
1500 Main St 200, Ely, IA 52227
Linn County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
See Remarks
Year Built
2026
Living Area
2,355 sq ft
Lot Dimensions
n/a
Garage Spaces
1
Days on Market
51
MLS® Listing#
2601454
Property Features
Interior
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Rooms
- Second
Schools
- Elementary:
- College Comm
- Middle:
- College Comm
- High:
- College Comm
Financial Details
HOA
$350 / Monthly
Parcel Number
18311-27012-00000
Directions
South on Ely Road, East on Dows. Corner of Main and Dows.
Affordability Calculator
$144,000
Estimated monthly payment
$3,832/mo
Principal $576,000 · Est. interest $803,571 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ely, IA
- $333,333
- Median Listing Price
- 132
- Median Days on Market
- 1,079
- Median Sq Ft
- $313
- Median Price / Sq Ft
- 24
- Active Listings
- This home’s price is 116% above the area median.
- Its price per sq ft is 2% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ely, IA.
Location
Getting Around
Points of Interest in Ely, IA
Showing the Ely area map.
Nearby Schools
Prairie Creek
School · 3.9 mi away
Prairie Point Middle School
Secondary · 4.1 mi away
Prairie High School
Secondary · 4.6 mi away
Prairie Pointe Middle School
School · 4.8 mi away
Prairie Edge
School · 5.0 mi away
Lakeview Elementary School
Elementary · 6.2 mi away
Solon Middle School
Secondary · 6.4 mi away
Solon High School
Secondary · 6.4 mi away
Solon Community Schools
School · 6.6 mi away
Solon Intermediate School
Elementary · 6.6 mi away
Spartan Early Childhood Center
School · 6.6 mi away
Champions at Grant Elementary School
Elementary · 6.8 mi away
Grant Elementary School
Elementary · 6.8 mi away
Wilson Middle School
Secondary · 7.0 mi away
Washington High School
Secondary · 7.1 mi away
Holy Family School System
School · 7.1 mi away
All Saints Elementary School
Elementary · 7.5 mi away
Erskine Elementary School
Elementary · 7.5 mi away
Metro High School
Secondary · 7.7 mi away
Hacap
School · 7.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1500 Main St 200, Ely, IA | $720,000 | 3 | 2 | 2,355 |
Moving Cost Estimate
EXIT Agents in Ely
Listing Courtesy: SKOGMAN REALTY - 3193666427
Presented by: Jason Vestweber











