For sale

$440,000

278 Lakeview Dr, Mason City, IA 50401

4beds

3baths

4,784sqft

$3,103/mo

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Single Family Residence

Built in 1965

1.11 Acres Lot

$423,800 Zestimate^®

$92/sqft

$29/mo HOA

What's special

Landscape retaining wall

LAKE LIVING WITH ROOM TO MAKE IT UNIQUELY YOURS! Stunning lake views can be enjoyed from every east-facing room in the home, creating a peaceful backdrop throughout the living spaces. With three separate access points leading directly to the backyard, indoor and outdoor living blend seamlessly for easy entertaining and everyday enjoyment. Recent updates and thoughtful extras add even more appeal to this lake view property! The roof is approximately 5 years old, along with the patio, dock, and landscape retaining wall. The heated and cooled workshop off the garage provides excellent space for storage and projects, and the security system adds additional peace of mind. Packed with potential, this lake view property offers the perfect opportunity to add your own style and create a space that truly feels like home. Come see the possibilities and picture your next chapter by the water! *PRICED BELOW ASSESSED VALUE - HOME SOLD AS-IS*

87 days

789

23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Main level bathrooms: 2

Bedroom 1

Description: Double Closet
Level: Upper
Area: 352
Dimensions: 22 x 16

Bedroom 2

Description: 3/4 Bath & Dbl closet
Level: Upper
Area: 196
Dimensions: 14 x 14

Bedroom 3

Description: Double closet
Level: Upper
Area: 196
Dimensions: 14 x 14

Bedroom 4

Description: Double closet
Level: Upper
Area: 120
Dimensions: 12 x 10

Primary bathroom

Features: Master Bath, Master Bath Shower

Bathroom 1

Features: Separate Shower, Shower, Tub

Dining room

Features: Formal Dining
Level: Main
Area: 168
Dimensions: 14 x 12

Family room

Level: Main
Area: 420
Dimensions: 30 x 14

Kitchen

Description: Appliances stay
Level: Main
Area: 240
Dimensions: 24 x 10

Living room

Description: WB FP/Wet Bar/Patio Door
Level: Main
Area: 528
Dimensions: 24 x 22

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Water Softener Owned

Features

Built-in Features, Cedar Closet(s), Ceiling Fan(s), Natural Wood, Wet Bar
Flooring: Ceramic Tile, Vinyl, Wood, Carpet
Windows: Double Hung, Thermal, Skylight(s)
Basement: Sump Pump
Number of fireplaces: 1
Fireplace features: One, Wood Burning

Interior area

Total structure area: 4,784
Total interior livable area: 4,784 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener, Heated Garage, Workshop in Garage, Concrete
Attached garage spaces: 2

Features

Levels: Multi/Split
Patio & porch: Patio
Exterior features: Storage
On waterfront: Yes
Waterfront features: Waterfront

Lot

Size: 1.11 Acres
Dimensions: 146 x 332

Details

Additional structures: Storage
Parcel number: 070820200800
Zoning description: Z2 - Sub-Urban District

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Block
Roof: Asphalt

Condition

Year built: 1965

Utilities & green energy

Sewer: CITY
Water: Public

Community & HOA

Community

Security: Security System, Smoke Detector(s)
Subdivision: IA

HOA

Has HOA: Yes
HOA fee: $350 annually

Location

Region: Mason City

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $547,830
Annual tax amount: $8,514
Date on market: 5/15/2026

Estimated market value

$423,800

$403,000 - $445,000

$2,753/mo

Price history

Date	Event	Price
5/15/2026	Listed for sale	$440,000$92/sqft
Source: Greater Mason BOR #260339 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,482 -14.4%	$507,040
2023	$8,742 -3.4%	$507,040 +11.7%
2022	$9,050 +2%	$453,880 +2.4%
2021	$8,876 +8.9%	$443,180 +7.4%
2020	$8,154	$412,710
2019	$8,154	$412,710 +3.4%
2018	--	$399,000
2017	$7,146 +0.2%	--
2016	$7,134	--
2015	$7,134 -12.7%	--
2014	$8,168 +4%	--
2013	$7,856 +8.7%	--
2012	$7,226 -1%	--
2011	$7,300 +4.1%	--
2010	$7,014 +9.9%	--
2009	$6,384 +2.8%	--
2008	$6,208 +1.6%	--
2007	$6,108	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 50401

Getting around

28 / 100

Car-Dependent

22 / 100

Minimal Transit

39 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Hoover Elementary School
Grades: PK-4Distance: 0.6 mi
4/10
John Adams Middle School
Grades: 7-8Distance: 3.1 mi
5/10
Mason City High School
Grades: 9-12Distance: 3.2 mi

Schools provided by the listing agent

District: Mason City

Source: Greater Mason BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.