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2416 Kestrel Dr SE, Cedar Rapids, IA, 52403

5beds
3baths
2,876sqft
$549,900
$191price/sqft
$3,512/moest. monthly cost
$140,480/yrincome needed

About This Home

When you buy your new home, where do you want to live? Why not choose a county view like this when you start your day? Welcome to Kestrel Heights, a beautiful new SE Cedar Rapids neighborhood named for the American Kestrels that nest here. This stunning new construction ranch offers 2,876 finished sqft, 5 bedrooms, and 3 baths on a .26-acre lot with peaceful country views and native wildlife all around. The gourmet kitchen is designed to impress with abundant cabinetry, stone countertops, an appliance lift, and a spacious walk-in pantry complete with additional cabinetry and matching stone countertops. This home offers many premium finishes including soft close closet doors. A main-level laundry provides everyday convenience, while the welcoming front porch and spacious deck invite you to relax, watch the wildlife, and take in breathtaking sunsets. The light-filled lower level features an expansive family room with a cozy fireplace and endless possibilities for entertaining, including space for a pool table, bar, piano—or all three! Along with the two additional bedrooms and a full bath, the lower level also offers a flexible bonus room ideal for a playroom, craft room, or home office. The utility area includes a high-efficiency furnace, tankless water heater, safe room/storm shelter, and generous storage space. Experience exceptional living where peaceful views, wildlife, and scenic walking trails create the perfect place to call home. Discover why Kestrel Heights is one of our most promising new communities!

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
38
BikeSomewhat Bikeable

Schools

5/10
3/10
McKinley STEAM AcademyGrades 6-82.5 mi
4/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Poured
  • Construction materials: Frame,Stone,Vinyl Siding

Other

  • Builder name: Kout Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Range,Refrigerator,See Remarks,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Concrete,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Kitchen/Dining Combo,Bath in Primary Bedroom,Main Level Primary
  • Fireplace features: Electric,Insert,Family Room
  • Fireplace: Yes
  • Finished area below ground: 1,189
  • Finished area above ground: 1,687

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,876 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 143540300400000

Features

  • Stories: 1
  • Patio & porch: Deck,Patio

Lot

  • Lot size: 0.26 Acres
  • Lot size dimensions: 82 x 140

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage,Guest,Off Street,On Street,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Lightning
Tornado

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,780$33,360
Home Insurance *$515$6,180
Property Taxes $3$36
Electricity $214$2,574
Total$3,512$42,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,411/yr
40% on housing$105,360/yr
45% on housing$93,653/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 52403$145
Linn County$163

vs Homes Sold Last Month

Median $/sqft

ZIP 52403$125
Linn County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Listed for sale$549,900
2026-06-13Listing removed$549,900
2026-03-27Price change$549,900
2026-02-12Listed for sale$559,000
2026-02-12Listing removed$565,000
2025-11-12Price change$565,000
2025-09-03Price change$567,000
2025-05-01Listed for sale$570,000
2025-04-14Listing removed$550,000
2024-10-31Price change$550,000
2024-04-04Listed for sale$69,000

New Construction

AgentGlenn Linville
BrokerageRealty87

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