Moutlon Real Estate | Moutlon Properties under $200,000 for Sale

FLAT lot less than a 1/2 mile from Hwy S70 in Wind 'n Waves Subdivision near Rathbun Lake. No need to worry about HOA fees or restrictions, because there are none! Only Appanoose County Zoning restrictions apply. Water and electric are at the road to tie into and a private septic system will be needed. Drive by and take a look today!

813 Lakeshore Dr, Melrose

Listing courtesy of Iowa Realty South Lakes.

Lots 18 & 19 Blk 2 Lakeshore Heights, Moravia

$21,000

6338560 MLS

DOUBLE LOT IN LAKESHORE HEIGHTS! Close to Honey Creek State Park, this desirable subdivision is a great place to build your dream lake home or permanent residence. A private septic system will be required, and electricity and water are at the road to tie into. The slope of the land may make a perfect landscape to build a ranch with walk-out basement. Add an upper level deck to enjoy sunrises and nature!

Lots 18 & 19 Blk 2 Lakeshore Heights, Moravia

Listing courtesy of Iowa Realty South Lakes.

$49,900

6338372 MLS

Don't miss out on this beautiful 1.87 acre m/l lot to build your dream home in the desirable Country View Addition just north of Centerville! Situated along paved 205th Street and just north of the golf course, this gently sloping property offers an excellent setting for a custom home with scenic countryside views. Utilities are ready to go with electricity and rural water available at the road, making development convenient and cost-effective. Enjoy the peaceful rural atmosphere while still being just minutes from town amenities, shopping, schools, and recreation. Whether you are looking to build now or invest for the future, this prime acreage offers the perfect combination of location, accessibility, and natural beauty. Additional 1.99 ac adjoining lot available.

19542 205th Ave, Centerville

Listing courtesy of Iowa Realty South Lakes.

$49,900

6338371 MLS

Beautiful 1.99-acre sloping lot located on paved 205th Street in Country View Addition, just north of Centerville, Iowa. Ideally positioned just north of the golf course, this attractive property offers a peaceful country feel with convenient access to town amenities. Electricity and water are available at the road, making it an excellent opportunity for a custom build in a desirable location. The gently rolling terrain adds character and scenic appeal, creating a great backdrop for your dream home. Additional adjoining lot 1.87 acre available.

19590 205th Ave, Centerville

Listing courtesy of Iowa Realty South Lakes.

$11,000

6337951 MLS

Build your dream near the lake in Parkside Knolls! This .21-acre vacant lot offers an excellent opportunity to create your ideal getaway or full-time residence just minutes from the water. Whether you’re looking to build now or secure land for the future, this is a fantastic opportunity in a sought-after area. Enjoy a prime location close to Honey Creek State Park. With a nearby boat ramp, you’ll have quick and easy access for fishing, boating, and soaking up lake life all season long. Don’t miss your chance to own a piece of lake country—start planning your build today!

LOT 51 Parkside Knolls, Moravia

Listing courtesy of Iowa Realty South Lakes.

$72,000

2 Beds ⋅ 1 Baths ⋅ 6337723 MLS

Welcome to 1903 S 16th St! This charming 2 bed, 1 bath home features fresh updates throughout and a warm, inviting feel from the moment you walk in. You’ll love the beautiful exposed brick that adds character to the main living areas, along with a nicely updated kitchen complete with an eat-in bar—perfect for casual meals or entertaining. Both bedrooms offer comfortable space with great natural light, making them ideal for a primary bedroom, guest room, or even a home office setup. The bathroom is generously sized with plenty of room, plus convenient in-home laundry. Step outside to enjoy the backyard—perfect for relaxing, letting pets run, or hosting summer get-togethers.The detached garage provides great space for parking, storage, or a workshop setup.

1903 S 16th, Centerville

Listing courtesy of Bogle Realty LLC.

