About This Home

This 3-bedroom, 2-bathroom single family at 423 N Shore Drive in Clear Lake, IA is listed for $525,000 ($298 per sqft). Built in 1900, the home offers 1,760 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1900
  • 0.30 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1900
Listing Description

RARE NORTH SHORE OPPORTUNITY WITH DEVELOPMENT, INVESTMENT & RECREATIONAL POTENTIAL! Located in one of Clear Lake's most sought-after areas, 423 N Shore Dr offers a unique combination of location, lot size, history and future possibilities. Set on approximately 0.30 acre with a 99' x 132' lot, the property includes a 3-bedroom, 2-bath historic two-story home, detached cabin, garage and additional shop/outbuilding space.

The main home, once known as the Anchor Inn Boarding House, features original built-ins, leaded glass, an open staircase, clawfoot tub and timeless character throughout. What truly sets this property apart is the flexibility of the site. Access from 5th Ave N offers a great lake view and adds another layer of appeal and usability.

Whether you envision a Clear Lake retreat, investment property, guest accommodations, vacation-rental concept or future redevelopment, the oversized parcel and multiple structures create options rarely found this close to the lake, Surf Ballroom and downtown.

The shop has been marketed with water and sewer service. Buyers are encouraged to explore potential future uses, including redevelopment, rental or other residential opportunities, with the City of Clear Lake. All development, rental, occupancy and zoning possibilities are subject to buyer verification and applicable approvals. A truly one-of-a-kind North Shore property with room to imagine what comes next! Call us today!

Monthly Cost Estimate

$2,808/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153

Estimates only. Actual payments may vary.

Location

423 N Shore Drive

Clear Lake, IA 50428

Property Details

Construction

Fiber Cement

Parking

Garage - DetachedOpen

Heating

Forced Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 423 N Shore Drive is listed at $525,000 ($298/sqft). The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.30 acre lot, 2 stories.

This property is listed by Zachary Schultz-Hermanson.

ZS

Zachary Schultz-Hermanson

Agent at Hall Realty

Listed by Hall Realty · Broker phone: 641-357-7373 · View on Broker Site

MLS# 6341951· Source: NoCoast MLS· 68 days on PropertySimple

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

423 N Shore Drive, Clear Lake, IA 50428

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