4 beds 2 baths 1,380 sqft

10 Acres of Iowa Land With a 1917 Fixer-Upper and Hunting Potential

A Rare Opportunity to Create a Country Retreat in Northeast Iowa

Finding a property that combines substantial acreage, an existing home, recreational possibilities, and the freedom to create something new can be challenging. This 10-acre property near Elgin, Iowa, offers exactly that kind of opportunity. Listed at $1, the property includes an older four-bedroom home built in 1917, approximately 1,380 square feet of living space, a private well, septic system, propane heating, central air, an attached garage, and a peaceful country setting surrounded by open possibilities.

The property is being offered in its current condition and is being sold “AS IS.” All offers must be received by September 24, 2026, at 11:59 AM, with offers scheduled to begin being reviewed at noon on the same day. Because the property requires work and restoration, it may appeal particularly to buyers who understand renovation, rural land ownership, new construction, hunting, recreation, or long-term property investment.

The biggest attraction, however, may not be the existing house. It is the 10 acres of land surrounding it.

For someone looking to build a private country residence, restore an older home, establish a recreational property, or create a customized rural retreat, the acreage provides a foundation that is difficult to duplicate with a conventional residential lot.

A 10-Acre Property With Room to Think Bigger

Ten acres provides a completely different experience from owning a typical suburban property. Instead of having a small yard surrounded by neighboring homes, this property gives the future owner significantly more room for privacy, recreation, landscaping, gardening, outdoor projects, and potential improvements.

The listing describes the land as offering endless possibilities, and that flexibility is one of its most important characteristics.

A buyer could choose to focus on restoring the existing home and preserving its older character. Another buyer might decide that new construction makes more sense and explore the possibility of building a modern country home on the property. Someone interested in outdoor recreation could focus on the acreage itself and develop trails, wildlife areas, gardens, or other permitted recreational features.

The possibilities depend on the property’s zoning, local regulations, access, soil conditions, utility requirements, and other due diligence factors, but the size of the land creates options that simply are not available on a small residential parcel.

For buyers who value privacy and open space, 10 acres can also provide a meaningful buffer between the home and surrounding properties.

The Appeal of Peaceful Country Living

The property is located in a rural setting near Elgin, Iowa, making it an interesting option for buyers who want to move away from crowded residential neighborhoods.

Country living often attracts people who want more outdoor space, fewer immediate neighbors, room for hobbies, and a stronger connection to nature.

A rural property can provide opportunities to spend more time outdoors, watch wildlife, maintain a large garden, enjoy quiet mornings, or simply have space to pursue personal projects.

For some buyers, the attraction is also practical. Having acreage can provide storage possibilities, room for equipment, recreational vehicles, gardening, workshops, or other rural activities, subject to local rules and property limitations.

The setting could be particularly appealing to someone searching for a weekend retreat or future retirement property. Instead of purchasing a finished property designed around someone else’s lifestyle, the buyer has an opportunity to shape the property according to personal goals.

A 1917 Home With Restoration Potential

The existing home was built in 1917, giving it more than a century of history.

Older houses can present both challenges and opportunities. A property from this era may require substantial updating, but it can also offer architectural character that is difficult to reproduce in newer construction.

This home contains approximately 1,380 square feet of interior living space and includes four bedrooms and two bathrooms. The configuration provides a useful starting point for a renovation project.

For a buyer with construction experience or access to reliable contractors, the existing structure could potentially become the centerpiece of a restoration project.

However, the listing clearly indicates that the home needs work. Buyers should therefore approach the property as a renovation opportunity rather than assuming it is ready for immediate occupancy.

A professional inspection should be considered before making decisions about restoration. Important areas to investigate include the foundation, structural framing, roof, electrical system, plumbing, heating and cooling systems, windows, insulation, water supply, septic system, and overall condition of the interior and exterior.

Because the home is being sold as is, buyers should carefully evaluate the expected renovation costs before determining how much they are comfortable investing.

