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550 S Summit Dr, Holts Summit, MO, 65043

2beds
1baths
1,256sqft
$185,000
$147price/sqft
$1,292/moest. monthly cost
$51,680/yrincome needed

About This Home

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.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
North Elementary SchoolGrades K-50.7 mi
7/10
4/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1948

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dryer,Refrigerator,Washer

Basement

  • Basement: None

Bedroom2

  • Level: Main
  • Area: 86.9786
  • Dimensions: 8.42 x 10.33

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,Electric
  • Cooling features: Central Air,None

Interior Area

  • Total structure area: 1,256
  • Total interior livable area: 1,256 sqft

Kitchen

  • Level: Main
  • Area: 102.2514
  • Dimensions: 8.83 x 11.58

Laundry

  • Level: Main
  • Area: 181.935
  • Dimensions: 9.75 x 18.66

Living Room

  • Level: Main
  • Area: 239.5361
  • Dimensions: 18.67 x 12.83

Other

  • Level: Main
  • Area: 185.2064
  • Dimensions: 9.92 x 18.67

Primary Bathroom

  • Level: Main
  • Area: 144.8986
  • Dimensions: 13.58 x 10.67

Property

Details

  • Parcel number: 2507036020004001000

Features

  • Levels: One

Lot

  • Lot size: 1.10 Acres
  • Lot size dimensions: 47,916.00

Parking

  • Parking features: Additional Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm
Landslide
Tornado

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $935$11,220
Home Insurance *$115$1,380
Property Taxes $101$1,212
Electricity $141$1,693
Total$1,292$15,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,297/yr
40% on housing$38,760/yr
45% on housing$34,453/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.1%
2.1%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 65043$159
Callaway County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 65043$172
Callaway County$183

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$198,500

For Sale by Agent

AgentSuzanna Wolfe
BrokerageWolfe Realty

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