Located on historic Lake Avenue, this gorgeous 5-bedroom, 3-bathroom home offers charm, space, and an unbeatable location. Enjoy the convenience of being within walking distance to downtown, the lake, and nearby parks while still enjoying the comfort of a beautiful residential setting. Inside, the home is awash with natural light thanks to its many windows and inviting layout. The stunning chef’s kitchen remodel is truly a highlight of the home, featuring beautiful granite countertops, black stainless steel appliances, and hardwood cabinetry. Just off the kitchen is a large dining room, perfect for hosting gatherings or game nights. The spacious living room is centered around a classic wood-burning fireplace, creating a warm and welcoming focal point. (The chimney has been capped and would require some work to restore functionality.) The main level also includes a bedroom currently used as a home office, along with a convenient half bath for guests. Upstairs, you will find four additional bedrooms, including a generously sized primary suite complete with a walk-in closet and an ensuite 3/4 bathroom featuring a quality Onyx shower insert. The full basement is partially finished and offers fantastic additional living space. It serves as an excellent hub for entertaining with its custom bar area. The basement is dry (Thrasher system) and includes a radon mitigation system for added peace of mind. The home also features a reverse osmosis water filtration system. Energy efficiency has been thoughtfully addressed with the addition of 18 inches of insulation in the attic. Step outside to enjoy a private backyard retreat. A stamped concrete patio surrounds a cozy fire pit, perfect for relaxing evenings outdoors. Additional highlights include an attached two-car garage with a convenient breezeway, and a 10x20 ft brand new shed! The luxurious hot tub and gazebo surround is available for purchase separately. This Lake Avenue beauty will not last long! Schedule a tour today!
For sale
$345,000
227 Lake Ave, Storm Lake, IA 50588
5beds
3baths
2,808sqft
Est.:
Single Family Residence, Residential
Built in 1957
0.26 Acres Lot
$337,000 Zestimate®
$123/sqft
$-- HOA
What's special
Private backyard retreatInviting layoutBeautiful granite countertopsBlack stainless steel appliancesHardwood cabinetry
- 18 days |
- 1,642 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 08:56am
Listed by:
Steven Brashears 712-299-4684,
Compass Real Estate of NW IA
Source: Northwest Iowa Regional BOR,MLS#: 832134
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Living, Dining, Half Bath, Bedroom, Full Bath, 3/4 Bath, Family, Laundry
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Softener: None
- Laundry: In Basement
Features
- Basement: Block,Partially Finished
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
- Finished area above ground: 2,268
- Finished area below ground: 540
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 1403405001
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick, Steel Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Storm Lake
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $316,030
- Annual tax amount: $6,587
- Price range: $345K - $345K
- Date on market: 3/16/2026
Estimated market value
$337,000
$320,000 - $354,000
$2,268/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $345,000+15.4%$123/sqft |
Source: | ||
| 3/26/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/23/2022 | Listed for sale | $299,000+35.9%$106/sqft |
Source: Owner Report a problem | ||
| 4/26/2019 | Sold | $220,000-2.2%$78/sqft |
Source: Public Record Report a problem | ||
| 3/11/2019 | Listed for sale | $224,900$80/sqft |
Source: Real Estate Specialists #804158 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,834 +11.6% | $316,030 |
| 2023 | $5,228 +3.1% | $316,030 +30% |
| 2022 | $5,070 +8.3% | $243,130 |
| 2021 | $4,680 +1.9% | $243,130 +13.4% |
| 2020 | $4,592 +6.8% | $214,400 |
| 2019 | $4,300 +4.5% | $214,400 +8.4% |
| 2018 | $4,114 +0.1% | $197,760 |
| 2017 | $4,110 +2.2% | $197,760 +2.7% |
| 2016 | $4,022 | $192,610 +4% |
| 2015 | $4,022 +6.2% | $185,200 |
| 2014 | $3,788 +5.6% | $185,200 |
| 2013 | $3,586 +3% | -- |
| 2012 | $3,480 -1.5% | $185,200 |
| 2011 | $3,534 +1.7% | -- |
| 2010 | $3,476 +1.3% | -- |
| 2009 | $3,432 +4.7% | -- |
| 2008 | $3,278 +13.5% | -- |
| 2007 | $2,888 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,102/mo
Principal & interest
$1745
Property taxes
$357
More affordability tools
Climate risks
Neighborhood: 50588
Nearby schools
GreatSchools rating
- 1/10Storm Lake Elementary SchoolGrades: 1-4Distance: 1.5 mi
- 2/10Storm Lake Middle SchoolGrades: 5-8Distance: 1.5 mi
- 2/10Storm Lake High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Storm Lake
- Middle: Storm Lake
- High: Storm Lake
Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 50588
- Iowa
- Buena Vista County
- Storm Lake
- 50588
- 227 Lake Ave





