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900 2nd Street 502CedarRapids, IA 52401

Water Tower Place · Linn County

$529,900List price
2Beds
2.5Baths
2,049Sq Ft
1925Year built
3 weeks agoOn market

Description

A stunning and rare penthouse-style condo on the 5th floor of Cedar Rapids’ beloved Water Tower Place is now available, but likely not for long! An impressive showcase of a warehouse conversion that took a beautiful 1925 building and created these one-of-a-kind condominiums in 2007, this luxury home brilliantly marries the building’s distinctive architecture with a modern design aesthetic and layout. With 2,049 square feet of finished living space, two bedrooms, a den/study, two and a half baths, two generous storage rooms, extensive closet space, two storage areas off of the garage, a guest suite in the building, and a huge rooftop deck and pergola for entertaining that includes gorgeous natural vegetation all mean that this condo feels like a home; no need to experience the sacrifice of downsizing to enjoy the benefits of condo living. A true chef’s kitchen with a full suite of KitchenAid appliances. In-unit laundry. The elevated den/study has been upgraded with stunning, custom walnut bookshelves. So much natural light, city views, double balcony, high end closet systems, custom window treatments, spa-like en suite baths, dedicated parking space in the heated parking garage plus additional parking outside. Come see the exposed brick, the high ceilings, the quality, and the city views. This luxury home does not disappoint!

Property Information

Property type
Residential
Sub-type
Condominium
Year built
1925
Living area
2,049 Sq Ft
Lot dimensions
common
Parking spaces
1
Zoning
Residential
Days on market
24
MLS® Listing#
202605247

Property Features

Interior
Bookcases · High Ceilings · Breakfast Bar · Other · Master Downstairs · Smart Thermostat
Exterior
Balcony
Appliances
Oven · Dishwasher · Microwave · Refrigerator · Dryer · Washer · Cooktop
Cooling
Central Air · Dual
Heating
Natural Gas · Forced Air
Flooring
Concrete
Fireplace
Gas · Family Room
Basement
Concrete
Parking
Guest · On Street · Attached
Laundry
Lower Level
Patio
Deck
Construction
Brick
Utilities
Cable Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
GrantwoodCR
Middle
Mckinley
High
Washington

Financial Details

HOA
$9,564 / Annually
Annual taxes
$8,130Tax year 2025
Parcel number
14281-86002-01051

Directions

From 8th Ave, east on 2nd St

Listing Courtesy: Skogman Realty Co. - 3196256427

Presented by: Cory Rath

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association of REALTORS®. 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. Information deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright ©2026 Iowa City Area Association of REALTORS®. All Rights Reserved.

CedarRapids Market Statistics

How this home compares to 57 active listings in CedarRapids, IA

CedarRapids medianThis listing
Median listing price$289,474$529,900
Median days on market3424
Median Sq Ft1,6882,049
Median price / Sq Ft$152$259

Market statistics compiled from active EXIT Realty® and MLS listings in CedarRapids, IA.

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.