1500 Main St #203, Ely, IA 52227
FOR SALE
NEW CONSTRUCTION

1500 Main St #203
Ely, IA 52227

  • 2 Beds
  • 2 Baths
  • 1,079 sqft

$338,000

$338,000

2 Beds
2 Baths
1,079 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Experience elevated living at Main Street Legacy Lofts. These thoughtfully designed residences combine modern elegance with small-town charm. The 2-bedroom lofts, designed by Melanie Olsen Design Group, feature stunning high-end finishes throughout. Buyers can choose between two interior styles — one featuring sleek black accents and another with elegant gold finishes — each creating a sophisticated and modern atmosphere. Every unit offers generously sized bedrooms, an open layout, and private balconies. Residents will also enjoy dedicated storage units, and both indoor and outdoor parking options. Main Street Legacy Lofts also provides unique amenities rarely found in smaller communities, including a shared common kitchen and gathering space ideal for hosting friends, family, or community events, along with secure elevator access. Located in the highly desirable College Community School District, this prime location offers quick access to the interstate and sits conveniently between Cedar Rapids and Iowa City, making commuting simple while still enjoying the charm and walkability of downtown Ely. With only one 3-bedroom loft remaining, now is your chance to secure a one-of-a-kind luxury residence in one of the corridor’s most desirable growing communities. Photos are of a similar 2-bedroom unit.

Home Highlights

Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
$250/Monthly
Price/Sqft
$313
Listed
61 days ago

Home Details for 1500 Main St #203

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1079 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace

Exterior Features

Parking & Garage
Has a GarageHas an Attached GarageParking Spaces: 1Parking: Off Street,On Street
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1079 Square Feet

Days on Market

Days on Market: 61

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: AttachedArchitecture: Attached
Building
Construction Materials: Composit, Vinyl, FrameIs a New ConstructionAttached To Another Structure
Property Information
Condition: New ConstructionParcel Number: 183112701200000

Price & Status

Price
List Price: $338,000Price Per Sqft: $313
Status Change & Dates
Possession Timing: Other

Active Status

MLS Status: Active

Location

Direction & Address
City: ElyCommunity: na
School Information
Elementary School: CollegeCommJr High / Middle School: CollegeCommHigh School: CollegeComm

Agent Information

Listing Agent
Listing ID: 202601622

Building

Building Area
Building Area: 1079 Square Feet

Community

Community Features: None

HOA

Has an HOAHOA Fee: $3,000/Annually

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 202601622Above Grade Unfinished Area: 1079Showing Requirements: CallListingAgent, SeeRemarks

Additional Information

None
Last check for updates: about 13 hours ago
Listing courtesy of Jason Vestweber, (319) 551-0373
Skogman Realty Co.
Source: Iowa City Area AOR, MLS#202601622

Price History for 1500 Main St #203

DatePriceEventSource
03/04/2026$338,000Listed For SaleCRAAR, CDRMLS #2601457
03/01/2026$328,000ListingRemovedCRAAR, CDRMLS #2405950
02/09/2025$328,000PriceChange
CRAAR, CDRMLS #2405950
01/09/2025$324,000PriceChange
Skogman Realty #2405950
09/05/2024$324,500PriceChange
Iowa City Area AOR #202405074
08/28/2024$324,000Listed For SaleCRAAR, CDRMLS #2405950

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Comparable Sales for 1500 Main St #203

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.02
Condo
$604,500
02/20/26
3
2
2,018
0.32
Condo
$177,000
12/19/25
2
1.5
1,305
0.00
Condo
$221,000
01/06/26
1
1
727
2.10
Condo
$367,900
04/17/26
2
2
1,765
3.85
Condo
$182,800
04/20/26
3
2
1,704
3.61
Condo
$619,500
09/19/25
3
3
2,943
4.04
Condo
$180,000
08/25/25
2
2.5
1,152
3.74
Condo
$249,950
09/30/25
3
3
2,157
3.64
Condo
$520,000
08/15/25
4
3
2,921
4.03
Condo
$221,500
06/13/25
3
2
1,660

Assigned Schools

These are the assigned schools for 1500 Main St #203.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ely

At least 8 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say there are sidewalks

  • 100 % Say car is needed

  • 94 % Say streets are well-lit

  • 92 % Say it's dog friendly

  • 90 % Say kids play outside

  • 90 % Say people would walk alone at night

  • 88 % Say there's holiday spirit

  • 80 % Say there are community events

  • 75 % Say it's walkable to restaurants

  • 73 % Say it's quiet

  • 73 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 67 % Say they plan to stay for at least 5 years

  • 18 % Say there's wildlife

Learn more about our methodology.
  • Terra N.
    "I have lived here for 10 years and love it! People are very friendly and a great place to raise your kids!!!"
  • Robin N.
    "Within walking distance to the beautiful Hoover Bike trail. Small town living but easy access to Cedar Rapids or Iowa City. "

LGBTQ Local Legal Protections

Jason Vestweber, Skogman Realty Co.
Agent Phone: (319) 551-0373
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed accurate by the MLS.
1500 Main St #203, Ely, IA 52227 is a 2 bedroom, 2 bathroom, 1,079 sqft condo built in 2026. This property is currently available for sale and was listed by Iowa City Area AOR on Mar 9, 2026. The MLS # for this home is MLS# 202601622.