Introducing Pinehurst Manor, a landmark Waterloo estate set on over two acres in the heart of town, offering two homes, rare amenities, and nearly 7,000 sq ft of combined living space. This is the original Reber family farmhouse, built in 1906 and the namesake of Reber Street. Later home to the Kingsley family (of Kingsley Elementary), it is one of the only named residential estates in the county. Owned by the same family since 1964, it has not changed hands in over six decades. The property includes two legal addresses — 514 Columbia Circle and 2220 W. 4th Street — with driveway entrances from each street. The circular layout and extended paved areas provide off-street parking for 20+ vehicles, exceeding nearly any residential property in the county. The main residence, originally constructed in 1906 and expanded in the early 1970s, offers approximately 5,850 sq ft with 5 bedrooms (one used as a den) and 4 full bathrooms, plus an additional shower, sink, and toilet in the lower level. Architectural features include four fireplaces, leaded-glass windows in the dining room, French doors, custom millwork, and large entertaining spaces. The 1972 expansion added many of the home’s signature spaces: the great room/family room, three upstairs bedrooms, the fifth bedroom/den, the indoor pool room, the game room, the recreation room, and the updated kitchen. The second-floor library includes floor-to-ceiling bookshelves, warm wood finishes, and a spiral staircase connecting to the great room below. Grand interior spaces include a large living room with columns and fireplace, a formal dining room with leaded glass, and a paneled great room with high ceilings and architectural character. Additional amenities include custom drapery, multiple gathering rooms, and large windows overlooking the grounds. The estate also includes an indoor swim-spa pool, a custom soaking-tub bathroom with stained-glass accents, a game room with pool table and arcade area, and a recreation room ideal for media or play. The second home, built in 2004, offers 930 sq ft with 2 bedrooms and 1 full bathroom, suitable for guests, extended family, or private use. Recent improvements include new roofs on the main house, guest house, and multi-stall garage, all approved and inspected on 4/11/24. Outdoor amenities include mature trees, sweeping lawns, multiple patios, and a private, lighted tennis court. The property also has its own private well, used for the pond fountain and for lawn and garden irrigation. The insurance policy replacement-cost coverage is $1.299 million, underscoring the value of the estate relative to its size, acreage, amenities, and historic significance. Pinehurst Manor combines heritage, architectural character, and features that cannot be replicated today — an irreplaceable piece of Waterloo’s history.
For sale
Price cut: $50K (6/25)
$649,900
514 Columbia Cir, Waterloo, IA 50701
5beds
5,850sqft
Single Family Residence
Built in 1906
2.1 Acres Lot
$610,000 Zestimate®
$111/sqft
$-- HOA
What's special
Four fireplacesFrench doorsLarge entertaining spacesMultiple gathering roomsRecreation roomSweeping lawnsPrivate lighted tennis court
- 127 days |
- 1,926 |
- 71 |
Zillow last checked:
Listing updated:
Listed by:
Justin Reuter 319-939-5112,
Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260603
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Library/Office, Primary Bedroom En Suite, Primary Bedroom w/ Closet
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Refrigerator
Features
- Beamed Ceilings, Ceiling-Specialty, Crown Molding, Pantry
- Doors: French Doors
- Basement: Block
- Has fireplace: Yes
- Fireplace features: Multiple
Interior area
- Total interior livable area: 5,850 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 2.1 Acres
- Dimensions: 240 x 275 x 355
Details
- Additional structures: Pool House
- Parcel number: 891334207007
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Asphalt
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $622,140
- Annual tax amount: $12,262
- Date on market: 2/23/2026
- Cumulative days on market: 141 days
- Total actual rent: 0
- Road surface type: Concrete
Estimated market value
$610,000
$580,000 - $641,000
$1,287/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $649,900-7.1%$111/sqft |
Source: | ||
| 6/5/2026 | Price change | $699,900-6.7%$120/sqft |
Source: | ||
| 5/28/2026 | Price change | $749,900-5.7%$128/sqft |
Source: | ||
| 5/22/2026 | Price change | $795,000-0.5%$136/sqft |
Source: | ||
| 2/23/2026 | Listed for sale | $799,000+131.6%$137/sqft |
Source: | ||
| 10/4/2006 | Sold | $345,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,041 +7.3% | $622,140 +7.5% |
| 2024 | $11,223 +1.2% | $578,980 |
| 2023 | $11,088 +2.7% | $578,980 +12.7% |
| 2022 | $10,792 -3.1% | $513,720 |
| 2021 | $11,143 +2.4% | $513,720 +2.6% |
| 2020 | $10,881 -0.9% | $500,560 +0.7% |
| 2019 | $10,983 +0.9% | $497,100 |
| 2018 | $10,889 +0% | $497,100 |
| 2017 | $10,888 -1.7% | $497,100 |
| 2016 | $11,080 | $497,100 |
| 2015 | $11,080 +5.4% | $497,100 +4.6% |
| 2014 | $10,508 +0.2% | $475,430 -4.4% |
| 2012 | $10,491 -2.5% | $497,100 |
| 2011 | $10,758 +3.3% | $497,100 -4.3% |
| 2010 | $10,415 +2.8% | $519,210 |
| 2009 | $10,133 +2.2% | $519,210 |
| 2008 | $9,916 +1.7% | $519,210 +7% |
| 2007 | $9,752 +35.4% | $485,240 |
| 2005 | $7,205 +9.2% | $485,240 +65% |
| 2003 | $6,597 +1.7% | $294,150 |
| 2002 | $6,489 +10.7% | $294,150 +18% |
| 2001 | $5,860 | $249,280 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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: 50701
Nearby schools
GreatSchools rating
- 5/10Kingsley Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10West High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Kingsley Elementary
- Middle: Hoover Intermediate
- High: West Central CSD
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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- Iowa
- Black Hawk County
- Waterloo
- 50701
- 514 Columbia Cir





