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Residential Land with Home for Sale in Cedar Falls, Iowa

3120 Waterbury Dr, Cedar Falls, IA 50613

$815,000
1.53 acres
pending
Under contract

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(R) 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.

3,347
Sq feet
4
Beds
3
Full baths
1
1/2 bath
2021
Built

Location

Street address
3120 Waterbury Dr
Community
Lexington Heights
Elevation
929 feet
Coordinates
42.5209, -92.4834

Property details

Acreage
1.53 acres
Zoning
R-1
MLS #
WCFBOR 20260325
Posted

Property taxes

Recent
$9,167

Expenses

Home Owner Assessments Fee
$25 annually

Parcels

  • 891415254015

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Pond(s)

Exterior

Parking
Attached Garage
Features
Covered, Screened

Structure

Basement
Concrete, Finished, Walk-Out Access
Water
Public
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Materials
Cement Siding, Stone
Roof
Asphalt, Shingle

Interior

Rooms
Bathroom x 3, Bedroom x 4, Family Room, Laundry Room
Appliances
Built-In Oven, Built-In Range, Dishwasher, Disposal, Gas Water Heater, Microwave Built in, Refrigerator, Sump Pump
Features
Ceiling-Specialty, Paneled Doors, Pantry, Solid Surface Counters, Vaulted Ceiling(s), Wet Bar

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

NameType
Aldrich ElementaryElementary
Holmes Junior HighMiddle
Cedar Falls HighHigh

Listing history

DateEventPriceChangeSource
Feb 18, 2026Under contract$815,000WCFBOR
Feb 7, 2026Back on market$815,000WCFBOR
Jan 27, 2026Under contract$815,000WCFBOR
Jan 24, 2026New listing$815,000WCFBOR
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This 1.53-acre property is located at 3120 Waterbury Dr in Cedar Falls, IA 50613. The property is pending sale. It has a 3,347 sq ft 4 bedroom, 3 bath house built in 2021.

Checked 1 hour ago — Updated

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Copyright (C) 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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