Lake Living with Room for All Your Toys – Plus Extra Lots! If weekends at Rathbun Lake are your happy place, this property deserves a spot at the top of your list. Located in Lakeshore Heights just minutes from Honey Creek State Park and the boat ramp, this 3 BR, 2 BA home offers the perfect setup for relaxing, entertaining, and making lasting lake memories. Inside, the open-concept layout creates a comfortable gathering space after a day on the water. One of the standout features is the oversized 16.5 x 24 third bedroom with French doors, which offers incredible flexibility—use it as a bunk room for guests, or a second living area. Additional spaces throughout the home make it easy to host family and friends. Enjoy your coffee in the bright sunroom, unwind on the covered back patio, or gather around the stone fire pit for evenings under the stars. The basement offers additional sleeping space, perfect for accommodating extra guests during busy summer weekends. Outside, you'll appreciate the wide concrete driveway, RV electrical hookup and water, and a finished 20 x 24 garage that works great as additional hangout space, or storage for lake gear. A storage shed provides even more room for outdoor equipment. And here’s the feature that truly sets this property apart: two additional flat lots are included, giving you the rare opportunity to build a shop, add another garage for all your lake toys.
NEW ROOF July 2026! If weekends at Rathbun Lake are your happy place, this property deserves a spot at the top of your list. Located in Lakeshore Heights just minutes from Honey Creek State Park and the boat ramp, this 3 BR, 2 BA home offers the perfect setup for relaxing, entertaining, and making lasting lake memories. Inside, the open-concept layout creates a comfortable gathering space after a day on the water. One of the standout features is the oversized 16.5 x 24 primary bedroom, attached primary bath with soaking tub, French doors, and private covered patio. Additional spaces throughout the home make it easy to host family and friends. Enjoy your coffee in the bright sunroom, or gather around the stone fire pit for evenings under the stars. The basement offers additional sleeping space, perfect for accommodating extra guests during busy summer weekends. Outside, you'll appreciate the wide concrete driveway, RV electrical hookup and water, and a finished 20 x 24 garage that works great as additional hangout space, or storage for lake gear. A storage shed provides even more room for outdoor equipment. And here’s the feature that truly sets this property apart: two additional flat lots are included, giving you the rare opportunity to build a shop, add another garage for all your lake toys. Schedule your showing and start imagining your summers at Rathbun Lake!
DMMLS #741281
Jul 30, 2026
Price Changed
$265,000
$203/sq ft
Mar 10, 2026
Listed
$288,000
$221/sq ft
IAR #6332989
Oct 20, 2025
Listed
$299,000
$229/sq ft
Public Records
Aug 25, 2025
Sold
$399,000
$306/sq ft
DMMLS #438450
Aug 15, 2014
Sold
$85,000
$65/sq ft
Jun 21, 2014
Listed
$99,500
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,642 (+2.0%)
$26,110 + $207,070
$233,180
2025
$1,610 (−0.9%)
$26,110 + $207,070
$233,180
2024
$1,624 (+2.4%)
$26,110 + $142,000
$168,110
2023
$1,586 (+5.3%)
$26,110 + $114,070
$140,180
2022
$1,506 (+7.7%)
$24,400 + $106,610
$131,010
2021
$1,398 (−0.1%)
$23,400 + $90,180
$113,580
2020
$1,400 (−4.2%)
$23,400 + $87,050
$110,450
2019
$1,462 (−1.2%)
$25,400 + $72,040
$97,440
2018
$1,480 (+17.8%)
$25,400 + $72,040
$97,440
2017
$1,256 (+2.1%)
$25,400 + $64,330
$89,730
2016
$1,230 (+9.8%)
$25,400 + $64,330
$89,730
2015
$1,120 (+6.9%)
$17,500 + $56,980
$74,480
2014
$1,048
$17,500 + $56,770
$74,270
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
1972
Finished Sq. Ft.
1,306
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,306
Year built
1972
Style
Other
County
Appanoose County
APN
040142005940000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 104° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Moravia, IA • 52571
Average low and high temperatures (°F)
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64
81
57
71
48
52
35
39
23
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 17788 Shanghi Rd
$257,627
$7,373 under list price of $265K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $169K to $300K.