$40,000
$8K PRICE DROP

Estimated payment $260/month

Total Views 6,981
1 Bed
1 Bath
1,110 Sq Ft
$36 Price per Sq Ft

Highlights

  • Waterfront
  • Wooded Lot
  • Ranch Style House
  • Mount Vernon Middle School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

Tucked away in the peaceful Cedar River cabin community just south of Mount Vernon, this charming ranch-style getaway offers the perfect escape to relax, unwind, and enjoy nature. Built in 1950, this 1-bedroom, 1-bath home offers approximately 1,100 square feet with an open living area, vaulted ceilings, abundant natural light, and the warm character of natural wood throughout. LP gas heat in the living room area and central heat provided by the Drolet Wood Furnace keep you nice and cozy during the winter months. And yes, while the home could benefit from some TLC and updating, its solid bones provide the ideal canvas for someone looking to restore its charm and create a comfortable retreat. Outside, enjoy a cozy sitting area at the front of the home, a storage shed for your outdoor essentials, and room for off-street parking. Just moments from the Cedar River and surrounded by mature trees and abundant wildlife, this recreational property offers a peaceful setting to unplug and enjoy the outdoors while remaining a convenient drive to both Cedar Rapids, Iowa City and much more. Property on leased land, cash Only.

Listing Agent

Nicholas Gulick

Keller Williams Legacy Group Listed on: 07/15/2026

Keller Williams Legacy Group

Co-Listing Agent

Channing Smith

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Parking

  • 1 Parking Space

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 1,110 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed

Lot Details

  • Waterfront
  • Level Lot
  • Wooded Lot
  • Land Lease

Schools

  • Washington Elementary School
  • Mt Vernon Middle School
  • Mt Vernon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Private Water Source
  • Water Heater
  • Private or Community Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 172925100302040

Home Details

Home Type

Single Family

Year Built

Built in 1950

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 1110
  • Homebuilder: UNK
  • Owner Name L F Mi: Weiler
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Property is on leased land $1590 p/y renewed annually, CASH ONLY. Offer to be "subject to lease application approval by Property Management Company". Property is for recreational use only. Property being sold AS-IS, inspections for buyer informational purposes only. Please verify school districts. Please send offers to both listing agents. Please use DotLoop's easy offer link for a simple connection with contracts and pre-filled forms: https://www.dotloop.com/my/loop/p/8HOrKMRDDBQ?v=M58B2
  • Year Built: 1950
  • Directions: Ivanhoe Circle; not Ivanhoe Rd. From Hwy 1, turn SE onto Pitlik Dr/Cedar River Rd at 1st fork stay right onto Ivanhoe Circle, at 2nd fork stay left on Ivanhoe Circle, and at 3rd fork stay right on Ivanhoe Circle and property will be to right (south).
  • Amenities: None
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Vaulted Ceiling
  • Kitchen Breakfast R: Island
  • Lot Description R: Leased Land, Level, Waterfront, Wooded
  • Possession R: Negotiable, At Closing
  • Possible Finance R: Cash
  • Stories Style R: 1 Story, Ranch
  • Remarks2: Tucked away in the peaceful Cedar River cabin community just south of Mount Vernon, this charming ranch-style getaway offers the perfect escape to relax, unwind, and enjoy nature. Built in 1950, this 1-bedroom, 1-bath home offers approximately 1,100 square feet with an open living area, vaulted ceilings, abundant natural light, and the warm character of natural wood throughout. LP gas heat in the living room area and central heat provided by the Drolet Wood Furnace keep you nice and cozy during the winter months. And yes, while the home could benefit from some TLC and updating, its solid bones provide the ideal canvas for someone looking to restore its charm and create a comfortable retreat. Outside, enjoy a cozy sitting area at the front of the home, a storage shed for your outdoor essentials, and room for off-street parking. Just moments from the Cedar River and surrounded by mature trees and abundant wildlife, this recreational property offers a peaceful setting to unplug and enjoy the outdoors while remaining a convenient drive to both Cedar Rapids, Iowa City and much more. Property on leased land, cash Only.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Main: 1
  • Sq Ft Above: 1110
  • Total Full Baths: 1
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Kitchen Level: Main
  • Living Room Level: Main
  • Laundry Location: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Shed

Garage/Parking

  • Parking Spaces: 1 Car, 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Private Water, Private Septic, Water Heater
  • Heating Cooling: Ceiling Fans, Window/Wall Units, Propane, Other Heating, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Mt Vernon
  • Jr Middle School: Mt Vernon
  • Elementary School: Washington

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 172925100302040

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,333 $274,400 $46,800 $227,600
2024 $1,251 $244,500 $46,800 $197,700
2023 $1,237 $236,900 $46,800 $190,100
2022 $1,392 $234,200 $52,900 $181,300
2021 $1,217 $211,000 $52,900 $158,100
2020 $1,091 $206,500 $52,900 $153,600
2019 $1,004 $203,400 $52,900 $150,500
2018 $1,124 $203,000 $52,900 $150,100
2017 $1,013 $196,300 $52,900 $143,400
2016 $986 $200,300 $52,900 $147,400
2014 $923 $195,300 $52,900 $142,400
2013 $923 $193,800 $52,900 $140,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 Price Changed $40,000 -16.7% $36 / Sq Ft
07/15/2026 07/15/26 For Sale $48,000 -- $43 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202604449

Iowa City Area Association of REALTORS®
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