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.
New construction
$338,000
1500 Main St #203, Ely, IA 52227
2beds
1,079sqft
Condominium, Residential
Built in 2026
-- sqft lot
$337,400 Zestimate®
$313/sqft
$250/mo HOA
What's special
Open layoutSleek black accentsSecure elevator accessPrivate balconiesGenerously sized bedroomsStunning high-end finishes throughoutElegant gold finishes
- 115 days |
- 17 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jason Vestweber 319-551-0373,
Skogman Realty Co.
Source: Iowa City Area AOR,MLS#: 202601622
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
Features
- Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,079
- Total interior livable area: 1,079 sqft
- Finished area above ground: 1,079
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street, On Street
- Has attached garage: Yes
Details
- Parcel number: 183112701200000
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Composit, Vinyl, Frame
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: na
HOA
- Has HOA: Yes
- HOA fee: $3,000 annually
Location
- Region: Ely
Financial & listing details
- Price per square foot: $313/sqft
- Date on market: 3/9/2026
- Listing terms: Cash,Conventional
Estimated market value
$337,400
$321,000 - $354,000
$1,810/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $338,000+3%$313/sqft |
Source: | ||
| 3/1/2026 | Listing removed | $328,000$304/sqft |
Source: | ||
| 2/9/2025 | Price change | $328,000+1.2%$304/sqft |
Source: | ||
| 1/9/2025 | Price change | $324,000-0.2%$300/sqft |
Source: | ||
| 9/5/2024 | Price change | $324,500+0.2%$301/sqft |
Source: | ||
| 8/28/2024 | Listed for sale | $324,000$300/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 52227
Nearby schools
GreatSchools rating
- 4/10Prairie Creek Intermediate SchoolGrades: 5-6Distance: 4 mi
- 6/10Prairie Point Middle SchoolGrades: 7-9Distance: 4.1 mi
- 2/10Prairie High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: CollegeComm
- Middle: CollegeComm
- High: CollegeComm
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Linn County
- Ely
- 52227
- 1500 Main St Unit 203
