Mixed Use Bordering 12 Mile Lake

Price: $898,700
Acreage: 177
County: Union
State: Iowa

Price Per Acre

$5,077.40 per acre

Property Description

This is a very unique property with over a mile of the eastern boundary directly adjacent to 12 Mile Lake. Approximately 26.5 acres are currently in production. 48.3 acres are enrolled in CRP with annual payments of $10,346 through 2023. The remaining balance is usable pasture with timber draws, 3 ponds, and amazing views of 12 Mile Lake. A boat launch on the lake is 1/4 mile away. Hunting, fishing, recreation, several build sites, livestock, CRP, and income producing tillable ground all combine to make this a spectacular investment property.

Property Features

  • 26.5 acres of tillable production ground
  • 48.3 acres enrolled in CRP with $10,346 annual payments until 2023
  • 1 mile of common border with 12 Mile Lake
  • Overall blended CSR2 rating of 55.5
  • Boat ramp 1/4 mile away
  • Easy access off 160th St and 150th St
  • Great investment property
  • Multiple home building sights with lake views
  • 3 ponds
  • Deer, turkeys, pheasants, ducks, geese all present on the property
  • Annual taxes $2,342 in 2016

Property Address

TBD 160th St, Creston, IA