Water Views
Address
10620 112th Avenue, Melrose, IA
Price
$ 639,000
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

Property vs Single Family Average in 52569

Price
AVG $340K
$640K
Taxes
AVG $2,189
$4,102
Year Built
AVG 1982
1981
Visits
AVG 8
6
Data Provided by Inside Real Estate®