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Sold for $795,000
  • $795,000

    3120 Waterbury Dr, Cedar Falls, IA 50613

    4beds
    3,347sqft
    Single Family Residence
    Built in 2021
    1.53 Acres Lot
    $805,000 Zestimate®
    $238/sqft
    $3,199 Estimated rent

    Home value

    $805,000

    $733,000 - $886,000

    $3,199/mo

    Zestimate® history
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    What's special

    Open-concept layoutCrisp white cabinetryFinished walkout lower levelCorner pantryQuartz countertopsExpansive south facing windowsGenerous island
    Simply sensational! This exceptional 2021 custom-built home in sought after Lexington Heights is gracefully set on over 1.5 acres with serene pond views, offering a rare blend of luxury, privacy, and timeless design in Cedar Falls. From the moment you arrive, the craftsmanship and attention to detail are unmistakable. A welcoming entry leads into a stunning, light filled great room where expansive south facing windows frame picturesque views, a tray ceiling adds architectural depth, and a gas fireplace, flanked by custom built-in cabinetry, creates an elegant yet inviting focal point. Designed for both everyday living and elevated entertaining, the open-concept layout flows seamlessly into the chef’s kitchen, featuring crisp white cabinetry, Wolf® built-in range and oven, quartz countertops, a corner pantry, and a generous island. The adjoining dining area opens to a covered and screened composite deck, perfect for hosting guests or enjoying peaceful mornings overlooking the pond. The primary suite is a private retreat, highlighted by tranquil pond views and a spa inspired ensuite with a dual vanity, soaking tub, separate tiled shower, and an expansive walk-in closet. An additional main floor bedroom offers a private ensuite bath with tiled shower and walk-in closet, ideal for children or guests. A vaulted office or den at the front of the home provides a sophisticated work from home space. Thoughtfully designed main floor amenities include a spacious mudroom with custom built-in drop zone and bench seating, a well-appointed laundry room with ample storage and utility sink, and seamless access to the oversized garage. The finished walkout lower level is equally impressive, offering a bright and expansive family room with tile flooring, perfect for recreation, movie nights, or entertaining. A beautifully designed wet bar with abundant cabinetry and wine storage elevates the space, while two additional bedrooms and a full bath provide comfort and flexibility. Two additional unfinished areas offer endless possibilities for a future theater, fitness studio, or additional storage. Outdoors, enjoy uninterrupted pond views from both the screened deck and the lower-level concrete patio, an ideal backdrop for relaxing evenings or refined outdoor gatherings. This is a rare luxury offering in Lexington Heights, combining modern elegance, thoughtful design, and a premier setting. A truly exceptional home, ready to be experienced.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carl Ericson 319-504-3640,

    Oakridge Real Estate

    Bought with:

    Emsad Begic, B56539000

    Vine Valley Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260325MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Main Floor Laundry, Master Bath, Master Bedroom, Pantry, Lwr Level Family Room
    Other
    • Level: Upper
    Other
    • Level: Main
    Other
    • Level: Lower
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Built-In Oven, Built-In Range, Dishwasher, Disposal, Microwave Built In, Refrigerator, Gas Water Heater
    • Laundry: 1st Floor, Laundry Room
    Features
    • Ceiling-Specialty, Vaulted Ceiling(s), Solid Surface Counters, Pantry, Wet Bar
    • Doors: Paneled Doors
    • Basement: Concrete,Finished,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: One, Living Room
    Interior area
    • Total interior livable area: 3,347 sqft
    • Finished area below ground: 1,300

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Stalls, Attached Garage
    • Has attached garage: Yes
    • Carport spaces: 3
    Features
    • Patio & porch: Covered, Screened
    • Waterfront features: Pond
    Lot
    • Size: 1.53 Acres
    • Dimensions: 271 x 246
    Details
    • Parcel number: 891415254015
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cement Siding, Stone
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 2021
    Details
    • Builder name: Schuerman Builders

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Lexington Heights
    HOA
    • Has HOA: Yes
    • HOA fee: $25 annually
    Location
    • Region: Cedar Falls

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $634,820
    • Annual tax amount: $9,166
    • Date on market: 1/24/2026
    • Cumulative days on market: 24 days
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    4/24/2026Sold$795,000-2.5%$238/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260325 Report a problem
    2/18/2026Pending sale$815,000$244/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260325 Report a problem
    2/7/2026Listed for sale$815,000$244/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260325 Report a problem
    1/27/2026Pending sale$815,000$244/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260325 Report a problem
    1/24/2026Listed for sale$815,000+12.1%$244/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260325 Report a problem
    3/8/2022Sold$727,000+481.6%$217/sqft
    Source: Public Record Report a problem
    7/17/2018Sold$125,000$37/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20181471 Report a problem
    1/12/2018Sold$125,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,002 +1.1%$634,820 +11.4%
    2024$8,906 +8.9%$569,640
    2023$8,177 +253.6%$569,640 +28.6%
    2022$2,313 +24%$442,920 +257.8%
    2021$1,866 +2%$123,780 +23.5%
    2020$1,829 +6353.2%$100,200
    2019$28 +0.2%$100,200 +6449%
    2018$28 +1%$1,530
    2017$28 +27.3%$1,530 +26.4%
    2016$22 $1,210
    2015$22 $1,210
    2014$22 +8.1%$1,210
    2012$20 -6.6%$1,210
    2011$22 +1.5%$1,210 -6.9%
    2010$21 $1,300
    2009-- $1,300
    Find assessor info on the county website

    Neighborhood: 50613

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Aldrich Elementary
    • Middle: Holmes Junior High
    • High: Cedar Falls High

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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