Skip To Content

8114 Lakeshore Drive

Dexter, IA 50070
  • $719,900
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 656556
Price Reduced
UPDATED: 28 min ago
$719,900
  • 5
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,712
    SQFT
  • $265
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:
Area:

School Ratings & Info

School District:

Description

This is a unique opportunity to own a million-dollar lake-home for a fraction of that cost! The owner desires to keep the lower level of this house as his summer recreational home. The buyer would form a company with the builder and would own the upper two floors as pictured. Access to each owned area is from outside, and there are no shared common spaces besides the garage for parking. Property taxes, utilities, HOA dues and maintenance would be shared costs, spilt 1/3 and 2/3 respectively, with the builder responsible for 1/3 of those costs (the finished basement level is about 1/3 of the total square footage). The builders family are recreational users only, essentially weekends in the summer. Both parties would have their own dock and designated parking. The operating agreement of the newly formed company would designate the rights of each owner, including a buy-sell clause for liquidating or selling their respective ownership. These details would be established before closing.

Monthly Payment Calculator

© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2022-09-29T22:21:58.76.
www.penniecarroll.com/homes/131037194
Print Image

8114 Lakeshore Drive Dexter, IA 50070

  • Price: $719,900
  • Status: Active
  • On Site: 71 Days
  • Updated: 28 min ago
  • MLS #: 656556
5
Beds
4
Baths
0
½ Baths
0.17
Acres
2,712
SQFT
$265
$/SQFT
2006
Built
Neighborhood:
Dexter
County:
Guthrie
Area:
Dexter
School District:
West Central Valley
Property Description
This is a unique opportunity to own a million-dollar lake-home for a fraction of that cost! The owner desires to keep the lower level of this house as his summer recreational home. The buyer would form a company with the builder and would own the upper two floors as pictured. Access to each owned area is from outside, and there are no shared common spaces besides the garage for parking. Property taxes, utilities, HOA dues and maintenance would be shared costs, spilt 1/3 and 2/3 respectively, with the builder responsible for 1/3 of those costs (the finished basement level is about 1/3 of the total square footage). The builders family are recreational users only, essentially weekends in the summer. Both parties would have their own dock and designated parking. The operating agreement of the newly formed company would designate the rights of each owner, including a buy-sell clause for liquidating or selling their respective ownership. These details would be established before closing.
Exterior Features

Architectural Style One And One Half Story Attached Garage YN Yes Construction Materials FrameWood Siding Exterior Features Deck Foundation Details Poured Garage YN Yes Levels One And One Half Parking Features AttachedGarage Patio And Porch Features CoveredDeck Road Surface Type Asphalt Roof AsphaltShingle

Interior Features

Appliances DishwasherMicrowaveRefrigerator Basement Partially Finished Below Grade Finished Area 1500 Cooling Central Air Cooling YN Yes Fireplace Features Gas Log Fireplace YN Yes Fireplaces Total 1 Flooring CarpetHardwoodLaminate Heating Propane Heating YN Yes Interior Features Separate/Formal Dining Room Main Level Bedrooms 1

Property Features

Association Fee 100 Association Fee Frequency Monthly Home Warranty YN No Lease Considered YN No Listing Terms CashConventionalFhaVa Loan Lot Features Rectangular Lot Lot Size Dimensions 50X145 Property Sub Type Residential Property Sub Type Additional Residential Security Features Smoke Detector(S) Sewer Public Sewer Tax Annual Amount 2840 Water Source Public Zoning Res

Listing provided courtesy of Coldwell Banker Mid America: (515) 270-5252. © 2022 Des Moines Multiple Listing Service.
© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2022-09-29T22:21:58.76.
 
https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_656556-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_656556-2.jpg https://bt-photos.global.ssl.fastly.net/desmoines/orig_boomver_1_656556-2.jpg
Logo
Pennie Carroll & Associates
3232 Hubbell Ave
Des Moines IA, 50317