Land with Home for Sale in Waterloo, Iowa

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.