Income-Producing Recreational Property in Wayne County, Iowa If privacy and seclusion are your top priorities, this 180-acre m/l property in Wayne County is exactly what you're looking for. Situated northeast of Promise City, this unique parcel is accessible through private easement off 235th Street. It's also conveniently located just southwest of Rathbun Lake, Iowa’s second-largest lake, spanning 11,000 acres and offering year-round recreation including fishing, boating, swimming, hiking, and camping. The owner has enrolled 143.42 acres into income-generating conservation programs: 76.10 acres enrolled in the Conservation Reserve Program (CP38E-25) through 2035, generating $11,415 annually ($150/acre) 67.32 acres enrolled in the Marginal Pastureland Riparian Buffer (CP22) through 2031, providing $5,332 annually ($79.20/acre) Together, these contracts yield a total annual income of $16,747. The remaining 24 acres m/l are currently used for hay production and strategically placed food plots, enhancing the property's appeal to wildlife. Carls Creek flows through the property, and established crossings provide easy access across the entire farm. The combination of food, cover, and water creates an ideal habitat for deer, turkey, and upland game birds, making it a hunter’s paradise. Hunting rights will be available for the 2025 season. Improvements:Tile, ponds, food plots, creek crossings, good fencing Visit our website for more information.
Active
$1,035,000
235th St, Promise City, IA 52583
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Est.:
Farm
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180 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private easementEstablished crossingsYear-round recreation
- 82 days
- on Zillow |
- 55 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 14, 2025 at 06:01pm
Listed by:
Chase Duesenberg 641-529-0562,
Peoples Company
Source: NoCoast MLS,MLS#: 6327798

Travel times
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 180 Acres
Details
- Parcel number: 080K22200004
- Zoning: Agriculture
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Farm
Community & HOA
HOA
- Has HOA: No
- HOA name: RLIT
Location
- Region: Promise City
Financial & listing details
- Annual tax amount: $2,774
- Date on market: 5/20/2025
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