Welcome to Ely IA and the newest project in town! Located directly on the Cedar Valley Nature Trail and at the east end of Main Street, the Mainstreet Legacy LLC is committed to building this mixed use commercial and residential project. We are just months away from our residentials spaces being move in ready. Our current goal is to have possession of the building by October of 2025, so now is the time to be picking your unit and securing your space in this great building. Located just 15 min from downtown Cedar Rapids, and just over 25 from downtown Iowa City, this is a great location to escape the big city and enjoy quite small town living while still being just minutes from the action. This is not going to be your typical condo experience, these are going to be exceptional! Special care has been taken by Melanie Olsen Design to create a space which is warm, professional, and executive level in every way. The residential space has a common area for larger gatherings and for all to use. The building offers heated indoor parking, geo-thermal, filtered water system, spaces for electric vehicles to plug-in, security, elevator service from the parking to the second floor for a zero stairs experience, extra storage for each residential unit in the parking space, bike parking, and custom firepits along the bike trail for all to enjoy
New construction
$328,000
1500 Main St #201, Ely, IA 52227
2beds
1,079sqft
Est.:
Condominium, Residential
Built in 2025
-- sqft lot
$328,000 Zestimate®
$304/sqft
$140/mo HOA
What's special
Bike parkingHeated indoor parkingFiltered water system
- 337 days
- on Zillow |
- 18 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 12:34pm
Listed by:
Jason Vestweber 319-551-0373,
Skogman Realty Co.
Source: Iowa City Area AOR,MLS#: 202405070

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: None
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: Garage - Attached
- 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
- Vinyl, Composit, Frame
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: na
HOA
- Has HOA: Yes
- HOA fee: $1,680 annually
Location
- Region: Ely
Financial & listing details
- Price per square foot: $304/sqft
- Date on market: 9/4/2024
- Listing terms: Cash,Conventional
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