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Recreational Land with Home for Sale in Centerville, Iowa

23502 465th St, Centerville, IA 52544

$849,900
13.5 acres
Active
ago
Est $4,572/mo

Gated 13.5-acre retreat just minutes from Rathbun Lake Marina offering exceptional recreational and investment appeal. The 3,200 sq ft custom-built ranch (2009) features 4 bedrooms, 4 bathrooms, a fully finished basement, custom cabinetry, unique crown molding, and high-end finishes throughout. Enjoy a 360-degree wraparound porch with three swings, a swim spa, and a private pond with deck, slide, and high dive for true resort-style living. Perfectly positioned for Airbnb or short-term rental income, the 2,600 sq ft barn includes a nearly fully furnished 1 bed, 2 bath apartment plus a second open-concept high-efficiency suite with mini kitchen. Fiber optic internet serves both the home and barn, ideal for guests and remote work. Located just 5 miles from Rathbun Lake Marina, 6 miles from Centerville, and less than a mile from Hwy 5, this property offers excellent accessibility and rental potential. A custom cabana with handcrafted bar, pool table, and antique decor adds entertainment value, while the barn offers concrete floors, livestock/storage space, and a decorative hand-pump-style water feature. Partially fenced with no zoning restrictions--an exceptional opportunity for a personal retreat, income-producing investment, or both.

Sq feet
4
Beds
4
Full baths
2009
Built

Location

Street address
23502 465th St
Elevation
901 feet
Coordinates
40.806, -92.8406

Directions

Head south on HWY 5 south of Albia. Turn left (East) on 465th St before you reach Centerville. House is on your left 0.7 miles to East of HWY 5.

Property details

Acreage
13.5 acres
Zoning
Agriculture
MLS #
NCMLS 6334146
Posted

Property taxes

2024
$4,896

Parcels

  • 050151000532000

Legal description

Details and features

Listing

Type
Farm

Structure

Heating
Forced Air
Cooling
Central Air
Materials
Vinyl Siding

Interior

Rooms
Bathroom x 4, Bedroom x 4

Listing history

DateEventPriceChangeSource
Dec 5, 2025New listing$849,900NCMLS
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This 13.5-acre property is located at 23502 465th St in Centerville, IA 52544. The property is available for sale for $849,900. It has a 4 bedroom, 4 bath house built in 2009.

Checked 1 hour ago — Updated

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