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$79,500
2 Beds ⋅ 1 Baths ⋅ 6341250 MLS
Enjoy the peaceful setting of this 2-bedroom, 1-bath home located on just under an acre near beautiful Lake Rathbun. Tucked away on a quiet dead-end road, this property offers the privacy and tranquility you've been looking for. With a little vision and some updates, this home could become the perfect weekend retreat, hunting cabin, or lake getaway. Conveniently located near boating, fishing, and all the outdoor recreation Lake Rathbun has to offer, this is an opportunity to create your own escape in a desirable location. This home is being sold as is.

10202 137th Ave, Melrose
$429,000
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, berry plantings, and a 16x34 above-ground pool. 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
$205,000
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
$639,000
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
$85,500
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
$385,000
3 Beds ⋅ 3 Baths ⋅ 6336555 MLS
PRICE REDUCED!! This one-of-a-kind double A-frame is just as charming as you imagine. The unique home located in the Wind-n-Waves subdivision near Lake Rathbun 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 and bath equipped with a sauna. There are large closets with ample storage throughout, a walk-in pantry and small utility room right off the kitchen. Decks adorn both levels of the home making for beautiful views of the surrounding area and even a peek at Lake Rathbun itself!! There are also spectacular views from almost anywhere in the home whether you are preparing supper in the kitchen or you are cozied up in the family room with the wood-burning fireplace keeping you toasty in the background. This home has been meticulously maintained both inside and out! The triple tandem vehicle garage 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 smaller, detached 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. 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! Call today for a showing!

196 Lakeview Dr, Melrose
$59,000
3 Beds ⋅ 2 Baths ⋅ 6336375 MLS
This meticulously-maintained mobile home is ready for the 2026 Rathbun summer season! Located in Green Acres subdivision near Lake Rathbun, it has 3 bedrooms and 2 bathrooms with an open living/dining space for everyone to be together. It also has a covered outdoor porch large enough for outdoor furniture and plenty of yard where you can enjoy those beautiful summer evenings. Included on the property is a utility shed large enough to house a riding mower and more. The Green Acres subdivision also boasts amenities such as a private outdoor pool, stocked pond for fishing, a community center, playground and basketball court! Come take a look today, summer is right around the corner!

5339 Calvary Trl, Melrose
$159,999
3 Beds ⋅ 2 Baths ⋅ 6336358 MLS
Weekender, Summer Home, or Full-Time Living Property located in southern, Iowa and close to Lake Rathbun! Welcome to this inviting ranch-style 3-bedroom and 2-bathroom home. The home is turnkey, with some recent updates, including a new roof in 2022, a new furnace and water heater in 2021, and a new sidewalk and patio in 2022. The lower level has two non-conforming rooms, a nice-sized laundry room, and a nice updated bathroom in 2019 and plenty of room for storage. The home sits on a paved road. The storage shed can be used to store your lawn equipment. The town of Melrose is known as Iowa's Little Ireland. Located just a short distance from Lake Rathbun, this is an ideal home base for boating, fishing, and outdoor summer fun. The Seller has additional lots for sale (additional cost) for more room to park your lake toys.

102 Green Knolls St, Melrose