ceiling
- Wood Burning Fireplace
- Family Room with Fireplace
- Combination Kitchen and Dining Room
- Recreation Room
- Partial Basement
- Home Security System
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Montezuma Elementary And Middle School
- Montezuma High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener is Owned
Community Details
- Built by Precision Craft
Listing and Financial Details
- Assessor Parcel Number 3520300
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,714 | $666,070 | $111,880 | $554,190 |
| 2023 | $6,948 | $666,070 | $111,880 | $554,190 |
| 2022 | $7,006 | $577,700 | $93,400 | $484,300 |
| 2021 | $7,006 | $545,000 | $88,110 | $456,890 |
| 2020 | $6,364 | $490,110 | $88,110 | $402,000 |
| 2019 | $6,092 | $490,110 | $88,110 | $402,000 |
| 2018 | $6,016 | $454,710 | $88,110 | $366,600 |
| 2017 | $5,320 | $454,710 | $88,110 | $366,600 |
| 2016 | $2,320 | $402,190 | $72,470 | $329,720 |
| 2015 | -- | $177,830 | $72,470 | $105,360 |
| 2014 | -- | $132,030 | $72,470 | $59,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | For Sale | $900,000 | -- | $359 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $32,000 | None Available |
Source: Public Records
Similar Homes in Montezuma, IA
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2505847
APN: 630-3520300
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