Property Description

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!

Features
: Forced Air
: Central Air
: Gas, Insert, Great Room
: Contemporary
: Kitchen/Dining Combo, Bath in Primary Bedroom, Main Level Primary, See Remarks
: Main Level
: Public Sewer
: Cable Connected
Appliances
: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Electric Water Heater, Range Hood
Address Map
IA
Linn
Cedar Rapids
52404
1st St SW
450
W92° 19' 44.1''
N41° 58' 23.5''
Diagonal Dr or 1st ave to 1st St SW
SW Quadrant
602
Neighborhood
Taylor
Jefferson
Wilson
MLS Addon
COLDWELL BANKER HEDGES
Karen Mathison
$0
$0
$0
$0
$0
Additional Information
: Composite Siding, Metal Frame, See Remarks, Cement Siding
2.0
: Level, Waterfront
common
2025-01-04
: Public
Financial
534.0
Monthly
1
498.0
Listing Information
MATHISONKARE121
CHED01
Cash, Conventional
Pending
2025-01-05T14:05:24Z
CDR
2025-01-04T16:34:17Z

450 1st St Sw 602, Cedar Rapids, Iowa 52404 - Residential For Sale

450 1st St Sw 602, Cedar Rapids, Iowa 52404

3 Bedrooms
3 Full Bathrooms
2,422
$725,000
Listing ID #2500059
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2500059
Price : $725,000
Bedrooms : 3
Full Bathrooms : 3
Half Bathrooms : 1
Square Footage : 2,422
Year Built : 2016
Status : Pending
F 137 : See Remarks
F 146 : Deck
F 150 : Attached, Garage, Garage Door Opener, On Street, Heated Garage
Full Bathrooms : 2
Property Sub Type : Condominium
Waterfront Yn : 1
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent