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583 Fenelon Place Dubuque, IA 52001 • Residential - Single Family • ACTIVE $525,000

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Description

This luxury home has over $300,000 in top grade renovations put in by the current owner since 2023. He bought this home for $320,000 in 2023 as a fixer-upper. Because this home is extraordinary, they put in more renovation and upscale designs than initially planned to make it what it is today. On paper, with all of the improvements and the location, the land and river views, this property should be priced at $620,000. However. The market has changed since 2024 when it was first put on the market. With several offers considered and not pursued due to risky contingencies and low offer prices, this property has not yet been sold, despite the best efforts of several different real estate agents. As a result, the seller has now made the thoughtful decision to list this exceptional luxury residence at a price far below their total investment in order to move forward with several new projects that now require their full attention and resources. While significant care, upgrades, and capital have been invested into the property, the priority at this stage is not maximizing return, but rather creating a smooth transition that allows the next owner to enjoy the home while the seller focuses on upcoming ventures. And whomever purchases this house will be enjoying the luxury appointments that would typically cost much more than for what this house is listed. This pricing approach reflects a strategic decision to facilitate a timely sale and pass along the value of the improvements to the next steward of the property. Recent price adjustments also reflect the seller's costs to fully repair a leaking water line prior to closing now that warmer weather is here. The discerning buyer will understand the incredible value that this home offers, standing in a sought-after neighborhood with similar other luxury homes and comparable values, if only they would go on the market. Seller will consider all reasonable offers. With that being said... Discover the charm and character of his

Property Highlights

Property Type: Residential - Single Family

Total Living Area SF: 3,620

Garage Size: 2

Built in 1916

Elementary School: Lincoln

High School: Dubuque Senior

Middle School: Washington Jr High

Brick Exterior

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General Information

Bedrooms: 3

Bathrooms: 5

Sqft: 3,620

County: Dubuque

High School: Dubuque Senior

MLS ID:

153579

$525,000

Est. $3,278/mo

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3beds

5baths

3,620sqft

2cars

Shown By

Agent Name: Adam Edstrom
Agent Phone: (563) 210-6814

Featured Listing ACTIVE

BEDS3 BATHS3 full 2 partial SQUARE FEET3,620 MLS#153579

STATUSACTIVE PROPERTY TYPEResidential - Single Family

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Get in Touch

Shown By

Agent Name: Adam Edstrom
Agent Phone: (563) 210-6814

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583 Fenelon Place, Dubuque, IA 52001.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type	30 Year Fixed	FHA 30 Year Fixed	15 Year Fixed
Purchase Price	$525,000	$525,000	$525,000
Down Payment	$105,000	$18,375	$131,250
Monthly Mortgage Amount	$2,451	$3,008	$3,191
Taxes	$674	$674	$674
Insurance	$100	$100	$100
HOA/Dues/Fees	$0	$0	$0
Monthly Mortage Insurance	$0	$231	$0
Monthly Estimated Total	$3,278	$4,066	$4,018

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About this area

Iowa/Dubuque

Dubuque

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About Dubuque

Dubuque, IA—known as Where Iowa Started—is a quickly growing hub brimming with history around every corner and embraces its small-town roots. The residents here radiate warmth and friendliness as the city still continues to expand its city center. Like much of Iowa and Illinois, Dubuque is known for its historic buildings and cultural centers. It has a plethora of well-preserved buildings and homes, a revitalized main street, and because of its location near the Mississippi, its abundant land and resources were popular among immigrants and travelers (especially Irish and Germans), making Dubuque not only rich in history but largely diverse!

While a ton of progress has been made in the very recent past, Dubuque is on track to continue in the tradition of the first immigrants who settled among its bluffs. Recent recognition includes being named one of the 100 Best Communities for Young People, the Most Livable Small City, an Iowa Great Place and not to mention, was named a five-time All-America City!

Home & Community Information

From the bluffs overlooking the Mississippi River and historic homes to renovated downtown condos and new construction homes, the Dubuque area has many different housing options.

Summertime is the best time of year to visit Dubuque, since winter gets very cold. The weather is comfortable for most of the year and is yet another reason why the population is still growing. Not only is it a great place to raise a family, but all three districts—Historic Upper Main, Historic Millwork District, and the Historic Old Main—offer residents just about any option for where they’d like to live with an average commute time of just 15 minutes!

Things to Do in Dubuque

Just because Dubuque is Iowa’s oldest city doesn’t mean it’s lacking in things to do! Did you know Field of Dreams was filmed here? Yep! AND you can visit the site. Ride up the world’s shortest, steepest scenic railway for a tristate view, and make sure to check out the Mines of Spain State Recreation Area. Once you set off on one of the many hiking trails following Catfish Creek through the breathtaking limestone cliffs and bluffs, you’ll know why so many settlers called this place home.

As you continue to explore the city of Dubuque, give the kids a chance to visit the National Farm Toy Museum or the National Mississippi River Museum and Aquarium for a fully immersive experience of what Dubuque is all about.

The Hotel Julien Dubuque is a must if you’re looking for somewhere to rest your head for the night. An ornate lobby opens visitors up to 180 years of history—wood-paneled columns and golden elevators included. Other historic stays include the Black Horse Inn as well as the Richards House Bed & Breakfast Inn. If you’re looking to find something that suits a longer stay, Lorelei Cabins, Drake House, and the Cabin at Finley’s Landing are all great for vacation rentals.

Eating and drinking your way through the city is the best way to experience this perfect little paradise! Enjoy soups, sandwiches, brisket, and some of the best brown ale this side of the Mississippi at 7 Hills Brewing Company. If comfort food is your game, Copper Kettles’ house smoked pork ribs have made this place a local favorite, and L.May Eatery also takes comfort food to the next level with gourmet farm-fresh ingredients—fan favorites include the stuffed chicken and pork shanks.

With the rich culture tied to the waterway, it’s no surprise that locals and visitors alike see riverboats making their way up and down the Mississippi daily! It’s honestly fun just counting. Schedule a boat ride and explore the fourth largest river in the U.S. Waiting patiently for your boat? Kill time at the Star Brewery Historic Landmark or make your way to the Diamond Jo Casino.

Explore the city of Dubuque even further by making your way to Crystal Lake Cave—untouched and two million years old—or hit one of the many bike paths along the river to connect with nature.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Dubuque, IA. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Dubuque
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 441-1776

Dubuque, IA Real Estate & Homes for Sale