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2543 Drake Ln, Missoula, MT, 59803

5beds
3baths
3,322sqft
$1,125,000
$339price/sqft
$6,934/moest. monthly cost
$277,360/yrincome needed

About This Home

This beautiful home to be built by Edgell Building Inc. is a 5-bedroom 3 bath home with a finished walk-out basement, perfectly situated across from the 2-acre park in the desirable Invermere Subdivision. Resting on a spacious third of an acre lot with mature trees, this property offers just under 1,700 square feet on the main level and an additional 1,300+ square feet finished in the walkout lower level. The main level is open concept with a vaulted ceiling in the living room, gas fireplace, and large windows. The living room area flows into the adjoining dining and kitchen areas featuring solid surface countertops, a large island and a pantry. The composite deck with sleek metal railing, welcomes you outside to enjoy the sunsets. The primary suite includes a tray ceiling and a spacious ensuite. A functional laundry/mudroom connects directly to the oversized 3- car garage, offering over 800 square feet of space. Downstairs, the finished walk-out basement provides three bedrooms, another bathroom, a second living area, and ample storage. It opens onto a covered patio. A $20,000 landscaping credit is included in the price. The Invermere subdivision allows for shops and RV parking pads to accommodate Montana lifestyles. Buyer may choose finishes - certain selections may impact final price. Renderings are for illustrative purposes only, and as a conversation starter. Final price will be dependent upon finishes chosen, and building costs at time of construction. Builder will provide a one year home warranty.

Getting Around

1
WalkingCar-Dependent
20
TransitMinimal Transit
13
BikeSomewhat Bikeable

Schools

6/10
7/10
Sentinel High SchoolGrades 9-123.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Poured

Other

  • Builder name: Edgell Building, Inc

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Features

  • Main Level Primary,Vaulted Ceiling(s)
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 1,306

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,322 sqft

Property

Details

  • Parcel number: 04209212412070000
  • Special condition: Standard

Features

  • Patio & porch: Deck,Patio

Lot

  • Lot size: 0.32 Acres
  • Features: Back Yard,Front Yard

Parking

  • Total spaces: 3
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 WaveVery High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Winter Weather
Lightning
Wildfire

FEMA Declared Disasters in Missoula County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

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 $5,688$68,256
Home Insurance $287$3,444
Property Taxes $731$8,772
Electricity $228$2,737
Total$6,934$83,208

Income You'd Need if You Spent...

35% on housing$237,737/yr
40% on housing$208,020/yr
45% on housing$184,906/yr

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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$339This listing

vs Other Active Listings

Avg $/sqft

ZIP 59803$296
Missoula County$309

vs Homes Sold Last Month

Median $/sqft

ZIP 59803$259
Missoula County$310

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
2025-11-13Listed for sale$1,125,000
2025-10-01Listing removed$1,199,550
2024-09-30Listed for sale$1,199,550
2024-08-25Listing removed--
2024-03-25Listed for sale$1,199,550

New Construction

AgentMerriLee Valentine
BrokerageERA Lambros Real Estate Missoula

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