689 Old School Rd
Ely, IA 52227
1 Bed
3.5 Baths
3,853 sqft (on 47 acres)
$1,176,500
as of May 10, 2026
$1,176,500
as of May 10, 2026
1 Bed
3.5 Baths
3,853 sqft
(on 47 acres)
Homes for sale near 689 Old School Rd
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Local Information
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Description
Recently appraised at a value exceeding asking price. This country property is a must see to appreciate fully its fine craftsmanship, beautiful views, privacy, tranquility, and opportunities to observe nature. It consists of 47 acres, more or less, two acres on a hill where the house is situated; 11 acres of tillable ground; 18 acres of timber in forest reserve with mature white oaks, red oaks, and hickory; and the remainder rolling hills of former pasture and creek bottom. Four acres of the total have been restored with native prairie grasses and flowers. The prairie was seeded with 80 different native species and it is a sea of yellow for most of the summer. Custom-design ranch with Anderson windows showcasing breathtaking views. Master bedroom with walk-in closet, large bathroom with dual vanity, tiled shower, and whirlpool bath; great room with vaulted ceilings and Vermont Castings wood-burning stove; open kitchen with island, granite counters, double ovens, large pantry, and gas stove; partially enclosed formal dining room; office/den with built-in cherry desk and bookshelves; a guest half-bathroom and combination mudroom/laundry room. Floors in great room, den, kitchen, and dining area are oak; floors in master bathroom, lower-level baths, and mud room/laundry room are tiled. Walk-out lower level has one bedroom with full bath and small walk-in closet; a family room; an additional full bath in a hallway off the family room, two additional bedrooms (one currently in use as an office), and a large unfinished storeroom with a small wine storage area. Spacious large attached heated two car garage and a detached two car garage. Some of the special features of the house include screened porch, large multi-level deck and backup generator. Propane tank and utility lines and fiber-optics are buried. Short drive to Cedar Rapids and downtown Iowa City. Preferred possession date is late September or early October. Please email for additional information or a private showing.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 689 Old School Rd
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Interior Details BasementNumber of Rooms: 9Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Mud Room, Office, Pantry, Recreation Room, Sun RoomCeiling Fan |
Heating & Cooling Heating: Other, Electric, Wood PelletAir ConditioningCooling System: Central, GeothermalHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Windows, Doors, Floors & Walls Double Paned Windows |
Security Security System |
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Exterior Home Features Roof: AsphaltDeckExterior: BrickFoundation Type: ConcreteGardenLawnPatioSprinkler System |
Parking & Garage GarageParking: Garage Attached, Garage Detached |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Lot Area: 47.00 acres |
Price History for 689 Old School Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 03/24/2021 | ListingRemoved | N/A | |
| 09/28/2018 | $880,000 | Sold | N/A |
| 05/30/2018 | $895,000 | Pending | N/A |
| 05/18/2018 | $895,000 | Listed For Sale | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,738 |
| Assessment | $775,800 |
Home facts updated by county records
Assigned Schools
These are the assigned schools for 689 Old School Rd.
- Mount Vernon Middle School
- 5-8
- Public
- 397 Students
9/10GreatSchools RatingParent Rating AverageN/AStudent Review18y ago - Washington Elementary School
- PK-4
- Public
- 537 Students
7/10GreatSchools RatingParent Rating AverageThe principal, Kate Stanton is the worst principal I've been around. My daughter was falsely accused of something minor that she had no part or knowledge of. Instead of contacting a parent, Stanton interrogated and threatened my child to elicit a false confession. After my child came home crying, I contacted Stanton and I was given an audible "huff" over the phone and a refusal to listen or give any information. She flat out lied about having evidence while interrogating my child. She is the worst! That being said, the teachers are fantastic. Luckily, iowa law changed which allows the teachers to report to the parents, as they previously only reported to Stanton. Other than her, the district is great!Parent Review1y ago - Mount Vernon High School
- 9-12
- Public
- 468 Students
5/10GreatSchools RatingParent Rating AverageI agree and disagree. The class sizes are a very good sizes for learning. There does need to be more language options and more electives for a broader set of students. But the principal is very good. He is very active with the students and gets to know all of their names before the end of their Freshman year. The campus should not be closed. It should be a open campus for kids who want to eat food from the local; Subway, Gary's, Dairy Queen, Hardee's, or Casey's General Store. It also lets the students feel more free and mature. With that said only a few students will take advantage of this anyways. Most of the teachers are good with a few exceptions that we have had trouble with being too biased or discriminating towards specific groups of kids. Their biggest priority is to not waste their money like they tend to do and invest it in more classes like; language classes, computer science classes, and varied math classes.Parent Review10y ago 
Check out schools near 689 Old School Rd.
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
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Homes for rent near 689 Old School Rd
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Off Market Homes Near 689 Old School Rd
SOLDMAY 4, 2026Cindy Gaffney, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
See more homes for sale inEly
689 Old School Rd, Ely, IA 52227 is a 1 bedroom, 4 bathroom, 3,853 sqft single-family home built in 2003. This property is not currently available for sale. 689 Old School Rd was last sold on Sep 28, 2018 for $880,000. The current Trulia Estimate for 689 Old School Rd is $1,176,500.