$165,000

2 Beds ⋅ 1 Baths ⋅ 6337717 MLS

COUNTRY LIVING!!! Charming 2-bedroom, 1-bath home on just under an acre in a peaceful rural setting just outside Centerville, approximately 3 miles from John Deere and a short drive to Rathbun Reservoir. The home features a metal roof, an inviting eat-in kitchen, a cozy mudroom with washer and dryer space, and an attached greenhouse on the south side. Relax on the covered front porch while enjoying beautiful sunset views, or enjoy the spacious yard with room for gardening and outdoor activities. Beyond the 2-car attached garage, the barn offers a new metal roof, a vehicle bay, two lower-level rooms, a large attic for storage, and an additional south-side bay for a vehicle or boat. A concrete slab beside the hen house on the east side provides RV or boat parking. Several outbuildings and two wood-burning stoves—one inside and one outside—complete this property, with plenty of space for hobbies, storage, and country living!

18745 Hwy J46, Centerville

Listing courtesy of Bogle Realty LLC.

$39,900

3 Beds ⋅ 1 Baths ⋅ 6337695 MLS

Welcome to 313 Haynes in Centerville! This charming 3-bedroom, 1-bath home offers a comfortable layout with a spacious eat-in kitchen—perfect for everyday living and gathering with family and friends. This home is a great opportunity for first-time buyers, downsizers, or investors. Conveniently located near local amenities, this property combines small-town charm with practical living. Come take a look!

313 N Haynes Ave, Centerville

Listing courtesy of Bogle Realty LLC.

$8,900

6337638 MLS

Discover your perfect getaway with Lot 45 in Parkside Knolls, located in charming Moravia near Lake Rathbun! If you’ve been dreaming of escaping the hustle and bustle of city life, this is your opportunity to own a slice of peaceful southern Iowa. Ideally situated just minutes from Honey Creek State Park and the boat ramp, you’ll have quick and easy access to the lake—making it simple to spend your days boating, fishing, or soaking up the sun. Whether you’re planning to build a weekend retreat or your forever home, this lot offers the perfect setting. Enjoy the quiet surroundings of this desirable subdivision, where relaxation and nature take center stage. Embrace lake life, fresh air, and a slower pace—your retreat awaits at Parkside Knolls at Lot 45!

Lot 45 Parkside Knolls, Moravia

Listing courtesy of Real McCoy Realty LLC.

$8,900

6337633 MLS

Discover your perfect getaway with Lot 42 in Parkside Knolls, located in charming Moravia near Lake Rathbun! If you’ve been dreaming of escaping the hustle and bustle of city life, this is your opportunity to own a slice of peaceful southern Iowa. Ideally situated just minutes from Honey Creek State Park and the boat ramp, you’ll have quick and easy access to the lake—making it simple to spend your days boating, fishing, or soaking up the sun. Whether you’re planning to build a weekend retreat or your forever home, this lot offers the perfect setting. Enjoy the quiet surroundings of this desirable subdivision, where relaxation and nature take center stage. Embrace lake life, fresh air, and a slower pace—your retreat awaits at Parkside Knolls!

Lot 42 Parkside Knolls, Moravia

Listing courtesy of Real McCoy Realty LLC.

$15,000

6337617 MLS

Start planning your Lake Rathbun getaway with Lot 33 in Parkside Knolls! Located just minutes from Honey Creek State Park, this lot offers an excellent opportunity to build a cabin, weekend retreat, or full-time home close to everything the lake area has to offer. Enjoy convenient access to boating, fishing, golf, and outdoor recreation while owning an affordable piece of the Rathbun lifestyle. Whether you're ready to build now or looking to secure land for the future, this property gives you flexibility to make it your own. If you've been thinking about a place near Rathbun without the premium price of waterfront property, this is your chance to get started. Lot 34 is also available for purchase

Lot 33 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$15,000

6337615 MLS

Build your getaway in the heart of Lake Rathbun’s most convenient locations! Lot 34 in Parkside Knolls offers the perfect opportunity to create your own weekend retreat or future full-time home just minutes from the lake. Located near Honey Creek State Park, you’ll enjoy quick access to boat ramps, fishing, golf, and all the recreation Rathbun has to offer. This lot is ideal for those looking to invest in a relaxed, lake-focused lifestyle—whether you're ready to build now or planning for the future. Parkside Knolls is a well-maintained subdivision with a peaceful setting, making it a great choice for a cabin, seasonal escape, or retirement home base. Enjoy the benefits of lake living without the waterfront price tag. If you've been thinking about owning a place near Rathbun, this is an affordable way to make it happen. Lot 33 is also available for purchase.