Four Bedrooms and Two Bathrooms

The home’s four-bedroom, two-bathroom configuration is another reason the existing structure may be worth investigating.

Although the property needs work, the floor plan could provide a foundation for a future family home, rural retreat, guest property, or other residential use if the structure can be appropriately renovated.

Four bedrooms provide flexibility. Depending on the final layout, rooms could potentially serve as traditional bedrooms, offices, hobby spaces, guest rooms, or other living areas.

The two bathrooms also offer practical advantages for a family residence.

Whether the existing floor plan should be preserved or redesigned is something that would depend on the home’s structural condition and the buyer’s renovation goals.

For someone who enjoys historic properties, restoring an older home can also be an opportunity to preserve elements of the property’s history while incorporating modern systems and conveniences.

Potential for a New Home

One of the most significant possibilities mentioned in the listing is the potential to build a new home on the acreage.

For buyers who do not want to undertake a major renovation, the 10-acre setting could potentially serve as the location for a new country residence, subject to zoning, permits, setbacks, septic requirements, access, and other applicable regulations.

This creates an interesting choice.

A buyer could potentially investigate the cost of renovating the existing 1917 home versus constructing a new residence.

New construction could allow the future owner to design a home around modern priorities such as energy efficiency, an open floor plan, larger windows, home office space, modern kitchens, accessible bathrooms, attached garages, outdoor entertaining areas, and other contemporary features.

At the same time, retaining the existing home could preserve its historic character and potentially reduce some of the site-development work associated with starting from scratch, depending entirely on its condition.

The best strategy would depend on inspection results, construction estimates, local regulations, and the buyer’s long-term objectives.

A Property for Outdoor Recreation

Ten acres can provide meaningful recreational space.

The listing specifically mentions potential hunting opportunities, while the overall property description emphasizes outdoor recreation and enjoying nature.

For people who appreciate the outdoors, private acreage can provide an environment for hiking, wildlife observation, photography, nature walks, gardening, and other activities.

A buyer could potentially create walking trails across appropriate portions of the land or establish areas designed to encourage wildlife.

The wooded or natural sections of a property can be particularly valuable for privacy and habitat, while open portions can provide space for gardens, recreation, landscaping, or other permitted uses.

Actual hunting opportunities should be independently verified. Wildlife populations, local regulations, neighboring property boundaries, firearm discharge restrictions, and other considerations can affect how the land may be used.

Potential Hunting Property in Northeast Iowa

For outdoor enthusiasts, hunting potential can add another dimension to the property.

Ten acres may provide habitat and recreational value, particularly when combined with surrounding agricultural or wooded landscapes. The listing specifically presents hunting as one of the property’s potential uses.

For a buyer interested in hunting, however, it is important to research local regulations and understand the practical characteristics of the land before purchasing.

Factors such as terrain, vegetation, wildlife movement, neighboring properties, legal access, hunting seasons, and local restrictions should all be evaluated.

Even if hunting is not the primary purpose of the purchase, having land that may support wildlife can enhance the overall rural lifestyle.

Wildlife viewing can become an everyday benefit, with opportunities to observe birds, deer, small mammals, and other species depending on the local environment.

Private Well and Septic System

The property is served by a private well and septic tank rather than municipal water and sewer.

Private utilities are common in rural Iowa and can be perfectly functional when properly maintained, but they also require a different type of due diligence from buyers.

A well inspection can help determine water quality, production, equipment condition, and other important characteristics.

The septic system should also be evaluated to determine its age, capacity, condition, location, and compliance with applicable requirements.

For anyone planning a substantial renovation or new construction project, understanding the existing water and wastewater systems is particularly important.

A buyer should not assume that the existing systems can automatically support an expanded home, additional structures, or increased occupancy. Any planned improvements should be discussed with qualified local professionals and appropriate authorities.

Propane Heating and Central Air

The home is equipped with propane heating and central air conditioning.

For a rural property, propane can be a practical heating solution, but buyers should investigate the age and condition of the heating equipment, fuel storage arrangements, service history, and typical operating costs.

