Active

Listed by: Tarrant and Harman Real Estate and Auction Co • Robert D Doody • 618-540-5501

Price cut: $10.1K (9/29)

$279,900

308 Pelican Way, Grafton, IL 62037

2beds

2,367sqft

$2,380/mo

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Condominium

Built in 2010

-- sqft lot

$273,100 Zestimate^®

$118/sqft

$275/mo HOA

What's special

Spectacular river views

Wake up to some of the most breathtaking views along the Mississippi in this stunning condo at The Moorings at Grafton. This beautifully maintained 2 bed, 2 bath condo offers the perfect blend of comfort, style, and low-maintenance living—whether you're looking for a full-time residence, weekend escape, or investment opportunity. Enjoy open-concept living filled with natural light and step outside to take in spectacular river views that truly set this property apart. A spacious 2-car garage provides convenience and extra storage, while the layout offers the ideal balance of functionality and relaxation. Located in the heart of Grafton, you’re surrounded by everything that makes this river town so special—boating, dining, live entertainment, and year-round attractions—while still being just a short drive to everyday essentials and the St. Louis metro area. If you’ve been dreaming of riverfront living with a lifestyle to match, this is your opportunity to make it happen.

182 days
338
19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Features: Floor Covering: Carpeting
Level: Upper
Area: 221
Dimensions: 17x13

Bedroom

Features: Floor Covering: Carpeting
Level: Lower
Area: 156
Dimensions: 13x12

Primary bathroom

Features: Floor Covering: Vinyl
Level: Upper
Area: 154
Dimensions: 11x14

Bathroom

Features: Floor Covering: Wood
Level: Upper
Area: 20
Dimensions: 5x4

Bathroom

Features: Floor Covering: Vinyl
Level: Lower
Area: 40
Dimensions: 8x5

Dining room

Features: Floor Covering: Wood
Level: Upper
Area: 272
Dimensions: 16x17

Family room

Features: Floor Covering: Carpeting
Level: Lower
Area: 220
Dimensions: 20x11

Family room

Features: Floor Covering: Carpeting
Level: Lower
Area: 225
Dimensions: 15x15

Kitchen

Features: Floor Covering: Wood
Level: Upper
Area: 165
Dimensions: 11x15

Laundry

Features: Floor Covering: Vinyl
Level: Upper
Area: 90
Dimensions: 10x9

Living room

Features: Floor Covering: Wood
Level: Upper
Area: 330
Dimensions: 15x22

Heating

Forced Air

Cooling

Central Air

Features

Basement: Finished,Full
Has fireplace: No

Interior area

Total structure area: 2,367
Total interior livable area: 2,367 sqft
Finished area above ground: 2,367

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: One
Patio & porch: Composite, Covered, Deck
Has view: Yes
View description: River
Water view: River

Lot

Features: Views

Details

Parcel number: 0823010002
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Craftsman
Property subtype: Condominium
Attached to another structure: Yes

Materials

Cement Siding

Condition

Year built: 2010

Utilities & green energy

Electric: Ameren
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: The Moorings At Grafton

HOA

Has HOA: Yes
Amenities included: None
Services included: Maintenance Grounds, Common Area Maintenance, Snow Removal, Trash
HOA fee: $275 monthly
HOA name: The Moorings at Grafton

Location

Region: Grafton

Financial & listing details

Price per square foot: $118/sqft
Tax assessed value: $310,905
Annual tax amount: $5,905
Date on market: 4/8/2026
Cumulative days on market: 182 days
Listing terms: Cash,Conventional
Ownership: Owner by Contract
Electric utility on property: Yes

Estimated market value

$273,100

$259,000 - $287,000

$2,499/mo

Price history

Date	Event	Price
9/29/2026	Price change	$279,900-3.5%$118/sqft
Source: MARIS #26020656 Report a problem
8/15/2026	Price change	$290,000-1.7%$123/sqft
Source: MARIS #26020656 Report a problem
7/2/2026	Price change	$295,000-1.6%$125/sqft
Source: MARIS #26020656 Report a problem
6/5/2026	Price change	$299,900-4.8%$127/sqft
Source: MARIS #26020656 Report a problem
5/11/2026	Price change	$315,000-1.5%$133/sqft
Source: MARIS #26020656 Report a problem
4/8/2026	Price change	$319,900+6.7%$135/sqft
Source: MARIS #26020656 Report a problem
4/20/2024	Pending sale	$299,900+7.1%$127/sqft
Source: MARIS #24012584 Report a problem
4/19/2024	Sold	$280,000-6.6%$118/sqft
Source: MARIS #24012584 Report a problem
3/17/2024	Contingent	$299,900$127/sqft
Source: MARIS #24012584 Report a problem
3/8/2024	Listed for sale	$299,900+30.4%$127/sqft
Source: MARIS #24012584 Report a problem
10/25/2021	Sold	$230,000-3.6%$97/sqft
Source: MARIS #21033384 Report a problem
8/22/2021	Pending sale	$238,500$101/sqft
Source: MARIS #21033384 Report a problem
7/15/2021	Price change	$238,500-2.7%$101/sqft
Source: MARIS #21033384 Report a problem
5/25/2021	Listed for sale	$245,000+7.5%$104/sqft
Source: MARIS #21033384 Report a problem
11/1/2016	Sold	$228,000$96/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,313 +6.9%	$103,635 +12%
2024	$5,905 +7%	$92,530 +8%
2023	$5,521 -1.2%	$85,680 +4%
2022	$5,587 +4.8%	$82,385 +6.5%
2021	$5,329 +7.1%	$77,360 -1.8%
2020	$4,976 -1.7%	$78,780 +2.2%
2019	$5,062	$77,050
2018	--	$77,050 +0.7%
2017	--	$76,480
2016	--	$76,480
2015	--	$76,480 -0.2%
2014	--	$76,595
2013	--	$76,595 +15.4%
2012	--	$66,365