$300K Victorian Mansion! 5 Beds, River Views & $27K Rental Income! Davenport Gem!

A Timeless Beauty: Step Inside the Dream Victorian House!

If you, like me, have a deep love for old houses with history and charm, then prepare to be delighted. Right in the heart of Davenport, Iowa, stands a true masterpiece, a magnificent Victorian mansion that has been loved and cared for, holding onto its beauty since it was built in 1893. This isn’t just a house; it’s a piece of living history waiting for its next chapter.

Key Features and Address

Here are the main facts about this stunning property:

  • Price: $300,000
  • Address: 604 Gaines St, Davenport, IA 52802
  • Style: Queen Anne-style Victorian (often called a “Painted Lady”)
  • Bedrooms: 5
  • Bathrooms: 6 (4 full, 2 half)
  • Square Footage: 3,487 sqft
  • Location: Gold Coast District, Davenport, IA
  • Year Built: 1893 (Meticulously restored)

The Unforgettable Exterior: A Painted Lady

The first thing that will steal your heart is the exterior. This 3-story home is a famous “Painted Lady,” known for its dazzling and detailed look. The current owners have used seven bright colors to bring out every lovely architectural detail of the Queen Anne design. It’s a visual delight, like a beautiful jewel box nestled on a corner lot. The outside isn’t just painted; it’s a true work of art that stands out even in the historic Gold Coast District.

Surrounding this beautiful house is extensive, lovely landscaping. It creates a peaceful, green space right in the middle of the city. Imagine having your morning coffee or hosting friends on the charming outdoor patio—a perfect spot for relaxing and enjoying your verdant oasis.

Views That Take Your Breath Away

The main floor of the house features enormous bay windows, and this is where you’ll find one of the home’s biggest attractions: the spectacular view. From these windows, you get a panoramic vista of the iconic Centennial Bridge and the majestic Mississippi River. These views are constantly changing with the seasons and the time of day, offering a daily dose of natural beauty that will never get old. This feature truly sets the house apart and connects it directly to the heart of Davenport.

Stepping Back in Time: Grandeur Inside

As soon as you cross the threshold, you are transported to a grand, bygone era. The main level is designed to impress, with high ceilings, polished hardwood floors, and custom moldings that show the quality of craftsmanship from over a century ago. The heart of this floor is full of captivating, original details, including two original marble fireplaces that bring incredible warmth and history to the living spaces. In total, the house has three fireplaces, adding coziness to different rooms.

The hand-carved grand staircase is an exquisite centerpiece in the foyer, truly a stunning piece of woodwork. Look up in the main area and you will see the breathtaking hand-painted vaulted “sunrise ceiling.” This detail alone bathes the space in an elegant, golden light and showcases the level of artistry invested in this home.

A Modern Touch: The Gourmet Kitchen

While the house preserves its historical elegance, it offers modern comfort where it counts. The spacious gourmet kitchen is well-appointed with modern appliances, including a dishwasher, microwave, and refrigerator, all beneath solid surface counters. It has the space and features any home chef would love, making it perfect for both daily family life and entertaining a large group.

Luxurious Living Spaces

The house boasts five generous bedrooms and six bathrooms, giving everyone plenty of room and privacy. The primary bedroom on the upper level is a true retreat, featuring its own private parlor (sitting area) and a private full bathroom. It’s a lavish, comfortable suite. The upper level also holds three more bedrooms, each one with access to its own private full bathroom, which is a rare and wonderful feature in a home of this age. An additional bedroom on the main floor offers flexibility for guests or a home office.

An Amazing Investment Opportunity

After the extensive and loving renovation, the current owners have successfully used this stately residence as an Airbnb/Vacation Rental. This is an exciting part of the home’s story: in 2023 alone, it generated an impressive income of over $27,000. This makes the home not just a beautiful place to live, but also an amazing investment opportunity for the future owner. With its desirable location, stunning features, and established income potential, this magnificent Victorian mansion is a rare find.

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