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    Melrose, IA
    Residential

    Melrose, IA Residential Land & Home Lots for Sale

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    Moravia, IA Lovilia, IA Russell, IA Albia, IA Promise City, IA Mystic, IA Chariton, IA Columbia, IA
    Lazy Daz Ranch Land
    Updated: May 12
    Lazy Daz Ranch Land

    1st St. Lot 20 & 21, Melrose, IA 52569

    Contact for pricing
    0.34 AC lot
    Two adjoining lots provide ample space and flexibility.
    Ideal for a weekend escape, future home site, or recreational property.
    Located in Lazy Daz Ranch Estates.
    Offers peaceful surroundings and scenic views.
    Opportunity to build a dream getaway.
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    Melrose, IA 1.3 Acre Lot
    Updated: Jun 30, 2025
    Melrose, IA 1.3 Acre Lot

    113 Cove Road, Melrose, IA 52569

    $89,000
    1.30 AC lot
    1.3 acre lot with daylight build potential and partial lake view.
    Located in Lago Vista, a scenic new development at Lake Rathbun.
    Mature trees provide a peaceful and private setting.
    Rathbun Regional Water, Chariton Valley Electric, and high‑speed fiber internet available at the lot line.
    Near Honey Creek State Park and boat access.
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    Lake Rathbun Land Opportunity
    Lake Rathbun Land Opportunity

    376 Lake Drive, Melrose, IA 52569

    $89,000
    2.00 AC lot

    Two-acre lot with lake and pond views near Honey Creek.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Melrose, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Rathbun Lake 10-Acre Parcel
    Rathbun Lake 10-Acre Parcel

    Hwy J29, Centerville, IA 52544

    $140,000
    10.00 AC lot

    10-acre parcel near Rathbun Lake, ideal for building a home.

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    Walnut Creek Residential Land
    Walnut Creek Residential Land

    NKA, Centerville, IA 52544

    $65,000
    2.80 AC lot

    Residential land near Rathbun Lake Dam and Centerville, Iowa.

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    Land Near Rathbun Lake
    Land Near Rathbun Lake

    WIND-N-WAVES COTTON-WOOD PARK lot: 10 Blk 2, Moravia, IA 52571

    Contact for pricing
    0.26 AC lot

    Residential land near Rathbun Lake, ideal for recreation.

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    Land Near Rathbun Lake
    Land Near Rathbun Lake

    WIND-N-WAVES COTTON-WOOD PARK lot: 11 Blk 2, Moravia, IA 52571

    Contact for pricing
    0.26 AC lot

    Residential land near Rathbun Lake, Iowa. Ideal for recreation.

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    Melrose, IA Residential Land & Home Lots Market Trends and Statistics

    Explore 3 residential land & home lots for sale in Melrose, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 158,384 square feet of properties for sale, with an estimated market value of $178,000.

    Sale prices for home sites in Melrose, IA average $89,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 5
    Residential land & home lots 3
    Commercial land 2
    Hunting land 2
    Recreation land 1

    Demographics Overview

    Population 541
    Population Growth (5Y) -5.8%
    Median Household Income $48,333
    College Educated 9.3%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52569 $44.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $36.62 per SF
    Tax Rate vs County Average 0.59 pp below county avg
    Average Loan-to-Value 65.0%

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