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    2427 Kestrel Dr SE Cedar Rapids, IA 52403

    For Sale
    $66,957

    Residential - IA

    Lot size:
    0.29 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 2427 Kestrel Dr SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    143540101100000
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Expense value
    240
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    RE/MAX Corridor, Inc. (319) 350-0798 [email protected]

    Listing agent Alexis Kemp (319) 395-0101

    Listing date Sep 1, 2025

    MLS# 202505390 Listing URL

    Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Kestrel Heights

    This residential land is located in the new Kestrel Heights development on the southeast side of Cedar Rapids. The 65-acre community offers a rural living environment on the edge of the city. The available lot is 0.29 acres in size. Kestrel Heights is near Mercy and St. Luke's Hospitals and the heart of Cedar Rapids, with easy access to I-380 for trips to Hiawatha or Iowa City. This location is suitable for growing families, first-time homeowners, or those looking to build a home with aging in-place in mind.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.622169
    Latitude
    41.951707

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale in the Kestrel Heights development.
    Where is this residential land & home lot located?
    The property is located at 2427 Kestrel Dr SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $66,957.
    What are key features of this property?
    This property features: - Prime location on the southeast side of Cedar Rapids.; - Lots starting at ¼ acre, offering flexibility in home size.; - Easy access to I-380 for convenient travel to Hiawatha and Iowa City.
    (319) 395-0101
    Request Owner's contact information
    2427 Kestrel Dr SE Cedar Rapids, IA 52403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2427 Kestrel Dr SE Cedar Rapids, IA 52403
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