Fantastic investment or home equity opportunity to own a rare in-town acreage in the desirable Morningside neighborhood near Gordon Drive and Western Iowa Tech Community College--- recently appraised at $390k! Situated on a full acre (two parcels totaling 1 acre), this property offers space, privacy, and incredible potential. The home features a charming original bungalow with a thoughtfully designed addition completed around 2000, along with a spacious three-stall garage. Major updates have already been taken care of, including a new roof, furnace, and central A/C (2022), new gutters (2025), and a new stand-up shower in the main bathroom—giving you peace of mind as you bring your own interior design vision to life and build instant equity. Inside, you’ll appreciate the convenience of main-floor laundry and the opportunity to expand your living space by finishing the basement for additional square footage. This flex space has a separate entrance and could also be made into an in-law suite or a separate apartment for additional income. Outside, the secluded backyard offers a private retreat where you can enjoy blooming lilacs and frequent visits from deer and turkey. Looking for flexibility? With two parcels included, there’s potential to sell the back lot for a future new build—making this an excellent investment opportunity. This estate property is being sold as-is and also includes 5011 Stone Avenue, parcel #894736326008. Don’t miss your chance to transform this unique acreage into something truly special.