5315 Panorama Terrace, Panora, IA 50216

• 4 beds |
• 3 baths |
• 1,422 sqft

Property Description

Set on 1.07 acres along beautiful Lake Panorama, this lakefront ranch was designed to maximize water views from nearly every room. With 4 bedrooms, spacious indoor & outdoor living areas, & direct waterfront frontage, this home captures the feel of a true lake retreat. Overlooking the lake’s main basin, it offers impressive open water views with no homes directly across the lake, creating rare privacy & unobstructed scenery. Floor-to-ceiling windows fill the main living spaces with natural light while framing lake views. Open-concept kitchen & living room feature a large breakfast island, fireplace, & access to the expansive deck with covered shade & open-air sun exposure. Private primary suite includes dual vanities & tub/shower setup. Large laundry/mudroom with exterior entrance is ideal for lake days, cleanup, & storage. Walkout lower level offers a spacious 2nd living area for game tables, movie nights, fitness space, or guests. A 3-seasons room connects directly to the patio & backyard, creating more outdoor living space. 2 additional bedrooms complete the lower level. Outside, enjoy your shoreline, peninsula with fire pit, & opportunities for boating, swimming, fishing, kayaking, & making lifelong memories at the lake. Convenient northeast side location with quick highway access & easy travel to the metro. Rare opportunity to own a premier waterfront property in one of Iowa’s most sought-after lake communities.

Listing Status:

Pending

Date Added:

May 27, 2026

Data Last Updated:

July 29, 2026 at 1:16AM

Listing Office:

Goodall Properties LLC : (515) 988-9309

Listing Agent:

Andrew Goodall : (515) 988-5522

MLS ID:

741693

Interior

• General: Dining AreaEat-in Kitchen
• Appliances: DryerDishwasherMicrowaveRefrigeratorStoveWasher
• Laundry: Main Level
• Basement: DaylightFinishedWalk-Out Access
• Flooring: Vinyl
• A/C: Central Air
• Heating: Forced AirGas
• Fireplace: FireplaceFireplaces: 1

Exterior

• General: DeckFire Pit
• Style: Ranch
• Other Structures: DeckCovered

Construction

• Roofing: AsphaltShingle
• General: Frame1Poured

Location

• Road/Access: Asphalt
• HOA Amenities: 1926.0Annually
• Originating MLS: DMAAR_DM
• School District: Panorama Community
• County: Guthrie

Lot

• Zoning: RLOT 1166 & PARCEL A OF LOT 1167 PLAT 26 LAKE PANORAMA SUBDIVISION0001873800

Utilities

• Water: Community/Coop
• Sewer: Septic Tank

Financial

• Source: DMAAR_DM