NEW ROOF July 2026! If weekends at Rathbun Lake are your happy place, this property deserves a spot at the top of your list. Located in Lakeshore Heights just minutes from Honey Creek State Park and the boat ramp, this 3 BR, 2 BA home offers the perfect setup for relaxing, entertaining, and making lasting lake memories. Inside, the open-concept layout creates a comfortable gathering space after a day on the water. One of the standout features is the oversized 16.5 x 24 primary bedroom, attached primary bath with soaking tub, French doors, and private covered patio. Additional spaces throughout the home make it easy to host family and friends. Enjoy your coffee in the bright sunroom, or gather around the stone fire pit for evenings under the stars. The basement offers additional sleeping space, perfect for accommodating extra guests during busy summer weekends. Outside, you'll appreciate the wide concrete driveway, RV electrical hookup and water, and a finished 20 x 24 garage that works great as additional hangout space, or storage for lake gear. A storage shed provides even more room for outdoor equipment. And here’s the feature that truly sets this property apart: two additional flat lots are included, giving you the rare opportunity to build a shop, add another garage for all your lake toys. Schedule your showing and start imagining your summers at Rathbun Lake!
Active
Price cut: $23K (7/28)
$265,000
17788 Shanghi Rd, Moravia, IA 52571
3beds
1,306sqft
Single Family Residence
Built in 1972
0.94 Acres Lot
$-- Zestimate®
$203/sqft
$-- HOA
What's special
Stone fire pitFrench doorsOpen-concept layoutPrivate covered patioBright sunroom
- 186 days
- 299
- 8
Zillow last checked:
Listing updated:
Listed by:
Carie Leon 641-658-3111,
Iowa Realty South Lakes
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6336219
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
Interior area
- Total interior livable area: 1,306 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Garage spaces: 2
Accessibility
- Accessibility features: No Stairs Internal
Lot
- Size: 0.94 Acres
- Dimensions: 304 x 149.59 x 300 x 129.86 4 parcels included. House sits on .49 and two empty lots total .45
Details
- Foundation area: 1306
- Parcel number: 040142005940000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural/Municipality
Community & HOA
Community
- Subdivision: LAKESHORE HEIGHTS
HOA
- Has HOA: No
Location
- Region: Moravia
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $168,110
- Annual tax amount: $1,826
- Date on market: 3/10/2026
- Cumulative days on market: 187 days
- Inclusions: storage shed, fire pit
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Price change | $265,000-8%$203/sqft |
Source: | ||
| 5/1/2026 | Price change | $288,000-3.7%$221/sqft |
Source: | ||
| 3/10/2026 | Listed for sale | $299,000$229/sqft |
Source: | ||
| 12/23/2025 | Listing removed | $299,000$229/sqft |
Source: | ||
| 10/20/2025 | Listed for sale | $299,000+251.8%$229/sqft |
Source: | ||
| 8/15/2014 | Sold | $85,000+21.4%$65/sqft |
Source: | ||
| 9/7/2005 | Sold | $70,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,610 -0.9% | $168,110 +19.9% |
| 2024 | $1,624 +2.4% | $140,180 +7% |
| 2023 | $1,586 +5.3% | $131,010 +15.3% |
| 2022 | $1,506 +7.7% | $113,580 +2.8% |
| 2021 | $1,398 -0.1% | $110,450 +13.4% |
| 2020 | $1,400 -4.2% | $97,440 |
| 2019 | $1,461 -1.3% | $97,440 +8.6% |
| 2018 | $1,480 | $89,730 +20.5% |
| 2017 | $1,480 +20.3% | $74,480 |
| 2016 | $1,230 | $74,480 +0.3% |
| 2015 | $1,230 +17.4% | $74,270 +0.8% |
| 2014 | $1,048 +11.5% | $73,710 |
| 2013 | $940 | -- |
Find assessor info on the county website
Monthly payment
Est. payment





