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Listing #19839 - 159.10 Acres In Guthrie County, IA

United States /Iowa, 50164, 159.1

Listing ID :

64554399

MLS ID :

750326

Acres :

159.1 Acres
$1,380,000

View Agent's Properties and Profile:

Brandon Tessau

Contact Seller

Property Description

Peoples Company is pleased to present 159.10 acres m/l located just north of Menlo, Iowa, in Guthrie County. This property offers an attractive combination of recreational opportunities, established income, agricultural acres, and a residence - creating a rare opportunity to own a diverse tract with an easy commute from the Des Moines Metro. The farm features two established food plots that provide additional food sources for wildlife and enhance the overall hunting setup.
The farm features 116.34 DCP Cropland Acres with 74.59 acres enrolled in the Conservation Reserve Program (CRP), generating $14,892 in annual income. This provides an immediate revenue stream to help offset ownership costs while also creating outstanding wildlife habitat. An additional 22 acres m/l are currently in row crop production and cash rented for $4,000 annually. The combination of CRP, cropland, timber, and rolling terrain creates excellent habitat diversity and provides strong hunting and recreational potential.

Adding another dimension to the offering is an existing home that could serve as a primary residence, weekend retreat, or hunting lodge. The home is a highly improved farmhouse that has benefited from several significant updates. These updates include a new foundation, a new walkout basement addition with 9-foot ceilings, new underground water and electric lines from the road, a new deck with timber tech decking and white aluminum railings, 200-AMP electrical service, and a new HVAC system. The basement has been sprayed with spray in foam insulation and has been roughed for two full bathrooms. The unfinished walkout basement provides valuable additional space and gives the next owner a blank canvas to finish how they desire.

In addition to the home, the property includes a 40' x 60' utility shop with a concrete floor and new 14-foot doors, providing excellent space for equipment, vehicles, storage, hobbies, or a workshop. There is new underground power to the building.
With 159.10 acres m/l, nearly 75 acres of income-producing CRP, additional cropland, diverse wildlife habitat, and an improved residence, this Guthrie County property brings together income, recreation, and country living in one complete package.

*Guthrie County REC is the electric provider*
*Xenia Rural Water is the rural water provider*

Basic Details

Property Types:

Farm, Home, Land - Undeveloped

Listing Type:

For Sale

Listing ID:

64554399

Price:

$1,380,000

Acres:

159.1 Acres

Address Map

Country:

United States

State:

Iowa

County:

Guthrie

City:

Menlo

Latitude:

41.57862342127502

Longitude:

-94.42048497843334

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