Lake Living with Room for All Your Toys – Plus Extra Lots! If weekends at Rathbun Lake are your happy place, this property deserves a spot at the top of your list. Located in Lakeshore Heights just minutes from Honey Creek State Park and the boat ramp, this 3 BR, 2 BA home offers the perfect setup for relaxing, entertaining, and making lasting lake memories. Inside, the open-concept layout creates a comfortable gathering space after a day on the water. One of the standout features is the oversized 16.5 x 24 third bedroom with French doors, which offers incredible flexibility—use it as a bunk room for guests, or a second living area. Additional spaces throughout the home make it easy to host family and friends. Enjoy your coffee in the bright sunroom, unwind on the covered back patio, or gather around the stone fire pit for evenings under the stars. The basement offers additional sleeping space, perfect for accommodating extra guests during busy summer weekends. Outside, you'll appreciate the wide concrete driveway, RV electrical hookup and water, and a finished 20 x 24 garage that works great as additional hangout space, or storage for lake gear. A storage shed provides even more room for outdoor equipment. And here’s the feature that truly sets this property apart: two additional flat lots are included, giving you the rare opportunity to build a shop, add another garage for all your lake toys. Schedule your showing and start imagining your summers at Rathbun Lake!
Active
$299,000
17788 Shanghi Rd, Moravia, IA 52571
3beds
1,306sqft
Est.:
Single Family Residence
Built in 1972
0.94 Acres Lot
$-- Zestimate®
$229/sqft
$3/mo HOA
What's special
Stone fire pitOpen-concept layoutStorage shedCovered back patioBright sunroom
- 1 day |
- 180 |
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Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
Carie Leon 641-658-3111,
Iowa Realty South Lakes
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6336219
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partial
Interior area
- Total interior livable area: 1,306 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Garage spaces: 2
Accessibility
- Accessibility features: No Stairs Internal
Lot
- Size: 0.94 Acres
- Dimensions: 304 x 149.59 x 300 x 129.86 4 parcels included. House sits on .49 and two empty lots total .45
Details
- Foundation area: 1306
- Parcel number: 040142005940000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Rural/Municipality
Community & HOA
Community
- Subdivision: LAKESHORE HEIGHTS
HOA
- Has HOA: Yes
- Services included: Shared Amenities
- HOA fee: $35 annually
- HOA name: SEIA
Location
- Region: Moravia
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $168,110
- Annual tax amount: $1,826
- Date on market: 3/10/2026
- Cumulative days on market: 65 days
- Inclusions: storage shed, fire pit
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Listed for sale | $299,000$229/sqft |
Source: | ||
| 12/23/2025 | Listing removed | $299,000$229/sqft |
Source: | ||
| 10/20/2025 | Listed for sale | $299,000+251.8%$229/sqft |
Source: | ||
| 8/15/2014 | Sold | $85,000+21.4%$65/sqft |
Source: | ||
| 9/7/2005 | Sold | $70,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,610 -0.9% | $168,110 +19.9% |
| 2024 | $1,624 +2.4% | $140,180 +7% |
| 2023 | $1,586 +5.3% | $131,010 +15.3% |
| 2022 | $1,506 +7.7% | $113,580 +2.8% |
| 2021 | $1,398 -0.1% | $110,450 +13.4% |
| 2020 | $1,400 -4.2% | $97,440 |
| 2019 | $1,461 -1.3% | $97,440 +8.6% |
| 2018 | $1,480 | $89,730 +20.5% |
| 2017 | $1,480 +20.3% | $74,480 |
| 2016 | $1,230 | $74,480 +0.3% |
| 2015 | $1,230 +17.4% | $74,270 +0.8% |
| 2014 | $1,048 +11.5% | $73,710 |
| 2013 | $940 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,792/mo
Principal & interest
$1478
Property taxes
$311
HOA Fees
$3
More affordability tools
Climate risks
Neighborhood: 52571
Nearby schools
GreatSchools rating
- 7/10Moravia Elementary SchoolGrades: PK-5Distance: 7.1 mi
- 5/10Moravia High SchoolGrades: 6-12Distance: 7.1 mi





