About This Home

This 4-bedroom, 2-bathroom single family at 505 Oak Street in Arnolds Park, IA is listed for $1,699,000 ($603 per sqft). Built in 1971, the home offers 2,816 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1971
  • 0.29 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
2-car garage
1971

Amenities

Waterfront
Listing Description

Amazing opportunity to own a double lot with 100 feet of lakeshore on Lake Minnewashta in Arnolds Park, Iowa! This 4-bedroom, 2-bathroom home features a walkout lower level and stunning views of the bike trail bridge, protected woods, and even Lower Gar Lake.

The central location puts you just a short bike ride or golf cart ride from Arnolds Park Amusement Park and downtown Arnolds Park. The outdoor space is just as impressive, with beautiful landscaping and a huge paver patio-perfect for entertaining or relaxing by the lake.

The property features a beautiful canopy of mature oak trees that provide plenty of shade without obstructing the incredible views. With 100 feet of lakeshore, a double lot, and convenient no-step access to the dock, there is also plenty of potential for future redevelopment, including the possibility of building a duplex. A rare combination of lakefront, location, privacy, and development potential!

Monthly Cost Estimate

$9,087/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,362
Insurance$496

Estimates only. Actual payments may vary.

Location

505 Oak Street

Arnolds Park, IA 51331

Property Details

Construction

Hardboard

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom single family at 505 Oak Street is listed at $1,699,000 ($603/sqft). The estimated monthly payment is $9,087 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 0.29 acre lot, 2 stories, Waterfront.

This property is listed by Michael Jensen.

MJ

Michael Jensen

Agent at Jensen Real Estate

Listed by Jensen Real Estate · Broker phone: (712) 320-7245 · View on Broker Site · Broker website

MLS# 261041· Source: Iowa Great Lakes Board of Realtors· 71 days on PropertySimple

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.

505 Oak Street, Arnolds Park, IA 51331

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