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Residential Land in Lester, Iowa
For Sale
$55,000

501 Prairie Lane, Lester, IA 51242

Building Site/Land, Lester, IA

Property SizeContact for details
Lot Size0.49 Acres
Days on Market464

Property Features for 501 Prairie Lane

General Information

Property type Land
Property subtype Other
Directions NE corner of Lester
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 370000015404016
Lot size 0.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MEADOWVIEW 2ND ADD LOT 16 BLK 1
Tax Annual Amount 18
Legal Description MEADOWVIEW 2ND ADD LOT 16 BLK 1
Listing Agency: Ameri/Star Real Estate, Inc
Listed By: Jessica Mogler
Added: Jul 24, 2025 Changed: Oct 28 Last Checked: Oct 30 at 2:06PM
MLS# 829607

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This residential land is located in a new development in Lester, Iowa, which already features several new homes that are at or near completion. This property offers the opportunity to build a home in a small Iowa community. The development includes paved streets and sidewalks, curb and gutter, and city sewer and water services. The lot is suitable for a walk-out basement build and has a size of 0.49 acres.

Key Highlights

  • New home construction opportunity in Lester, Iowa.
  • Ideal for building a custom dream home.
  • Enjoy small town living with "hometown" appeal.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 51242, IA

344
Population
140
Households
2.5
Avg Household Size
34
Median Age
23%
College-Educated
96%
High-School Grad
5.4 sq mi
ZIP Area
64
Density / Sq Mi
$86,406
Median Household Income
$39,643
Median Earnings
$185,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Residential land for sale in a new Iowa development.
Where is this land located?
The property is located at 501 Prairie Lane Lester, IA.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: New home construction opportunity in Lester, Iowa.; Ideal for building a custom dream home.; Enjoy small town living with "hometown" appeal.
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