$850,000 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. 6327798 MLS 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. 235th Street, Promise City
$475,000 Rare opportunity to own a premier hobby farm on 30 acres bordering the Rathbun Lake Wildlife Management Area. This secluded property is the only residence on a dead-end road, offering unmatched privacy and direct access to abundant wildlife and outdoor recreation. The beautiful 3-bedroom, 2.5-bath ranch home features a fully finished basement and attached two-car garage. Enjoy peaceful mornings on the covered front porch overlooking the sunrise and unwind in the evenings on the spacious back deck with sunset views. The primary suite offers generous space and a full private bath. The finished basement includes a large additional bedroom and half-bath, providing flexible living space for guests or family. The land is perfectly set up for horses, hunting, and outdoor enthusiasts. Property features include 2 ponds, approximately 8 acres of fenced pasture, 13 acres of timber, two barns, and a machine shed. This property adjoins the Rathbun Waterfowl Preserve on the SW corner, providing a sanctuary for whitetail bucks to mature. The farm has a strong whitetail history, with multiple mature bucks harvested over the years, making this a proven hunting property. Whether you’re a horse enthusiast, avid hunter, fisherman, or simply seeking a private retreat off the beaten path, this rare acreage offers the perfect blend of comfort, recreation, and seclusion. Schedule your private showing today — properties like this don’t come along often. 3 Beds ⋅ 3 Baths ⋅ 6336011 MLS Rare opportunity to own a premier hobby farm on 30 acres bordering the Rathbun Lake Wildlife Management Area. This secluded property is the only residence on a dead-end road, offering unmatched privacy and direct access to abundant wildlife and outdoor recreation. The beautiful 3-bedroom, 2.5-bath ranch home features a fully finished basement and attached two-car garage. Enjoy peaceful mornings on the covered front porch overlooking the sunrise and unwind in the evenings on the spacious back deck with sunset views. The primary suite offers generous space and a full private bath. The finished basement includes a large additional bedroom and half-bath, providing flexible living space for guests or family. The land is perfectly set up for horses, hunting, and outdoor enthusiasts. Property features include 2 ponds, approximately 8 acres of fenced pasture, 13 acres of timber, two barns, and a machine shed. This property adjoins the Rathbun Waterfowl Preserve on the SW corner, providing a sanctuary for whitetail bucks to mature. The farm has a strong whitetail history, with multiple mature bucks harvested over the years, making this a proven hunting property. Whether you’re a horse enthusiast, avid hunter, fisherman, or simply seeking a private retreat off the beaten path, this rare acreage offers the perfect blend of comfort, recreation, and seclusion. Schedule your private showing today — properties like this don’t come along often. 3372 Payton Rd, Promise City
$380,000 Presenting this beautifully updated acreage featuring 20 m/l acres along paved County Highway S56, just north of Promise City, Iowa. This versatile property offers a move-in-ready ranch-style home, an oversized garage, and a spacious outbuilding—combining comfort, functionality, and scenic rural living. The home includes 2,061 square feet of finished space with 3 bedrooms and 2 bathrooms. Thoughtful updates throughout include a newer hickory kitchen, bright sunroom, remodeled bathrooms, updated flooring, newer siding, windows, doors, and shingles. Additional features include main-floor laundry, a cozy wood-burning fireplace, and efficient geothermal heating. The unfinished basement is partially framed and ready for future expansion. Outdoor amenities enhance the property’s appeal, with a large back deck, a unique grain-bin patio, and a children’s playset. A detached 2-car garage and a 30' x 54' steel building with a heated workshop and water provide excellent storage and workspace. The 20 acres are primarily wooded, providing privacy and outstanding opportunities for hunting, recreation, and enjoying nature. The property is also conveniently located near Rathbun Lake—an 11,000+ acre reservoir surrounded by thousands of acres of public hunting land—making this an ideal setting for outdoor enthusiasts. Don’t miss this rare chance to own a beautifully improved, scenic acreage in the heart of southern Iowa. 6334489 MLS Presenting this beautifully updated acreage featuring 20 m/l acres along paved County Highway S56, just north of Promise City, Iowa. This versatile property offers a move-in-ready ranch-style home, an oversized garage, and a spacious outbuilding—combining comfort, functionality, and scenic rural living. The home includes 2,061 square feet of finished space with 3 bedrooms and 2 bathrooms. Thoughtful updates throughout include a newer hickory kitchen, bright sunroom, remodeled bathrooms, updated flooring, newer siding, windows, doors, and shingles. Additional features include main-floor laundry, a cozy wood-burning fireplace, and efficient geothermal heating. The unfinished basement is partially framed and ready for future expansion. Outdoor amenities enhance the property’s appeal, with a large back deck, a unique grain-bin patio, and a children’s playset. A detached 2-car garage and a 30' x 54' steel building with a heated workshop and water provide excellent storage and workspace. The 20 acres are primarily wooded, providing privacy and outstanding opportunities for hunting, recreation, and enjoying nature. The property is also conveniently located near Rathbun Lake—an 11,000+ acre reservoir surrounded by thousands of acres of public hunting land—making this an ideal setting for outdoor enthusiasts. Don’t miss this rare chance to own a beautifully improved, scenic acreage in the heart of southern Iowa. 1422 S56 Hwy, Promise City