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$669,000
5 Beds 4 Baths 6337786 MLS
This exceptional Southern Iowa hunting, fishing, and outdoor recreational retreat, with a house and guest cottage, is ideally located on Lake Rathbun’s northwest shore and abuts Lake Rathbun and Waterfowl Refuge. This rare 12-acre estate offers unmatched privacy, stunning scenery, and direct access to over 23,000 acres of public and hunting land and 11,000 acres of premier fishing waters—perfect for outdoor enthusiasts. Designed for the avid outdoorsman, the property features an established food plot attracting trophy whitetail and turkey, plus a 30-foot-deep stocked pond with walleye, perch, and redear sunfish. The fully fenced rolling pasture includes a gravity-fed well and hydrant. Fruit trees and berries enhance both beauty and wildlife appeal. A 16x34 above-ground pool is ready for enjoyment. The updated main home offers 3 bedrooms and 3 baths with new windows, flooring, siding, and a renovated interior. The open-concept layout connects kitchen and dining areas, ideal for entertaining. The private owner’s suite features a spa-like bath, while a wood-burning fireplace adds warmth. A semi-covered 12x55 front deck showcases stunning lake views. A separate 2-bedroom, 1-bath guest cottage—formerly a successful Airbnb/VRBO—offers income potential or guest space. Outbuildings include a 30x40 pole barn and a 24x48 barn with horse stalls. A rare opportunity for a home, getaway, or income-producing retreat. Please review MLS 6339038 for more info on the main home for purchase.

10620 112th Ave, Melrose

Listing courtesy of Bogle Realty LLC.

$674,900
4 Beds 4 Baths 6337073 MLS
This isn’t just a home—it’s a lifestyle you’ll never want to leave. Welcome to your private escape on the 400-acre Lake Sundown, where every day begins with peaceful water views and ends with unforgettable sunsets. With 4 bedrooms and 3.5 bathrooms, this custom-built home was designed to bring the beauty of the outdoors in, offering stunning lake views from nearly every room. Imagine slow mornings on the expansive deck with coffee in hand, the water calm and quiet. Afternoons spent boating, fishing, or simply soaking up the sun—with your own boat slip making it effortless. Evenings gather friends and family around the firepit, laughter carrying through the air as the stars reflect off the lake. Inside, over 2,600 finished square feet provides warmth and comfort, with a walk-out basement featuring a wet bar—perfect for hosting or unwinding after a day on the water. The home has been meticulously maintained, with beautiful landscaping and thoughtful details like a stamped concrete walkway that welcomes you to the backyard retreat. With both an attached finished garage and a detached workshop, there’s space for all your lake toys, hobbies, and more. Whether it’s a weekend getaway or your forever home, this is where memories are made, traditions are built, and life slows down just enough to truly enjoy it.

29224 Westview Dr, Moravia

Listing courtesy of Bogle Realty LLC.

$615,600
6336266 MLS
Income Producing Farm with CRP, Row Crop & Recreational Appeal – SE of Centerville. Located just 1.7 miles east of Hwy 5 and Walmart on the southeast side of Centerville, this 108-acre tract offers a strong mix of income, productive soils, and hunting potential in a proven area of Appanoose County. The farm includes 29.28 acres enrolled in CRP paying $4,316 annually through 2035 and an additional 15.42 acres paying $1,971 annually through 2027. There are 42 acres of cash rented crop ground generating $8,300 annually. Total annual income is $14,587. The open acres carry a 48 CSR2 average, with the crop acres averaging 55 CSR2, providing solid productivity for southern Iowa. The crop lease is in place for immediate return. The balance of the property consists of timber, draws, and natural drainage that create strong wildlife travel corridors. The established CRP adds bedding cover, and with a pond in place and two access points off a gravel road, the farm lays out well for both hunting and long-term investment. Utilities and rural water are available at the road, offering flexibility for future plans if desired. This is a well-balanced 108-acre tract that offers income today and flexibility moving forward. Whether you’re looking to add to an existing land portfolio or secure a southern Iowa farm with long-term potential, this one is worth a serious look.

Dewey Road, Centerville

Listing courtesy of Hawkeye Farm Mgmt & Real Estat.

$745,000
4 Beds 4 Baths 6334146 MLS
Gated 13.5-acre retreat just minutes from Rathbun Lake Marina offering exceptional recreational and investment appeal. The 3,200 sq ft custom-built ranch (2009) features 4 bedrooms, 4 bathrooms, a fully finished basement, custom cabinetry, unique crown molding, and high-end finishes throughout. Enjoy a 360-degree wraparound porch with three swings, a swim spa, and a private pond with deck, slide, and high dive for true resort-style living. Perfectly positioned for Airbnb or short-term rental income, the 2,600 sq ft barn includes a nearly fully furnished 1 bed, 2 bath apartment plus a second open-concept high-efficiency suite with mini kitchen. Fiber optic internet serves both the home and barn, ideal for guests and remote work. Located just 5 miles from Rathbun Lake Marina, 6 miles from Centerville, and less than a mile from Hwy 5, this property offers excellent accessibility and rental potential. A custom cabana with handcrafted bar, pool table, and antique décor adds entertainment value, while the barn offers concrete floors, livestock/storage space, and a decorative hand-pump-style water feature. Partially fenced with no zoning restrictions—an exceptional opportunity for a personal retreat, income-producing investment, or both.

23502 465th St St, Centerville

Listing courtesy of Midwest Land Group LLC.