23502 465th St Street
Centerville, IA, 52544 $ 849,900
Bedrooms4 Baths4.0 Monthly Estimate*
$ 5,302
for $849,900 with 4 bedrooms and 4 full baths. This property was built in 2009 on a lot size of 13.5.
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 Airbnb 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 décor 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.
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FeaturesGeneralHeating Forced Air
Cooling Central Air
Zoning Agriculture
Architectural Style Single Family
Construction Materials Vinyl Siding
Year Built 2009
Tax Year 2024
Accessibility None
County Appanoose
Property Type Farm
Contingency None
Possible Use Recreational
Full Baths 4
Status Active
Directions Head south on HWY 5 south of Albia. Turn left (East) on 465th St before you reach Centerville. House is on your left 0.7 miles to East of HWY 5.
Association Name WCIR
Lot Size Units Acres
Lot Size Square Feet 588060
Tax Annual Amount 4896
Living Area Units Square Feet
Standard Status Active
Legal Description 13.5 +/- Acres in STR 5-69N-17W Appanoose County Iowa
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InteriorBasement Finished
Total Fireplaces 1
Common Walls 1
Fireplace Y/N Y
Total Bedrooms 4
Total Baths 4
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ExteriorLot Size Acres 13.5
Foundation Area 1055
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* Excluded FeaturesList ByMidwest Land Group LlcBroker
wcooper@midwestlandgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,302
- Monthly Property Taxes
- $408
- Monthly 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.
Learn more about how to save NearbyFarm listings in Centerville, IA
Average List Price $946,800
Percent of Sale Price 11%
About Centerville, IA 5,237 Population
-11% Since 2002
$ 33,165 Median Income
41.97 Median Age
21% Households with Children
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 |
|---|
| 12/4/2025 | $849,900 | | Listed Price |