Iowa’s most expensive property is beautiful – But it hasn’t sold in nearly 2 years

October 30, 2023 by No Comments

Usually when a property hasn’t sold in nearly two years, it means one thing. This is that it’s overpriced, and unfortunately for Iowa’s most expensive property, this may be the case here too. Listed on Zillow for $11,900,000, it is simply stunning. This includes 8 bedrooms, 15 bathrooms, and 24,876 sqft of living space with over one acre of land in total.

While this is clearly something special and unique, the fact remains that it hasn’t sold in nearly 2 years. Perhaps the main reason for this is that it hasn’t dropped its price in over a year which again is a bit unusual if you wanted to sell your property.

Image//Zillow

Now, on to the good stuff. This house includes a movie theatre, Irish Pub, caterer’s kitchen, art studio, separate lofted apartment, and sits on a huge shoreline. As well, it has a golf course, a separate apartment, and its own gym room. As seen, the architecture is also very unusual and it uses large windows to allow in lots of light.

Image//Zillow

In short, this is a truly fantastic property and is located in a secluded part of Spirit Lake. Regardless, this is also a cautionary tale that overpricing a property can lead to a lack of interest, and because of this, it doesn’t matter how big or good it looks.

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