UNDER CONTRACT
$385K PRICE DROP
5411 Lake Shore Dr Okoboji, IA 51355
Estimated payment $12,703/month
Total Views
30,789
2
Beds
1
Bath
1,038
Sq Ft
$2,013
Price per Sq Ft
Highlights
- Low Bank Waterfront Property
- Boat Slip
- Lake View
- Spirit Lake Elementary School Rated A-
- Open-Concept Dining Room
- Deck
About This Home
Location is everything—and this property delivers! Positioned on a deep lot along the coveted shores of Hayward’s Bay on West Lake Okoboji, this year-round cottage offers incredible lake access and endless views of crystal-clear blue waters. The flat approach to the shoreline makes lake days easy and enjoyable for all ages. Whether you’re building your dream home or enjoying the charm of the existing cottage, you’ll love the peaceful setting, fabulous sunsets, and unbeatable location in one of the lake’s most desirable bays.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,106
Year Built
- Built in 1935
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 50' x 295'
- Low Bank Waterfront Property
- Waterfront
Parking
- 1 Car Detached Garage
Home Design
- Cottage
- Frame Construction
- Wood Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,038 Sq Ft Home
- 1-Story Property
- Fireplace
- Open-Concept Dining Room
- Lake Views
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Boat Slip
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Hayward's Bay Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-12-476-021
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 | $15,106 | $1,642,300 | $1,510,400 | $131,900 |
| 2023 | $11,736 | $1,642,300 | $1,510,400 | $131,900 |
| 2022 | $11,150 | $1,041,500 | $944,000 | $97,500 |
| 2021 | $11,150 | $1,041,500 | $944,000 | $97,500 |
| 2020 | $10,400 | $941,800 | $849,600 | $92,200 |
| 2019 | $8,964 | $941,800 | $849,600 | $92,200 |
| 2018 | $8,812 | $790,200 | $708,000 | $82,200 |
| 2017 | $8,812 | $790,200 | $708,000 | $82,200 |
| 2016 | $8,490 | $752,000 | $672,600 | $79,400 |
| 2015 | $8,016 | $752,000 | $672,600 | $79,400 |
| 2014 | $8,068 | $734,800 | $665,500 | $69,300 |
| 2013 | $7,802 | $734,800 | $665,500 | $69,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $2,090,000 | -2.8% | $2,013 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $2,150,000 | -4.4% | $2,071 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $2,250,000 | -3.2% | $2,168 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $2,325,000 | -2.1% | $2,240 / Sq Ft |
| 03/05/2025 03/05/25 | Price Changed | $2,375,000 | -4.0% | $2,288 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $2,475,000 | -- | $2,384 / Sq Ft |
Source: Iowa Great Lakes Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,150,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,401,219 | Credit Line Revolving | |
| Closed | $1,720,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Unknown |
Source: Public Records
Similar Homes in Okoboji, IA
Source: Iowa Great Lakes Board of REALTORS®
MLS Number: 241279
APN: 06-12-476-021
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