2132 N River School Rd 451 Acres of Commercial Land Offered at $4,938,450 in Winterset, IA 50273

Peoples Company is proud to present the Hogback Farm, an exceptional 451 acre m/l recreational and income-producing property located in the heart of Madison County, Iowa, just a short drive from the Des Moines metro. Tucked into a highly desirable corridor between Winterset and Adel, less than one mile from paved Highway 169, this property offers a rare combination of privacy, natural beauty, and accessibility in one of the most sought-after regions in the state. With a diverse landscape that includes productive farmland, mature hardwood timber, native grasses, and over a mile of frontage along the North River, Hogback Farm delivers both immediate enjoyment and long-term investment appeal.
At the center of the farm lies a large, secluded tillable field consisting of approximately 137.03 acres currently in production with an average CSR2 of 80.8, complemented by 23.73 acres currently enrolled in the Conservation Reserve Program (CP33), generating annual income of approximately $5,874 through September 30, 2026. The seller is currently working with the local FSA office to re-enroll for an additional 10 year term. While re-enrollment has not yet been finalized, it is anticipated to include approximately 22.43 acres at an estimated annual payment of $4,441. The farm has been professionally managed and offers documented long-term yield history for interested buyers. The balance of the property is made up of rolling timbered ridges, thick bedding cover, and strategically positioned transition areas that create an ideal environment for managing and hunting mature whitetail deer. The natural topography, combined with multiple access points, allows for thoughtful entry and exit routes, making this farm as functional as it is scenic. With 1.5 miles of North River corridor, the property provides a consistent water source that supports wildlife year-round.
Beyond its recreational appeal, Hogback Farm offers several attractive building sites that provide the opportunity to create a private residence or weekend retreat with views of the surrounding countryside. Rural water is available along North River School Street, further enhancing the property's build potential. The location strikes a perfect balance between seclusion and convenience, with easy access to nearby communities and amenities while still maintaining a quiet, rural setting.
Situated near the iconic Hogback Covered Bridge and surrounded by the rolling hills that define this historic area, the farm embodies the character and charm that Madison County is known for. Large, contiguous tracts of this caliber, offering both strong income characteristics and top-tier recreational opportunities within close proximity to Des Moines, are increasingly difficult to find. Hogback Farm represents a unique opportunity to own a truly well-rounded property in a premier Iowa location.
Conveniently located in one of Madison County's most desirable areas, Hogback Farm offers the privacy of a secluded recreational property while remaining within easy reach of nearby communities and the Des Moines metropolitan area.
Approximate driving distances:
Hogback Covered Bridge: 0.5 miles
Winterset Municipal Airport: 4 miles
Winterset: 5 miles
Interstate 80: 10 miles
De Soto: 10 miles
Adel: 16 miles
Interstate 35: 17 miles
Waukee: 18 miles
Jordan Creek Town Center: 23 miles
Des Moines International Airport: 31 miles
Downtown Des Moines: 33 miles