




1920 Falcon Rdg, Waterloo, IA, 50701
About This Home
Welcome home to this like new exceptional two-story home nestled on a quiet cul-de-sac in Waterloo's highly desirable Audubon neighborhood. Set on an impressive half-acre lot surrounded by mature trees, this beautifully cared-for, one-owner home offers nearly 3,700 square feet of living space with five to six bedrooms, five bathrooms, and room for everyone. The welcoming main floor features a wonderful mix of formal and everyday living spaces, including a spacious living room, formal dining room, cozy great room, and a well-designed kitchen complete with ceramic tile flooring, abundant cabinetry, and a generous walk-in pantry. A main-floor bedroom provides the perfect space for guests, a home office, or flex room. Step outside to the expansive wood deck overlooking the private backyard, where mature landscaping, an irrigation system, and plenty of green space create the perfect setting for entertaining or simply enjoying the outdoors. Upstairs, you'll find four spacious bedrooms including the primary suite, three bathrooms, and a conveniently located laundry room. Each bedroom boasts high quality custom built-ins. The primary suite features a walk in closet, an additional closet, and a private bathroom with dual vanities and a whirlpool tub. The finished lower level offers even more flexibility with additional living space, daylight windows, a full bathroom, and extensive built-in shelving ideal for a recreation room, media space, or extended guest quarters. Throughout the home you'll appreciate custom built-in cabinetry and bookshelves, high quality Andersen windows, whole-house surround sound, and thoughtful features including a radon mitigation system, water softener, and sump pump with battery backup. Major improvements including a new roof, HVAC system, water heater, driveway, and carpet providing peace of mind for years to come. Combining generous living spaces, quality craftsmanship, and an outstanding location, 1920 Falcon Ridge is a truly exceptional place to call home. Schedule a showing today!
Getting Around
Schools
Construction
Condition
- Year built: 2000
Materials
- Roof: Shingle,Asphalt
- Construction materials: Brk Accent,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Fireplace features: One,Gas
- Fireplace: Yes
- Finished area below ground: 1,100
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,720 sqft
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Property
Details
- Parcel number: 881308305007
- Zoning: R-1
- Special condition: Standard
Lot
- Lot size: 0.45 Acres
- Lot size dimensions: 100x194
Parking
- Total spaces: 3
- Parking features: 3 or More Stalls,Attached Garage
- Covered spaces: 3
- Carport spaces: 3
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
- Tornado
- Winter Weather
- Cold Wave
- Drought
- Hail
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $447 | $5,364 |
| Property Taxes | $873 | $10,476 |
| Electricity | $277 | $3,329 |
| Total | $4,124 | $49,488 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $499,900 |
