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About This Home

This 6-bedroom, 2-bathroom single family at 11 Silver Lake Drive in Waterloo, IA is listed for $412,000 ($116 per sqft). Built in 1971, the home offers 3,539 sqft of living space on a 2.24 acres lot.

Agent Description

Set on 2.4 acres in the Silver Lake neighborhood, this nicely updated 6 bedroom, 2 bath home offers an ideal combination of space, setting, and amenities. The home features a comfortable, functional layout with generous living areas and tasteful updates throughout, providing plenty of room for family and guests.

Outside, the property is equally impressive with 4 garage stalls plus additional outbuildings for storage or hobbies, a pool for summer enjoyment, space for gardening, and expansive yard space. As part of the neighborhood HOA, you'll also enjoy access to the stocked pond for fishing, as well as tennis and basketball courts.

Seller has consulted with a surveyor and believes it may be possible to revise the property's floodplain designation (potentially from the 100-year to the 500-year floodplain) through a LOMA, pending completion of a formal survey and FEMA review. The seller also owns two adjoining parcels that can be purchased separately: 1.65 acres and 32.1 acres that borders the property, providing additional space and nearby opportunities for hunting.

This is a rare Waterloo acreage that's move-in ready and delivers both a great house and land.

Key Features

  • Built in 1971
  • 2.24 acre lot
  • Fireplace

Property Details

2 full
1971

Amenities

FireplaceA/C

Monthly Cost Estimate

$2,303/mo

20% down · 6.5% · 30 years

Principal$298
Interest$1,785
Insurance$120
HOA$100

Estimates only. Actual payments may vary.

Location

11 Silver Lake Drive

Waterloo, IA 50702

Features & Amenities

Interior Features

Vaulted Ceiling(s)

Exterior Features

OutbuildingsDeckCoveredPatio

Property Details

Construction

Vinyl Siding

Pool Features

DeckPatio

Parking

Garage - DetachedOversizeGarage - Attached

Heating

Forced Air

Cooling

Central Air

Appliances

Appliances NegotiableDishwasherFree-Standing RangeGas Water Heater

Questions & Answers

This 6-bedroom, 2-bathroom single family at 11 Silver Lake Drive is listed at $412,000 ($116/sqft). The estimated monthly payment is $1,885 based on 20% down at 6.5% interest.

HOA fees are $100/month.

Key features include: Built in 1971, 2.24 acre lot, Fireplace. Interior Features: Vaulted Ceiling(s). Exterior Features: Outbuildings, Deck, Covered.

This property is listed by Andrew Schoof and can be reached at 3192397805 or andrew.schoof@gmail.com.

AS

Andrew Schoof

Agent at Structure Real Estate

(319) 239-7805

Listed by Structure Real Estate

MLS# 20255441· Source: listhub· Updated 156 days ago

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11 Silver Lake Drive, Waterloo, IA 50702

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