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$575,000
16 Days On Site

18756 Lakeview Rd Road
Leon, IA 50144

For Sale|Farm|Active
2
Beds
1
Total Bath
1
Full Bath
2021
Built
County:
Decatur
18756 Lakeview Rd Road18756 Lakeview Rd Road18756 Lakeview Rd Road18756 Lakeview Rd Road
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Monthly Payment (Est.)

$2,623
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$575,000
Days On Site 
16 Days
Bedrooms 
2
Inside Area (SqFt) 
N/A
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
42 Acres
Year Built 
2021
MLS® Number 
6333714
Status 
Active
Property Tax 
$1,632
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
42
Additional Property Use 
Recreational
Property Sub Type 
Farm
Style 
Single Family
Zoning 
Agriculture
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Metal Siding
Listing courtesy of Midwest Land Group LLC



Listing information is provided by Participants of the Iowa Association of REALTORS MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Iowa Association of REALTORS MLS.
Data last updated at: 2025-12-01 02:19 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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