




3508 540th St SW, Riverside, IA, 52327
About This Home
Escape to the quiet of the countryside while staying just minutes from the conveniences of town! Consisting of 3.99+/- acres, this versatile rural property sits approximately 10 +/- minutes from Riverside and only 20 +/- minutes from Iowa City, offering the perfect balance of access to nearby towns/cities and peaceful country living! As you pull into the property, you'll immediately be greeted by the wildlife that roam the surrounding woods and the wonderful setting the property provides. The primary feature of the property is the beautiful, red farmhouse! This 2 bedroom, 1 bathroom home has been updated over the years with newer flooring and fresh interior paint, creating a warm and inviting place to call home. Updated in 2025, there is a high-efficiency LP furnace, paired with a wood-burning heating system, offering an economical heating option during the winter months. One of the property's greatest assets is its exceptional collection of outbuildings. The detached two-stall garage is fully heated with in-floor heat, making it an ideal space for vehicles, or year-round workshop use. Just beyond the garage sits an approximately 30' x 40' shop featuring partial in-floor heat, providing abundant space for equipment, hobbies, woodworking, storage, or even a home business. Additional improvements include multiple wells, including a newer well servicing the home, along with updated septic and utility improvements completed in 2022 and 2021. The nearly 4+/- acres provide plenty of room to garden, raise a few animals, enjoy outdoor recreation, or simply relax and take in the peaceful rural surroundings. Properties offering this combination of country living, functional improvements, and close proximity to Iowa City are few and far between. If you are looking for a peaceful home with an even better location, this Riverside acreage is ready for its next owner to make it their own! 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
Schools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,220
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 1,220
- Total interior livable area: 1,220 sqft
Property
Details
- Parcel number: 1519451003
- Lease amount: 0
Features
- Fencing: Fenced
- Waterfront features: Creek
Lot
- Lot size: 3.99 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
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Winter Weather
- Drought
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,123 | $25,476 |
| Home Insurance * | $301 | $3,612 |
| Property Taxes | $416 | $4,992 |
| Electricity | $121 | $1,452 |
| Total | $2,961 | $35,532 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $399,999 |
| 2026-07-07 | Listed for sale | $420,000 |
| 2026-06-30 | Listing removed | -- |
| 2026-05-14 | Listed for sale | $430,000 |
| 2008-12-03 | Sold | $78,500 |
