5912 Sierra Drive, Waterloo, IA 50701

The ACREAGE you've been waiting for! Situated on a private street just outside of Gilbertville, this exceptional acreage offers the perfect blend of privacy, comfort, and easy everyday living. Located in the desirable Wooded Hills subdivision, this beautiful 4-level split home sits on 3.08 picturesque acres, complete with timber, open field views, and over 2,000 square feet of garage space for all your storage, hobby, and workshop needs. Inside, the home features 1,356 square feet above grade and a layout that maximizes both space and functionality. The main living room is warm and inviting, boasting updated LVP flooring and large windows that fill the room with natural light. Just off the living area, you’ll find the updated kitchen—featuring tile flooring, stainless steel appliances, abundant cabinetry, generous counter space, and an adjoining dining area with sliding glass doors leading to a spacious 180-square-foot deck, perfect for outdoor dining and entertaining. Upstairs, discover three generously sized bedrooms, including a primary suite with a cozy stone-surround fireplace and dual closets. A large full bath with a double vanity rounds out this level, conveniently located for all upper-level bedrooms. Head downstairs to the first of two lower levels, which offers an incredible family room, complete with a second stone-surround fireplace and walk-out access to a new 320-square-foot concrete patio, creating a seamless indoor-outdoor lifestyle. The lowest level provides even more finished space with a second family/rec room, a ¾ bath with laundry area, and storage, providing flexibility for entertaining guests or hobbies. Outside is where this property truly shines. You’ll enjoy over 3 acres of peaceful countryside, dotted with mature timber and framed by scenic views. In addition to the attached 2-stall garage, you'll find two oversized detached garages, totaling 2,094 square feet of garage space, ideal for car collectors, outdoor enthusiasts, or anyone in need of serious storage. A large shed/lean-to offers even more room for tools and equipment. Recent upgrades include a brand-new septic system (2025) and a new roof (2024), offering peace of mind for years to come. If you’ve been looking for that rare combination of land, privacy, updates, and unmatched garage space—this is it. Don't miss your chance to own this one-of-a-kind acreage retreat!