Single Family Home $ 198,500

550 S SUMMIT DRIVE

Holts Summit, MO 65043

  • 2 Beds
  • 1 Bath
    Full Baths: 1
  • 1,256 SqFt
  • 1.1 Lot Size
  • 1948 Year Built
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.
Listed by Wolfe Realty

PROPERTY DETAIL

  • 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

  • Location

    State MO

    County Callaway

  • Rooms

    Basement None

    Bedroom 2 Main

    Living Room Main

    Kitchen Main true

  • Building

    Building Description Vinyl Siding, Other

    Story One

    Sewer Public Sewer

    Level or Stories One

    Structure Type Vinyl Siding

    New Construction No

  • Interior

    Heating Natural Gas, Forced Air, Electric

    Cooling Central Air, None

    Fireplace No

  • Exterior

    Parking Features Additional Parking

    View Y/N No

  • Others

    Acceptable Financing FHA, Cash, Conventional, Rural Development, VA Loan

    Listing Terms FHA, Cash, Conventional, Rural Development, VA Loan

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CONTACT

Suzanna Wolfe
Suzanna Wolfe

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