$794,300
2 Beds
1.5 Baths
1,762 sqft (on 14.47 acres)
1538 Cliffs Ln, Ely, IA 52227
Est. Refi. Payment $5,228/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 1, 2023 for $1,250,000
Home Value
Trulia Estimate
$794KSince last month
Increased$1K (+0.2%)Since last year
Increased$106K (+15.2%)Since last sale
Decreased$446K (-35.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +260% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $804K |
| August 2026 | $794K |
| July 2026 | $803K |
| June 2026 | $793K |
| May 2026 | $806K |
| April 2026 | $792K |
| March 2026 | $767K |
| February 2026 | $738K |
| January 2026 | $698K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.20 | Single-Family Home | $550,000 | 03/17/26 | 4 | 3 | 3,379 | |
2.27 | Single-Family Home | $840,317 | 06/18/26 | 3 | 1 | 1,680 | |
1.92 | Single-Family Home | $277,500 | 10/31/25 | 2 | 2.5 | 1,690 | |
2.51 | Single-Family Home | $159,900 | 10/07/25 | 3 | 2 | 1,344 | |
1.10 | Single-Family Home | $979,682 | 06/18/26 | - | - | ||
3.11 | Single-Family Home | $150,000 | 01/12/26 | 2 | 1 | 1,369 | |
3.07 | Single-Family Home | $205,000 | 12/12/25 | 3 | 1.5 | 1,476 | |
3.29 | Single-Family Home | $1,200,000 | 06/30/26 | 3 | 5 | 8,400 | |
3.47 | Single-Family Home | $555,366 | 03/30/26 | 3 | 2 | 2,266 | |
3.52 | Single-Family Home | $371,900 | 05/28/26 | 2 | 2 | 2,012 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.54 | $775,000 | - | - | - | For Sale | |
1.10 | $979,682 | Studio | - | - | Recently Sold | |
1.20 | $550,000 | 4 | 3 | 3,379 | Recently Sold | |
1.21 | - | 5 | 4 | 4,193 | Off Market | |
1.41 | $241,400 | Studio | - | - | Off Market | |
1.41 | $344,400 | 4 | 2 | 1,936 | Off Market | |
1.47 | - | - | - | - | Off Market | |
1.50 | $236,300 | Studio | - | - | Off Market |
Local Information
- Map ViewExplore the area around 1538 Cliffs Ln.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
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Home Highlights
Single-Family Home
Built in 1939
14.47 acre lot
1,762 sqft
$451/sqft
About this House
***DO NOT attempt to drive by this property. This property is only accessible via an appointment as access requires crossing multiple property owner's properties and they need to be notified and approve of the access. There is no public access and multiple gates will need to be opened for scheduled showings. All showings require 48 hour notice.***
This one is special. Built in 1939, by renowned Cedar Rapids philanthropists, Howard and Margaret Hall, originally as a weekend retreat cabin, called the Pal House. This tudor style home was thoughtfully designed by Howard to reflect his love of water and as a place to relax and enjoy the natural beauty of Palisades Park. Built from locally sourced, square cut dolomite limestone, this home is situated on a 90 foot cliff overlooking the Cedar River and Palisades Park. A copper roof was added in 2010 by the current owner. Upon entering the cabin, you'll notice the waterfall feature and iron gate. The open concept dining and living room features a statement limestone fireplace and has a nautical theme throughout. There are panoramic views of Palisades Park and the Cedar River. The primary bedroom and bathroom were completely remodeled in 2010. Meticulous care was taken to ensure the integrity and continuity of the home was maintained with this remodel. The primary bathroom features a walk-in shower, copper sink, built in cabinets, and a concealed stackable washer and dryer. The primary bedroom has a cedar lined closet. There is a galley style kitchen with stainless steel appliances. There is a hidden entrance to the basement in the kitchen. The basement houses the mechanicals of the home, including the geothermal unit. The loft features a sitting area that overlooks the living and dining space. The loft bedroom has a half bath and built-in storage. There are multiple levels of outdoor flagstone patio space, including an outdoor fireplace with cast iron kettle and built in seating. There is an additional 308 sq foot open concept 1 story cabin on the property. The 14.47 acres of this property are heavily wooded but also offer 2 open pastures. There is no public access to this property, so privacy, nature, exploration, spectacular views, and relaxation abound in this one of a kind property.
