When it comes to luxury real estate in the Hawkeye State, a million dollars can stretch remarkably far. From sprawling estates with private lakes to state-of-the-art modern builds designed for entertaining, Iowa’s housing market offers an impressive array of options for high-end buyers. Whether you’re seeking a historic mansion in Davenport, a custom-built ranch in Cedar Rapids, or a lakefront property in West Des Moines, the state’s diverse real estate landscape proves that luxury living doesn’t require coastal price tags.
In this exploration of Iowa’s million-dollar homes, we’ll take you through ten distinctive properties across the state’s most desirable cities. These residences showcase everything from custom gymnasiums and saltwater pools to gourmet kitchens and private wooded lots, highlighting the exceptional value that Iowa’s real estate market provides at the million-dollar price point. From Des Moines to Iowa City, each property offers its own unique blend of luxury amenities, spacious layouts, and architectural character that define high-end living in America’s heartland. Links to more photos and info about each home at the end.
10. Des Moines, IA – $1,000,000
Here’s an example of a million-dollar home in Des Moines. This 2,941 sq ft single-family home, built in 2019 and updated in 2024, is located in the Gray’s Lake neighborhood. The main floor includes a chef’s kitchen with luxury appliances, a butler’s pantry, a sunken living room with a gas fireplace, a dining area, a home office, and a mudroom, along with a bedroom with an en suite bath. The second floor features the primary suite with an en suite bath, walk-in closet, and laundry. The lower level offers a bedroom with daylight windows and a non-conforming bedroom. The property includes a patio with a firepit, a large yard, an oversized attached two-car garage, and a detached two-car garage.
9. Iowa City, IA – $1,025,000
This property in Iowa City is priced at $1,025,000. This 3,740 sq ft single-family home, built in 2024, offers five bedrooms and 4.5 bathrooms across three finished levels. The main level features an open kitchen, dining, and family area, along with a private den, tiled mudroom with custom lockers, and access to covered and open decks. The upper level includes four bedrooms, two bathrooms, and a laundry room with cabinets and a sink. The lower level features the fifth bedroom, a full bath, an exercise room, a recreation room with a wet bar, and walk-out access to a full patio beneath the upper decks. Additional amenities include a three-car garage, a two-zone HVAC system, and a full smart home package.
8. Cedar Rapids, IA – $950,000
Here’s what you get in Cedar Rapids for $950,000. This 4,596 sq ft custom-built home, constructed in 2002, is located on a 1.27-acre wooded lot in northeast Cedar Rapids. The main floor includes a master suite with dual full bathrooms and walk-in closets, two living rooms with gas fireplaces, an office, a formal dining room, a three-season sunroom, and a kitchen with granite countertops, a large pantry, and a built-in computer nook. The upstairs features three bedrooms, each with walk-in closets and en-suite bathrooms. The walkout basement is framed for a full bath, a theater room, a family room with a wood-burning fireplace, a game room, a fifth bedroom, and additional spaces for storage or a workshop. The property also includes a four-stall garage with a shop complex and a storage area beneath the fourth garage.
7. Ames, IA – $950,000
All this in Ames for $950,000. This 4,459 sq ft multi-family home, built in 1996, sits on 4.97 acres and is located south of Ames in the Ames School District. The property includes three separate living units, each with its own kitchen and living room, totaling seven bedrooms and six bathrooms. The main level features a large master suite and the lower level adds an additional 1,547 sq ft of space. The property includes an option to purchase an additional 2.9 acres of an abandoned railroad corridor. Mature trees on the property yield an average of 300 gallons of sap annually, and the sale includes a Kubota with implements such as a mower, brush hog, rototiller, snowblower, and 3-point hitch with a full-price offer.
6. Davenport, IA – $925,000
All this for $925,000 in Davenport. This fully renovated 5,134 sq ft home, built in 1928, features four bedrooms and five bathrooms across multiple levels. The main floor includes a formal living room with a fireplace, a sunroom, a gourmet kitchen with an 8-burner gas range and butler’s pantry, a formal dining room, a powder room, and a mudroom with a foyer. The second floor offers a primary suite with a gas fireplace, ensuite bath with heated floors, a clawfoot tub, dual vanities, a double shower, a walk-in closet, laundry, and a private terrace, along with three additional bedrooms and a full bathroom. The third floor serves as an in-law suite with vaulted ceilings, a gas fireplace, and a spa bath with heated floors, a clawfoot tub, and a double shower. The finished basement includes a family room, wine room, additional laundry, a full bathroom, and ample storage, with outdoor spaces featuring a front terrace and a backyard patio.
