Mud Lake Rd, Peru, IA, USA

$ 480,000.00

  • Date added: 04/25/15
  • Status:
  • Lot size: 80.02 acres
  • Subdivision/Neighborhood: Mud Lake


Curran_Aerial_1.pdf    (click this link to open aerial map)

Located approximately 8 miles north of Dubuque in Section 10 of Peru Twsp., this property has access off of Mud Lake Rd.  The 80-acre parcel is situated on a high ridge overlooking the Mississippi River.  A new marina, boat slips, restaurant, county-owned park with camping & RV hookups, as well as a public boat ramp are all located within 1/2 mile.  Of the 80 acres, there are 39.3 tillable acres all situated in one gently sloping field.  Primary soil types are Fayette silt loams; capable of continuous row crop production. If desired, the tillable land may be eligible for enrollment in various CRP programs in the $260-$270 per acre range. The 40.7-acre balance is wooded.  Views of the Mississippi River channel can be seen from several different sites on the property.  Sellers report harvestable lumber of approximately $30,000.  A residential subdivision known as Star View Subdivision directly adjoins the property on the east.  Access to the parcel is via a 16′ wide permanent easement off of Mud Lake Rd.  Mud Lake Rd. is currently scheduled for a substantial road upgrade and resurfacing.    Property is zoned R-1.  Current zoning and access allow for two homes to be built on the property.    In the event wider access could be made possible, the property would be suitable for a zoning change with the potential for higher and better uses.

Please call for a more detailed PDF brochure containing aerial maps, soil interpretive maps, and additional information.

Listed Price – $480,000  /  $6,000/ac.      Offers submitted for seller consideration.

Please call the listing broker Gary Wegmann at 563-923-7107 with questions or for a private showing.

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