Lot 34 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$16,000

6336536 MLS

Great location for building a new home. Three lots on one parcel. Paved street, with all city utilities available. Close to IHCC, city park and pickle ball cort for recreation, and the Historic Centerville City Square. Three lots are included in the 536 N 3rd Address parcel #340011023240000. Plus One more lot across the street is also included, 529 N 3rd Address parcel #340011016160000. There are four lots total that is selling with this listing. "All lots are subject to Centerville Zoning Requirements and potential buyers that plan to build on any of the listed lots should be advised to contact the City of Centerville for building requirements".

536 N 3rd St, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$40,000

6336461 MLS

Investor opportunity! This duplex offers solid cash flow potential in the heart of Centerville, IA. Owner currently covers water and trash expenses - exact amounts to be verified. A second property, 404 N. 10th. Street (Centerville, IA.) is also available for sale by the same owner. Investors purchasing both properties together would be available for a $2,500 discount per property with an asking price of $75,000 if BOTH properties are purchased together. This is a rare chance to expand your portfolio in one move. Don't miss this value - add opportunity! Accepted Offer - Seller taking Backup Offers

116 N Haynes Ave, Centerville

Listing courtesy of Century 21 Trinity.

$40,000

6336460 MLS

Investor opportunity! This duplex offers solid cash flow potential in the heart of Centerville, IA. Owner currently covers water and trash expenses - exact amounts to be verified. A second property, 116 N. Haynes (Centerville, IA.) is also available for sale by the same owner. Investors purchasing both properties together would be available for a $2,500 discount per property, for a total of $75,000 if BOTH properties are purchased together. This is a rare chance to expand your portfolio in one move. Don't miss this value - add opportunity! Accepted Offer- Seller accepting backup offers

404 N 10th St, Centerville

Listing courtesy of Century 21 Trinity.

$49,500

6336249 MLS

Two lots located on a high-traffic highway with great visibility. Water and electric available on site. Excellent opportunity for commercial development or investment.

807 E Maple St, Centerville

Listing courtesy of Bogle Realty LLC.

$9,999

6335961 MLS

Looking for a nice, flat lot close to Rathbun Lake? This cleared, flat lot in the Wind-n-Waves subdivision may be just the one! 2.8 miles from Bridgeview boat ramp, 11 minutes from Honey Creek State Park, and only 1 1/2 hours from Des Moines.

LOT 5 BLK 3 Wind-N-Waves, Melrose

Listing courtesy of Iowa Realty South Lakes.

$119,900

2 Beds ⋅ 2 Baths ⋅ 6335703 MLS

Charming and move-in ready, this beautifully updated 2-bedroom, 2-bath ranch offers comfortable one-level living with exceptional space inside and out! Step into the large, inviting living room featuring built-in shelving—perfect for displaying décor, books, and keepsakes. Brand-new flooring flows throughout the home, creating a fresh, modern feel in every room. The thoughtfully designed layout includes main-level laundry for added convenience and everyday ease. The full basement provides endless possibilities—whether you envision additional living space, a home gym, workshop, or abundant storage. Car enthusiasts, hobbyists, and anyone needing extra space will love the impressive 22 x 36 detached garage. With three car stalls, concrete floors, full insulation, and electricity already in place, this garage is ready for projects, storage, or year-round use. Situated on an additional lot, the property offers extra yard space for recreation, gardening, or future expansion—adding even more value and versatility. This well-maintained ranch combines functionality, updates, and room to grow—don’t miss your opportunity to make it yours!

516 N 8th St, Centerville

Listing courtesy of Bogle Realty LLC.

