$720,000
NEW CONSTRUCTION

1500 Main St Ely, IA 52227

Estimated payment $4,914/month

Total Views 2,236
3 Beds
2 Baths
2,355 Sq Ft
$306 Price per Sq Ft

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Prairie Ridge Elementary School Rated A-
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

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.

Listing Agent

Jason Vestweber

Skogman Realty Co. Listed on: 03/09/2026

Skogman Realty Co.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | New Construction

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction

Interior Spaces

  • 2,355 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • College Comm Elementary And Middle School
  • College Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 18311-27012-00000

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

HOA Fees

$350 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2355
  • Owner Name L F Mi: Main Street Legacy
  • Ownership Type: Condo Attached
  • Photo Code: Complete
  • Remarks: Please see attachments.
  • Year Built: 2026
  • Directions: North 380 to Swisher exit. East on 120th St NW. North on Ely Rd. East on Dows.
  • Amenities: Other
  • Basement Remarks: None
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: None/Condo
  • Possession R: Other
  • Possible Finance R: Cash, Conventional
  • Stories Style R: Other
  • Remarks2: 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.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Elevators: Yes
  • Number Bedrooms Main: 3
  • Sq Ft Above: 2355
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Mstr Br Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • New Construction: Yes

Garage/Parking

  • Parking Spaces: 1 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 4200
  • Condo Level: 2

Schools

  • High School: College Comm
  • Jr Middle School: College Comm
  • Elementary School: College Comm

Lot Info

  • Acreage: 0
  • Geo Subdivision: IA
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 18311-27012-00000

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2026 03/09/26 For Sale $338,000 -53.1% $313 / Sq Ft
03/09/2026 03/09/26 For Sale $720,000 -- $306 / Sq Ft
Source: Iowa City Area Association of REALTORS®

About the Listing Agent

Jason Vestweber

Skogman Realty Co.

(319) 419-7958

Section Image

Serving buyers & sellers in Cedar Rapids & Iowa City since 2010, Jason Vestweber & his team of top agents are here for all of your real estate needs.

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Source: Iowa City Area Association of REALTORS®

MLS Number: 202601618

Iowa City Area Association of REALTORS®
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