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City Lot Backing Waterworks Park
For Sale
$59,000

1502 Wonder Way, Fairfield, IA 52556

LAND - Other - Fairfield, IA

Property SizeContact for details
Lot Size0.50 Acres
Days on Market126

Property Features for 1502 Wonder Way

General Information

Property type Land
Property subtype Other
Directions Pleasant Plain Rd., left on Lakeview Drive, left on French St, right on Wonder Way. There are 3 lots for sale on the left. This is the 1st of the 3 lots.
Standard status Active
APN 06-24-427-004
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LAKEVIEW EST NW 68' LT 4 & SE 68.05' LT 3
Tax Annual Amount 574
Legal Description LAKEVIEW EST NW 68' LT 4 & SE 68.05' LT 3

Building Details

Architectural style Other
Listing Agency: Village Realty
Listed By: Joanne Terrien · License #***
Added: May 1 Changed: Jun 25 Last Checked: Sep 3 at 10:06PM
MLS# 6339650

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This offering consists of a single city lot at 1502 Wonder Way in Fairfield, Iowa. The parcel is suited for building a home, and it also presents a flexible purchase option for buyers looking to assemble property. The owner indicates the lot may be purchased alone or together with the adjacent lots at 1504 Wonder Way and 1506 Wonder Way, with the possibility to consider offers on one or more lots individually.

The lot backs up to the park and beach area at Waterworks Park, creating a natural setting behind the property. The location also provides quick access to the Jefferson County Loop Trail, along with nearby recreation, green space, and outdoor amenities.

For buyers seeking a residential building site with an in-town setting and a park-like backdrop, this parcel offers a straightforward option. For those considering a larger buildout or more flexible planning, the availability of adjacent lots can support an assembly approach while still allowing a buyer to move forward with a single-lot purchase.

Key Highlights

  • City lot for sale at scenic coordinates (-91.95284, 41.022923)
  • Lot backs up to the park and beach area at Waterworks Park
  • Can be purchased on its own or with adjacent lots at 1504 Wonder Way and 1506 Wonder Way

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Hair Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 52556, IA

11,736
Population
6,141
Households
1.9
Avg Household Size
48
Median Age
46%
College-Educated
97%
High-School Grad
175.5 sq mi
ZIP Area
67
Density / Sq Mi
$55,528
Median Household Income
$31,210
Median Earnings
$877
Median Rent
$168,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable city lot backing the Waterworks Park area with convenient access to the Jefferson County Loop Trail.
Where is this residential land & home lot located?
The property is located at 1502 Wonder Way Fairfield, IA.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: City lot for sale at scenic coordinates (-91.95284, 41.022923); Lot backs up to the park and beach area at Waterworks Park; Can be purchased on its own or with adjacent lots at 1504 Wonder Way and 1506 Wonder Way
More about this property
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