Although there are no explicit statements with regards to Legolas' age, it can be inferred that he was a relatively young elf, though I'd say way over 250.
Note that in one of their discussions, Legolas says of Aragorn and Gimli: (paraphrased) " the forest is old, so old that i almost feel young again as i have not done since journeying with you children". Or something like that. I haven't got the book on me.
Firstly, Legolas infers that the forest is so old that it makes him look young, which is a surprise to most elves.
Secondly, he is comparing his age with his two companions. Aragorn is said (in the apppendix) to be around 70 or 80 (again, no book on me) and Gimli is slightly older than Aragorn. They are therefore both relatively "old" in our terms, though hardly to be compared by an elf as being children, if the elf in question wasn't markedly older.
BTW, it is all conjecture as to what prince the Mithril coat was made for. It could have been made for noone in particular, or it could have been other Silvan Elves that do not come in to the books. How about the obscure "Dorwinion"? Although I don't think that Silvan Elves would have the means to pay for such an expensive item.
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Master of Doom!!!
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