Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
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 10 days 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 Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Des Moines Area Association of REALTORS. All rights reserved.

Powered by Luxury Presence