Price Reduction - Waterfront - Primary on Main
Address
993 Ivanhoe Circle, Mt Vernon, IA
Price
$ 40,000
Property Attributes
  • MLS#2604965
  • TypeSingle Family
  • Listing Status Active
  • CountyLinn
  • CityMt Vernon
  • AreaOT-E (East of I-380)
  • Zip52314
  • Style
  • Year Built1950
  • Taxes$ 1069
  • Price$ 40,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1110
Data Source:
Cedar Rapids Area Association of REALTORS®
Property Description

Tucked away in the peaceful Cedar River cabin community just south of Mount Vernon, this charming ranch-style getaway offers the perfect escape to relax, unwind, and enjoy nature. Built in 1950, this 1-bedroom, 1-bath home offers approximately 1,100 square feet with an open living area, vaulted ceilings, abundant natural light, and the warm character of natural wood throughout. LP gas heat in the living room area and central heat provided by the Drolet Wood Furnace keep you nice and cozy during the winter months. And yes, while the home could benefit from some TLC and updating, its solid bones provide the ideal canvas for someone looking to restore its charm and create a comfortable retreat. Outside, enjoy a cozy sitting area at the front of the home, a storage shed for your outdoor essentials, and room for off-street parking. Just moments from the Cedar River and surrounded by mature trees and abundant wildlife, this recreational property offers a peaceful setting to unplug and enjoy the outdoors while remaining a convenient drive to both Cedar Rapids, Iowa City and much more. Property on leased land, cash Only.

Elementary School Middle School High School
Washington Elementary School Mt Vernon Middle School Mt Vernon High School
Price History
7/16/2026 Listed $48,000
8/14/2026 17$40,000

General Features

Sewer Septic Tank
Possession Negotiable
Property Subtype Single Family Residence
County Linn
New Construction false
Property Type Residential
HOA true
Garage Y/N true
Status Active
Directions Ivanhoe Circle; not Ivanhoe Rd. From Hwy 1, turn SE onto Pitlik Dr/Cedar River Rd at 1st fork stay right onto Ivanhoe Circle, at 2nd fork stay left on Ivanhoe Circle, and at 3rd fork stay right on Ivanhoe Circle and property will be to right (south). If you still can't find it, call agents :)
ModificationTimestamp 2026-08-14T17:12:30.547-00:00
City Mt Vernon
MLS Area OT-E (East of I-380)
Lot Size Units Acres
Tax Annual Amount 1069
Standard Status Active
Property Sub Type Additional Single Family Residence
PostalCity Mt Vernon
Legal Description BLDG LOCATED AT 993 IVANHOE CIR GOV LOT 3 29-82-5.
Virtual Tour https://www.propertypanorama.com/instaview/cdr/2604965
Heating Forced Air,Gas,Wood
Cooling Wall/Window Unit(s)
Year Built 1950
Stories Count 1
Pets Allowed Yes
High School Mt Vernon
Elementary School Washington
Middle/Junior High School Mt Vernon
Construction Materials Frame,Vinyl Siding
Appliances Dryer,Microwave,Range,Refrigerator,Washer
Garage Spaces 1
Architectural Style Ranch
Full Baths 1
Other Structures Shed(s)

Interior Features

Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 1
Interior Amenities Kitchen/Dining Combo,Main Level Primary
Basement See Remarks
Above Grade Finished Area 1110
Total Bedrooms 1

Exterior Features

Lot Features Wooded,Waterfront
Water Source Well
Waterfront Y/N true
Parking Features Garage,None,Off Street
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 52314

Price
AVG $460K
$40K
Taxes
AVG $3,396
$1,069
Year Built
AVG 1978
1950

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.