Wayne County, Iowa 338 Acres - Tillable, CRP, and Recreational Land

New Listing
Wayne County, IA
338.00 Acres M/L

2704 105th Street
Allerton, IA 50008

Price $2,197,000
Listing #19409
Doug Bear, ALC

Land Agent

Doug Bear, ALC

Office: 855.800.LAND
Mobile: 515.745.3192
Doug.Bear@PeoplesCompany.com

Property Info

Description

Premier Recreational & Whitetail Mecca | Southern Wayne County, Iowa

Situated in the heart of southern Wayne County, this exceptional turn-key recreational and income-producing property represents everything serious land buyers seek in a premier southern Iowa hunting farm. Located within Iowa’s renowned Zone 5, widely recognized for producing trophy-class whitetails and consistent Boone and Crockett entries, this farm has been carefully developed and managed with a clear focus on habitat improvement, wildlife retention, hunting strategy, and long-term income performance.

The Middle Fork of Medicine Creek winds through the heart of the property, creating a live water corridor that naturally funnels wildlife movement while providing a year-round water source. This creek system enhances habitat diversity with natural pinch points, dense travel corridors, and ideal stand locations throughout. Rolling ridges transition into pockets of mature hardwood timber, thick draws, and edge habitat, all working together to create exceptional success for mature whitetails, while the layout promotes predictable deer movement and offers multiple low-impact access routes for varying wind conditions and hunting strategies.

The property has been intensively managed for both recreation and income, featuring 174.38 acres enrolled in the Conservation Reserve Program (CRP) that generate $28,916 annually while providing outstanding bedding cover, thermal protection, and nesting habitat. An additional 94.58 tillable acres, which are leased through the 2027 crop season, contribute dependable annual income while serving as a consistent food source that helps hold wildlife year-round. The combination of CRP, row-crop production, timber, live water, and strategic food-plot locations creates an ideal balance between strong investment returns and elite habitat. Wildlife populations are exceptional, with consistent use by whitetail deer, turkey, pheasants, quail, and bobcat. A limited-pressure management approach has created a true sanctuary environment where deer can mature into older age classes, while natural funnels, ridge systems, transition zones, and carefully positioned food plots make this property a legitimate whitetail destination.  
 
Enhancing the property is an impressive, expertly crafted 30' x 53' (1,590 sq ft) Morton steel utility building. This versatile structure features a polished concrete floor, a large overhead door for convenient access, and beautifully finished living quarters, including an upper-level sleeping area that offers elevated comfort and privacy. A dedicated storage area on the western end of the building provides space for utility vehicles, equipment, or outdoor equipment, delivering an exceptional blend of practicality and hunting accommodations. Utility services are already in place, including rural water supplied by Rathbun Regional Water Association and electricity provided by Chariton Valley Electric Cooperative. 

Conveniently located just 2.50 miles south of Allerton along the east side of 105th Street near County Highway S26, the property offers easy access without sacrificing privacy and seclusion. Numerous improvements, including extensive tree plantings, conservation-minded farming practices, established food plots, stream crossings, and other habitat enhancements, show a strong commitment to stewardship and long-term sustainability. Properties in southern Wayne County offering this level of habitat quality, proven hunting performance, recreational diversity, and reliable income are becoming increasingly rare. For buyers seeking a true southern Iowa legacy hunting farm with strong annual returns and outstanding recreational appeal, this property stands among the very best the region has to offer.

A fully optimized property where habitat, access, and proven income combine to produce legendary results!

The property is also being offered in two smaller tracts, reference Peoples Company Listing #19410 (80 Acres M/L) and Listing #19411 (258 Acres M/L). Please contact the Listing Agent for more details regarding this property. 

Legal Description

338 Acres M/L located in the Sections Twenty-seven (27) and Thirty-four (34), Township Sixty-eight (68) North, Range Twenty-two (22) West of the 5th PM, Wayne County, Iowa. Exact legal description to be taken from Abstract.

Directions

From Allerton, Iowa: Travel south out of town on County Highway S26 for 2.50 miles and turn right (west) onto Garden Street. Continue to 105th Street and turn left (south). Continue for 1.25 miles, and the farm will be on the east side of the road. Look for the Peoples Company signs. 

Improvements

  • 30' x 54' Morton building (2013) with living quarters, and loft improvements (2022)
  • Tree Plantings - Over 11,000+ trees have been planted across the farm, including but not limited to Oak (Black, Bur, Chinkapin, Mixed, Pin, Red, White), Black Walnut, 
    Black Cherry, Pecan, Elderberry, Hazelnut, Shellbark Hickory, etc.
  • CRP Management Areas - Managed for wildlife habitat and conservation, enrolled in 13 different CRP programs across the entire farm, maximizing annual returns on the property.
  • Walking Bridges - Increased access at the Central Food Plot (north crossing) and South Medicine Creek Crossing (south crossing) into specific hunting areas and habitat zones.
  • North/East Rock Crossings - Aids in large equipment movement across the property to maintain tillable ground and food plots while enabling hunting access, depending on prevailing winds.
  • Food Plots - Strategically placed food plots enhance the property’s wildlife capacity.
  • Sign On Property: Yes
  • MLS Number: 740616
  • Parcel Number: 100Q27200001; 100Q27200002; 100Q27200003; 100Q27200004; 100Q27400001; 100Q27400002; 100Q27400005; 100Q34200001; 100Q34200002
  • School District: Wayne Community School District
  • General Area: South of Allerton, Iowa
  • Gross Taxes: $5,528.00
  • Water: Rathbun Regional Water Association
  • Zoning: Agriculture

Additional Info

338 Acres M/L (Entire Property): 281.61 FSA Tillable Acres, 107.23 Effective DCP Cropland Acres
*Of which 174.38 Acres are enrolled in the CRP Program, $28,916 annually 
  • 10.78 acres – CP1 Contract thru 2032 $1,817 annually ($168.51/acre) 
  • 20.92 acres – CP38-2/12 Contract thru 2037; $3,653 annually ($174.61/acre) 
  • 9.37 acres – CP21/22 Contract thru 2039; $2,811 annually ($300/acre) 
  • 50.88 acres – CP25 Contract thru 2027; $7,029 annually ($138.14/acre) 
  • 31.25 acres – CP38E-4D/12/25 Contract thru 2029; $6,175 annually ($197.16/acre) 
  • 39.83 acres – CP3A/CP38E-4D/12 Contract thru 2035; $5,463 annually ($137.16/acre) 
  • 4.45 acres – CP2/3 Contract thru 2030; $610 annually ($137.16/acre) 
  • 6.90 acres – CP23 Contract thru 2040; $1,358 annually ($196.81/acre)
*Tower blinds and/or stands not included, but negotiable outside real estate transaction

Interactive Map

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Photos

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