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Gated 13.5-acre retreat just minutes from Rathbun Lake Marina $849,900

23502 465th St Street, Centerville, IA 52544

4 br, 4.0 ba, 2009 0 sf
Appanoose County
Ad #: 6927569

Home For Sale

Gated 13.5-acre retreat just minutes from Rathbun Lake Marina offering exceptional recreational and investment appeal. The 3,200 sq ft custom-built ranch (2009) features 4 bedrooms, 4 bathrooms, a fully finished basement, custom cabinetry, unique crown molding, and high-end finishes throughout. Enjoy a 360-degree wraparound porch with three swings, a swim spa, and a private pond with deck, slide, and high dive for true resort-style living. Perfectly positioned for or short-term rental income, the 2,600 sq ft barn includes a nearly fully furnished 1 bed, 2 bath apartment plus a second open-concept high-efficiency suite with mini kitchen. Fiber optic internet serves both the home and barn, ideal for guests and remote work. Located just 5 miles from Rathbun Lake Marina, 6 miles from Centerville, and less than a mile from Hwy 5, this property offers excellent accessibility and rental potential. A custom cabana with handcrafted bar, pool table, and antique decor adds entertainment value, while the barn offers concrete floors, livestock/storage space, and a decorative hand-pump-style water feature. Partially fenced with no zoning restrictions--an exceptional opportunity for a personal retreat, income-producing investment, or both.

Property Details

  • Beds: 4
  • Baths: 4.0
  • Year Built: 2009
  • Location: (private lake, pond, creek)
  • Acres: 13.500
  • County: Appanoose County
  • Heat/AC: Forced Air
  • Siding: Vinyl Siding
  • Roof:
  • Property Taxes: $4,896
  • MLS #: 6334146

Location

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Contact Information:

Contact Agent
Listing Agent: Will Cooper, Midwest Land Group LLC, 515-490-7777, 515-401-2281 Listing Site, Listing Status: Active
Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Centerville, Iowa
Ad Number : 6927569
Viewed: 10 times
Added: Dec 05, 2025
Updated on: Dec 05, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.