$995,000
$100K PRICE DROP

5339 Panorama Terrace Panora, IA 50216

Estimated payment $6,365/month

Total Views 1,938
3 Beds
2 Baths
1,008 Sq Ft
$987 Price per Sq Ft

Highlights

  • Covered Deck
  • Ranch Style House
  • Security Service
  • Vaulted Ceiling
  • Tennis Courts
  • Fire Pit

About This Home

WATERFRONT! Wake up each morning on the main basin of Lake Panorama to sweeping water views and approx. 124 feet of private shoreline. Perfectly positioned for front-row views of the main basin at Lake Panorama and its endless sunsets. Sleek vertical deck railings frame the scenery, while a paved path leads to your private sandy beach, flagstone patio, and tiki bar with storage —a true lakeside entertainer’s dream. Inside, step into the vaulted great room where a towering wall of windows frames breathtaking lake views, complemented by a natural stone fireplace and custom built-ins that create a dramatic yet inviting space. Modern touches like LVT flooring, quartz countertops, and stainless steel appliances enhance the thoughtful updates throughout. The main level features two bedrooms with new carpet and a full bath, while the lower level offers a spacious family room with LVP flooring, an additional bedroom with new carpet, and a bath, along with access to the walkout covered deck—perfect for gatherings or quiet moments. Whether it’s sunlight dancing on the water, boat waves in the distance, or evenings gathered under the stars, this property captures the very best of Lake Panorama living.

Listing Agent

Kane Powell

Lake Panorama Realty Listed on: 03/17/2026

Co-Listing Agent

Denice Powell

Lake Panorama Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,726

Year Built

  • Built in 1994

Lot Details

  • 27,120 Sq Ft Lot
  • Lot Dimensions are 120x230
  • Irrigation
  • Property is zoned rr

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Dining Area
  • Partially Finished Basement
  • Walk-Out Basement
  • Washer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Outdoor Features

  • Covered Deck
  • Fire Pit
  • Outdoor Storage
  • Play Equipment

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0001874900

Community Details

Overview

  • Lake Panorama Association

Recreation

  • Tennis Courts
  • Community Playground
  • Snow Removal

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,726

Year Built

Built in 1994

Lot Details

0.62 Acres

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 987.10
  • Natl Assocof Home Builders: No
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood
  • Fireplaces: 1
  • Interior Amenities: Carpeting, LVP
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Partial Finished, Walkout
  • Dining Room: Dining Areas
  • Family Room: Lower Level
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1008
  • Total Sq Ft: 1008

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Children’s Play Set, Covered Deck, Deck, Exterior Storage Shed, Fire Pit, Irrigation
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: Septic
  • Water: Community
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Security Services, Snow Removal

Association/Amenities

  • Amenities: Children's Play Area, Tennis
  • HOA Name: Lake Panorama Association
  • Management Firm: Lake Panorama Association

Condo/Co-op/Association

  • Association Fee: 1925.5200
  • Association Fee Term: Year
  • Association Fee: Yes

Lot Info

  • Acres: 0.6200
  • Lot S F: 27120
  • Lot Size: 120X230
  • Assessor Parcel Number: 0001874900
  • Zoning: rr

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 10726.00
  • Net Taxes: 10726.00
  • Tax Year: 2024

MLS Schools

  • School District: Panorama Community

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $9,216 $791,500 $464,000 $327,500
2024 $9,216 $763,500 $464,000 $299,500
2023 $6,596 $763,500 $464,000 $299,500
2022 $6,530 $430,500 $264,500 $166,000
2021 $6,530 $430,500 $264,500 $166,000
2020 $5,854 $383,500 $220,400 $163,100
2019 $5,662 $0 $0 $0
2018 $4,704 $0 $0 $0
2017 $4,756 $0 $0 $0
2016 $4,756 $0 $0 $0
2015 $4,510 $305,782 $0 $0
2014 $4,650 $305,782 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 Price Changed $995,000 -9.1% $987 / Sq Ft
03/17/2026 03/17/26 For Sale $1,095,000 +36.0% $1,086 / Sq Ft
05/02/2022 05/02/22 Sold $805,000 +5.2% $799 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $765,000 +91.3% $759 / Sq Ft
06/29/2018 06/29/18 Sold $400,000 -5.9% $198 / Sq Ft View Prior Sale
06/29/2018 06/29/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $425,000 -- $211 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed $805,000 None Listed On Document
Warranty Deed $400,000 --
Warranty Deed $314,875 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $624,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 735958

Des Moines Area Association of REALTORS®

APN: 0001874900

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