5. Sioux City, IA – $999,000
In Sioux City, this is an example of what you can buy for $999,000. This 23.99-acre property, built in 1991, includes a 4,017 sq ft two-story home with five bedrooms, 3.5 bathrooms, and a three-car attached garage with epoxy floors. The property features an in-ground saltwater pool (23×50) with a pool house, multiple storage sheds, and two outbuildings: a 42×78 structure with storage, electricity, and a heated/cooled area, and a 60×100 gymnasium with basketball hoops, a batting cage, volleyball net, and heated/air-conditioned space. The home’s main level includes a chef’s kitchen with quartz countertops, KitchenAid appliances, and new cabinets, along with a sunken living room, a sunroom, a dining room with vaulted ceilings, and a primary suite with heated floors. The upper level offers an additional bedroom with an attached 3/4 bath and an open recreation area, while the lower level includes two bedrooms, a 3/4 bathroom, and a furnished speakeasy lounge with a bar and pool table. Recent updates include a pool motor (2024), roof (2020), pool automatic cover (2020), and pool heater (2019).
4. Ankeny, IA – $985,000
For $985,000, here’s what you get in Ankeny. This 2023-built home, located on an executive lot overlooking an 8.5-acre park, offers over 3,800 sq ft of living space with five bedrooms and five bathrooms. The main level features 10 ft ceilings, a vaulted master bedroom, a kitchen with quartz countertops, stainless steel Café appliances, a gas stove with a pot filler, a beverage cooler, and a passthrough pantry. Additional spaces include a pocket office with park views, a mudroom with lockers, and a laundry room. The lower level includes three bedrooms, 2-3/4 baths, a wet bar, and a family/rec room. The property includes custom window treatments, radon mitigation, and all appliances, including a washer and dryer.
3. Fort Dodge, IA – $995,000
In Fort Dodge, $995,000 will get you this property. This newly built home in Fort Dodge, Iowa, offers 4,576 sq ft of living space, including five bedrooms and 4.5 bathrooms. The design features an open-concept layout that maximizes natural light throughout the home. The modern kitchen is equipped with high-end finishes and appliances. The expansive living area provides direct access to outdoor spaces, blending indoor and outdoor living. The home is located in a wooded area, offering privacy and serene surroundings.
2. Bettendorf, IA – $1,050,000
This spacious home in Bettendorf is all yours for $1,050,000. This custom home offers 7,691 square feet of living space with six bedrooms and seven bathrooms, located near Crow Valley Golf Course. The main level includes a gourmet kitchen with high-end appliances, a living room, family room, formal and informal dining areas, a den, a large office, a laundry room, and three half baths. The upper level features the primary bedroom with a sitting room, walk-in closets, and ensuite, along with another ensuite bedroom, three additional bedrooms, and a full bath. The walkout basement, remodeled in 2022, includes a game room, recreational spaces, a bar, workout room, the sixth bedroom, and a full bath. Outdoor amenities include a newly built deck (2022), a firepit, and a hot tub.
1. West Des Moines, IA – $1,070,000
I’d say you get the most modest home for $1,070,000 in West Des Moines. This 2,458 sq ft home, built in 1984, offers four bedrooms, three bathrooms, and a private setting surrounded by mature trees. The property includes access to a private lake for fishing, swimming, kayaking, and canoeing, along with city water and sewer services. The primary suite features a fireplace, a jacuzzi tub, a tiled shower, and heated floors. Additional highlights include a kitchen with stainless steel appliances and heated flooring, a four-season sunroom with EZ Breeze windows, and a geothermal heating and air system. The exterior boasts a three-tiered composite deck, raised garden beds with fencing and a storage shed, and a five-car garage.
See more of each house – Sources:
10. Source: Heather Wright @ RE/MAX Concepts Via Coldwell Banker Realty
9. Source: Sorry, no longer available.
8. Source: Alexis Kemp @ RE/MAX Concepts Via Coldwell Banker Realty
7. Source: Jason Mickelson & Brett Mount @ Century 21 Signature-Ames Via Coldwell Banker Realty
6. Source: Peg Hopkins @ Ruhl&Ruhl Realtors Bettendorf Via Coldwell Banker Realty
5. Source: David Soroka @ Century 21 Prolink Via Coldwell Banker Realty
4. Source: Scott Venteicher @ RE/MAX Concepts Via Coldwell Banker Realty
3. Source: Todd Mccubbin @ Kesterson Realty Inc Via Coldwell Banker Realty
2. Source: Lisa Deines @ RE/MAX Concepts Moline Via Coldwell Banker Realty
1. Source: Rachelle Klocko & Dakotah Reed @ Iowa Realty Ankeny Via Coldwell Banker Realty
