1500 Main St #208Ely, IA 52227

Condo/Townhouse · 2 Beds · 2 Full Baths · 1,079 Sq. ft.
$338,000 Active

1500 Main St #208 Overview

Time on Site:
117 days
Visits:
0

Experience elevated living at Main Street Legacy Lofts, The Corridor’s newest luxury loft community located in the heart of downtown Ely. These thoughtfully designed residences combine modern elegance with small-town charm, offering spacious 2-bedroom units and a limited final 3-bedroom opportunity. The 2-bedroom lofts, designed by the renowned Melanie Olsen Design Group, feature stunning high-end finishes and carefully curated details throughout. Buyers can choose between two distinctive 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 and comfortable layout, and private balconies perfect for relaxing or enjoying the downtown Ely setting. Residents will also enjoy the convenience of in-unit laundry with a washer/dryer combo, 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 for comfortable everyday living. 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1500 Main St #208 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,079
  • Price/Sq.ft. $313

Details

General

Association/HOA

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: true

School Information

  • Elementary School: College Comm
  • Middle Or Junior School: College Comm
  • High School: College Comm

Building Information

  • Year Built: 2026

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: OT-E (East of I-380)
  • Postal City: Ely

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 18311-27012-00000
  • Pets Allowed: Number Limit,Size Limit,Yes
  • Property Condition: To Be Built
  • Property Sub Type: Condominium
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 1079.0

General Information

  • Appliances: Dryer,Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood,Washer
  • Building Features: Elevator(s)
  • Interior Features: Kitchen/Dining Combo,Bath in Primary Bedroom,Upper Level Primary
  • Living Area: 1079.0

Unit Information

  • Unit Number: 208

Exterior

Parking Information

  • Parking Features: Underground,Garage,Off Street,On Street

Lot Information

  • Lot Size Dimensions: n/a
  • Lot Size Units: Acres
  • Road Responsibility: Private Maintained Road
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: See Remarks
  • Construction Materials: Composite Siding,Frame,Vinyl Siding
  • Patio And Porch Features: Balcony

General Information

  • Sewer: Public Sewer

Room Information

  • Level: Second

1500 Main St #208 Neighborhood

Community

52227 (Ely) Demographics

39
Median Age
98
Population Density (per sq. mile)
48%
College Educated
$91,389
Estimated Median Income
902
Estimated Total Home Owners
164
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1500 Main St #208 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1500 Main St #208 Market Data

Based on the last 30 days in this zip code

$463,448
Average List Price
$246
Average Price per Square Foot
2
Properties Sold
89
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

1500 Main St #208 History

Date Event Value Agent
3/4/2026Source: Cedar Rapids Area MLS Added to Database
March 04, 2026
Listing provided courtesy of SKOGMAN REALTY- MLS# 2601462MLS Provider