Price Reduction
Address
101 Kelly's Court, Forest City, IA
Price
$ 599,000
Property Attributes
- MLS#6332628
- TypeSingle Family
- Listing Status Active
- CountyWINNEBAGO
- CityForest City
- AreaWinnebago
- Zip50436
- Style
- Year Built1985
- Price$ 599,000
- Bedrooms15
- Full Bathrooms12
- Half Bathrooms0
- Sqr Footage12300
- Lot Size3.58 Acres
Data Source:
Iowa Association of REALTORS®
Property Description
INVESTOR ALERT! What an opportunity!! This listing includes 3 separate 5 Bedroom 4 Bath homes (101,102 & 105 Kelly's Ct.) all former assisted living facilities ready to be transformed into your dream investment. All 3 buildings are the same layout and very similar inside. Unique Investment Opportunity – 3-Building Former Assisted Living Facility next to the Waldorf University campus Don’t miss this rare opportunity to own a multi-building property with endless potential! Formerly operated as an assisted living facility, this property features three separate buildings situated on a spacious cul-de-sac, providing privacy and convenience. With a large paved parking lot and room for expansion or redevelopment, the layout is ideal for a variety of uses—senior housing, multifamily conversion, group living, rehabilitation center, office complex, or other institutional or residential purposes (subject to zoning). The property covers the entire cul-de-sac, offering maximum accessibility and presence. Each building includes multiple rooms, common areas, restrooms, and kitchen facilities designed for residential care, with infrastructure already in place to support similar operations. Bring your vision and transform this one-of-a-kind property into your next successful venture!
| Price History | |
|---|---|
| 10/8/2025 | Listed $749,900 |
| 3/13/2026 | 4$725,000 |
| 7/1/2026 | 4$698,500 |
| 9/11/2026 | 15$599,000 |
General Features
| Sewer | City Sewer/Connected |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Architectural Style | See Remarks |
| Construction Materials | Brick,Vinyl Siding |
| Year Built | 1985 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Accessibility | Doors 36 +,Fully Wheelchair,Grab Bars In Bathroom,Hallways 42 +,No Stairs External,No Stairs Internal,Partially Wheelchair,Reduced Height Counters,Roll-In Shower |
| County | Winnebago |
| Property Type | Residential |
| Contingency | None |
| Status | Active |
| Directions | gps takes you to property |
| Lot Size Units | Acres |
| Lot Size Square Feet | 155945 |
| Living Area Units | Square Feet |
| Standard Status | Active |
| PostalCity | Forest City |
| Legal Description | per abstract |
| AttributionContact | Mobile: 515-423-0195 |
Interior Features
| Basement | Slab |
|---|---|
| 3/4 Baths | 12 |
| Total Bedrooms | 15 |
| Total Baths | 12 |
Exterior Features
| Parking Features | Outside,Concrete,Paved,Storage |
|---|---|
| Water Source | Public |
| Lot Dimensions | per abstract |
| Lot Size Acres | 3.58 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 50436
Price
Year Built
Visits
DMAAR: Des Moines Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
The information being provided by the Iowa Great Lakes Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Listing information last updated on September 23, 2026 1:11 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
