2771 520th Ave, Melrose, IA 52569

Hard to Find Rural Property Near Rathbun Lake Several Updates

Sellers have made several recent updates to this spacious rural Melrose, Iowa home, located just off a hard-surfaced highway with no development or HOA restrictions. Less than a 5-minute drive from the Bridgeview boat launch at Rathbun Lake, this property offers an ideal year-round home, weekend getaway, or lake-area retreat. The home features over 2,000 square feet of main-floor living space, plus a full basement with semi-finished areas, making it well-suited for large gatherings, extended family, or entertaining guests. Situated on approximately 2 acres, the property offers room to spread out while still providing convenient paved-road access. Inside, the front entry opens to a sunken living room that adds character and charm. The main level includes 3 bedrooms, 2.5 bathrooms, first-floor laundry, a large kitchen, and multiple gathering areas, including a comfortable family room with an updated fireplace. The basement adds even more usable space with 2 non-conforming bedrooms, a shower stall, a large recreation room with bar area and wood fireplace, a potential workout room, abundant storage, and a partial second kitchen. Additional highlights include an oversized 2-car garage with a new roof, mature trees, ample parking, and a spacious yard perfect for outdoor enjoyment. One of the most unique features is the gazebo-style outdoor bar area, creatively built from a corn crib and equipped with power and lighting-an excellent setup for summer gatherings. With its space, charm, recent updates, paved access, and excellent location near Rathbun Lake, this property is a rare opportunity in the Melrose area. Call today to schedule your showing!