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Short-Term Rental Property with Heated Shop
For Sale
$1,550,000

841 Chestnut Rd, Waterville, IA 52170

Two connected parcels combine a furnished residence, pond, trails, and a separate shop with guest accommodations.

Property Size1,540 SF
Price / SF$1,006
Days on Market82

Property Features for 841 Chestnut Rd

General Information

Standard status Active
Size 1,540 SF
Property subtype Farm/Estate

Building Details

Year Built 1994
Listing Agency: High Point Land Company, LLC
Listed By: Brian Jorgenson
Source: Gosenproperties
Added: Aug 10 Changed: Oct 28 Last Checked: Oct 28 at 4:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of High Point Land Company, LLC

Rey
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Investment Insights

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Offered together, the two parcels include a 1994 residence with 2 bedrooms and 2 3/4 bathrooms, custom hickory cabinetry, and a finished basement with a gas fireplace, additional rooms, and storage. Solar panels are installed on the home. A deck faces the pond, which has a fountain with color-changing lighting; trails and a picnic shelter add outdoor features across the property.

Across the road, a fully insulated shop has in-floor heat in its main work area. It also contains a separate living room, an upstairs bunkhouse, and storage and recreation space. The property is surrounded by the Yellow River Forest and includes established Airbnb use.

Key Highlights

  • Two connected parcels sold together
  • 1994 residence with 2 bedrooms and 2 3/4 bathrooms
  • Finished basement with gas fireplace, multiple rooms, and storage

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 52170, IA

499
Population
276
Households
1.8
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
48.8 sq mi
ZIP Area
10
Density / Sq Mi
$67,370
Median Household Income
$36,458
Median Earnings
$226,100
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Two connected parcels combine a furnished residence, pond, trails, and a separate shop with guest accommodations.
Where is this short term rental property located?
The property is located at 841 Chestnut Rd Waterville, IA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two connected parcels sold together; 1994 residence with 2 bedrooms and 2 3/4 bathrooms; Finished basement with gas fireplace, multiple rooms, and storage
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