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5232 1st St, Melrose
$125,000
1 Beds ⋅ 1 Baths ⋅ 6343177 MLS
Your little slice of lake country paradise awaits! This charming furnished cabin in Lazy Daz Development sits right on the community fishing pond with a beautiful view. Step onto your deck, cast a line, and enjoy the peaceful setting! Inside, you’ll find a cozy layout complete with a loft, making great use of the space. Outside, enjoy raised garden beds and a 12' x 14' insulated shed with electricity for extra storage or hobbies. A golf cart is included, perfect for cruising around the community! Lazy Daz offers plenty to enjoy, including a community center, playground, shower house, and fishing pond. Plus, you’re conveniently located near Rathbun Lake for even more boating, fishing, and outdoor fun. Whether you're looking for a weekend getaway, summer retreat, or your own peaceful escape, this cabin is ready to enjoy!

5232 1st St, Melrose

88 Arrowhead Rd, Melrose
$138,000
3 Beds ⋅ 2 Baths ⋅ 6340446 MLS
Enjoy the perfect lake retreat at Indian Ridge subdivision, just minutes from beautiful Rathbun Lake. Situated on two lots, this well-maintained 3-bedroom, 2-bath fully furnished manufactured home offers plenty of space for relaxing, entertaining, and storing all your lake toys. The open-concept floor plan features a spacious kitchen, dining, and living area, creating a warm and inviting atmosphere for family and friends. A bright four season room provides additional living space to enjoy year-round. Outside, you'll find a heated two-stall garage and a large enclosed carport that's ideal for a boat, motorhome, or extra recreational equipment. Whether you're looking for a full-time residence, weekend getaway, or vacation property, this home offers the perfect combination of comfort, convenience, and outdoor recreation. Located just minutes from boating, fishing, hunting, hiking, and all that Rathbun Lake has to offer, this is your opportunity to enjoy lake living at its finest.

88 Arrowhead Rd, Melrose

10674 112th Ave, Melrose
$399,900
3 Beds ⋅ 3 Baths ⋅ 6339038 MLS
Exceptional Southern Iowa recreational retreat on Lake Rathbun's northwest shoreline! This rare 7-acre m/l property borders Lake Rathbun and the Waterfowl Refuge, offering direct access to over 23,000 acres of public hunting and recreational land and 11,000 acres of premier fishing waters. Perfect as a full-time residence, hunting lodge, vacation getaway, horse property, or investment opportunity, this property is designed for outdoor living. Features include an established food plot that attracts trophy whitetail deer and turkey, a stocked 30-foot-deep pond with walleye, perch, and redear sunfish, fenced pasture with gravity-fed well and hydrant, fruit trees, and berry plantings. The updated home offers 3 bedrooms and 3 bathrooms with new windows, siding, flooring, and extensive interior renovations. The open-concept layout is ideal for entertaining, while the spacious owner's suite features a spa-like bath. A wood-burning fireplace adds warmth and character, and the semi-covered 12x55 front deck provides stunning views of Lake Rathbun and the surrounding countryside. Additional improvements include a 30x40 pole barn and a 24x48 barn with horse stalls, providing ample space for boats, ATVs, equipment, livestock, and recreational vehicles. Properties offering this combination of lake views, hunting, fishing, acreage, wildlife habitat, privacy, and updated living space are rarely available.

10674 112th Ave, Melrose

101 Tipperary St, Melrose
$190,000
3 Beds ⋅ 2 Baths ⋅ 6337910 MLS
This property includes a nice 2-story home, detached garage, and great building - all on 1.2 acres inside the community of Melrose just 7 miles north of Lake Rathbun. The main floor offers a mudroom at the back entrance with laundry, full bathroom, a large dining room, and a very spacious oak kitchen with cabinet and counter space you've been dreaming of! The living room features an electric fireplace, and tall windows allow for great natural light throughout the entire main floor. Upstairs are three bedrooms, a large walk-in closet, and a second bathroom with tiled shower. Stamped concrete patio in the back is ideal for entertaining and relaxing. The 30 x 60 insulated building with concrete floor is a great bonus. The west end is heated and cooled by a new mini-split. Garden areas, established fruit trees, fantastic parking and storage - don't miss out on this property, schedule your showing today!