Central air provides an important comfort feature during warmer months and could be valuable if the home is renovated for year-round occupancy.

As part of a renovation plan, buyers may also consider whether modern HVAC upgrades, insulation improvements, windows, and other energy-efficiency improvements could reduce long-term operating expenses.

The property’s age makes this especially relevant. Improving insulation, air sealing, heating efficiency, and other building systems can be an important component of a comprehensive restoration project.

Attached Garage and Additional Outdoor Space

The property includes an attached garage, providing useful storage and parking space.

For a rural homeowner, a garage can be more than a place to park a vehicle. It can provide room for tools, lawn equipment, recreational gear, bicycles, seasonal items, and other belongings.

A garage can also become an important part of a renovation plan. Depending on its condition and configuration, a buyer may want to improve insulation, electrical service, storage, lighting, or other features.

The listing indicates one parking space and an attached garage. Buyers should inspect the structure and determine its practical capacity based on their vehicles and storage needs.

Steel Roofing and Vinyl Siding

The property features vinyl siding and a steel roof.

These exterior materials can be attractive from a maintenance perspective. Vinyl siding is widely used because it can provide a relatively low-maintenance exterior, while steel roofing is often valued for durability and longevity when properly installed and maintained.

Because the home dates to 1917, the condition of the exterior systems should be a major part of the inspection.

Buyers should examine the roof structure, flashing, gutters, drainage, siding, windows, foundation, and areas where water could enter the building.

Proper water management is particularly important for older homes because moisture can contribute to structural deterioration, mold, and other costly problems.

A Stone or Rock Basement

The home includes a stone or rock basement, although the listing indicates that no finished living area exists below ground.

Historic stone foundations can contribute to the character of an older home, but they also deserve careful professional inspection.

Buyers should evaluate foundation stability, moisture, drainage, ventilation, cracks, water intrusion, and the condition of structural components.

A basement can also provide useful utility space even when it is not finished as living area. Depending on the condition, it could potentially be used for mechanical equipment, storage, utilities, or other permitted purposes.

However, the condition of the basement should be fully understood before a buyer budgets for renovations.

A Potential Investment and Long-Term Land Holding

The property could appeal not only to owner-occupants but also to buyers thinking about long-term investment.

The combination of land and an existing structure provides multiple potential strategies.

One approach would be to renovate the existing home and create a finished rural residence.

Another could involve exploring new construction while determining the future of the existing structure.

A third approach could focus primarily on the land and its recreational or agricultural possibilities.

Investors should be particularly careful not to assume that any potential use is guaranteed. Zoning, local ordinances, environmental conditions, building codes, septic requirements, access, financing, insurance, and market demand can all affect the financial feasibility of a project.

The extremely low advertised price of $1 should also not be interpreted as a guarantee that the property can ultimately be acquired for that amount or that the property has no associated costs. Buyers should carefully review the complete offering terms and understand the seller’s requirements for offers.

Understanding the “AS IS” Sale

The property’s “AS IS” condition is one of the most important factors for potential buyers.

An as-is sale generally means the buyer should be prepared to accept the property in its current condition, subject to the specific terms of the purchase agreement.

This makes due diligence especially important.

Rather than focusing solely on the $1 asking price, buyers should develop a realistic estimate of the property’s total cost.

That may include renovation, demolition, construction, septic work, well maintenance, electrical upgrades, plumbing, roofing, foundation repairs, landscaping, permits, insurance, taxes, and other expenses.

For a fixer-upper, the purchase price is only one component of the overall financial picture.

The true value of the opportunity may come from acquiring 10 acres with multiple possible uses and then carefully determining the most financially sensible way to improve the property.

Why Location Matters

The property is situated near Elgin in Northeast Iowa, an area known for rural landscapes and agricultural surroundings.

For buyers seeking country living, being within a rural community can provide a balance between privacy and access to nearby services.

