152 Acres of Recreational Land & Farm for Sale in Melrose, Iowa

2325 520th Ave, Melrose, IA 52569

Images
Map
Street
1 / 50
$927,200
152 acres
Active sale agoEst $9,910/mo

Iowa Trophy Hunting and Recreational Property located just outside of Melrose, Iowa, less than 5 miles from Rathbun Lake. This 152-acre Monroe County, Iowa property offers remarkable hunting opportunities, year-round recreation, food plots, building potential, solid CRP income and high value white oak and walnut timber. The rugged terrain and heavy cover across the rolling topography makes for incredible wildlife habitat. Additionally, the established clover and corn food plots provide food sources, and the CRP provides additional bedding within the Native Warm Season Grass. The current income for the farm is made up of 4 separate CRP contracts generating $11,008 annually. In addition to the CRP payment, added income may be realized by harvesting the mature timber on this property; a recent estimate in 2022 put the value to the landowner at over $40,000. As vacation destination this property has building sites with access to utilities, year-round recreation with beautiful views and income. The current owner has carefully managed this property for over 15 years with the main objective of growing a healthy whitetail herd and top-end trophy whitetails. He will continue to own and manage the adjacent 240 acres to the west and will retain a low impact 30-foot access along the south border for ingress/ egress but will discuss his needs with perspective buyers to assure it won't disrupt their use.

Property details

Coordinates
40.974, -93.0504
Elevation
866 feet
Date Listed

This 152-acre property is located at 2325 520th Ave in Melrose, IA 52569 with latitude 40.974 and longitude -93.0504. The property is currently available for sale for $927,200 with a price per acre of $6,100.

Verify sale details at the property source or contact Hawkeye Farm Management & Real Estate at (641) 932-7796.

Report listing issue

Listing checked and updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.