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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.
$1,125,000  •  45 acres
Rare Building Site Opportunity | Highway 1 SW | Iowa City, Iowa Peoples Company is pleased to present a rare opportunity in Johnson County, Iowa, a premier building site offering the chance to create the rural lifestyle you've always envisioned while enjoying productive farmland and a highly desirable location. Situated less than 10 minutes from Iowa City and U.S. Highway 218, and conveniently located between Iowa City and Kalona, this exceptional 45-acre property fronts paved Highway 1 SW, providing easy access and excellent visibility. Whether your vision includes building a custom dream home, establishing a hobby farm, constructing a large shop, or creating a place to showcase your business, this property offers a blank canvas with endless possibilities. Imagine stepping out your back door to panoramic countryside views, breathtaking Iowa sunsets, and the peaceful rhythm of rural living, all while remaining just minutes from city amenities. The farm includes 41.15 acres of productive Johnson County farmland carrying a CSR2 rating of 66.5, with dominant soil types consisting of Nodaway-Arenzville, Tuskeego, and Koszta Silt Loams. The tillable acres are leased for the 2026 crop year, generating $14,402.50 in annual rental income, with possession available for the 2027 crop season. For buyers seeking recreational or conservation opportunities, the property offers tremendous potential. Programs through the NRCS and FSA may provide opportunities for hardwood tree plantings, native grasses, pollinator habitat, and other conservation practices that enhance wildlife while maintaining income potential. The long corridor of open ground extending toward the timber along Old Mans Creek could also serve as livestock pasture, an equestrian setup, or space for 4-H and agricultural projects. Outdoor enthusiasts will appreciate the exceptional hunting opportunities near the wooded creek corridor, where whitetail deer and wild turkeys frequently utilize the back half of the property, an increasingly rare recreational feature this close to Iowa City. The property offers three potential building site locations, each exceeding two acres and meeting the minimum requirements for a residential building site application under current Johnson County Planning and Zoning regulations. The buyer will select a preferred homesite and complete the platting of a parcel exceeding 40 acres while establishing a designated building site. Buyers actively involved in farming operations may also qualify for a farm exemption waiver, potentially streamlining the building process. Opportunities to own a property combining a premier building site, income-producing farmland, recreational appeal, and a coveted location near Iowa City are increasingly rare. Build your legacy, invest in your future, and create the lifestyle you've always envisioned on this exceptional Johnson County acreage. **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.
$475,000  •  9.26 acres
Secluded 9.26-Acre Buildable Lot Near Coralville Lake – A Rare Opportunity
$349,900  •  4.3 acres
Peoples Company is pleased to present a rare opportunity to create your ideal rural lifestyle on 4.3 acres along paved Highway 1 SW in Johnson County, Iowa. Conveniently located between Iowa City and Kalona, this attractive acreage offers the peace and freedom of country living while remaining within easy reach of shopping, dining, healthcare, and other metro amenities. Imagine pulling down a tree-lined driveway to a custom-built home nestled among mature timber, where evenings are spent watching breathtaking Iowa sunsets from your back porch and mornings begin with panoramic countryside views. Multiple potential building locations tucked into the existing trees provide the opportunity to create a private setting that feels secluded while remaining just minutes from town. The acreage offers ample room for much more than a home. Whether your vision includes a large shop, a hobby farm with livestock, horses, goats, and chickens, or simply extra space to enjoy the outdoors, this property provides the flexibility and freedom that is increasingly difficult to find near Iowa City. Families will appreciate the property's location within the Iowa City West School District, with the option to open enroll in the Mid-Prairie Community School District. Furthermore, highly sought after Weber Elementary and Northwest Junior High are just a short commute away. This unique offering is available through Johnson County's Planning and Zoning historical split regulations. Because the existing residence was constructed prior to 2000, a buyer may have the opportunity to remove the current home and establish a new building site of up to 1.99 acres near the existing homesite. Buyers are encouraged to verify all building and zoning requirements with Johnson County Planning and Zoning. Also, with the residence still standing, a buyer has the ability to build a shop first before building their forever dwelling. The existing 1975 ranch home features three bedrooms and two bathrooms and is being sold in as-is condition. The residence is in poor condition with structural concerns. The septic system is also being sold as-is, while a functioning well currently services the property. Opportunities to acquire a manageable acreage on a hard-surfaced road in Johnson County are exceptionally rare. Build the home you've always envisioned, create the hobby farm you've dreamed about, and enjoy a lifestyle that combines rural tranquility with unmatched convenience. **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