101 Tipperary St, Melrose

10620 112th Ave, Melrose
$599,900
5 Beds ⋅ 4 Baths ⋅ 6337786 MLS
This exceptional Southern Iowa hunting, fishing, and outdoor recreational retreat, with a 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. 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. Please review MLS 6339038 for more info on the main home for purchase.

10620 112th Ave, Melrose

5253 5th St, Melrose
$84,500
1 Beds ⋅ 1 Baths ⋅ 6337556 MLS
Tucked away in the peaceful community of Lazy Daz near Rathbun Lake, this like new cabin is the perfect retreat for anyone seeking relaxation and simplicity. Cute, cozy, and thoughtfully designed, this property offers the feel of a brand-new home with all the comforts already in place. Step inside to find an inviting interior featuring modern finishes and a fresh, clean look throughout. The open layout maximizes space and functionality, making it ideal for weekend getaways or full-time living. All appliances are included, allowing for a truly turnkey experience just bring your personal touches and start enjoying lake life. Whether you’re looking for a quiet escape, a vacation property, or an investment opportunity, this charming cabin checks all the boxes. Enjoy the serenity of nature while being just minutes from boating, fishing, and outdoor recreation at Rathbun Lake.

5253 5th St, Melrose

196 Lakeview Dr, Melrose
$345,000
3 Beds ⋅ 3 Baths ⋅ 6336555 MLS
MOTIVATED SELLERS! This one-of-a-kind double A-frame home overlooking Rathbun Lake located in the Wind-n-Waves subdivision is ready for your touch! This 3 bed/3 bath home has plenty of open space for entertaining and the finished basement features a large bedroom, bath, laundry and sauna. There are large cedar-lined closets throughout, a walk-in pantry and small utility room right off the kitchen, as well as a wood-burning fireplace. Decks on both levels of the home make for beautiful views of the surrounding area and even a peek at Rathbun Lake!! The 36 x 45 oversized garage with a 12 foot door is wired for 220v, has a loft for storage, water, and is large enough to accommodate an RV/camper in addition to all your other toys and tools. There is also a 22 x 24 garage with a wood closet closer to the home for parking and storage as well as a partially fenced in yard! This property is backed up by a whole house 20KW generator with automatic transfer switch covering the whole home and both garages. The home has 4 fruit trees, a grape arbor, and the Purple Martin houses come with spring/summer inhabitants for those bird lovers out there!

196 Lakeview Dr, Melrose

254 Lake Dr, Melrose
$95,000
6329203 MLS
Welcome to Lot 14, 254 Lake Drive Lago Vista! Lot 14 offers wooded privacy, lake views, and walkout potential on a beautifully sloped 2.25+ acre site. Enjoy mature trees, quiet surroundings, and close lake access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

254 Lake Dr, Melrose

336 Lake Dr, Melrose
$95,000
6329202 MLS
Welcome to Lot 13, 336 Lake Drive Lago Vista! Lot 13 provides a gently elevated, tree-lined setting with potential lake views on 3.0 acres. Great location for a private build. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

336 Lake Dr, Melrose

113 Cove Rd, Melrose
$89,000
6329198 MLS
Welcome to Lot 7, 113 Cove Road Lago Vista! Lot 7 offers one of the best values in Lago Vista featuring daylight potential, a partial lake view, and a backdrop of mature trees. This 1.3 acre lot is ideal for a daylight build and offers a peaceful setting for your full-time home or weekend retreat. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Rathbun Regional Water, Chariton Valley Electric and high-speed fiber internet are all available at the lot line. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

113 Cove Rd, Melrose