550 S Summit Drive Holts Summit, MO 65043
2 Beds
1 Bath
1,036 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,036 sqft
Price per Sqft $191
Subdivision Hibernia Heights
MLS Listing ID 132215
Bedrooms 2
Year Built 1948
Annual Tax Amount $777
Lot Size 1.100 Acres
Lot Dimensions 47,916.00
Source Heart of Missouri Board of REALTORS®
Property Description
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 approximately8miles 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
Community Hibernia Heights
Area 1.1
Zoning R-1
Direction From the intersection of S. Summit Drive and Center St. turn South onto S. Summit Drive, go approx. 3 miles to the property on the Right at the corner of W. Hillcrest Ave. Watch for sign. If you pass the fire station you went too far.
Rooms
Basement None
Kitchen Yes
Interior
Interior Features Eat-in Kitchen, Main Level Laundry, Master Downstairs, Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling 1 Unit, Central Air
Equipment Yes
Appliance Washer, Refrigerator, Dryer, Built-In Range
Laundry true
Exterior
Garage Spaces 1.0
Garage Description 1.0
Roof Type Shingle
Total Parking Spaces 1
Others
Tax ID 2507036020004001000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA
Listing Terms Cash, Conventional, FHA, USDA Loan, VA
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