The exact convenience of the location should be evaluated based on the buyer’s daily needs, including employment, schools, shopping, healthcare, recreation, and transportation.

A rural location can be particularly attractive to people who work remotely and want additional land without giving up access to modern communication and transportation infrastructure.

For retirees, the combination of acreage and a quieter setting may also be appealing, although access to healthcare and essential services should be considered carefully.

The Opportunity to Build Something Personal

Perhaps the greatest attraction of this property is the ability to make it your own.

Move-in-ready homes are convenient, but they often leave buyers working within someone else’s design choices.

A property that needs restoration provides a different opportunity.

The future owner can decide which elements to preserve, which systems to modernize, and how the land should function.

The 1917 home could potentially become a charming restored residence with modern conveniences. Alternatively, the land could become the setting for a new custom home surrounded by private acreage.

The possibilities make this property especially interesting for someone who enjoys projects and wants a long-term relationship with their property rather than simply purchasing a finished house.

Important Due Diligence Before Making an Offer

Anyone considering this property should conduct thorough due diligence before submitting an offer.

Important questions may include:

• What is the current structural condition of the 1917 home?
• Is the foundation sound?
• What is the condition of the steel roof?
• Are the electrical and plumbing systems functional?
• How old are the HVAC systems?
• Has the private well been tested recently?
• What is the condition and capacity of the septic system?
• Are there restrictions on building a new residence?
• What does the R-1 zoning allow?
• Are there restrictions on hunting or recreational activities?
• What are the exact property boundaries?
• Are there easements or access agreements?
• What permits would be required for renovation or new construction?
• Are there environmental or flood-related considerations?
• What improvements are necessary for the existing home?
• What are the expected property taxes and insurance costs after purchase?

Getting answers to these questions can help a buyer determine whether the opportunity fits their budget and long-term plans.

A Rare Combination of Land and Potential

Properties offering 10 acres with an existing four-bedroom home and multiple potential uses are not everyday opportunities.

The home itself needs work, but that is also what creates the possibility for customization.

For the right buyer, the property could become a restored historic farmhouse, a private country residence, a hunting and recreation retreat, or the site of a completely new home.

The rural setting provides space and privacy, while the property’s existing infrastructure offers a starting point for future plans.

At an advertised price of $1, the opportunity is certainly attention-grabbing. However, serious buyers should focus less on the headline price and more on the property’s overall condition, land value, renovation requirements, zoning, utilities, and potential future uses.

The September 24, 2026 offer deadline makes preparation especially important. Anyone interested should review the listing information, arrange appropriate inspections and professional evaluations, and understand the terms of the sale before submitting an offer.

Conclusion: Is This 10-Acre Iowa Property Worth Exploring?

This Northeast Iowa property represents the type of real estate opportunity that can appeal to buyers who are willing to see beyond the condition of an existing home.

The 1,380-square-foot residence was built in 1917 and includes four bedrooms and two bathrooms, but the property is being sold as is and requires work. That means the home should be viewed as a renovation project rather than a turnkey residence.

The real opportunity is the combination of the existing structure and approximately 10 acres of land.

With potential for restoration, new construction, hunting, outdoor recreation, privacy, and a customized country lifestyle, the property offers several directions for the right buyer.

For someone with a clear renovation strategy, construction knowledge, or a long-term vision for rural land ownership, this could be an intriguing opportunity to investigate.

The key is careful planning. A low purchase price does not eliminate the costs associated with owning and improving rural property. Professional inspections, zoning research, well and septic evaluations, construction estimates, and legal and financial due diligence can help determine whether the property represents a genuine opportunity.

Ultimately, this is a property for someone who sees potential where others may see work.

Ten acres of Northeast Iowa countryside, a historic home, possible hunting opportunities, room for recreation, and the possibility of creating something entirely new make this property an interesting prospect for buyers searching for space, privacy, and flexibility.

For those willing to put in the work, the land could provide the foundation for a country retreat that reflects their own vision for years to come.

 

 

Listed on Zillow.