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1185 Road 2, Cedar Vale, KS, 67024

4beds
2baths
4,764sqft
$2,795,000
$587price/sqft
$24,411/moest. monthly cost
$976,440/yrincome needed

About This Home

This 704+/- acre tract in Chautauqua County is a true standout recreational property with the perfect mix of habitat, water, and income potential! From the moment you step on Otter Creek Ranch, it is clear this is one of the most complete hunting and recreational tracts you will find in the area. The land features multiple tillable fields that not only provide a return on investment, but also serve as ideal food sources for wildlife. The property features over one-half mile of old-growth hardwood ridges, with 100-plus-year-old burr oaks, large mature red oaks, and Flint Hills native chinquapin oaks, in addition to large walnut, hackberry, and pecan trees. This type of diverse timber mix is a rare feature of the river bottoms of western Chautauqua County and provides an exceptional wildlife mast crop along with a vital, healthy timber ecosystem. In addition, the property offers over 80 +/- acres of tillable row-crop production and 7± acres of strategic food plot areas. With a 5 +/- acre food plot right out the front door of the lodge, this a sportsmans dream paired with a western facing sunset. When combined with the high-quality native tallgrass prairie, the result is a rare blend of premier habitat types across one large tract. Cross fencing is already in place, giving you added flexibility for livestock. Numerous ponds and creeks are scattered throughout, creating excellent water sources across the entire property. Otter Creek runs through the northeast portion near the home, adding to both the beauty and functionality of the land. The 4,764+/- sqft home offers a comfortable and spacious setup as well! Inside, you will find an open concept living room and kitchen that flows nicely for everyday living. Down the hallway are three bedrooms and one bathroom, with the hallway continuing on to a private master bedroom that includes its own bathroom. In addition to the home, there are multiple sheds on the property providing plenty of space for equipment and storage. Two water wells are also in place, supporting both the home and land use. A well-maintained trail system runs throughout the property, making it easy to access all areas. Whether you are checking fences, moving between stands, or simply enjoying a ride, accessibility is a major advantage. From a recreational standpoint, this property truly shines. Multiple turkeys were heard gobbling during a recent visit, and whitetail deer were seen utilizing both the food plots and tillable acres. Ducks were also observed on the ponds, highlighting the strong waterfowl potential. With abundant water, native grasses, timber, and agriculture, this tract offers everything needed to consistently hold and grow wildlife. Located just 1+/- mile north of Cedar Vale, 50+/- miles east of Winfield, 54+/- miles west of Coffeyville, and 98+/- miles southeast of Wichita, this property offers a rare combination of seclusion and convenience. If you are looking for a large recreational property with income, water, and proven wildlife, this is one you do not want to miss! All showings are by appointment only. Disclaimer: The boundary lines shown are approximate and are provided for general reference only. AHLC makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

5/10
6/10
Cedar Vale High SchoolGrades 6-123.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 4,764 sqft

Property

Details

  • Lease amount: 0

Lot

  • Lot size: 704 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado
Wildfire
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Drought

FEMA Declared Disasters Across Kansas Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,133$169,596
Home Insurance *$7,569$90,828
Property Taxes $2,329$27,948
Electricity $380$4,564
Total$24,411$292,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$836,948/yr
40% on housing$732,330/yr
45% on housing$650,960/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: -5.0%
-5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$587This listing

vs Other Active Listings

Avg $/sqft

ZIP 67024$512
Chautauqua County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 67024
Chautauqua County$26

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-17Listed for sale$2,900,000

For Sale by Agent

AgentDrew Palmer
BrokerageArrowhead Land Company

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