51242, IA homes for sale & real estate

16 homes

Sort:

Recommended

ABOUT THIS HOME
51242, IA Homes for Sale
Prime Commercial Opportunity – 1.58 Acres in Lester, Iowa Discover the perfect place to build and grow your business in Lester, Iowa—a true Small Town Iowa community that proudly supports its local businesses. This 1.58 acre commercial lot offers a rare opportunity for development in a town where entrepreneurs are welcomed, customers are loyal, and community matters. The property will be serviced with city water, electrical hookups. Located in a close-knit, business-friendly town, this lot is ideal for retail, service, storage, or light commercial use. Lester’s strong sense of community, steady local support, and small-town values create an environment where businesses do

$115,500

Land1.58 acres (lot)

Tbd N/A, Lester, IA 51242

City water • Electrical hookups

ABOUT THIS HOME
51242, IA Homes for Sale
New Lester, Iowa development with several beautiful new homes at or near completion. Perfect chance to build your dream home in a small Iowa community encapsulating all the comforts of "hometown" appeal! Paved streets and sidewalks, curb and gutter, and city sewer and water. Lot suitable for walkout basement building plan.

$66,000

Land0.56 acre (lot)

703 Meadowview Dr Dr, Lester, IA 51242

City water • Sidewalks • City sewer

ABOUT THIS HOME
51242, IA Homes for Sale
New Lester, Iowa development with several beautiful new homes at or near completion. Perfect chance to build your dream home in a small Iowa community encapsulating all the comforts of "hometown" appeal! Paved streets and sidewalks, curb and gutter, and city sewer and water. Lot suitable for slab on grade, garden view or full basement building plan.

$60,500

Land0.42 acre (lot)

510 Prairie Ln Ln, Lester, IA 51242

City water • Sidewalks • City sewer

ABOUT THIS HOME
51242, IA Homes for Sale
New Lester, Iowa development with several beautiful new homes at or near completion. Perfect chance to build your dream home in a small Iowa community encapsulating all the comforts of "hometown" appeal! Paved streets and sidewalks, curb and gutter, and city sewer and water. Lot suitable for walk-out basement build.

$66,000

Land0.57 acre (lot)

703 Meadowview Dr, Lester, IA 51242

City water • Sidewalks • City sewer

ABOUT THIS HOME
51242, IA Homes for Sale
New Lester, Iowa development with several beautiful new homes at or near completion. Perfect chance to build your dream home in a small Iowa community encapsulating all the comforts of "hometown" appeal! Paved streets and sidewalks, curb and gutter, and city sewer and water. Lot suitable for walk-out basement build.

$49,500

Land0.53 acre (lot)

509 Prairie Ln, Lester, IA 51242

City water • Sidewalks • City sewer

Property at 503 Prairie Ln, Lester, IA 51242

$65,000

Land0.50 acre (lot)

503 Prairie Ln, Lester, IA 51242

Property at 501 Prairie Ln, Lester, IA 51242

$55,000

Land0.49 acre (lot)

501 Prairie Ln, Lester, IA 51242

Property at 506 Prairie Ln, Lester, IA 51242

$38,500

Land0.40 acre (lot)

506 Prairie Ln, Lester, IA 51242

Property at 500 Prairie Ln, Lester, IA 51242

$49,500

Land0.43 acre (lot)

500 Prairie Ln, Lester, IA 51242

Property at 502 Prairie Ln, Lester, IA 51242

$60,500

Land0.45 acre (lot)

502 Prairie Ln, Lester, IA 51242

Property at 509 Prairie Ln Ln, Lester, IA 51242

$49,500

Land0.52 acre (lot)

509 Prairie Ln Ln, Lester, IA 51242

Property at 503 Prairie Ln Ln, Lester, IA 51242

$65,000

Land0.50 acre (lot)

503 Prairie Ln Ln, Lester, IA 51242

Property at 501 Prairie Ln Ln, Lester, IA 51242

$55,000

Land0.49 acre (lot)

501 Prairie Ln Ln, Lester, IA 51242

Property at 506 Prairie Ln Ln, Lester, IA 51242

$38,500

Land0.40 acre (lot)

506 Prairie Ln Ln, Lester, IA 51242

Property at 502 Prairie Ln Ln, Lester, IA 51242

$60,500

Land0.45 acre (lot)

502 Prairie Ln Ln, Lester, IA 51242

Property at 500 Prairie Ln Ln, Lester, IA 51242

$49,500

Land0.42 acre (lot)

500 Prairie Ln Ln, Lester, IA 51242

Viewing page 1 of 1

End of results

Average home prices near 51242, IA

Cities

Zip Codes

51242, IA real estate trends

$246K

Sale price

$148

Sale $/sq ft

Over list price

1.2%

Days on market

382

Down payment

—

Total homes sold

See more 51242, IA market insights

More to explore in 51242, IA

How to buy a house in 51242, IA

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Buy the right home at the right price near 51242 with a local Redfin real estate agent.

Popular Markets in Iowa

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.