City Lot Backing Waterworks
For Sale
$59,000
1506 Wonder Way, Fairfield, IA 52556
LAND - Other - Fairfield, IA
Property SizeContact for details
Lot Size0.50 Acres
Days on Market126
Property Features for 1506 Wonder Way
General Information
Property type
Land
Property subtype
Other
Directions
North on Pleasant Plain Road, left on Lake View Drive, left on French Street, right on Wonder Way. Three separate lots are on the left.
Standard status
Active
APN
06-24-427-002
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LAKEVIEW EST LT 2
Tax Annual Amount
530
Legal Description
LAKEVIEW EST LT 2
Building Details
Architectural style
Other
Listing Agency:
Village Realty
(641) 472-9900
Listed By:
Joanne Terrien · License #***
(641) 472-2874
Added: May 1
Changed: Jun 25
Last Checked: Sep 3 at 8:06PM
MLS# 6339708
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 is a single residential city lot at 1506 Wonder Way in Fairfield, Iowa. The owner notes the property can be purchased on its own or together with two adjacent lots at 1502 Wonder Way and 1504 Wonder Way. Flexibility is available for buyers looking to acquire one, multiple, or all three lots, depending on their build plans.
The lot backs up to the park and beach area at Waterworks Park, creating a natural setting adjacent to established outdoor space within town. The remarks also point to quick access to the Jefferson County Loop Trail, along with nearby recreation, green space, and outdoor amenities.
For prospective homeowners, this lot presents a straightforward building site with the benefit of an outdoor backdrop. For builders or buyers considering larger residential plans, the option to combine this lot with the neighboring parcels at 1502 and 1504 Wonder Way may support a more expansive layout while keeping the same park-adjacent character. Buyers should confirm all building requirements and details during due diligence, including any applicable development constraints for the specific lot configuration selected.
The lot backs up to the park and beach area at Waterworks Park, creating a natural setting adjacent to established outdoor space within town. The remarks also point to quick access to the Jefferson County Loop Trail, along with nearby recreation, green space, and outdoor amenities.
For prospective homeowners, this lot presents a straightforward building site with the benefit of an outdoor backdrop. For builders or buyers considering larger residential plans, the option to combine this lot with the neighboring parcels at 1502 and 1504 Wonder Way may support a more expansive layout while keeping the same park-adjacent character. Buyers should confirm all building requirements and details during due diligence, including any applicable development constraints for the specific lot configuration selected.
Key Highlights
- City lot at coordinates (-91.953674, 41.023342) backing up to the park and beach area at Waterworks Park
- May be purchased on its own or with adjacent lots at 1502 Wonder Way and 1504 Wonder Way
- Owner open to selling all three lots together or considering offers on one or more lots individually
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential lot with backing views to Waterworks Park and access to nearby trail and outdoor recreation in Fairfield.
Where is this residential land & home lot located?
The property is located at 1506 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 at coordinates (-91.953674, 41.023342) backing up to the park and beach area at Waterworks Park; May be purchased on its own or with adjacent lots at 1502 Wonder Way and 1504 Wonder Way; Owner open to selling all three lots together or considering offers on one or more lots individually