This one is special. Built in 1939, by renowned Cedar Rapids philanthropists, Howard and Margaret Hall, originally as a weekend retreat cabin, called the Pal House. This tudor style home was thoughtfully designed by Howard to reflect his love of water and as a place to relax and enjoy the natural beauty of Palisades Park. Built from locally sourced, square cut dolomite limestone, this home is situated on a 90 foot cliff overlooking the Cedar River and Palisades Park. A copper roof was added in 2010 by the current owner. Upon entering the cabin, you'll notice the waterfall feature and iron gate. The open concept dining and living room features a statement limestone fireplace and has a nautical theme throughout. There are panoramic views of Palisades Park and the Cedar River. The primary bedroom and bathroom were completely remodeled in 2010. Meticulous care was taken to ensure the integrity and continuity of the home was maintained with this remodel. The primary bathroom features a walk-in shower, copper sink, built in cabinets, and a concealed stackable washer and dryer. The primary bedroom has a cedar lined closet. There is a galley style kitchen with stainless steel appliances. There is a hidden entrance to the basement in the kitchen. The basement houses the mechanicals of the home, including the geothermal unit. The loft features a sitting area that overlooks the living and dining space. The loft bedroom has a half bath and built-in storage. There are multiple levels of outdoor flagstone patio space, including an outdoor fireplace with cast iron kettle and built in seating. There is an additional 308 sq foot open concept 1 story cabin on the property. The 14.47 acres of this property are heavily wooded but also offer 2 open pastures. There is no public access to this property, so privacy, nature, exploration, spectacular views, and relaxation abound in this one of a kind property.
1538 Cliffs Ln, Ely, IA 52227 is a 2 bedroom, 2 bathroom, 1,762 sqft single-family home built in 1939. It last sold for $1,250,000 on Sep 1, 2023 (4% below the $1,300,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $794,300, with a rent estimate of $1,646/month.
Last check for updates: about 18 hours ago
Listed by Mindy Martin, (319) 521-3974
SKOGMAN REALTY
Bought with: Rachael Ray, (319) 270-3104, SKOGMAN REALTY
Originating MLS: Cedar Rapids Area Association Of Realtors
Source: CRAAR, CDRMLS, MLS#2303469
Home Details for 1538 Cliffs Ln
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Interior Details Basement: Crawl Space,PartialNumber of Rooms: 1 |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1762 Square Feet |
Appliances & Utilities Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: GeothermalHas CoolingAir Conditioning: Geothermal,Wall/Window Unit(s)Has HeatingHeating Fuel: Geothermal |
Fireplace & Spa Fireplace: Electric, Wood BurningHas a Fireplace |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One Half |
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Exterior Home Features Patio / Porch: PatioExterior: Fence |
Parking & Garage No Attached GarageParking: Guest,None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Finished Area Finished Area (above surface): 1762 Square Feet |
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Year Built Year Built: 1939 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: One and One Half Story |
Building Building: See RemarksConstruction Materials: Masonry, StoneNot a New Construction |
Property Information Parcel Number: 181435100300000 |
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Price List Price: $1,300,000 |
Status Change & Dates Off Market Date: Tue Aug 15 2023Possession Timing: Immediately |
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MLS Status: Closed |
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Direction & Address City: Ely |
School Information Elementary School: Mt VernonJr High / Middle School: Mt VernonHigh School: Mt Vernon |
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Association for this Listing: Cedar Rapids Area Association Of RealtorsNo HOA |
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Lot Area: 14.47 Acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 2303469Living Area Range Units: Square FeetAbove Grade Unfinished Area: 1762Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19113-N-181435100300000-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 1, 2023 Source: CRAAR, CDRMLS #2303469 | Sold | $1,250,000 |
Aug 16, 2023 Source: CRAAR, CDRMLS #2303469 | Pending | $1,300,000 |
Jun 2, 2023 Source: CRAAR, CDRMLS #2303469 | Listed For Sale | $1,300,000 |
Jun 29, 2009 Source: N/A | Sold | $729,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,808 | $477,600 |
Home facts updated by county records
Market trends in Ely
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
8
1MoM
Around this home
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
Sourced by Trulia users. Learn more about our methodology.
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about 1538 Cliffs Ln
- What is 1538 Cliffs Ln estimated to be worth?Trulia's estimated value for 1538 Cliffs Ln in Ely, IA is $794,300.
- What is the price history for 1538 Cliffs Ln?1538 Cliffs Ln in Ely, IA last sold for $1,250,000 in September 2023.
- Is Ely a buyer's or seller's market?Ely is currently a seller's market, based on recent for-sale activity.
- What do residents say about Ely?Residents describe Ely, IA as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Ely, IA.
- Does 1538 Cliffs Ln have air conditioning?Yes, 1538 Cliffs Ln in Ely, IA has air conditioning.
- Does 1538 Cliffs Ln have laundry facilities?Yes, 1538 Cliffs Ln in Ely, IA has in-unit laundry.
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