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  • $850,000

    235th St, Promise City, IA 52583

    --beds
    --baths
    --sqft
    Farm
    Built in ----
    180 Acres Lot
    $864,700 Zestimate®
    $--/sqft
    $1,543 Estimated rent

    Home value

    $864,700

    Estimated sales range

    Not available

    $1,543/mo

    Zestimate® history
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    What's special

    Private easementEstablished crossingsYear-round recreation
    Income-Producing Recreational Property in Wayne County, Iowa If privacy and seclusion are your top priorities, this 180-acre m/l property in Wayne County is exactly what you're looking for. Situated northeast of Promise City, this unique parcel is accessible through private easement off 235th Street. It's also conveniently located just southwest of Rathbun Lake, Iowa’s second-largest lake, spanning 11,000 acres and offering year-round recreation including fishing, boating, swimming, hiking, and camping. The owner has enrolled 143.42 acres into income-generating conservation programs: 76.10 acres enrolled in the Conservation Reserve Program (CP38E-25) through 2035, generating $11,415 annually ($150/acre) 67.32 acres enrolled in the Marginal Pastureland Riparian Buffer (CP22) through 2031, providing $5,332 annually ($79.20/acre) Together, these contracts yield a total annual income of $16,747. The remaining 24 acres m/l are currently used for hay production and strategically placed food plots, enhancing the property's appeal to wildlife. Carls Creek flows through the property, and established crossings provide easy access across the entire farm. The combination of food, cover, and water creates an ideal habitat for deer, turkey, and upland game birds, making it a hunter’s paradise. Hunting rights will be available for the 2025 season. Improvements:Tile, ponds, food plots, creek crossings, good fencing Visit our website for more information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Duesenberg 641-529-0562,

    Peoples Company

    Bought with:

    Chase Duesenberg, ***

    Peoples Company

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6327798MLS Logo

    Facts & features

    Interior

    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 180 Acres
    Details
    • Parcel number: 080K22200004
    • Zoning: Agriculture

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Farm

    Community & neighborhood

    Location
    • Region: Promise City

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: RLIT

    Price history

    DateEventPrice
    11/18/2025Sold$850,000-17.9%
    Source: NoCoast MLS as distributed by MLS GRID #6327798 Report a problem
    8/18/2025Pending sale$1,035,000
    Source: NoCoast MLS as distributed by MLS GRID #6327798 Report a problem
    5/20/2025Listed for sale$1,035,000
    Source: NoCoast MLS as distributed by MLS GRID #6327798 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 52583

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.