# 158 Lake Drive, Melrose, IA 52569

> **TL;DR:** land, $129,000. Est. $559/mo. Listed 336 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $129,000 |
| Lot Size | 120,226 sqft (2.76 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 336 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $559 |
| **Total** | **$559** |

## Property Highlights

- 2.76 acre lot

## Description

### Agent Description
Welcome to Lot 15, 158 Lake Drive! Lot 15 Lago Vista offers a prime commercial opportunity with direct frontage on Hwy S70. ideal for a business, shop, or mixed-use space serving the Lake Rathbun area. This spacious lot sits at the entrance to Lago Vista, providing excellent visibility and access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line.

## Location

- **Address:** 158 Lake Drive, Melrose, IA 52569
- **County:** Appanoose
- **Coordinates:** 40.89132079, -93.03111953
- **Google Maps:** https://www.google.com/maps?q=40.89132079,-93.03111953

## Listing Agent

- **Name:** Tiffany Ehler
- **Brokerage:** Boutique Real Estate
- **Phone:** 5156818264
- **Email:** tiffany@ehlermovesdsm.com

## Primary Photo

![158 Lake Drive - Primary Photo](http://lh.rdcpix.com/b6c444ee3588c1a0b96932b9d9963a4el-f889752992r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/158-lake-drive-melrose-ia-52569-6329204)*

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**MLS#:** 6329204 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/158-lake-drive-melrose-ia-52569-6329204)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "158 Lake Drive, Melrose, IA 52569",
  "description": "Welcome to Lot 15, 158 Lake Drive! Lot 15 Lago Vista offers a prime commercial opportunity with direct frontage on Hwy S70. ideal for a business, shop, or mixed-use space serving the Lake Rathbun area. This spacious lot sits at the entrance to Lago Vista, providing excellent visibility and access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line.",
  "url": "https://www.propertysimple.com/listing/158-lake-drive-melrose-ia-52569-6329204",
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  "datePosted": "2026-06-18",
  "price": 129000,
  "priceCurrency": "USD",
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    "streetAddress": "158 Lake Drive",
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