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Residential Land with Home for Sale in Madrid, Iowa

2057 340th St, Madrid, IA 50156

$1,475,000
7.64 acres
Active
$120k drop
Est $8,776/mo

Experience the perfect blend of luxury and country living with this incredible acreage just outside of Madrid. Built in 2020 by Ridgewood Homes, this residence offers over 5,200 sq ft of living space, 6 bedrooms, and 7.64 acres. The main living areas feature an open floor plan. The living room has vaulted ceilings, a floor-to-ceiling fireplace, and windows that line both sides of the home. The kitchen is a dream, with a large island, quartz countertops, dual gas stove, and walk-in pantry. A large mudroom/drop zone leads to the laundry room and an additional room with sink and folding space. The primary suite overlooks the backyard and features dual sinks, a tile shower, and walk-in closet. Two bedrooms are located on the main level, along with a full bathroom and a half bathroom. The finished lower level boasts 9 ft ceilings, in-floor heat, an additional living room, rec room, workout room, wet bar with full fridge, 3 bedrooms, a full bathroom, and a half bathroom. Outside you'll find an oversized attached 2-car garage, patio, front porch, and a large yard. This property also includes three impressive shops: the first (approx. 60' x 30') with furnace and AC, the second with in-floor heat and three overhead doors, and the third with in-floor heat, three overhead doors, a bathroom, and office space. This one-of-a-kind property truly offers the space, amenities, and lifestyle you've been dreaming of.

2,817
Sq feet
6
Beds
2
Full baths
1
3/4 bath
2
1/2 baths
2020
Built

Location

Street address
2057 340th St
Community
Madrid
School district
Madrid
Elevation
968 feet
Coordinates
41.8641, -93.7652

Directions

Take Hwy 17. Turn east onto 340th Street. Continue for 2.7 miles. Home is on the north side of the road.

Property details

Acreage
7.64 acres
Zoning
ag
MLS #
DMAAR 726897
Posted

Property taxes

2024
$18,584 - BEG 2501.08' E OF SW COR, N 1*25'45"E 380.33', E 992.49', S 1*25'45", W 162' TO P.O.B. S 1/2 S 1/2

Parcels

  • 088225334300002

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Century 21 Real Estate

Lot

Features
Irregular Lot

Exterior

Parking
Garage
Pool
Patio

Structure

Style
Ranch
Stories
1
Sewer
Septic Tank
Heating
Forced Air, Natural Gas, Propane
Cooling
Central Air
Materials
Cement Siding, Stone
Roof
Asphalt, Shingle

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 6, Dining Room
Flooring
Carpet, Tile
Appliances
Dishwasher, Microwave, Refrigerator, Stove
Features
Dining Area, Eat In Kitchen, Wet Bar

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Nov 19, 2025Price drop$1,475,000$120,000 -7.5%DMAAR
Sept 25, 2025New listing$1,595,000DMAAR
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This 7.64-acre property is located at 2057 340th St in Madrid, IA 50156. The property is available for sale for $1,475,000. It has a 2,817 sq ft 6 bedroom, 2 bath house built in 2020.

Checked 1 hour ago — Updated

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