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10674 112th Avenue Melrose, IA 52569 Residential -

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Description

This exceptional Southern Iowa hunting, fishing and outdoor recreational retreat, with house and guest cottage, is ideally located on Lake Rathbun's northwest shore and abuts Lake Rathbun and Waterfowl Refuge. This rare 12-acre estate offers unmatched privacy, stunning scenery, and direct access to over 23,000 acres of public and hunting land and 11,000 acres of premier fishing waters?perfect for outdoor enthusiasts. Designed for the avid outdoorsman, the property features an established food plot attracting trophy whitetail and turkey, plus a 30-foot-deep stocked pond with walleye, perch, and redear sunfish. The fully fenced rolling pasture includes a gravity-fed well and hydrant. Fruit trees and berries enhance both beauty and wildlife appeal. A 16x34 above-ground pool is ready for enjoyment. The updated main home offers 3 bedrooms and 3 baths with new windows, flooring, siding, and a renovated interior. The open-concept layout connects kitchen and dining areas, ideal for entertaining. The private owner's suite features a spa-like bath, while a wood-burning fireplace adds warmth. A semi-covered 12x55 front deck showcases stunning lake views. A separate 2-bedroom, 1-bath guest cottage?formerly a successful Airbnb/VRBO?offers income potential or guest space. Outbuildings include a 30x40 pole barn and a 24x48 barn with horse stalls. A rare opportunity for a home, getaway, or income-producing retreat.

Property Highlights

Property Type: Residential -
Total Living Area SF: 1,664
Lot Size: 12.00 acres
Garage Size: 4
Attached Garage
Built in 1981
One Fireplace

General Information

Bedrooms: 5
Bathrooms: 4
Sqft: 1,664
County: Appanoose
Listed By:
Bogle Realty LLC 641-437-4663
No Coast MLS
$669,000
Est. $4,335/mo
5beds
4baths
1,664sqft
4cars
Active
BEDS5 BATHS4 full SQUARE FEET1,664 MLS#6337786
STATUS PROPERTY TYPEResidential -

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10674 112th Avenue, Melrose, IA 52569.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $669,000$669,000$669,000
Down Payment $133,800$23,415$167,250
Monthly Mortgage Amount $3,209$3,938$4,133
Taxes $931$931$931
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$294$0
Monthly Estimated Total $4,335$5,358$5,259

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