$85,000

6335041 MLS

Lot 12 in Walnut Creek Subdivision at Rathbun Lake is 4 acres m/l located just off the dead-end county road that leads to the back entrance of the subdivision. The cul-de-sac serves four parcels, including this one. You can simply drive straight from the county road to reach it. The views are stunning, with the creek bottom directly in front and the Little Walnut Creek valley to the west. The top of the hill is covered with nice timber, ideal for building a home or a beautiful backyard. Imagine sitting on your back deck in the evening, watching the stars twinkle and deer roam the creek bottom. You'll feel grateful to be alive! This acreage is the first one off the subdivision road. Walnut Creek Subdivision is about one mile from Rathbun Lake Dam and the boat launch.

Nka, Centerville

Listing courtesy of Hometown Realty.

$140,000

6334679 MLS

A beautiful 10-acre m/l parcel situated in the Walnut Creek Subdivision at Rathbun Lake is available for you. The private drive leading to the property offers a sense of seclusion and privacy, with stunning views of Little Walnut Creek. There is plenty of space to create a lovely yard and build your dream home or cabin. Walnut Creek Subdivision is about a mile from the Rathbun Lake Dam and boat launch, accessible via a paved county road. The location provides convenient access to Centerville, Iowa, for dining and shopping. It’s an ideal spot to spend quality time with family and friends while exploring Southern Iowa and Rathbun Lake. At Walnut Creek Subdivision, you can enjoy breathtaking views and gaze at the brighter stars in the night sky.

Hwy J29, Centerville

Listing courtesy of Hometown Realty.

$165,000

6333250 MLS

Beautiful, well maintained, 2 story, 3750 square foot building, built in 2006 and currently being used as a rental venue that also has potential for so many other uses! Open floor plan with amazing kitchen area that was added in 2015 and designed with a buffet line in mind. Twenty feet of high counter and also twenty feet of low counter space give tons of work area as well as display area. Lots of cabinet space and extra sinks make this a dream kitchen. Ample outlets behind the counter and throughout the building. Two full floors with a stairway leading upstairs from both ends of the building offers so much versatility for the use of this one-of-a-kind building. This amazing space has two restrooms, one that was original to the building in 2006, and one that was added in 2015, a utility room with lots of storage area, and also an upstairs dressing room. The first floor has a double-wide glass entrance door and a beautiful beamed high ceiling. The custom-built open staircase inside the front door has been a gorgeous focal point for photos since the remodel in 2015. The upstairs is a wide-open entertainment space with the dressing room near the back staircase. Tons of natural light with a total of 42 windows adorn the building. This is a unique opportunity with so many options! A garden area out back has a beautiful flowerbed and perfect seating area for outside entertainment. Bring your ideas and make it your dream business! Let's take a tour soon! Owner is the listing agent

103 W Main St, Exline

Listing courtesy of Sunrise Realty.

$150,000

4 Beds ⋅ 2 Baths ⋅ 6332323 MLS

Don’t miss this rare opportunity to own a spacious ranch-style home nestled on 15 flat lots, totaling just under 4 acres in the peaceful community of Mystic, Iowa just minutes from the recreational paradise of Rathbun Lake. Boasting over 2,600 sq ft of comfortable living space, this home offers room to grow both inside and out. Whether you're looking for a serene primary residence, a weekend retreat, or an investment opportunity, this property is brimming with potential. The flat, open lots offer ideal conditions for building projects, gardening, outdoor entertaining, or even expanding your real estate portfolio. The surrounding neighborhood is quiet and friendly, providing the perfect backdrop for country living with easy access to nearby amenities and lake activities. Take advantage of the space, the location, and the opportunity. Schedule a showing today!

301 Jefferson St, Mystic

Listing courtesy of Bogle Realty LLC.

