545 Knollwood Dr SE, Cedar Rapids, IA 52403

Step into timeless elegance in the highly sought-after Vernon Heights neighborhood with this stately 1920-built two-story home, offering over 3,400 square feet of living space on a rare 0.5-acre private lot surrounded by mature trees and beautiful landscaping. Rich in character and full of potential, this home blends historic charm with thoughtful updates, making it a standout opportunity on the Cedar Rapids real estate market. Inside, you’ll find original hardwood flooring throughout most of the main level, complemented by fresh paint in the living room, formal dining room, and select bedrooms. The spacious layout includes three bedrooms plus a non-conforming room on the second floor, along with two full bathrooms and a convenient half bath in the basement. Upstairs features new carpet with hardwood flooring underneath, offering flexibility for future design preferences. The home’s inviting layout includes a formal dining room, a cozy family room with gas fireplace, and a 1950 addition currently used as a great room—complete with a second gas fireplace, abundant storage, and the potential to serve as a main-level bedroom or guest suite. A charming 3-season front porch provides the perfect place to relax and enjoy both sunny days and quiet evenings. One of the most unique features is the beautifully rebuilt curved glass “grow room”, restored after the derecho, complete with plumbing for a future hot tub—an incredible opportunity for a spa-like retreat or indoor garden space. The attic offers the ability to be finished, creating even more living space for a home office, studio, or additional bedroom. Recent updates include a new 16x20 detached garage (2021) with keypad entry, new basement windows, and all other windows replaced within the past 7 years, plus a newer roof following the derecho storm. The property also features two storage sheds, an irrigation system, and a large basement with abundant storage, workshop area, and laundry room. From the gorgeous dual staircase and landing to the expansive yard and versatile living spaces, this home offers a rare combination of historic architecture, modern updates, and future potential in one of Cedar Rapids’ most beloved neighborhoods.