406 W Water Street, Shell Rock

$499,900

4 Beds
3 Baths
3,456 Sqft
1.04 Acres
2 Garages

Property Description

Walk through the front door and immediately take in the spectacular view of the Shell Rock River! This is the riverfront property you’ve been waiting for—with the extensive remodel already completed for you! Nestled on over an acre in town on a quiet dead-end street, this home offers the best of both worlds: peaceful small-town living, riverfront views, privacy, and the convenience of the Waverly-Shell Rock School District, city water/sewer, and easy access to major highways. The home sits high and dry along the river, with the opportunity to add your own boat dock. Inside, modern updates beautifully blend with original brick and stone accents, creating a home that is both stylish and full of character. The expansive great room features a wall of windows showcasing the river view, while luxury Maple Hardwood flooring flows throughout the main level. The kitchen is truly a chef’s dream, featuring an expansive island, top-of-the-line appliances, a spectacular refrigerator, microwave drawer, and wine fridge. Gather with family and friends while enjoying the view—it’s the perfect space for everyday living and entertaining. The luxurious primary suite offers a walk-in closet and spa-like ensuite with a large soaking tub, walk-in shower, and double sinks. Three additional bedrooms are located on the main level, one as a versatile bonus room perfect for an office, playroom, hobby room, or potentially a 4th bedroom. A convenient laundry closet with tub sink is located near the bedrooms. The finished basement adds even more living space with natural light and a ¾ bath, plus potential for a 5th bedroom. A spacious back entry mudroom provides a large tub sink and ample storage. Outdoor living is just as impressive. A flagstone patio wraps around the west side of the home to the rear, creating the perfect setting for entertaining, relaxing, or enjoying peaceful evenings overlooking the river. One guest bedroom even features a sliding door for direct exterior access. A newly installed retaining wall adds to the appeal. And for those who appreciate the warmth and charm of a fireplace, this home offers TWO wood-burning fireplaces! Why build new when the work is already done? Enjoy the character of an established home with the modern updates you want—without the cost, inconvenience, and waiting that comes with building. All of this, under $500,000, with a peaceful riverfront view that is simply hard to beat. Come see it for yourself—the view from the front door says it all! Square footages are approximate. Accepted offer with 48 hour clause.

Essential Information
MLS® #20264175
Price$499,900
Bedrooms4
Bathrooms3.00
Square Footage3,456
Acres1.04
Year Built1950
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address406 W Water Street
CityShell Rock
CountyButler
StateIA
Zip Code50670
Amenities
ParkingDetached Garage, Oversized
# of Garages2
Interior
HeatingHeat Pump, In Floor Heat
CoolingCentral Air
FireplaceYes
FireplacesWood Burning
Appliances

Dishwasher, Microwave, Free-Standing Range, Refrigerator

Exterior
Exterior FeaturesFishing
Lot DescriptionWaterfront
RoofAsphalt
ConstructionCombination
School Information
ElementaryWaverly/Shell Rock
MiddleWaverly/Shell Rock
HighWaverly/Shell Rock
Additional Information
Date ListedAugust 30th, 2026
Days on Market6
ZoningR-1
Listing Details
AgentKara Bartels
OfficeRE/MAX Alliance
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Listing information last updated on September 8th, 2026 at 1:50pm CDT.