5324 Gilbertville Rd, Waterloo, IA 50701

Incredible Riverfront Opportunity in Gilbertville! This unique offering includes three parcels totaling 1.06 acres, perched on a high bank overlooking the scenic Cedar River. Located on Gilbertville Road, the property provides a rare chance to own a beautiful riverfront setting with expansive views. The existing home on site is in poor condition and will require a full renovation or removal to make way for new construction. A 1,040 sq ft, three-stall shop is also included. While the shop needs work, it holds great potential to be restored and serve as a valuable addition to the property. Ideal as a potential building site, this property includes a well (unused for many years) and may have a septic system—though there are no records or known location of the tank. This is an as-is sale. Surrounded by well-maintained homes and with a setting that’s hard to beat, this property presents a rare and exciting opportunity to create something special.