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About This Home

This 5-bedroom, 3-bathroom single family at 3905 Memory Lane in Waterloo, IA is listed for $625,000 ($167 per sqft). Built in 2003, the home offers 3,742 sqft of living space on a 3.71 acres lot.

Agent Description

Welcome to this exceptional raised ranch home offering space, privacy, and a truly one-of-a-kind setting. Built in 2003 and priced at $625,000, this well-maintained property features over 1,800 square feet of finished living space above grade, with an additional 1,500 square feet in the fully finished lower level.

The main floor boasts an open-concept living and dining area highlighted by a stunning double-sided fireplace, creating a warm and inviting atmosphere perfect for both everyday living and entertaining. You'll also appreciate the beautiful combination of oak, tile, and carpeted flooring throughout.

This level includes four spacious bedrooms, including a primary suite complete with a private bath, walk-in shower, and generous walk-in closet. A total of three bathrooms throughout the home provide convenience and comfort for both everyday living and guests.

The lower level adds even more versatility with a fifth bedroom and expansive additional living space. The home also features a convenient oversized two-stall attached garage, offering ample room for vehicles, storage, and hobbies. Situated on 3.7 acres, this property offers a rare opportunity to own your own private retreat.

Over 2 acres consist of a serene private lake/pond, perfect for relaxation, recreation, and enjoying nature. Enhancing the outdoor experience is a charming one-bedroom cabin located right on the water, complete with electrical service-ideal for a guest space, weekend getaway, or recreational use. This unique property combines the comforts of a spacious home with the tranquility of a private waterfront setting-truly a rare find.

Key Features

  • Built in 2003
  • 3.71 acre lot
  • Fireplace
  • Waterfront

Property Details

2 full
2003

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

3905 Memory Lane

Waterloo, IA 50701

Features & Amenities

Interior Features

Ceiling Fan(s)Ceiling Fan/Light

Exterior Features

FishingOutbuildingsDeck

Property Details

Construction

Vinyl Siding

Pool Features

Deck

Heating

Natural Gas

Cooling

Central AirCeiling Fan(s)

Appliances

Appliances NegotiableDishwasherGas Water HeaterWater Softener Owned

Questions & Answers

This 5-bedroom, 3-bathroom single family at 3905 Memory Lane is listed at $625,000 ($167/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.

Key features include: Built in 2003, 3.71 acre lot, Fireplace, Waterfront. Interior Features: Ceiling Fan(s), Ceiling Fan/Light. Exterior Features: Fishing, Outbuildings, Deck.

This property is listed by Rick Schmidt and can be reached at 3192311276 or ricks@realestateconcepts.net.

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RS

Rick Schmidt

Agent at RE/MAX Concepts - Cedar Falls

(319) 231-1276

Listed by RE/MAX Concepts - Cedar Falls

MLS# 20260813· Source: listhub· Updated 40 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.

3905 Memory Lane, Waterloo, IA 50701

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