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Residential Land for Sale in Penn Township, Iowa

Meadowlark Ln NE, Penn Township, IA 52240

$254,900
1.5 acres
Active sale
$5k drop
Est $1,835/mo

Positioned at the end of a quiet cul-de-sac within an exclusive, private HOA community, this exceptional 1.5-acre wooded homesite offers a rare opportunity to create a truly custom luxury retreat. Enveloped by mature timber and showcasing stunning 360-degree views, the setting delivers a sense of seclusion and natural beauty that’s increasingly hard to find. This property offers a unique balance of privacy and accessibility, just minutes from the Coralville Reservoir and its scenic trail system, perfect for hiking, walking, and enjoying the outdoors year-round. Despite its peaceful, tucked-away feel, the location provides effortless access to both Iowa City and North Liberty, each just a short 10-minute drive, shopping, dining, and daily conveniences. Bring your vision and choose your own builder to design a home that fully embraces the surrounding landscape with a timeless, nature-inspired estate. Located within the highly sought-after Iowa City Community School District, this property is assigned to Penn Elementary, North Central Junior High, and Liberty High School—making it an ideal setting for those seeking both lifestyle and long-term value. A premium wooded parcel of this size, setting, and location are limited. This is where luxury, privacy, and convenience converge.

Location

Street address
Meadowlark Ln NE, Lot 23
Community
Meadows Part 2
Elevation
791 feet
Coordinates
41.7246, -91.5527

Directions

Off Dubuque St NE. north of Interstate 80, turn east on West Overlook Rd NE. Take first left onto Lake Pointe Rd NE, take first left onto Meadow Cir NE, take first right onto Meadowlark Ln NE. Property is directly at end of Y-intersection.

Property details

Acreage
1.5 acres
Zoning
Residential
MLS #
ICAAR 202600820
Posted

Property taxes

Recent
$1,202

Expenses

Home Owner Assessments Fee
$2,000 annually

Parcels

  • 0721276005

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameType
PennElementary
NorthCentralMiddle
LibertyHighSchoolHigh

Listing history

DateEventPriceChangeSource
Apr 29, 2026Price drop$254,900$5,000 -1.9%ICAAR
Apr 22, 2026Price drop$259,900$5,100 -1.9%ICAAR
Feb 4, 2026Relisted$265,000ICAAR
Feb 4, 2026Listing removed$265,000Listing agent
Jan 31, 2026New listing$265,000ICAAR
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This 1.5-acre property is located at Meadowlark Ln NE Lot 23 in Penn Township, IA 52240. The property is available for sale for $254,900 with a price per acre of $169,933.

Listed by Lepic-Kroeger, REALTORS, (319) 351-8811

Checked 1 hour agoUpdated Source

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Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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