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Lakeshore Duplex

16822 255th Street, Spirit Lake, IA 51360

For Sale
$1,990,000
Pending

RESIDENTIAL, Spirit Lake, IA

Property Size3,834 SF
Days on Market176

Property Features for 16822 255th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 5, Bedroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 1
Patio and Porch features Deck
Interior features Kitchen Center Island
Exterior features Deck, Dock
Basement Full, Concrete
Appliances Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
Lot features Lake View
Elementary school district Spirit Lake
Middle school district Spirit Lake
High school district Spirit Lake
Directions In Francis Sites near Hafer's Point.
Subdivision Dickinson
Standard status Pending
APN TBD (South 1/2 of 07-15-202-035)
Size 3,834 SF

Taxes and HOA fees

Tax Year 2024
Tax Description (South Unit on) LOT 13, 4' VACATED WALKWAY BETWEEN LOTS 13 & 15 AND LOT 15 EXC. 20' X 20' TRT AND COMMON GROUND HAFERS POINT, PLAT OF FRANCIS SITES, DCI. (Exact legal per Abstract.)
Legal Description (South Unit on) LOT 13, 4' VACATED WALKWAY BETWEEN LOTS 13 & 15 AND LOT 15 EXC. 20' X 20' TRT AND COMMON GROUND HAFERS POINT, PLAT OF FRANCIS SITES, DCI. (Exact legal per Abstract.)

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 2026
Floors in Building 2
Building materials Wood Siding
Roof type Asphalt
Architectural style Contemporary
Listing Agency: Stauss Realty
Listed By: Kirk Stauss · License #B38506
Added: May 15 Changed: Nov 2 Last Checked: Nov 6 at 7:06PM
MLS# 260475

Copyright © 2026 Iowa Great Lakes Board 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.

Rey
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Investment Insights

Based on property information with market context.

This under-construction duplex has 3,834 square feet, with five bedrooms and five bathrooms. The main floor features an open layout; additional bedrooms, including a bunk room, are upstairs. A walk-out lower level adds a second living area and kitchen, with access to the water. The property also includes a deck, dock, two laundry stations, and on-demand hot water.

Key Highlights

  • 3,834 square feet with 5 bedrooms and 5 bathrooms
  • 57 feet of lakeshore
  • Walk‑out lower level with a second living area and kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 51360, IA

8,553
Population
6,638
Households
1.3
Avg Household Size
49
Median Age
35%
College-Educated
97%
High-School Grad
105.2 sq mi
ZIP Area
81
Density / Sq Mi
$77,464
Median Household Income
$41,043
Median Earnings
$1,005
Median Rent
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - New construction offers a multi-level layout with access to the water.
Where is this duplex located?
The property is located at 16822 255th Street Spirit Lake, IA.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 3,834 square feet with 5 bedrooms and 5 bathrooms; 57 feet of lakeshore; Walk‑out lower level with a second living area and kitchen
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