11.26-ACRE ACREAGE • PASTURE • TIMBER • HORSE BARN • POOL Welcome to your own private retreat! Beautifully maintained inside and out, this stunning acreage is situated on 11.26 acres featuring a wonderful mix of pasture, timber and scenic trails, all in a gorgeous country setting. A creek runs along the property line, adding to the beauty and peaceful atmosphere—and the property is not located in a flood plain. Perfect for horse lovers and outdoor enthusiasts, the property includes a horse barn, an additional storage/utility building, beautiful landscaping, apple trees, and plenty of room to roam and explore. The home offers 4 bedrooms and 2 bathrooms, with 3 bedrooms on the main level and 1 lower-level bedroom with an egress window. The spacious main-level living room features an electric fireplace, while the lower level offers a large family room with a second electric fireplace and wet bar, creating a great space for entertaining or relaxing. Step outside to your own backyard oasis featuring a pool, hot tub and multi-level deck surrounded by beautiful landscaping and peaceful acreage views. An attached 2-stall garage completes this impressive property. 11.26 acres of pasture, timber, trails, water and privacy—combined with a beautifully maintained home and an incredible outdoor setting. This is more than a home—it's the acreage lifestyle you've been waiting for! Call today for additional information or to schedule your private showing!
For sale
$520,000
18001 40th St, Oelwein, IA 50662
4beds
2,613sqft
Acres
Built in 1979
11.26 Acres Lot
$495,200 Zestimate®
$199/sqft
$-- HOA
What's special
Second electric fireplacePeaceful acreage viewsHot tubWet barScenic trailsLarge family roomBeautiful landscaping
- 21 days
- 892
- 45
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jennifer L Drewelow 319-284-2283,
Century 21 Signature RE - Oelwein
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263770
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: 1st Floor Entry, Lwr Level Family Room, Living Room Separate
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air, Natural Gas, Propane Rented
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Free-Standing Range, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
- Laundry: 2nd Floor
Features
- Beamed Ceilings, Ceiling Fan(s), Solid Surface Counters, Wet Bar
- Doors: Sliding Doors
- Basement: Block,Concrete,Interior Entry,Partially Finished
- Has fireplace: Yes
- Fireplace features: Multiple, Electric
Interior area
- Total interior livable area: 2,613 sqft
- Finished area below ground: 1,050
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Attached Garage, Garage Door Opener, Oversized
- Has attached garage: Yes
- Carport spaces: 2
Features
- Patio & porch: Deck-Multi-Level
- Exterior features: Garden, Horses Okay
- Pool features: Above Ground
- Has spa: Yes
- Spa features: Hot Tub
- Waterfront features: Stream on Property
Lot
- Size: 11.26 Acres
- Dimensions: 11.26 acres
- Features: Landscaped, Secluded, Wooded, Hunting on or Near
- Residential vegetation: Fruit Trees, Timber
Details
- Additional structures: Storage, Outbuilding
- Parcel number: 1819200007
- Zoning: R-R
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Horse Facility
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Acres
Materials
- Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
Location
- Region: Oelwein
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $327,800
- Annual tax amount: $3,226
- Date on market: 8/12/2026
- Cumulative days on market: 22 days
- Road surface type: Concrete, Gravel
Estimated market value
$495,200
$470,000 - $520,000
$2,119/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $520,000$199/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20263770 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,110 -1% | $327,800 +11.1% |
| 2024 | $3,142 +3.4% | $295,020 |
| 2023 | $3,040 -0.1% | $295,020 +26% |
| 2022 | $3,042 +5.2% | $234,060 |
| 2021 | $2,892 +2% | $234,060 +10.6% |
| 2020 | $2,836 +7.5% | $211,580 |
| 2019 | $2,638 +15.5% | $211,580 +8.2% |
| 2018 | $2,284 -10.6% | $195,560 +18.6% |
| 2017 | $2,556 +15.2% | $164,900 |
| 2016 | $2,218 | $164,900 |
| 2015 | $2,218 +2.3% | -- |
| 2014 | $2,168 +7.5% | -- |
| 2013 | $2,016 -6.1% | -- |
| 2012 | $2,146 +2.4% | -- |
| 2011 | $2,096 +4.2% | -- |
| 2010 | $2,012 +13.9% | -- |
| 2009 | $1,766 +6.3% | -- |
| 2008 | $1,662 +4.9% | -- |
| 2007 | $1,584 +12% | -- |
| 2005 | $1,414 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50662
Nearby schools
Schools provided by the listing agent
- Elementary: Oelwein
- Middle: Oelwein
- High: Oelwein
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $399,5002 bd2 ba1.6k sqft4043 R Ave, Oelwein, IA 50662For Sale
MLS ID #20263775, Jennifer L Drewelow, Century 21 Signature RE - Oelwein. Northeast Iowa Regional BOR as distributed by MLS GRID - $270,0003 bd3 ba2.2k sqft307 7th Ave SE, Oelwein, IA 50662For Sale
MLS ID #20263807, Jennifer L Drewelow, Century 21 Signature RE - Oelwein. Northeast Iowa Regional BOR as distributed by MLS GRID - $299,9004 bd3 ba2.4k sqft913 E Charles St, Oelwein, IA 50662For Sale
MLS ID #20261494, Jennifer L Drewelow, Century 21 Signature RE - Oelwein. Northeast Iowa Regional BOR as distributed by MLS GRID - $284,9004 bd2 ba2.1k sqft706 7th St SE, Oelwein, IA 50662For Sale
MLS ID #20263478, Noelle Coleman, EXIT Realty Unlimited Oelwein. Northeast Iowa Regional BOR as distributed by MLS GRID
