2978 Ranch Trail, Menlo, IA 50164

$1,380,000

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List Price
$1,380,000
Status
ACTIVE
MLS#
750326
Lot Size
6,930,396
Region
Menlo

Property Description

Presenting 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.

Additional Information

Street Name
Ranch Trail
Agent Id
508122
Water
Rural
Zip
50164
Region
Menlo
City
Menlo
Acres
159.10
School District
West Central Community
Zoning
AD

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Calculator source: Real Geeks

Listing courtesy of Peoples Company.

Data courtesy of the Des Moines Area Association of REALTORS