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701 4th Street Sw, Spencer, IA 51301

$434,000.00
  • 701 4th Street Sw, Spencer, IA 51301 Main Photo

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Active Price Reduced by 5,000 on March 16th, 2026
BEDS4 BATHS3 full SQUARE FEET1,992 MLS#260016
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRIVERCREST ACRES 2ND ADDITION SCHOOLSpencer

Property Description

Welcome to this charming Cape Cod-style home, perfectly positioned in the heart of town and set on an expansive nearly 1 acre lot offering captivating river ground views, close to the bike / walking trails and endless possibilities. With nearly 2,000 finished square feet, this delightful property features 4 bedrooms and 3 bathrooms, creating a spacious and flexible retreat for any family. Two of the bedrooms showcase open loft-style designs overlooking the main living area, adding architectural interest and a light, airy feel. The fourth bedroom is located in the unfinished basement, providing an excellent opportunity to customize additional living space to fit your needs. Step through the front door into an open foyer highlighted by a striking brick fireplace that extends to the vaulted ceiling, anchored by an impressive 40+ foot exposed glue-lam beam. This stunning architectural detail allows for a dramatic wall of glass in the living room, capturing breathtaking, year-round views of the prairie grass and serene river grounds unique to this location. The main floor offers convenient single-level living with a primary bedroom, full bath, spacious kitchen, and dining room. A back office, laundry room, and direct access to the attached 26 x 26-foot garage add everyday functionality to the home???s distinctive charm. Situated on nearly a full acre, the property provides exceptional outdoor space with room to expand. Whether you envision adding onto the existing home, building an additional structure, or creating the ultimate outdoor retreat, the lot offers rare flexibility right in town. Thoughtful craftsmanship and numerous updates enhance both comfort and value, including a new water heater, furnace, electrical panel, air conditioning, shingles, siding, garage doors, and a new Marvin basement window. Take your time exploring this unique property???where character, setting, and opportunity come together to create a truly rare find. Some furnishings are negotiable.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central
Days on Market: 34
Fenced: Yes
Fuel Type: Natural Gas
Garage: 2 car attached
Heating: Forced Air, In-Floor
Home Style: 1.5 STORY
Lot Size: 0.96 Acres
Roof Type: Asphalt
Stories: 1.5
Taxes: $5,392
Year Built: 2004

Feature Descriptions

Basement Material: Poured Concrete
Basement Style: Crawl Space, Full
Construction: Stick Built
Electric: Breakers
Exterior: Driveway-Concrete, Fenced Yard-Partial, In-Grnd Sprklr Sys, Patio
Exterior: Smart Board
Fireplace: Gas
Flood Zone: No
Interior: Hardwood Floors, Main Floor Laundry, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-in Closet
Lot Dimensions: 125 x 270
Mechanicals: Sump Pump, Water Heater-Elec
Parcel #: 963713276017
Property Attached: Yes
Road Frontage: City Street
Sewer: Public Sewer
SQ FT Above Grade Finished: 1992
SQ FT Total: 3410
Water: Public/City

Local Schools

School District: Spencer

Listed By / Shown By

agent picture

Listed By

Agency Name: Hinn Real Estate
Agency Phone: (712) 260-4776
Agent Name: Doug Small

Estimate Your Payment

Estimated Payment

$ 2,397.55 per month $1,821.64 Principal & Interest $449.33 Property Tax $126.58 Homeowner's Insurance

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