Turn-Key Resort-Style Acreage with Investment Income Potential near Rathbun Lake

Property Description

Welcome to this truly one-of-a-kind, gated 13.5 acre retreat just minutes from Rathbun Lake Marina. The 3,200 square foot custom-built ranch home (2009) offers 4 bedrooms and 4 bathrooms with a fully finished basement and standout craftsmanship throughout, including custom cabinetry, unique crown molding, and high-end finishes. Enjoy the outdoors from the incredible 360-degree wraparound porch featuring three porch swings, or relax year-round in the swim spa. The private pond is an entertainer’s dream with a deck leading into 15 feet of depth, complete with a slide and high dive, creating a true resort-style experience right at home.

This property is exceptionally well-suited for income production and short-term rental potential near one of Southern Iowa’s top recreational destinations. The 2,600 square foot barn features a nearly fully furnished 1 bed, 2 bath apartment plus a second high-efficiency open-concept apartment-style suite with a mini kitchen - ideal for Airbnb, bachelor rentals, or long-term tenants. With fiber optic internet in both the main home and barn, renters and guests stay fully connected. Located just 5 miles from Rathbun Lake Marina, 6 miles from Centerville, and less than one mile from Highway 5, this property offers the ideal balance of privacy, accessibility, and income opportunity.

Outdoor enthusiasts and hunters will appreciate the timbered trails winding through mature oak and walnut trees, abundant wildlife, and a natural stream providing a consistent water source. Deer are plentiful, making this an excellent recreational and hunting property. Adding even more character and entertainment value is the custom-built cabana featuring a handcrafted bar, pool table, rare wood accents, and antique décor, along with 10-foot-tall exterior storage. The barn offers concrete floors, space for storage or livestock, and a classic hand-pump-style water feature in the cattle area. The partially fenced acreage provides flexibility for recreation, expansion, or hobby farming, all with no zoning restrictions - perfect as a luxury rural residence, private retreat, or cash-flowing investment near Rathbun Lake.