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Residential Land with Home for Sale in Shenandoah, Iowa

1026 State Highway 2, Shenandoah, IA 51601

$399,999
2 acres
Active
$49k drop
Est $2,457/mo

Acreage with a Story: Sunrise Views, Studio Space & Room to Thrive!

This one-of-a-kind property sits on 2 peaceful acres and offers charm, flexibility, and income potential. The main home features one-level living with laundry, formal dining, and a cozy fireplace. Enjoy your morning coffee on the back deck as the sun rises over the countryside, bringing a sense of calm and tranquility. The basement provides bonus space that can be used as a rec room, home office, or additional living area. Bonus Non-Conforming room could be easliy transformed into a 4th Bedroom.

What truly sets this property apart is the detached studio--a rare gem for artists, creators, and visionaries. Once the renowned Greenwalt Studio & Gallery, this inspiring space was home to celebrated artist Larry Greenwalt. A hand-painted mural still graces the spiral staircase, and natural light fills the interior, making it ideal for painting, sculpting, photography, or even hosting workshops and exhibitions. Whether you're a working artist or someone seeking a creative escape, this studio offers limitless potential.

Experience peace, inspiration, and possibility--this is tranquil country living with space to thrive and create.

2,331
Sq feet
3
Beds
3
Full baths
1978
Built

Location

Street address
1026 State Highway 2
Elevation
1,063 feet
Coordinates
40.7416, -95.3805

Property details

Acreage
2 acres
Posted

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Listing history

DateEventPriceChangeSource
Oct 29, 2025Price drop$399,999$49,001 -10.9%Listing agent
Aug 26, 2025Price drop$449,000$10,000 -2.2%Listing agent
July 17, 2025Price drop$459,000$20,000 -4.2%Listing agent
June 11, 2025New listing$479,000Listing agent
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This 2-acre property is located at 1026 State Highway 2 in Shenandoah, IA 51601. The property is available for sale for $399,999. It has a 2,331 sq ft 3 bedroom, 3 bath house built in 1978.

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