Lake Rathbun Iowa Property for Sale – 57 Acres with Home, Farmland & Buildable Lots

📍 17327 Bucktail Lane, Moravia, IA 52571
💰 Offered at $919,900

Looking for a unique Lake Rathbun property for sale that combines a move-in-ready home, income-producing farmland, and future development opportunities? This 57-acre retreat in Moravia, Iowa offers it all.

The Home – Lake Rathbun Vacation Rental or Private Retreat

This inviting residence features 2 bedrooms, 2 bathrooms, and a loft with over 1,561 square feet of living space plus a partially finished basement. The home is ideal for a full-time residence, weekend getaway, or income property.

Home Highlights:

• Vaulted family room with a cozy fireplace

• Open kitchen and dining area—perfect for gatherings

• Bonus loft and lower-level game room or office

• 1.5-car garage and main-level laundry

• Wrap-around porch with peaceful scenic views

• Proven track record as a Lake Rathbun vacation rental with passive income potential

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Location: Lots 197 & 198, Deer Run Drive, Moravia, IA

If you’re looking for a peaceful place to build near the lake, these side-by-side lots are a must-see. Located in a quiet neighborhood close to Honey Creek State Park, Honey Creek Resort, and Lake Rathbun, this property offers both seclusion and convenience.

Whether you’re dreaming of a cabin retreat or future home near the water, this is a great opportunity to own land in a desirable area.

🧭 Features:

• 2 connected parcels included in the sale

• Located on a low-traffic road in a wooded setting

• Minutes from boating, fishing, golfing, and trails

• Part of a private community near Rathbun Lake

• Ideal site for recreation, relaxation, or building

Escape to southern Iowa and enjoy nature at its best!

Reduced $96k from original listing price. Also, this listing price includes a $12,600 bid for tearing off and replacing shingles by a licensed and insured roofing contractor. This spacious home in rural Melrose offers the perfect getaway or full-time residence, located less than a 5-minute drive from the Bridgeview boat launch at Rathbun Lake. Boasting 2,088 square feet of living space on the main floor, plus an additional 2,088 square feet of semi-finished space in the basement, this home is ideal for hosting large gatherings or accommodating a big family with 2 acres of property. …