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3 Beds
2 Baths
1,367 sqft

$215,000

1205 Main Avenue, Clear Lake IA, 50428

Price per sqft$157.28
Built in1900
Property size1,367 sqft
Property typeResidential

Overview

Active

Listed Sep 28, 2026

Updated 2 weeks ago

CALLING ALL CONTRACTORS & INVESTORS! Your ideal winter project is here—finish the demo/build-out now and have it primed for the lucrative spring and summer market in Clear Lake! Situated in a prime location within easy walking distance to downtown and right along the famous 4th of July parade route, this historic property offers massive potential as a high-yield short-term vacation rental or custom private residence. Much of the heavy lifting is already started: the home is currently ~80% gutted to the studs with newer exterior siding already in place. Historic character remains intact and waiting to be restored, featuring original trim, the original front door, and a beautiful wood banister and staircase. The versatile floor plan offers a spacious 3-season porch, a large kitchen ready for a custom island, a bright formal dining room with a bay window, and a sunlit living room with an oversized picture window. Exceptional convenience rarely seen downtown: extensive off-street parking via the large driveway plus alley access, leaving ample room to park multiple vehicles alongside your boat or RV. Large detached 2- garage with workspace. Property is being sold AS-IS, CASH ONLY. Bring your vision, unlock the equity, and make this Clear Lake gem shine! Owner is a real estate agent licensed in the state of Iowa.

$1,430/mo

Est. mortgage payment based on a $215,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
750168

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$2,039
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

 

Courtesy of Fields and Freedom Real Estate, Kristian Foddrill,
Listing Contact: (515) 290-8605 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stephanie Dart shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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