For sale

$1,550,000

$72,634 per acre: total asking price divided by the reported 21 acres. Not an appraisal or a bare-land value.

21 acres2 beds1,540 sq ft home

841 Chestnut RdWaterville, IA 52170

Farm or ranch · MLS 11927960 · Listed 85 days ago (Aug 10, 2026)

Farms and ranches · Farm and ranch details

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For sale: Listed for sale and available according to the MyStateMLS feed.

About this property

Showings for pre-approved buyers only. High Point Land Company is proud to offer this exceptional acreage, located on a private dead-end road and surrounded by the natural beauty of the Yellow River Forest. Both parcels will be sold together as one sale, offering a unique opportunity for a private residence, recreational property, retreat, or potential VRBO investment. The home features 2 bedrooms and 2 3/4 bathrooms with a comfortable and functional layout. The kitchen includes custom-built hickory cabinetry throughout and opens into the living room, creating an inviting space for everyday living and entertaining. A whirlpool tub room provides an additional place to relax. The primary bedroom features a recently updated shower finished with durable porcelain, a large closet, and the convenience of an in-home washer and dryer. Off the kitchen, a large deck overlooks the green space and pond. The pond features a fountain with color-changing nighttime lighting, creating an enjoyable setting for outdoor gatherings or relaxing evenings. The finished basement provides additional living and recreational space, including a living room with a gas fireplace, sink and refrigerator area, a 3/4 bathroom, multiple rooms, and ample storage. The property also includes a large pond, picnic shelter, and numerous trails that wind throughout both parcels. The acreage is home to abundant wildlife and offers plenty of opportunities for hiking, recreation, hunting, and enjoying the outdoors. Solar panels are installed on the roof of the home, helping reduce electrical costs and adding energy-efficient value to the property. Across the road is a large, fully insulated shop with in-floor heat in the main shop area. The building also includes a separate living room, an upstairs bunkhouse that can accommodate larger groups of guests, and additional space for storage and recreation. A large patio located behind the shop provides a great area for grilling, entertaining, or enjoying the summer months. With two connected parcels, wooded surroundings, multiple trails, abundant wildlife, a spacious home, a finished basement, a large pond, outdoor amenities, solar power, and a heated shop with additional living and guest space, this property offers a wide range of possibilities. Whether you are looking for a private residence, recreational getaway, hunting property, retreat, or an investment opportunity such as a VRBO, this acreage provides the space and amenities to accommodate it. The Toro riding lawnmower is included with purchase. Property Address: 841 Chestnut Rd, Waterville, IA 52170 Property Features: -Seclude Acreage -Updated Residence with Italian Slate -Pond -Large Heated Shop -Abundant Wildlife, UTV/Walking Trails -Solar Panels -Custom Cabinets -Established Airbnb

Description provided by the listing brokerage.

Farm and ranch details

Listing-reported, not independently certified. These details come from the listing's own fields and description. Farms and Ranches has not inspected the property, measured acres, tested soil or water, or reviewed permits. Confirm everything with Brian Jorgenson of High Point Land Company, LLC and the right professionals.

Listed here asFarm or ranchFarms and ranches: Listed by the MLS as a farm or ranch, or land with reported agricultural improvements such as barns, stables or fencing.
Why it qualifiesMLS property type: Farm · How listings qualify
Reported useNot stated in the listing
Total acreage21 acres (as reported)
Reported land breakdownNot stated. Total acreage is not tillable or usable acreage; ask the agent and check the soil survey.
Home includedYes, a home is reported

Reported buildings, water and land features

  • Pond (listing description)A pond is reported in the description. It does not establish a water right, and ponds can be seasonal.

Not reported here and never inferred: yields, income, stocking rates or carrying capacity, water rights, transferable permits, organic certification, equipment or livestock included in the sale, and whether a building can be used or a site built on. Report a wrong classification.

Facts

List price
$1,550,000
Status
For sale
Property type
Farm or estate
Bedrooms
2
Full baths
2
Interior area
1,540 sq ft
Lot size
21 acres
Year built
1994
County
Allamakee County
MLS number
11927960

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary, and no soil, flood, wetland or access conclusion should be drawn from it. See more listings in Waterville.

Price and status history

    Changes observed by Farms and Ranches in MyStateMLS data since Oct 30, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Similar listings nearby

    Listings of the same type in Allamakee County, priced within 40% of this listing ($930,000 to $2,170,000), newest first. Each one passes the same farm rules and display permissions on its own. See all matches

    Photo 1 of 60, farm or ranch at 1372 Bakkum Rd, Waukon, IA 52172
    For sale

    $995,000

    26 acres6 beds

    $38,137 per acre (asking price ÷ reported acres)

    Farm or ranch

    1372 Bakkum RdWaukon, IA 52172

    Listing courtesy of High Point Land Company, LLC · MyStateMLS #12035034

    Buyer checklist

    Questions worth investigating for any farm or ranch purchase. They are not claims that this property has a problem or meets any condition.

    1. Legal accessIs there deeded or recorded access to a public road, and are there easements across the land (or that the land relies on)?
    2. Water rights and wellsA well, pond, creek or irrigation system does not by itself establish a legal right to use the water. Ask for the water right, permit or registration documents and test the well.
    3. Leases and tenanciesAre there farm, grazing, hunting, CRP, oil and gas or wind leases? Some survive a sale or require notice before they end.
    4. Soil and usable landHow many acres can actually be cropped or grazed? Check the NRCS soil survey and get a current lab soil test for the use you plan.
    5. RestrictionsZoning, conservation easements, deed restrictions, HOA rules, floodplain and wetland rules can limit what you can do.
    6. Building conditionBarns, fences, wells and septic systems need inspection; a listed building may not suit a commercial or livestock use.
    7. UtilitiesPower, water, septic capacity, internet and road maintenance: who provides them and at what cost.
    8. What is included in the saleEquipment, growing crops, stored hay, livestock, irrigation equipment, permits and farm program contracts are often separate. Get it in writing.

    Explore this area's farming resources

    Regional guidance for Allamakee County, IA. It describes the area, not this property: it does not say this land suits any crop or use.

    Guides and next steps

    Listing courtesy of High Point Land Company, LLC. Listing agent: Brian Jorgenson. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Sep 21, 2026, 7:24 PM UTC. Farms and Ranches last received MyStateMLS data Nov 3, 2026, 5:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.