220± acre recreational and income-producing farm located on Old Sixteen Rd near Waterville, Iowa in the heart of the Driftless Region. The property includes 92± FSA certified cropland acres, with a portion enrolled in CRP providing annual income while the balance offers additional flexibility for future use. This farm features rolling hills, established cover, timbered draws, and natural travel corridors that create excellent habitat for whitetail deer and turkey. A scenic pond enhances both the recreational appeal and wildlife presence across the property. Established ATV trails are in place, allowing for easy access throughout the farm and added year-round enjoyment. Improvements include a dwelling ideal for a hunting camp or private getaway, along with usable outbuildings that provide storage for equipment and gear. A strong combination of income potential, recreation, and usability, this property is well-suited for both investors and outdoor enthusiasts. Large, contiguous acreage with this level of diversity and improvements in Allamakee County rarely comes available. Note: This offering consists of 4 parcels
Pending
$2,100,000
588 Old Sixteen Rd, Waterville, IA 52170
--beds
--baths
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Mixed Use
Built in 1979
220 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Scenic pondEstablished coverTimbered drawsRolling hillsEstablished atv trailsNatural travel corridors
- 55 days |
- 313 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Mason R Berns 563-568-1011,
Allamakee Realty - LMRES LLC
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20261900
Facts & features
Interior
Bathroom
- Features: Separate Shower
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Built-In Oven, Dryer, Microwave, Refrigerator, Washer, Oven
- Laundry: 1st Floor
Features
- Basement: Wood
Property
Parking
- Parking features: Detached Garage
Features
- Levels: One
- Patio & porch: Deck
- Fencing: Partial
Lot
- Size: 220 Acres
- Dimensions: 1320' x 7260' et.
- Features: Rolling Property, Secluded, Hunting on or Near
- Topography: Partially Wooded,Rolling
Details
- Additional structures: Barn(s), Garage(s), Outbuilding, Shed(s)
- Parcel number: 2109200005
- Zoning: A
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Well, Private Well, Well Private
Community & HOA
Location
- Region: Waterville
Financial & listing details
- Tax assessed value: $332,700
- Annual tax amount: $4,123
- Date on market: 5/5/2026
- Cumulative days on market: 57 days
- Road surface type: Crushed Rock, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Pending sale | $2,100,000 |
Source: | ||
| 5/5/2026 | Listed for sale | $2,100,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,758 +5.1% | $260,800 +24% |
| 2024 | $2,624 +13.9% | $210,300 |
| 2023 | $2,304 +7.7% | $210,300 +39.5% |
| 2022 | $2,140 -1.2% | $150,800 |
| 2021 | $2,166 +2.4% | $150,800 +1.1% |
| 2020 | $2,116 -2.7% | $149,100 |
| 2019 | $2,174 +14.4% | $149,100 -12.3% |
| 2018 | $1,900 -9.5% | $170,000 +6.6% |
| 2017 | $2,100 +16% | $159,400 |
| 2016 | $1,810 | $159,400 -6.1% |
| 2015 | $1,810 -4.4% | $169,800 |
| 2014 | $1,894 +1.7% | $169,800 |
| 2013 | $1,862 +11% | -- |
| 2009 | $1,678 +6.1% | -- |
| 2008 | $1,582 -2.9% | -- |
| 2007 | $1,630 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 52170
Nearby schools
GreatSchools rating
- 5/10East Campus Elementary SchoolGrades: 3-5Distance: 11.7 mi
- 8/10Waukon Middle SchoolGrades: 6-8Distance: 12.1 mi
- 9/10Waukon High SchoolGrades: 9-12Distance: 12.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Allamakee County
- Waterville
- 52170
- 588 Old Sixteen Rd