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LOT 3 Kestrel Dr SE #2 photo 1

For Sale240d on market

LOT 3 Kestrel Dr SE #2

Cedar Rapids, IA, 52403 • 52403 • Linn County

$74,000

+$6,000 since Mar 27, 2026

0.3 acLot

Property DNA

1 highlights

Kestrel Heights

52403

Market activity

Demand and pricing signals for this listing

3 views

People checking out this listing

240 days on market

Established listing

About this home

Lot

Don't miss the opportunity to build your ideal home in the vibrant new Kestrel Heights development! Nestled on the southeast side of Cedar Rapids, this 65-acre community offers the allure of rural living on the edge of the city. With lots starting at ¼ acre, you're sure to find the perfect size to suit your needs. Kestrel Heights boasts a prime location near Mercy and St. Luke's Hospitals, the heart of Cedar Rapids, and provides easy access to I-380, making trips to Hiawatha or Iowa City a breeze. It's the perfect setting for growing families, first-time homeowners, or those looking to build a forever home with aging in-place in mind. Whether you dream of neighborhood gatherings or a peaceful, private space, now is the time to secure your ideal lot in Kestrel Heights!

Estimated monthly payment

Based on current rates

$503/month

Principal & Interest$384

Property Tax$74

Insurance$25

HOA$20

Down payment20% ($14,800)

3%50%

Est. 6.75% rate · 30yr fixed · $59,200 loan

Full calculator →

At a glance

Key facts and listing details

Property

Home typeLot

Sub-typeResidential, Land

Systems

Water / SewerPublic

Parking & Outdoor

Lot0.30 Acres

Location & Tax

Neighborhood52403

ZoningRes

ParcelLot 2 Kestrel Heights 2nd Add

Bathrooms & Fees

HOA$20/mo

Features & details

3 categories of property features

Exterior Features

Community

None

Utilities

Sewer Available

Other Structures

None

Listing insights

Market data and value estimates

StatusFor Sale

Days on market240

Tax rate1.54%

On marketAug 18, 2025

PostedAug 18, 2025

MLS updatedMar 27, 2026

Tour days6

Views3

How are the schools in Cedar Rapids?

3 schools rated nearby

7

Erskine Elementary School

Elementary • Public • K-5

0.1 mi

4

Mckinley Middle School

Middle • Public • 6-8

2.1 mi

3

George Washington High School

High • Public • 9-12

1.4 mi

Location

Cedar Rapids, IA, 52403

Price history

2 events

DateEventPrice$/sqftSource

Mar 27, 2026Price Change$74,000—Iowa City Area AOR

Aug 18, 2025Listed For Sale$68,000—Iowa City Area AOR

Price Change$74,000

Mar 27, 2026•Iowa City Area AOR

Listed For Sale$68,000

Aug 18, 2025•Iowa City Area AOR

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Neighborhood details

Local context around this listing

Cedar Rapids, IA • Linn County

Nearby neighborhoods

Cedar HillsCedar ValleyKenwood ParkLincolnway VillageMound ViewNoelridge ParkOakhill JacksonTaylorWellington Heights

Nearby cities

Cedar RapidsCenter PointCentral CityElyHiawathaLisbonMarionMount Vernon

Nearby zip codes

52401524025240352404524055240652407524085241152498

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Value estimates

Live

Affordability$504/mo

Accepted financing

CashConventional

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LOT 3 Kestrel Dr SE #2, Cedar Rapids, IA 52403 | SREG Property Finder