Step into unparalleled luxury with this breathtaking penthouse condo, located in the heart of Cedar Rapids. With only three units on the top floor, this rare find offers the best view in the city, overlooking the amphitheater, the river, and the downtown skyline. A sprawling 26 x 10-foot deck provides the perfect setting for outdoor relaxation or entertaining, offering a front-row seat to the city life below.
Spanning over 2,400 square feet, this expansive 3-bedroom, 2.5-bathroom unit provides both space and sophistication. As you enter, you’re immediately greeted by a dramatic open-concept living area with stunning panoramic city views. The spacious living room features a striking stone fireplace, creating a warm and inviting atmosphere. The gourmet kitchen is a chef’s dream, complete with a large island, granite countertops, and top-of-the-line Thermador appliances, including an induction cooktop and a sleek bar area for added convenience.
The luxurious master suite is truly one-of-a-kind, offering incredible views of the city. An adjoining bonus room provides versatility as a private office, TV room, or home gym. The spa-like master ensuite is a retreat, with dual sinks and a spacious walk-in shower. The bathroom leads directly to a custom-designed walk-in closet finished with rich wood detailing, offering ample hanging and drawer space. The closet conveniently connects to the large, well-appointed laundry room.
This thoughtful split-floor plan also includes two additional generously sized bedrooms, a large storage closet, and a beautifully tiled bathroom with a shower/tub combination.
A rare bonus: the unit has a private 2-car garage, offering secure access directly into the building’s common hallway.
With the convenience of downtown living and the added benefit of a tax abatement running through 2026, this condo is the ultimate in modern luxury. Contact the city for more details on the tax incentive.
Don’t miss your chance to experience the pinnacle of penthouse living in Cedar Rapids—schedule your private tour today!
Sold
$735,000
450 1st St SW APT 602, Cedar Rapids, IA 52404
3beds
2,422sqft
Condominium
Built in 2016
-- sqft lot
$718,700 Zestimate®
$303/sqft
$534/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 08, 2025 at 04:03pm
Listed by:
Karen Mathison 319-573-8106,
COLDWELL BANKER HEDGES
Bought with:
Jaime Burczek-PSN Homes
SKOGMAN REALTY
Source: CRAAR, CDRMLS,MLS#: 2500059
Originating MLS: Cedar Rapids Area Association Of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Other
- Level: First
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Range Hood, Washer
- Laundry: Main Level
Features
- Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, See Remarks
- Basement: See Remarks
- Has fireplace: Yes
- Fireplace features: Insert, Gas, Great Room
Interior area
- Total interior livable area: 2,422 sqft
- Finished area above ground: 2,422
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Heated Garage, On Street, Garage Door Opener
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Features: Level, Waterfront
Details
- Parcel number: 142827801901035
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Composite Siding, Cement Siding, Metal Frame, See Remarks
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Cedar Rapids
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $534 monthly
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$718,700
2% more+ $14,374
With Showcase(estimated)
$733,074