Skip to main content
Back to Search Results
|

18756 Lakeview Rd Road, Leon, IA 50144

Show All 33 Photos
For Sale

$575,000

2 beds • 1 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1-5 Years Old
    Age

Explore this Property

This 42± acre property in Decatur County offers a rare combination of income potential, recreational opportunity, and comfortable living sitting directly against Little River Lake with beautiful views and easy access to the water. Located just 5 miles from Leon and 5 miles from Interstate 35, the setting offers the perfect blend of privacy and convenience. The 1,620 sq. ft. fully furnished barndominium features 2 bedrooms, 1 full bathroom, rural water, propane gas, and septic. Whether used as a primary residence, weekend retreat, or turn-key rental, the home is designed for year-round comfort and immediate use. It has already proven itself as a strong income producer, generating roughly $7,000 in Airbnb revenue over the past few months. The land has also produced around $7,000 in hay income in previous seasons, supported by productive alfalfa ground. With all income sources combined, the property is currently generating an approximate 5.5% ROI, with room to grow. The acreage includes alfalfa fields, hardwood timber, open ground, and a small pond that draws in wildlife year-round. A shed and wood-storage shack provide convenient space for equipment and outdoor gear. With its lake views, diverse landscape, proven income streams, and strong appeal to both hunters and fishermen, this is a standout investment property with exceptional recreational and residential value.
MLS# 6333714

Courtesy Of Midwest Land Group LLC

(515) 401-2281

Property Features

  • Age
    1-5 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    42 Acres

Map and Directions

Directions to 18756 Lakeview Rd Road, Leon, IA 50144

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 963-1040
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

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. 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. 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.