Peaceful views and a beautifully designed home come together in this stunning 5 bedroom property, perfectly positioned along a quiet lake where you can enjoy fishing and the scenery right in your backyard.
From the moment you step into the foyer, you’re welcomed by a warm and inviting layout with a formal dining room that flows into the spacious living room, complete with built-ins and a cozy fireplace. The living area opens seamlessly into the kitchen, featuring a breakfast bar, breakfast nook, and access to the deck overlooking the water, the perfect spot to unwind.
The main level offers three bedrooms, including a spacious primary suite with a large walk-in closet and a well-appointed bathroom featuring a double vanity, soaking tub, and walk-in shower. You’ll also find a full bath, half bath, and convenient main floor laundry.
The walkout lower level is ideal for entertaining, featuring a large family room with a second fireplace, wet bar, theater room, two additional bedrooms, both with walk-in closets, two full bathrooms, and unfinished space for storage.
Step outside to enjoy both covered and uncovered patio areas, then walk down to your private dock and take in the peaceful setting. The lake is perfect for fishing and relaxing, adding to the home’s quiet, retreat-like feel. Residents also enjoy access to the neighborhood clubhouse.
Recent updates include deck and siding (2024), roof and HVAC (2022) and water heater (2021), Bosch Refrigerator (2023), Samsung Range / Dishwasher / Microwave (2018).
This home offers the space, layout, and setting to truly enjoy where you live.
Open House: Saturday, April 25th from 11 am - 1 pm
Closed
Street View
Listing Provided by: eXp Realty
Bought with: eXp Realty
$572,000
1008 W Fallen Lake Dr, Waterloo, IL 62298
5beds
4,003sqft
Single Family Residence
Built in 2004
0.45 Acres Lot
$571,800 Zestimate®
$143/sqft
$3,664 Estimated rent
Home value
$571,800
$537,000 - $606,000
$3,664/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceSecond fireplacePeaceful viewsHalf bathWell-appointed bathroomQuiet lakeDeck overlooking the water
Zillow last checked:
Listing updated:
Listing Provided by:
Monica Schmidt 618-567-9203,
eXp Realty
Bought with:
Monica Schmidt, 475172686
eXp Realty
Source: MARIS,MLS#: 26017065
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 225
- Dimensions: 15x15
Bedroom
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 120
- Dimensions: 10x12
Bedroom
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 156
- Dimensions: 13x12
Bedroom
- Features: Floor Covering: Carpeting
- Level: Lower
- Area: 143
- Dimensions: 11x13
Bedroom
- Features: Floor Covering: Carpeting
- Level: Lower
- Area: 242
- Dimensions: 22x11
Primary bathroom
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 132
- Dimensions: 11x12
Bathroom
- Description: Half Bathroom
- Features: Floor Covering: Laminate
- Level: Main
- Area: 28
- Dimensions: 7x4
Bathroom
- Level: Main
- Area: 50
- Dimensions: 10x5
Bathroom
- Level: Lower
- Area: 55
- Dimensions: 11x5
Breakfast room
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 156
- Dimensions: 13x12
Dining room
- Features: Floor Covering: Wood
- Level: Main
- Area: 132
- Dimensions: 12x11
Family room
- Features: Floor Covering: Luxury Vinyl Plank
- Level: Lower
- Area: 703
- Dimensions: 37x19
Kitchen
- Features: Floor Covering: Ceramic Tile
- Level: Main
- Area: 156
- Dimensions: 13x12
Laundry
- Level: Main
- Area: 35
- Dimensions: 5x7
Living room
- Features: Floor Covering: Wood
- Level: Main
- Area: 420
- Dimensions: 21x20
Media room
- Features: Floor Covering: Carpeting
- Level: Lower
- Area: 308
- Dimensions: 22x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Gas Oven, Gas Range, Refrigerator, Gas Water Heater
- Laundry: Main Level
Features
- Bookcases, Breakfast Bar, Double Vanity, Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Separate Dining, Separate Shower, Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Windows: Bay Window(s)
- Basement: Partially Finished,Full,Sleeping Area,Storage Space,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Basement, Family Room, Living Room, Stone, Wood Burning
Interior area
- Total structure area: 4,003
- Total interior livable area: 4,003 sqft
- Finished area above ground: 2,203
- Finished area below ground: 1,800
Property
Parking
- Total spaces: 3
- Parking features: Attached, Driveway, Garage, Garage Faces Front
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Dock
- Has view: Yes
- View description: Lake
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 0.45 Acres
- Features: Back Yard, Landscaped
Details
- Parcel number: 0726217073000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Stone Veneer, Vinyl Siding
Condition
- Year built: 2004
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Waterloo
- Subdivision: Westview Acres
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $200 annually
- Amenities included: Clubhouse, Common Ground, Lake
- Services included: Clubhouse, Common Area Maintenance
- Association name: Westview Acres
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Sold | $572,000+4%$143/sqft |
Source:  MARIS #26017065 Report a problem | ||
| 4/27/2026 | Contingent | $550,000$137/sqft |
Source: MARIS #26017065 Report a problem | ||
| 4/25/2026 | Listed for sale | $550,000+42.9%$137/sqft |
Source: MARIS #26017065 Report a problem | ||
| 11/16/2020 | Sold | $385,000+4.1%$96/sqft |
Source: MARIS #20073451 Report a problem | ||
| 10/13/2020 | Pending sale | $369,900$92/sqft |
Source: Century 21 Advantage #20073451 Report a problem | ||
| 10/7/2020 | Listed for sale | $369,900+26.5%$92/sqft |
Source: Century 21 Advantage #20073451 Report a problem | ||
| 3/7/2005 | Sold | $292,500$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,479 +14.5% | $141,320 +14% |
| 2023 | $7,404 +1.9% | $123,950 +3.2% |
| 2022 | $7,269 | $120,060 +7% |
| 2021 | -- | $112,230 +12.7% |
| 2020 | -- | $99,620 +3.1% |
| 2019 | -- | $96,640 +1% |
| 2018 | $5,751 | $95,710 +3.2% |
| 2017 | $5,751 | $92,699 +2.3% |
| 2016 | $5,751 -2.5% | $90,640 -4.4% |
| 2015 | $5,896 +3.4% | $94,860 -0.5% |
| 2014 | $5,703 | $95,310 +3.4% |
| 2012 | $5,703 | $92,190 -4.5% |
| 2011 | -- | $96,510 |
| 2010 | -- | $96,510 -2.6% |
| 2009 | -- | $99,120 +1.9% |
| 2008 | -- | $97,300 +3.9% |
| 2007 | -- | $93,650 |
Find assessor info on the county website
Neighborhood: 62298
Nearby schools
GreatSchools rating
- NAW J Zahnow Elementary SchoolGrades: PK-1Distance: 1.2 mi
- 7/10Waterloo Junior High SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Waterloo High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Waterloo Dist 5
- Middle: Waterloo Dist 5
- High: Waterloo
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$571,800
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Estimated market value
$571,800
- Illinois
- Monroe County
- Waterloo
- 62298
- 1008 W Fallen Lake Dr
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