Perfect investment for a builder or developer. The property for sale is 9 condominium rental homes and 27 undeveloped condo lots. Two condo buildings are built and there is a potential to build four more condo buildings. Existing condo units rent at approximately $2,100/month, request Proforma and Rent Roll from the Listing Agent. Approximately $2,750,000 for the 9 condo units ($305,555/unit) and $1,250,000 for the 27 condo lots ($46,300/lot). To be sold as a package.
For sale
$4,000,000
1500-1672 Ponds Edge Ct, North Liberty, IA 52317
--beds
4baths
--sqft
Multi Family, Residential
Built in 2003
-- sqft lot
$3,747,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days
- 42
- 2
Zillow last checked:
Listing updated:
Listed by:
Mark Lynch 319-331-0409,
Skogman Realty Co.
Source: Iowa City Area AOR,MLS#: 202605226
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Microwave
- Laundry: Other
Features
- Other
- Basement: See Remarks
- Has fireplace: No
Interior area
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: None
Lot
- Size: 4 Acres
- Dimensions: 4.0
- Features: Two To Five Acres
Details
- Parcel number: Multiple
- Zoning: RM-8
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Other, Unknown
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
- Security: Carbon Monoxide Detector(s)
- Subdivision: NL PONDS EDGE
HOA
- Has HOA: Yes
- Services included: Other, None
Location
- Region: North Liberty
Financial & listing details
- Date on market: 8/25/2026
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$3,747,900
$3.56M - $3.94M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $4,000,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 52317
Nearby schools
Schools provided by the listing agent
- Elementary: ClearCreek
- Middle: ClearCreek
- High: ClearCreek
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




