Rare opportunity to own a rural 12.5 acres sitting up over your beautiful countryside views with a very cool watering hole and stream below. This property currently includes a home that needs major TLC, 2 barns, a corn crib, and an additional shed. The listing value only represents the land and the outbuildings. One of the barns appears to be in disrepair, and you should enter at your own risk,as it may be unsafe. This whole property will be parceled off to include the 12.5 acres that you see illustrated in the photos. This will be done prior to closing. There is no way to access the home yet..however, seller is working on getting a key. You can look inside the windows at this time. This really is a gorgeous piece of land that you can renovate the existing home, or build your dream home on. There are additional acres that the buyer may purchase as well: the 25.78 acres of (mainly) ag land on the other side of the creek for an additional charge. Don't miss out!
Sold
$375,000
223 Palisades Access Rd, Ely, IA 52227
5beds
1,884sqft
Single Family Residence
Built in 1905
12.50 Acres lot
$376,300 Zestimate®
$199/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 11:27am
Listed by:
Bill Grabe 319-389-5120,
COLDWELL BANKER HEDGES CORRIDOR
Bought with:
Jami Wolf
Keller Williams Legacy Group
Source: CRAAR, CDRMLS,MLS#: 2407940
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Second
Heating
- Gas
Cooling
- Central Air
Features
- Eat-in Kitchen, Upper Level Primary
- Basement: Partial
Interior area
- Total interior livable area: 1,884 sqft
- Finished area above ground: 1,884
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Four or more Spaces, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 12.50 Acres
- Dimensions: 12.5 Acre
- Features: Wooded
Details
- Parcel number: 182737600100000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Stone
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Septic Tank
- Water: See Remarks, Well
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$376,300
2% more+ $7,526
With Zillow Showcase(estimated)
$383,826