$200,000

3 Beds ⋅ 2 Baths ⋅ 6331926 MLS

Reduced - A great price and great value! Charming 3-Bedroom, 2-Bath Split-Level Home on a Corner Lot Don’t miss this beautifully maintained split-level home featuring 3 spacious bedrooms and 2 full baths. Nestled on a quiet street, this in-town property offers the peaceful feel of country living with abundant wildlife and privacy all around. Enjoy two levels of comfortable living space, freshly updated with new interior paint, a newer roof, and updated siding. The home features a convenient main floor laundry/bath combo, and you'll love relaxing in the large garden tub. Step outside to enjoy multiple outdoor spaces including a covered porch (shelter house), deck, and patio — perfect for entertaining or just enjoying the serenity. A two-car detached garage offers ample storage, plus there's plenty of additional parking space. The property also includes a Shelter House for shade and for your enjoyment. Schedule your showing today!

1006 N 14th St, Centerville

Listing courtesy of Real McCoy Realty LLC.

$199,000

2 Beds ⋅ 3 Baths ⋅ 6330254 MLS

This lovely home sits in an ideal location on beautiful Drake Ave. in Centerville. The large corner lot is bordered by an alley on the side and another alley borders the back, giving easy access for an unattached garage to be built in the back yard. The home already has an attached, 2 car garage that is actually finished too nicely to be used as a garage. The stone facade and new sidewalks add so much curb appeal. The inside has several nicely done newer upgrades, but a touch of 1950's nostalgia was purposely left and only adds to the charm. A stunning wood burning fireplace adorns one entire wall in the living room, and there is an additional family room/dining room. Two bedrooms and 2 baths (one brand new and one that has been left with the original character) are on the main floor. The open concept kitchen currently has a laundry area, but there are also hookups in the basement. The basement walls have been replaced and finishing this space would be easy and would give so much more living space! A nonconforming bedroom and 1 bath are in the lower level and the storage is substantial. This gorgeous home is located within sight of the YMCA, a medical clinic, and only a short walk from the historic town square, which has so many unique shops and restaurants. The city park, with an amazing pool, tennis courts, and walking paths is also just a short jaunt from this awesome property. Drake Avenue is lined with stunning historic homes and is a highly sought-after neighborhood.

700 Drake Ave, Centerville

Listing courtesy of Sunrise Realty.

$27,000

2 Beds ⋅ 1 Baths ⋅ 6330066 MLS

Income potential! Check out this 2-bedroom 1 bathroom home within close proximity to the square, schools and shopping. Whether you're looking for a rental property, starter home or downsizing, this is a great little home. Electrical has been cut at the breaker box and will need reconnected. Call your agent to schedule a viewing!

403 W Van Buren St, Centerville

Listing courtesy of Bogle Realty LLC.

$129,000

6329204 MLS

Welcome to Lot 15, 158 Lake Drive! Lot 15 Lago Vista offers a prime commercial opportunity with direct frontage on Hwy S70. ideal for a business, shop, or mixed-use space serving the Lake Rathbun area. This spacious lot sits at the entrance to Lago Vista, providing excellent visibility and access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line.

158 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$95,000

6329203 MLS

Welcome to Lot 14, 254 Lake Drive Lago Vista! Lot 14 offers wooded privacy, lake views, and walkout potential on a beautifully sloped 2.25+ acre site. Enjoy mature trees, quiet surroundings, and close lake access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

254 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$95,000

6329202 MLS

Welcome to Lot 13, 336 Lake Drive Lago Vista! Lot 13 provides a gently elevated, tree-lined setting with potential lake views on 3.0 acres. Great location for a private build. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

336 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$89,000

6329198 MLS

Welcome to Lot 7, 113 Cove Road Lago Vista! Lot 7 offers one of the best values in Lago Vista featuring daylight potential, a partial lake view, and a backdrop of mature trees. This 1.3 acre lot is ideal for a daylight build and offers a peaceful setting for your full-time home or weekend retreat. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Rathbun Regional Water, Chariton Valley Electric and high-speed fiber internet are all available at the lot line. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

113 Cove Rd, Melrose

Listing courtesy of Boutique Real Estate.

Moutlon Properties under $200,000 for Sale

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