158 Lake Drive Melrose, IA ^$ 150,000

158 Lake Drive

^$ 150,000

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158 Lake Drive

Melrose, IA, 52569

^$ 150,000

Studio Baths0.0

Monthly Estimate*

^$ 936

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Studio

Lots and Land for sale in Melrose, IA

for $150,000. The lot size is 2.76.

Welcome to Lot 15, 158 Lake Drive! Lot 15 Lago Vista offers a prime commercial opportunity with direct frontage on Hwy S70. ideal for a business, shop, or mixed-use space serving the Lake Rathbun area. This spacious lot sits at the entrance to Lago Vista, providing excellent visibility and access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line.

Lots and Land Active

Price

^$ 150,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lots & Land

Lot Size

2.76

Town/City

Melrose

County/Region

Monroe

MLS | Web ID

6329204

Features

General

Architectural Style Lots & Land

Tax Year 2024

County Appanoose

Property Type Land

Contingency None

Status Active

Directions On the corner of S70 and Lake Drive. Call listing agent for directions.

Association Name SEIA

Lot Size Units Acres

Lot Size Square Feet 120225.6

Tax Annual Amount 0

Living Area Units Square Feet

Standard Status Active

Legal Description Lot 15 Lago Vista Sub

Exterior

Lot Dimensions ***

Lot Size Acres 2.76

* Excluded Features

List By

Tiffany Ehler

Listing Agent

Boutique Real Estate

Broker

tiffany@ehlermovesdsm.com

Affordability Calculator

$936

Per Month

Monthly Principal & Interest: $936
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Melrose, IA

Average List Price ^$88,610

Percent of Sale Price 41%

About Melrose, IA

111 Population

-6% Since 2002

^$52,391 Median Income

52.69 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
6/30/2025	$150,000		Listed Price

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158 Lake Drive, Melrose, IA, 52569 is a Lots and Land for sale at $150,000 with a lot size of 2.76. 158 Lake Drive is a studio with 0.0 baths. The property's zip code is 52569 which is in Melrose, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/12/2025.

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158 Lake Drive

Lots and Land for sale in Melrose, IA

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