Waterfront - Primary on Main
5050 E Hwy 6 Iowa City, IA
$ 1,999,250
Property Attributes
  • MLS#202103103
  • TypeSingle Family
  • CountyJOHNSON
  • CityIowa City
  • AreaIowa City
  • Neighborhoodcountry
  • Zip52240
  • StyleRanch
  • Year Built2012
  • Taxes$ 10170
  • Price$ 1,999,250
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1700
  • Lot Size20 Acres
Listing Provided Courtesy Of:
Urban Acres Real Estate
Data Source:
Iowa City Area Association Of Realtors (ICAAR) - 549 - IA
Property Description

Rare opportunity is an over used cliché in this industry, Not this time! These two parcels offer an investor the opportunity to buy a thriving historic business and 20 acre parcel with room to grow. There is the preschool business income, farm income plus apartment income all the while, living in a like new home perched overlooking a private pond. 8 acres remains undeveloped. The original farm house, which serves as the school has been thoroughly remodeled. Outbuildings are filled with an array of farm animals to inspire a young mind. The ponds has fish and fowl taking residence. This is an investment and a lifestyle. In the Iowa City School District and just minutes to town. Hard paved road. 5048 Hwy 6 east is included in this sale, parcel # 0933251003

Elementary School Middle School High School
Hoover Elementary School Southeast Middle School City High School
Price History
5/22/2021 Listed $1,999,250

General Features

Agent First Name Whit
Agent Last Name Lovelace
Amenities Guest Lodging
Bank Owned NO
Basement Ent-Outside, Finished Rooms, Full, Walkout
Beds 3
Builder Hochstedler
City Iowa City
Construction Brick Partial, Frame, Vinyl
Cooling Central
County Johnson
DOM 72
Directions East on Hwy 6 just past Utah
Elementary School Hoover
Fee Includes None
Fireplaces 1
Full Baths 2
Half Baths 1
Heating Gas, Forced Air
High School City
Interior Features Foyer-Entrance, Vaulted Ceiling, Wood Floors
Kitchen Level Main
Laundry Y/N Laundry Room
Listing Area Iowa City
Middle School Southeast
New Construction No
Parking Attached, 3 Cars
Postal Code 52240
Primary City Iowa City
Roof Composition
Rooms DR Separate, Great Room, Library/Office, Primary Bath
Sale/lease For Sale
Showing Instructions ShowingTime
Status Active
Status Active
Street Name Hwy 6
Style Ranch
Subdivision IA
Subdivision country
Total Sq Ft 3314
Type Acreage
Year Built 2012
Zoning Ag + Overlay

Interior Features

Full Baths Lower 1
Dining Room Level Main
Equipment Dishwasher, Disposal, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
Family Room Level Lower
Finished Sqft Lower 1614
Fireplace Type Factory Built
Full Baths Main 1
Half Baths Main 1
Internet Yes
Laundry Location 1st Floor
Living Room Level Main
Lower Floor Bedrooms 2
Main Floor Bedrooms 1
Total Baths 3

Exterior Features

Photo Count 50
Exterior Barn, Deck, Garden Area, Outbuildings, Patio
Lot Description 5+ Acres, Pond, Private Backyard, Waterfront
Lot Dimensions 20 Acres
Lot Size Area 20
Water/Sewer Private Septic, Well


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 52240

AVG $400K
AVG $4,051
AVG 16
Year Built
AVG 1978

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