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$925,400  •  66.1 acres
Peoples Company is pleased to present a rare opportunity to acquire 66.10 acres m/l in highly sought-after Johnson County, Iowa. Ideally located just 3 miles from the Iowa City city limits, 7.5 miles from Downtown Iowa City, and with convenient access to Interstate 80, this property offers the perfect balance of rural living and accessibility. Owned by the Donna Wanek Estate, this is the first time this tract has been offered to the public since 1965, presenting an exceptional opportunity to own a versatile farm with agricultural, recreational, and future building potential. The property is currently utilized for pasture and alfalfa/hay production and features approximately 52.71 FSA tillable acres carrying a strong CSR2 rating of 74.6. Predominant soil types include Fayette Silt Loam, Downs Silt Loam, and Colo-Ely Complex, providing a quality land base suitable for a variety of agricultural operations. Whether maintained as productive pasture or transitioned into row crop production, this tract offers excellent flexibility and long-term value. The pasture and alfalfa lease is in place through February 28, 2027. Please contact the listing agent prior to entering the pasture or accessing the property. A defining feature of this offering is the two-story farmhouse, originally built in 1900, along with the existing well and septic system. The home is being sold As-Is, and its highest and best use may be to establish a Farmstead Split through Johnson County Planning and Zoning, creating an approximately 1.9-acre buildable homesite. This presents an outstanding opportunity to build a new custom home while enjoying the privacy and beauty of rural Johnson County. With established pasture, quality soils, and existing infrastructure, the property is well suited for a livestock operation, equestrian use, 4-H projects, or a family hobby farm. Mature timber and natural habitat along the property provide additional recreational appeal, with whitetail deer and wild turkey frequently seen throughout the farm. Additional land is also available immediately north of this offering. The adjoining 44.15-acre tract offers additional tillable acreage, another potential building site, and mature timber. For additional details, please refer to Listing #19628. * Survey to be completed prior to closing. * Please contact the listing agent prior to entering the pasture or accessing the property. * Buyers considering a building site are encouraged to conduct their own due diligence and consult with Johnson County Planning & Zoning regarding requirements and approvals.
$640,175  •  44.15 acres
Under Contract
Peoples Company is pleased to present a rare opportunity to acquire 44.15 acres m/l in highly sought-after Johnson County, Iowa. Ideally located just 3 miles from the Iowa City city limits, 7.5 miles from Downtown Iowa City, and with convenient access to Interstate 80, this property offers the perfect balance of rural living and accessibility. Owned by the Donna Wanek Estate, this is the first time since 1965 that this tract has been offered to the public, presenting an exceptional opportunity to create your dream acreage while making a sound long-term land investment. The property features approximately 34.60 acres currently in alfalfa/hay production with a CSR2 rating of 76.8, with the lease in place through February 28, 2027. There are 38.56 FSA tillable acres carrying an impressive CSR2 rating of 75.1, with predominant soil types of Colo-Ely and Downs Silt Loam. Of the FSA tillable acres, approximately 4.7 acres could potentially be returned to production with cleanup, further enhancing the property's agricultural value. Whether you're looking to expand your farming operation or add a quality asset to your investment portfolio, this tract offers strong productivity and long-term potential. One of the property's most attractive features is the opportunity to work with Johnson County Planning and Zoning to pursue a Farmstead Split, which may allow for the creation of an approximately 5-acre buildable homesite. Opportunities of this size and location are increasingly difficult to find in Johnson County. Whether your vision includes a custom home, hobby farm, livestock operation, equestrian property, or simply a private rural retreat, this tract provides the flexibility to bring those plans to life. The property is enhanced by mature timber along the eastern boundary, creating privacy, scenic views, and excellent recreational opportunities. Established trails wind through the timber, making it easy to explore the property, enjoy nature, or pursue hunting opportunities. Deer and wild turkey are frequently seen throughout the farm, adding to its recreational appeal. Additional land is also available immediately south of this offering. The adjoining 66.15-acre tract features another potential building site, productive tillable acres, pasture, mature timber, and a picturesque creek. For additional details, please refer to Listing #19629. *Survey to be completed prior to closing. *Buyers considering a building site are encouraged to conduct their own due diligence and consult with Johnson County Planning & Zoning regarding requirements and approvals.
F&R Partners