5067 Palace Road Oelwein, IA 50662
Listing Courtesy of: IOWA NORTHEAST as distributed by MLS GRID / Listed By: Erica Bushaw, Century 21 Signature Real Estate

  5067 Palace Road Oelwein, IA 50662

Active (1 Days)
$294,500 (USD)
4
BED
3
BATH
2,892
SQFT

Description

Over an acre on a hard surface road just outside city limits and priced to sell--you definitely want to see this property in person! Sitting just north of Oelwein, this acreage features multiple living areas and incredible outdoor space. The main level has an updated kitchen that opens to a rear deck, while the living room and dining room open up to a front deck, and both decks overlook an incredible flower garden. Three bedrooms and a hall office complete the main floor, along with two bathrooms, one of which has a shower and laundry while the other has an extra deep jet tub and dual sinks. The walkout lower level could be its entirely own living space, with a sitting area, a huge bar, a full kitchen, another bathroom, an additional living room and a bedroom. The sellers have spent countless hours creating an outdoor sanctuary that has several spaces to both relax and entertain. We don't see acreages come along at this price point often, especially with this much usable space.

MLS #:
20265435
Taxes
$2,801
Lot Size
1.1 acres
Type
Single-Family Home
Year Built
1959
County
Fayette County

Listed By

Erica Bushaw, Century 21 Signature Real Estate
Source
IOWA NORTHEAST
Last checked Nov 7 2026 at 8:18 PM GMT-0500
Bathroom Details
  • Full Bathrooms: 2
  • 3/4 Bathroom: 1
Interior Features
  • Appliances: Dishwasher
  • Appliances: Free-Standing Range
  • Appliances: Refrigerator
  • Laundry: 1st Floor
  • Appliances: Microwave
  • Appliances: Appliances Negotiable
Property Features
  • Fireplace: None
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Block
  • Walk-Out Access
  • Finished
Exterior Features
  • Vinyl Siding
  • Brk Accent
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Private Well
  • Sewer: Septic Tank
  • Fuel: Propane
School Information
  • Elementary School: Oelwein
  • Middle School: Oelwein
  • High School: Oelwein
Garage
  • Attached Garage
  • Garage Door Opener
  • Tuckunder Garage
Living Area
  • 2,892 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Copyright 2026 Iowa Northeast Regional Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/7/26 12:18
Based on information submitted to the MLS GRID as of 11/7/2026 15:18. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.