Recreational Waterfront Farm
For Sale
$4,938,450
North River School Road, Winterset, IA 50273
LAND - Winterset, IA
Lot Size451.34 Acres
Days on Market14
Property Features for North River School Road
General Information
Property type
Land
Property subtype
Other
Zoning
Ag
Elementary school district
Winterset
Middle school district
Winterset
High school district
Winterset
Directions
Winterset: From the intersection of Highway 92 & Highway 169, head north on Highway 169 for 3.8 miles. Turn left (west) on North River School Street for 0.9 miles. The property lies on the south side of the road. De Soto: From the intersection of Interstate 80 and Highway 169, head south on Highway 169 for 9.9 miles. Turn right (west) on North River School Street for 0.9 miles. The property lies on the south side of the road.
Subdivision
Winterset
Standard status
Active
APN
340061244010000, 340061142010000, 340061126000000
Lot size
451.34 Acres
Taxes and HOA fees
Tax Description
To be taken from abstract.
Tax Annual Amount
6040
Legal Description
To be taken from abstract.
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Bryan Bergdale · License #S65377000
(515) 771-7588
Added: Jul 17
Changed: Jul 21
Last Checked: Jul 30 at 8:06PM
MLS# 745575
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Hogback Farm is an Ag-zoned recreational and income-producing property offering a mix of productive farmland and mature natural cover, including hardwood timber and native grasses. The acreage includes a large, secluded tillable field currently in production, along with acreage enrolled in the Conservation Reserve Program (CRP) for income through September 30, 2026. The property also features over a mile of frontage along the North River.
Located in Madison County near Winterset, the property sits in a corridor between Winterset and Adel, less than one mile from paved Highway 169. The address is North River School Road, Winterset, IA 50273.
At the farm’s core is the currently producing tillable area, complemented by CRP enrollment. The seller is working with the local FSA office to re-enroll for an additional 10-year term, which is anticipated to include additional CRP acreage and an estimated annual payment, pending final approval.
Located in Madison County near Winterset, the property sits in a corridor between Winterset and Adel, less than one mile from paved Highway 169. The address is North River School Road, Winterset, IA 50273.
At the farm’s core is the currently producing tillable area, complemented by CRP enrollment. The seller is working with the local FSA office to re-enroll for an additional 10-year term, which is anticipated to include additional CRP acreage and an estimated annual payment, pending final approval.
Key Highlights
- 451‑acre m/l recreational and income‑producing property in Madison County, IA, short drive from the Des Moines metro.
- Less than 1 mile from paved Highway 169, located in a corridor between Winterset and Adel.
- About 137.03 acres of tillable land in production with average CSR2 of 80.8.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 50273, IA
8,570
Population
3,927
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
96%
High-School Grad
195.2 sq mi
ZIP Area
44
Density / Sq Mi
$80,018
Median Household Income
$48,149
Median Earnings
$948
Median Rent
$216,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Ag-zoned farm property with over a mile of North River frontage and productive tillable acreage.
Where is this waterfront land located?
The property is located at North River School Road Winterset, IA.
What is the asking price?
The asking price for this property is $4,938,450.
What are key features of this property?
This property features: 451‑acre m/l recreational and income‑producing property in Madison County, IA, short drive from the Des Moines metro.; Less than 1 mile from paved Highway 169, located in a corridor between Winterset and Adel.; About 137.03 acres of tillable land in production with average CSR2 of 80.8.
