16 days on rocket

2531 Drake Ln, Missoula, MT, 59803

$965,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,952 SqFt
$494/SqFt
House

Location

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2531 Drake Ln, Missoula$965,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year BuiltNew Const., 2024
BasementYes
MLS #30035821
Lot Size0.39 Acres
StatusActive

About 2531 Drake Ln

New zero entry one level home to be built on a fantastic lot. At 16,000+ sq ft the lot is big enough to provide elbow room but not to large to maintain. If you are not familiar with Drake Lane check it out as this final phase III is one of the best neighborhoods in Missoula. It is a cul de sac so no through traffic and all the new homes are very nice. Note the covenants allow parking pads and a boat or RV to be parked on site year round. Edgell Building is a local premier builder with a long standing reputation in Missoula and has built over 20 homes in this neighborhood. The house features a great one level plan with 3 bedrooms, 2 full bathrooms plus a powder room. The 3 car garage is 937 sf and the 3rd bay is extra long for big vehicles or shop/storage space. The rendering is an example only and style/colors could be changed. The footprint is set as it is submitted for permits. Note cash buyers could same up to 15K as the builder would not have to pay interest to build. Early buyers can choose interior finishes and colors. Proper allowances for all items are in place. Final price could go up or down depending if a buyer stays under or goes over allowances. Note landscaping is not included by the builder which saves a buyer $$ due to the builder not having to oversee it. The builder can provide good recommendations for landscapers. The full set of plans is available for serious buyers to review.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2024
  • Living Area: 1,952 SqFt

Listing Office:

  • Office Name: Keller Williams Western MT
  • Office Phone: (406) 926-3434
  • Listing Agent: K.C. Hart

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Other

Directions Information:

  • Directions: Miller cr to Carla Jo to Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $965,000
  • Price Per SqFt: $494/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Missoula, MT.

Med. Sold Price

$552.6K

Med. Price/SqFt

$303

Avg. Days On Market

67

# of Sold Homes

92

2531 Drake Ln vs Missoula

16 DAYS ON ROCKET

-51 Days

$965,000

+$412.3K More

$494/SqFt

+$191 More

KEY TAKEAWAY

This property is $412.3K more than the Median Sold Price and $191/SqFt more than other homes in Missoula, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30035821

Listing Office:

  • Office Name: Keller Williams Western MT
  • Office Phone: (406) 926-3434
  • Listing Agent: K.C. Hart

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,896

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,960

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-778748
5
/10
  • Chief Charlo Elementary School

  • 5600 Longview Dr

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-778749
7
/10
  • Jeannette Rankin Elementary School

  • 2625 Briggs St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-778750
7
/10
  • Russell Elementary School

  • 3216 S Russell St

  • 2.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,216. The majority of Missoula, MT residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2531 Drake Ln

What is the listing price of this property?

The listing price of 2531 Drake Ln property is $965,000.

What type of property is this?

The property 2531 Drake Ln is a house located in Missoula, Montana, 59803.

Is this property for sale now?

Active Listing: 2531 Drake Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2531 Drake Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 2531 Drake Ln is 1,952 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2531 Drake Ln is 2024.

Rocket Homes›Montana›Missoula County›Missoula›59803›2531 Drake Ln

This home is located at 2531 Drake Ln in Missoula, MT and zip code 59803 in the Miller Creek neighborhood. This 1,952 square foot home, which was built in 2024, sits on a 0.39 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $965,000.

In October 2024, from all listings sold in Missoula, MT there were more than 19 sold above asking price, over 59 sold below and more than 14 were sold right at the asked price. In October 2024 in Missoula, MT there were 0.2% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $552,616, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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