Property Attributes
- ID#6337786
- TypeSingle Family
- Listing Status Active
- CountyAPPANOOSE
- CityMelrose
- AreaAppanoose
- Zip52569
- StyleRanch
- Year Built1981
- Taxes$ 4102
- Price$ 639,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2528
- Lot Size12 Acres
Data Source:
Iowa Association of REALTORS®
Property Description
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. 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.
| Price History | |
|---|---|
| 4/30/2026 | Listed $669,000 |
| 7/31/2026 | 5$639,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Heat Pump |
| Cooling | Central Air |
| Appliances | Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer |
| Garage Spaces | 4 |
| Architectural Style | Ranch |
| Construction Materials | Vinyl Siding |
| Year Built | 1981 |
| Topography | Rolling |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Accessibility | None |
| County | Appanoose |
| Property Type | Residential |
| Contingency | None |
| Other Structures | Outbuilding,Barn(s),Storage |
| Full Baths | 3 |
| Status | Active |
| Directions | See map—add to your GPS. Fr Moravia,head east on Highway J18 (also IA-2) and stay on it as you pass Lake Rathbun; continue toward the Honey Creek / Lazy Daze / Wind ‘n Waves area,then turn south off |
| Lot Size Units | Acres |
| Lot Size Square Feet | 522720 |
| Tax Annual Amount | 4102 |
| Living Area Units | Square Feet |
| Standard Status | Active |
| PostalCity | Melrose |
| Legal Description | S 1/2 NW SE SW & SW NE SE SW DESC ASCOM @ NW COR SE SW S 660',E 990',N |
Interior Features
| Basement | Walk-Out Access,Full |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2528 |
| 3/4 Baths | 1 |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Attached,Detached Garage,Gravel |
|---|---|
| Water Source | Rural/Municipality |
| Inclusions | Pole Barn 30x40 with attached 8x24 shed,concrete and electric Pole Barn 24x48 set up with 3 horse stalls and excess storage area Pond,stocked with gravity fed well and water hydrant Food plot,surroun |
| Lot Dimensions | unknown |
| Lot Size Acres | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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DMAAR: Des Moines Area Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Central Iowa Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating