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Listed by Suzanna Wolfe Wolfe Realty
$ 198,500
Est. payment /mo
New
550 S SUMMIT DRIVE Holts Summit, MO 65043
2 Beds
1 Bath
1,256 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,256 sqft
Price per Sqft $158
Subdivision Hibernia Heights
MLS Listing ID 10072787
Bedrooms 2
Full Baths 1
Year Built 1948
Annual Tax Amount $777
Tax Year 777
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Single Family Residence
Source Jefferson City Area Board of REALTORS®
Land Area 1256
Property Description
Multiple opportunities and an exceptional location for connectivity and convenience define this charming one-story residence offering true main-level living, ideally situated on just over an acre in the heart of Holts Summit. Positioned on a desirable corner lot, this well-located 2-bedroom, 1-bathroom home presents a thoughtfully designed layout featuring a spacious U-shaped kitchen with ample room for dining, flowing into an inviting open living area that encourages both comfortable everyday living and effortless entertaining. The utility and laundry room offers additional versatility and could easily function as a secondary gathering space, home office, or flex room depending on your needs.
Beyond its immediate livability, this property presents a compelling opportunity for investors, developers, and those seeking long-term portfolio growth. The expansive 1+acre parcel, with a significant portion consisting of open, level ground facing a paved cross street, creates strong potential for future improvements, expansion, or redevelopment. Whether considering the addition of accessory dwelling units, exploring multi-family development potential (subject to zoning and municipal approvals), or simply holding the property as a long-term investment in a steadily growing area, the flexibility of this tract is a notable asset. Its positioning and layout lend themselves well to both immediate rental income opportunities and strategic future use, making it attractive for buy-and-hold investors, builders, or those looking to capitalize on land value appreciation over time.
The home itself is complemented by an attached one-car garage and a private gravel driveway with additional parking capacity, while the surrounding acreage provides ample room for fencing, gardening, recreational use, or further building improvements. The location is particularly advantageous, offering multiple convenient access points to both Highway 54 and Highway 63, making regional travel, commuting, and business operations efficient and accessible. Situated approximately three miles from a wide range of Holts Summit amenities, residents enjoy close proximity to local favorites such as Donut Palace, Moser's Grocery Store, Taco Bell, Pizza Hut, Dos Primos Mexican Restaurant, McDonald's, Subway, Holts Summit Hardware LLC, and Dollar General. The property is also ideally positioned near key regional landmarks, including approximately 8miles to Jefferson City and the State Capitol,7miles to Missouri River access, less than1mile to North Elementary School,9miles to Lewis and Clark Middle School, and approximately33miles to downtown Columbia. Additionally, the proximity to major employment centers enhances both owner-occupant appeal and rental desirability, with nearby opportunities including St. Mary's Hospital, Unilever Home and Personal Care, Amcor, Quikrete, Hitachi Energy Ltd., Scholastic Inc., Ameren's Callaway Energy Center, Danuser, nVent Switchgear Systems, the Dollar General Distribution Center, EquipmentShare, and Veterans United Home Loans.
This property offers a rare combination of immediate usability, investment versatility, and long-term potential, all within a highly accessible and steadily developing location, making it an exceptional opportunity for homeowners, investors, and developers alike.
Beyond its immediate livability, this property presents a compelling opportunity for investors, developers, and those seeking long-term portfolio growth. The expansive 1+acre parcel, with a significant portion consisting of open, level ground facing a paved cross street, creates strong potential for future improvements, expansion, or redevelopment. Whether considering the addition of accessory dwelling units, exploring multi-family development potential (subject to zoning and municipal approvals), or simply holding the property as a long-term investment in a steadily growing area, the flexibility of this tract is a notable asset. Its positioning and layout lend themselves well to both immediate rental income opportunities and strategic future use, making it attractive for buy-and-hold investors, builders, or those looking to capitalize on land value appreciation over time.
The home itself is complemented by an attached one-car garage and a private gravel driveway with additional parking capacity, while the surrounding acreage provides ample room for fencing, gardening, recreational use, or further building improvements. The location is particularly advantageous, offering multiple convenient access points to both Highway 54 and Highway 63, making regional travel, commuting, and business operations efficient and accessible. Situated approximately three miles from a wide range of Holts Summit amenities, residents enjoy close proximity to local favorites such as Donut Palace, Moser's Grocery Store, Taco Bell, Pizza Hut, Dos Primos Mexican Restaurant, McDonald's, Subway, Holts Summit Hardware LLC, and Dollar General. The property is also ideally positioned near key regional landmarks, including approximately 8miles to Jefferson City and the State Capitol,7miles to Missouri River access, less than1mile to North Elementary School,9miles to Lewis and Clark Middle School, and approximately33miles to downtown Columbia. Additionally, the proximity to major employment centers enhances both owner-occupant appeal and rental desirability, with nearby opportunities including St. Mary's Hospital, Unilever Home and Personal Care, Amcor, Quikrete, Hitachi Energy Ltd., Scholastic Inc., Ameren's Callaway Energy Center, Danuser, nVent Switchgear Systems, the Dollar General Distribution Center, EquipmentShare, and Veterans United Home Loans.
This property offers a rare combination of immediate usability, investment versatility, and long-term potential, all within a highly accessible and steadily developing location, making it an exceptional opportunity for homeowners, investors, and developers alike.
Location
State MO
County Callaway
Rooms
Basement None
Bedroom 2 Main
Living Room Main
Kitchen Main true
Interior
Heating Natural Gas, Forced Air, Electric
Cooling Central Air, None
Fireplace No
Exterior
Parking Features Additional Parking
View Y/N No
Building
Building Description Vinyl Siding, Other
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Others
Acceptable Financing FHA, Cash, Conventional, Rural Development, VA Loan
Listing Terms FHA, Cash, Conventional, Rural Development, VA Loan
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