• Active
  • NEWLY PRICED
  • Luxury
  • Pending
  • Rental
  • New Listing 09/30/2016
  • Open House 

5075 Karen Drive, Panora, IA 50216

  • 1Beds
  • 1Baths
  • 13,440 Sqft
  • $16,000

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Details

  • Listing ID: 526497
  • Builder:
  • Development:
  • County: Guthrie
  • Style: See Remarks
  • Year Built: 1980
  • New Construction: No
  • Home Warranty: No
  • Property Class: Condo-Townhome
  • School District: Panorama Community

Property Description


This is one room in a 27 room hotel that is on a private lake community that has a championship golf course. You would own one unit, and would get 14 days for personal use, the rest of the time it must be available for rental. This is a hotel unit at Lake Panorama National. As an owner, you have access to use the unit for 14 days per year. You do get lake privileges while you are staying in the hotel, but you still have to buy a boat sticker ($125.00). You can use the beaches and the lake on those 14 days only. The rest of the time the hotel room will be put in the rental program through the Lake Panorama National and will be rented out. The LPN takes care of the unit, cleaning and maintenance which you pay for as part of the expenses. After expenses are paid, the net profits would be paid to you. Contact listing firm for more information.

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property alerts

  • For more information on this property, call Berkshire Hathaway HomeServices First Realty at (515) 453-7107

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  • Property type : Condo-Townhome
  • Status : Active
  • MLS# 526497
  • List price is $16,000
  • Beds : 1
  • Baths : 1 (1 full)
  • Built in 1980
  • 13,440 sqft
  • Stories
  • County : Guthrie
  • Acres0.0680
  • Addl Green Features YN0
  • Assn Fee86.8800
  • Assn Fee TermMonth
  • Assn Fee YN1
  • Baths Full1
  • Baths Half0
  • Beds Level 11
  • DirectionsFrom Casey's General Store Panora, IA depart onto NE 3rd St toward east market St. for 1.8 miles, bear left onto 200th Rd for .9 miles, turn left onto Panorama Drive for .3 miles, turn right to stay on Panorama Drive for .2 miles, turn right onto Clover Ridge Rd for .1 miles, turn left onto Karen Drive for 522 ft. Arrive at 5075 Karen Drive.
  • ExteriorMetal Siding
  • FB 1 St1
  • Geo Solar Thermal YN0
  • Gross Taxes278.00
  • HOA NameLPA
  • IDX Opt In YN1
  • Living Area Sq Ft13440
  • Lot SF2962
  • Net Taxes278.00
  • Partial Bath Total0
  • RemarksThis is one room in a 27 room hotel that is on a private lake community that has a championship golf course. You would own one unit, and would get 14 days for personal use, the rest of the time it must be available for rental. This is a hotel unit at Lake Panorama National. As an owner, you have access to use the unit for 14 days per year. You do get lake privileges while you are staying in the hotel, but you still have to buy a boat sticker ($125.00). You can use the beaches and the lake on those 14 days only. The rest of the time the hotel room will be put in the rental program through the Lake Panorama National and will be rented out. The LPN takes care of the unit, cleaning and maintenance which you pay for as part of the expenses. After expenses are paid, the net profits would be paid to you. Contact listing firm for more information.
  • School DistrictPanorama Community
  • Sq Ft Total13440
  • StyleSee Remarks
  • Terms AvailableCash, Conventional
  • Year Built1980
  • Bedrooms
  •  
    • 0
    • 0
    • 0
    • 1
    • 0
    • 0
    • 1
  • Bathrooms
  • Full
  • Partial
  • Half
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 1
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 1
    • 0
    • 0

Structure

  • ExteriorMetal Siding
  • Development

Size & Lot

  • Lot SF2962
  • Acres0.07
  • Above Grade SF13440
  • Total Finished SF13440

Utilities

Tax & Terms Information

  • Gross Taxes$278
  • Net Taxes$278
  • Terms AvailableCash, Conventional

Directions

  • From Casey's General Store Panora, IA depart onto NE 3rd St toward east market St. for 1.8 miles, bear left onto 200th Rd for .9 miles, turn left onto Panorama Drive for .3 miles, turn right to stay on Panorama Drive for .2 miles, turn right onto Clover Ridge Rd for .1 miles, turn left onto Karen Drive for 522 ft. Arrive at 5075 Karen Drive.

Association Fees

  • $86.88 per month

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Walking Score

Walk Score

/100

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/100

Nearby Schools

panorama high school 9-12
701 West Main, Panora, IA 50216
panora, IA 50216
place1.40 miles from listing web Website
staff members 235 total students Poverty level: percent Enrollment change:
panorama middle school 6-8
701 West Main, Panora, IA 50216
panora, IA 50216
place1.40 miles from listing web Website
staff members 171 total students Poverty level: percent Enrollment change:
panorama elementary school pk-5
401 Panther Dr, Panora, IA 50216
panora, IA 50216
place1.20 miles from listing web Website
staff members 344 total students Poverty level: percent Enrollment change:
Listing courtesy of:  Lake Panorama Realty
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