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Listed by Amy Holst • EXIT Realty Driftless Group

$ 388,000

Est. payment | -/mo

2 Beds

2 Baths

1.01 Acres Lot

Save

$ 388,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1.01 Acres Lot

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Franzen Ridge Subdivision

MLS Listing ID 20252417

Bedrooms 2

Full Baths 2

HOA Fees $400/ann

Year Built 2025

Annual Tax Amount $60

Lot Size 1.010 Acres

Acres 1.01

Property Sub-Type Townhouse

Property Description

New Construction Townhomes – Modern, Energy-Efficient Living Just Outside Elkader, Iowa! These beautiful new construction townhomes were completed in 2025 and offer high-quality finishes, energy-efficient features, and a peaceful setting just ½ mile from town. Both units currently share a 1.01-acre parcel, but the property can be divided into two separate parcels if sold to individual buyers—perfect for those looking to invest or live side-by-side with family. Each unit features 2 bedrooms, 2 bathrooms, and approximately 1,550 sq ft of finished living space. You'll love the open floor plan, spacious rooms, and stylish finishes, including quartz countertops and custom Bertch wood cabinetry. Comfort and efficiency were a priority in construction, with R-50 ceiling insulation, spray foam in exterior and key dividing walls, and a Broan air exchanger for continuous fresh air. The double 2x6 insulated shared wall between units helps ensure privacy and quiet. Step outside to a private 14x14 back patio with metal railing and low-maintenance composite decking—perfect for relaxing or entertaining. Each home also includes a covered front porch and a finished, insulated 2-stall garage with fire core drywall and washable glass board surfaces. The unfinished walkout basement offers 10-foot walls, rough-ins for a third bathroom, and plenty of space to add two or more bedrooms and a large family room—ideal for future expansion. The home also includes a metal roof (durable with potential insurance benefits), concrete driveway, retention block walls, and radon mitigation with a blower already installed. Utilities include individual septic systems and a 1/7 well share per unit. Fiber optic internet lines are already in place, and the property is prepped for in-floor heating (basement and garage) with the option to add a boiler system. The lawn has been grass-seeded, and white stakes near the road mark the right-of-way. Though this townhome currently falls under a single parcel, it can be divided up if two separate buyers. Don't miss the opportunity to own one—or both—of these thoughtfully designed townhomes in a great location with room to grow.

Location

State IA

County Clayton

Zoning R-4

Rooms

Basement Entrance-Inside, Entrance-Outside, Floor Drain

Interior

Heating Forced Air, In Floor Heat

Cooling Central Air

Fireplaces Type None

Fireplace N

Laundry Laundry Room

Exterior

Parking Features Attached Garage

Garage Spaces 624.0

View Y/N true

Roof Type Aluminum

Building

Sewer Septic Tank

Water Private Well

Structure Type Vinyl Siding,Combination

Schools

Elementary Schools Central Community -Elkader

Middle Schools Central

High Schools Central Community Csd - Elkader

Others

Acceptable Financing NBR20252417

Listing Terms NBR20252417

Special Listing Condition Normal Sale

Nearby Locations

GET MORE INFORMATION

EXIT Unlimited

Brokerage | License ID: T06463000

info@exitunlimited.com

+1(563) 231-7738

3250 Kennedy Cir, Dubuque, IA, 52002, USA

247 Franzen Ridge RD Elkader, IA 52043