$1500 Gaming PC

Solution
Having 1500 and not going I7 and 780... That is a lot of wasted money.

Here is another proposition.
PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i7-4790K 4.0GHz Quad-Core Processor ($339.99 @ Newegg)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($22.99 @ Micro Center)
Motherboard: Asus Z97-A ATX LGA1150 Motherboard ($144.99 @ Newegg)
Memory: Kingston Black 8GB (2 x 4GB) DDR3-1600 Memory ($84.99 @ Newegg)
Storage: Samsung 840 EVO 120GB 2.5" Solid State Drive ($80.99 @ NCIX US)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($50.40 @ Amazon)
Video...

Pr3di

Honorable
Here`s one option:
PCPartPicker part list: http://pcpartpicker.com/p/YNggFT
Price breakdown by merchant: http://pcpartpicker.com/p/YNggFT/by_merchant/

CPU: Intel Core i5-4690K 3.5GHz Quad-Core Processor ($234.99 @ NCIX US)
Motherboard: Gigabyte GA-Z87X-UD4H ATX LGA1150 Motherboard ($163.97 @ OutletPC)
Memory: G.Skill Trident X Series 16GB (2 x 8GB) DDR3-2400 Memory ($169.99 @ Newegg)
Storage: Sandisk Ultra Plus 128GB 2.5" Solid State Drive ($59.99 @ Amazon)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($69.98 @ OutletPC)
Video Card: Gigabyte GeForce GTX 780 3GB WINDFORCE Video Card ($499.99 @ Amazon)
Case: NZXT Phantom 410 (Black/Orange) ATX Mid Tower Case ($61.00 @ Newegg)
Power Supply: EVGA SuperNOVA NEX 750W 80+ Gold Certified Fully-Modular ATX Power Supply ($79.99 @ Newegg)
Optical Drive: Lite-On iHAS124-14 DVD/CD Writer ($12.99 @ Newegg)
Monitor: Acer H236HLbid 60Hz 23.0" Monitor ($129.99 @ Best Buy)
Total: $1482.88
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-07-28 09:18 EDT-0400

I didn`t include a CPU cooler, because you didn`t mention if you want it or not.
However, we can cut some corners and get it in there, or you can add it later on.
I would still recommend to stick with the CPU and mobo, in order to have the OC option available, even if you`re not interested right now.
 
Here's another option for more CPU-intensive games and tasks.

PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i7-4790K 4.0GHz Quad-Core Processor ($322.99 @ NCIX US)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($22.99 @ Micro Center)
Motherboard: Asus Z97-C ATX LGA1150 Motherboard ($119.99 @ Amazon)
Memory: G.Skill Ripjaws X Series 8GB (2 x 4GB) DDR3-1600 Memory ($83.99 @ Newegg)
Storage: Samsung 840 EVO 120GB 2.5" Solid State Drive ($80.99 @ NCIX US)
Storage: Seagate Barracuda 2TB 3.5" 7200RPM Internal Hard Drive ($79.98 @ OutletPC)
Video Card: MSI GeForce GTX 780 3GB TWIN FROZR Video Card ($462.98 @ SuperBiiz)
Case: Cooler Master Storm Scout ATX Mid Tower Case ($94.98 @ SuperBiiz)
Power Supply: XFX XTR 650W 80+ Gold Certified Fully-Modular ATX Power Supply ($109.99 @ Amazon)
Monitor: BenQ GL2460HM 60Hz 24.0" Monitor ($149.99 @ Amazon)
Total: $1528.87
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-07-28 09:37 EDT-0400
 

Shneiky

Distinguished
Having 1500 and not going I7 and 780... That is a lot of wasted money.

Here is another proposition.
PCPartPicker part list / Price breakdown by merchant

CPU: Intel Core i7-4790K 4.0GHz Quad-Core Processor ($339.99 @ Newegg)
CPU Cooler: Cooler Master Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler ($22.99 @ Micro Center)
Motherboard: Asus Z97-A ATX LGA1150 Motherboard ($144.99 @ Newegg)
Memory: Kingston Black 8GB (2 x 4GB) DDR3-1600 Memory ($84.99 @ Newegg)
Storage: Samsung 840 EVO 120GB 2.5" Solid State Drive ($80.99 @ NCIX US)
Storage: Seagate Barracuda 1TB 3.5" 7200RPM Internal Hard Drive ($50.40 @ Amazon)
Video Card: Asus GeForce GTX 780 3GB DirectCU II Video Card ($479.99 @ Newegg)
Case: Corsair 200R ATX Mid Tower Case ($47.99 @ Micro Center)
Power Supply: SeaSonic M12II 650W 80+ Bronze Certified Semi-Modular ATX Power Supply ($109.99 @ NCIX US)
Optical Drive: LG GH24NSB0 DVD/CD Writer ($13.99 @ Newegg)
Monitor: Asus VE248H 24.0" Monitor ($159.99 @ Newegg)
Total: $1516.30
Prices include shipping, taxes, and discounts when available
Generated by PCPartPicker 2014-07-28 09:45 EDT-0400
Cheers.
 
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