About This Home

This 3-bedroom, 3-bathroom single family at 196 Lakeview Drive in Melrose, IA is listed for $345,000 ($112 per sqft). Built in 1972, the home offers 3,088 sqft of living space on a 0.60 acres lot.

Key Features

  • Built in 1972
  • 0.60 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
3 full
5-car garage
1972

Amenities

FireplaceA/CRV Parking
Listing Description

MOTIVATED SELLERS! This one-of-a-kind double A-frame home overlooking Rathbun Lake located in the Wind-n-Waves subdivision is ready for your touch! This 3 bed/3 bath home has plenty of open space for entertaining and the finished basement features a large bedroom, bath, laundry and sauna.

There are large cedar-lined closets throughout, a walk-in pantry and small utility room right off the kitchen, as well as a wood-burning fireplace. Decks on both levels of the home make for beautiful views of the surrounding area and even a peek at Rathbun Lake!!

The 36 x 45 oversized garage with a 12 foot door is wired for 220v, has a loft for storage, water, and is large enough to accommodate an RV/camper in addition to all your other toys and tools. There is also a 22 x 24 garage with a wood closet closer to the home for parking and storage as well as a partially fenced in yard!

This property is backed up by a whole house 20KW generator with automatic transfer switch covering the whole home and both garages. The home has 4 fruit trees, a grape arbor, and the Purple Martin houses come with spring/summer inhabitants for those bird lovers out there!

Monthly Cost Estimate

$2,345/mo

20% down · 6.5% · 30 years

Principal$250
Interest$1,495
Insurance$101
HOA$500

Estimates only. Actual payments may vary.

Location

196 Lakeview Drive

Melrose, IA 52569

WIND-N-WAVES EST 2ND

Property Details

Construction

Metal Siding Vinyl Siding

Parking

RVGarage - Detached

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 3-bathroom single family at 196 Lakeview Drive is listed at $345,000 ($112/sqft). The estimated monthly payment is $2,346 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $500/month.

Key features include: Built in 1972, 0.60 acre lot, 2 stories, Fireplace.

This property is listed by Carie Leon.

CL

Carie Leon

Agent at Iowa Realty South Lakes

Listed by Iowa Realty South Lakes · Broker phone: (641) 856-9350 · View on Broker Site · Broker website

MLS# 6336555· Source: NoCoast MLS· 156 days on PropertySimple

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.

196 Lakeview Drive, Melrose, IA 52569

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