North River School Road Winterset, IA $ 4,938,450
North River School Road
$ 4,938,450
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North River School Road

Winterset, IA, 50273
$ 4,938,450
Baths0.0

Monthly Estimate*

$ 31,182

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Studio

Lots and Land for sale in Winterset, IA

for $4,938,450. The lot size is 451.34.

We are proud to present the Hogback Farm, an exceptional 451 acre m/l recreational and income-producing property located in the heart of Madison County, Iowa, just a short drive from the Des Moines metro. Tucked into a highly desirable corridor between Winterset and Adel, less than one mile from paved Highway 169, this property offers a rare combination of privacy, natural beauty, and accessibility in one of the most sought-after regions in the state. With a diverse landscape that includes productive farmland, mature hardwood timber, native grasses, and over a mile of frontage along the North River, Hogback Farm delivers both immediate enjoyment and long-term investment appeal. At the center of the farm lies a large, secluded tillable field consisting of approximately 137.03 acres currently in production with an average CSR2 of 80.8, complemented by 23.73 acres currently enrolled in the Conservation Reserve Program (CP33), generating annual income of approximately $5,874 through September 30, 2026. The seller is currently working with the local FSA office to re-enroll for an additional 10 year term. While re-enrollment has not yet been finalized, it is anticipated to include approximately 22.43 acres at an estimated annual payment of $4,441. The farm has been professionally managed and offers documented long-term yield history for interested buyers.

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Lots and Land Active

Price

$ 4,938,450

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,040

Style

Lot Size

451.34

Town/City

Winterset

County/Region

Madison

MLS | Web ID

745575

List By
Bryan Bergdale

Listing Agent

Peoples Company

Broker

bryan@peoplescompany.com

Email

Affordability Calculator

$31,685
Per Month
98%
2%
0%
Monthly Principal & Interest
$31,182
Monthly Property Taxes
$503
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4668342 Elementary School
4668343 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$4,938,450 Listed Price

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North River School Road, Winterset, IA, 50273 is a Lots and Land for sale at $4,938,450 with a lot size of 451.34. North River School Road is a studio with 0.0 baths. The property's zip code is 50273 which is in Winterset, IA