$1,500,000

1843 Yellowpine Ave Lockridge, IA 52635

Estimated payment $8,313/month

Total Views 6,453
9 Beds
10.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Access or Parking
  • Gated Community
  • Community Lake
  • RV Parking in Community
  • Waterfront
  • Clubhouse

About This Home

51.5 Acres | Lockridge, Iowa
1843 Yellowpine Ave., Lockridge, IA 52635

This is your chance to own one of Southeast Iowas most versatile and income-producing rural properties. Whether you're dreaming of a family compound with wide-open space, or you're an entrepreneur seeking multiple, proven revenue streams, this 51.5 acre tract offers it allcomplete with the top-rated Whitetail Country Estates wedding venue, income-producing accommodations, and picture-perfect landscape features. This property comes fully furnished for you turnkey operation and needs.

Live, Gather, or Grow A Place to Call Home
Looking for a rural lifestyle with room to grow? This property provides an ideal footprint for multi-generational living, homesteading, or starting your dream family farm. With open pasture, gardening areas, and a mix of timber and open ground, there's ample space for animals, kids, and visitors alike.

At the heart of the property sits a charming 19th-century farmhouse, surrounded by peaceful views, three ponds, and towering hardwoods. The setting is private and scenicyet just minutes from town.

Best of all, the property is being sold fully furnished and includes all the essential equipment needed to operate the wedding venue, manage the BNB, or simply enjoy it as a move-in-ready rural residence.

Turnkey Business Potential with Proven Income
The award-winning Whitetail Country Estates, previously ranked #7 among Iowa outdoor wedding venues, is fully established and ready to continue delivering exceptional returns. The venue generated $312,000 in its peak season (AprilOctober) and includes:
-Custom pergola & stamped ceremonial altar
-3,000 sq ft renovated barn with loft
-5,000 sq ft lodge (sleeps 27) with 4BR, 6BA
-Bridal suite (3BR, 3.5BA, sleeps 12)
-Managers office (2BR, 1BA)
-Pavilion, storage facility, fuel tank
-6 RV hookups with water and electric
-VRBO/BNB and campsite income year-round

Whether you continue hosting weddings and events or pivot to corporate retreats, outdoor experiences, or rental-based revenue, the infrastructure is already in place.

Land, Timber & Leasing Options
With 30 acres of timber, 5.75 FSA tillable acres, and a CSR2 of 64.35, this property supports both passive income and recreational enjoyment. The alfalfa field is currently rented for $150/acre, and the timber includes a mix of oak, walnut, and cedarperfect for wildlife or potential select harvest.

The landscape includes:
-Timbered areas for hunting or hiking
-Alfalfa field with scenic pond overlook
-Stately tree-lined drive and expansive open lawns

Create Your VisionLive It or Leverage It
Whether you're building a lifestyle business, expanding your investment portfolio, or seeking a peaceful escape with income on the side, this property gives you the flexibility to do it all. From hosting top-tier events to leasing farmland or creating a multigenerational retreatthe land, infrastructure, and income are already here.

Opportunities like this are rarely available in such a turnkey format. Call KILOTERRAs Eastern Iowa Land Specialist Chris Janis at 319-343-1468 to schedule your private showing and see whats possible when business and beauty meet.

Property Features:
-51.5 Acres
-Sold fully furnished and equipped for turnkey business or residential use
-30 Acres of Timber
-Multiple Species of Mature Timber Throughout the Property
-5.75 FSA Acres
-CSR2 64.35
-$150 acre for Alfalfa in FSA fields
-3 Ponds
-6 RV Concrete Slab Spaces with Water & Electric Hookup
-Storage Facility with Fuel Tank
-Historical 19th Century Farm House
-Pavilion
-3,000 sq ft Fully Renovated Barn with a Loft
-Custom Pergola with Stamped Concrete Slab and Custom Ceremonial Altar
-The Lodge 5,000 sq ft (27 Guests)
-4 Bedroom with 2 large open bays
-6 Full Bathrooms
-Bridal Suite (12 Guests)
-3 Bedrooms
-3 Bathrooms
-Managers Office
-2 Bedrooms & 1 Bathroom
-Businesses Included
-Whitetail Country Estate- Wedding Venue (#7 in the state for wedding venues)
-VRBO/BNB
-Campsite
-$312,000 Annual from Wedding Venue at Peak Season (Seasonal April October)

Estimated Taxes $6,530

Location
-7 Miles from Mount Pleasant
-9 Miles from Fairfield
-1 Hour from Iowa City
-45 Minutes from Burlington

STR: 13/72/8 Lockridge Township
Parcel ID#s: 813100005 & 813100007

Listing Agent

KILOTERRA KILOTERRA

KILOTERRA | Land Sales & Auctions Listed on: 04/14/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64

Lot Details

  • Waterfront
  • Gated Home
  • Current uses include agriculture, commercial, hunting/fishing, resort, timber, hospitality, hobby farm
  • Potential uses include agriculture, equine, hunting/fishing, residential multi-family, residential single, hobby farm, homestead

Parking

  • RV Access or Parking

Bedrooms and Bathrooms

  • 9 Bedrooms

Outdoor Features

  • Pond
  • Wildlife includes whitetail deer, turkeys

Additional Features

  • Living Quarters
  • 2 Stock Tanks or Ponds
  • Septic Tank

Community Details

Overview

  • RV Parking in Community
  • Community Lake
  • Campground in community

Amenities

  • Clubhouse
  • Laundry Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$64

Lot Details

0

Listing Details

  • Bedrooms: Beds: 9
  • BathsCombined: 10
  • Office Phone: 515-993-7800
  • Listing Website: https://www.land.com/property/1843-yellowpine-avenue-lockridge-iowa-52635/23200678/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • RV Parking: True
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Equine, Hunting/Fishing, Residential Multi-Family, Residential Single, Hobby Farm, Homestead
  • Number of Ponds: 2-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 10
  • Half Bathrooms: 1

Exterior Features

  • Gated Entry: True
  • Pond: True
  • Waterfront: True
  • Road Description: Gravel/Rock
  • Wildlife: Whitetail Deer, Turkey

Condo/Co-op/Association

  • Amenities: Campground, Club House, Gated Entrance, Laundry, Private Lake/Pond, RV Parking

Lot Info

  • Current Use: Agriculture, Commercial, Hunting/Fishing, Resort, Timber, Hospitality, Hobby Farm
  • Barn Description: Living Quarters

Multi Family

  • Utilities Available: City Water, Septic

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $64 $394,400 $32,200 $362,200
2023 $4,660 $394,400 $32,200 $362,200
2022 $4,682 $258,000 $25,200 $232,800
2021 $4,682 $270,400 $27,100 $243,300
2020 $5,042 $279,300 $25,700 $253,600
2019 $4,306 $288,500 $0 $0
2018 $4,072 $288,500 $0 $0
2017 $4,072 $272,900 $0 $0
2016 $2,906 $226,000 $0 $0
2015 $2,870 $229,100 $0 $0
2014 $2,870 $227,800 $0 $0
2013 $2,806 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $1,500,000 -46.4% --
09/26/2024 09/26/24 For Sale $2,800,000 -- --