3905 Memory Lane, Waterloo, IA 50701

• 5 beds |
• 3 baths |
• 1,871 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 12:21AM

Listing Office:

RE/MAX Concepts - Cedar Falls : 319-266-7100

Listing Agent:

Rick Schmidt :

MLS ID:

20260813

Interior

• General: Ceiling Fan(s)Ceiling Fan/Light
• Appliances: Appliances NegotiableDishwasherGas Water HeaterWater Softener Owned
• Laundry: 1st FloorLaundry Room
• Basement: ConcretePartially Finished
• A/C: Ceiling Fan(s)Central Air
• Heating: Natural Gas
• Fireplace: Gas

Exterior

• General: FishingOutbuildings
• Parking: 2 Stall

Construction

• Roofing: Asphalt
• General: Ranch

Location

• Road/Access: Hard Surface Road
• HOA Amenities: 0.0N/A
• Originating MLS: neirbr
• County: Black Hawk

Lot

• Zoning: R-1See Abstract881218328004
• Fencing: Fenced

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: neirbr