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$338,000
31 Days On Site

1500 Main St 205
Ely, IA 52227

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,079
SqFt
$313
/SqFt
2026
Built
County:
Linn
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(319) 899-6162
1500 Main St 2051500 Main St 2051500 Main St 2051500 Main St 205
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Monthly Payment (Est.)

$1,542
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$338,000
Days On Site 
31 Days
Bedrooms 
2
Inside Area (SqFt) 
1,079 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2026
MLS® Number 
2601458
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$250 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Building Features 
Elevators
Garage 
Yes
Garage Spaces 
1
Parking 
UndergroundGarageOff StreetOn Street
Pets 
Number LimitSize LimitYes
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Above 
1079
Style 
See Remarks
Water Source 
Public
Interior Features
Appliances 
DryerDishwasherDisposalMicrowaveRangeRefrigeratorRange HoodWasher
Cooling 
GeothermalCentral Air
Heating 
Geothermal
Interior 
Elevator
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Exterior Features
Construction Details 
FrameVinyl Siding
Community Features
Association Dues 
250
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
OT-E (East of I-380)
Schools
School District
Unknown
Elementary School
College Comm
Middle School
College Comm
High School
College Comm
All or a portion of the multiple Listing information is provided by the Cedar Rapids Area Association of Realtors, from a copyrighted compilation of listings. All IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Cedar Rapids Area Association of Realtors MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Cedar Rapids Area Association of Realtors. All rights reserved.



Listing courtesy of Jason Vestweber of SKOGMAN REALTY.

Last checked 2026-04-05 03:08 AM CDT.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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