Recreational Land with
For Sale
$684,955
Pending
1066-1 S56 Highway, Russell, IA 50238
Land, Russell, IA
Property Size1,824 SF
Lot Size85.63 Acres
Days on Market182
Property Features for 1066-1 S56 Highway
General Information
Property type
Land
Property subtype
Other
Zoning
Ag
Elementary school district
Wayne Community
Middle school district
Wayne Community
High school district
Wayne Community
Directions
From Russell, Iowa: Head south on County Highway S56 for approximately 8 miles. The property will be located on the east side of the road, approximately 0.75 miles south of the Lucas-Wayne County line. Look for Company sign.
Subdivision
Russell
Standard status
Pending
APN
040C04300005
Lot size
85.63 Acres
Taxes and HOA fees
Tax Description
Exact legal description to be taken from Abstract.
Tax Annual Amount
1516
Legal Description
Exact legal description to be taken from Abstract.
Utilities
Sewer type
Septic Tank
Listing Agency:
Peoples Company
(515) 222-1347
Listed By:
Doug Bear
(515) 745-3192
Added: Mar 6
Changed: Sep 2
Last Checked: Sep 4 at 12:06PM
MLS# 735727
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.
This property is a large recreational and lifestyle acreage tract with an on-site finished bandominium. The improvements include a 38' x 48' structure built in 2017, with modern interior living spaces intended for rest and entertaining. The residence features three bedrooms and two bathrooms, along with a bright open living area and a kitchen equipped with new appliances and quality cabinetry. Large windows bring in views of the surrounding countryside, and the upstairs bedrooms provide a quieter layout within the home. An expansive garage supports storage for ATVs, trucks, and other recreational gear, and can also serve as a gathering space after outdoor activities.
The tract is located along a paved County Highway S56 in Wayne County, Iowa, and is described as being in the northeast part of the county. The setting emphasizes privacy while providing direct access to the property from the highway.
For buyers seeking recreational land with an existing residence and storage capacity, the combination of acreage, finished living space, and garage amenities may fit a hunting retreat or outdoor-focused weekend base. Ag zoning (as listed) supports the property’s country use profile while offering flexibility for owners who want both land and a comfortable on-site home.
The tract is located along a paved County Highway S56 in Wayne County, Iowa, and is described as being in the northeast part of the county. The setting emphasizes privacy while providing direct access to the property from the highway.
For buyers seeking recreational land with an existing residence and storage capacity, the combination of acreage, finished living space, and garage amenities may fit a hunting retreat or outdoor-focused weekend base. Ag zoning (as listed) supports the property’s country use profile while offering flexibility for owners who want both land and a comfortable on-site home.
Key Highlights
- 85.63 surveyed acres of land ideal for recreation and hunting.
- Finished 38' x 48' Bandominium with 3 bedrooms and 2 bathrooms.
- Modern living spaces with new appliances and quality cabinetry.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 50238, IA
1,071
Population
585
Households
1.8
Avg Household Size
46
Median Age
16%
College-Educated
88%
High-School Grad
100.7 sq mi
ZIP Area
11
Density / Sq Mi
$67,708
Median Household Income
$40,481
Median Earnings
$739
Median Rent
$82,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hunting land - Recreational acreage in Ag zoning along a paved county highway, anchored by a finished 38' x 48' bandominium.
Where is this hunting land located?
The property is located at 1066-1 S56 Highway Russell, IA.
What is the asking price?
The asking price for this property is $684,955.
What are key features of this property?
This property features: 85.63 surveyed acres of land ideal for recreation and hunting.; Finished 38' x 48' Bandominium with 3 bedrooms and 2 bathrooms.; Modern living spaces with new appliances and quality cabinetry.
