This is unequivocally the opportunity of a lifetime on the west suburban lakeshore! Your options abound with this three-parcel listing on highly desirable Lake Road in Bay Village which, when taken together, offer over 220 feet of both frontage and shoreline comprising over 2.6 nicely wooded acres. Let your imagination wander as you consider whether the existing homes will allow you to create the perfect family compound, a personal residence and an income property, or whether the rolling and magnificently landscaped lot creates the perfect setting to build the estate home of your dreams. The existing main home is perched on a knoll offering uncompromised views of Lake Erie and spanning over 4,100 square feet with a primary suite, a family room/great room, and a library/den/office area on each floor, as well as a separate apartment perched above the attached and heated three car garage. All told, there are 4 bedrooms and 8 bathrooms (5 full and 3 half), three fireplaces, three fully-applianced kitchen/kitchenettes (one on each floor adjacent to the living areas and one in the apartment), and multiple lakefront decks, and terraces. The architecture and interior finishes lean contemporary with abundant built-ins and woodwork, vaulted ceilings and skylights. The infrastructure of the home (which includes a stucco exterior, multiple furnaces, a tankless hot water tank and a Kohler generator), and the shoreline have been meticulously maintained. The second home boasts partial lake views and spans nearly 2,600 square feet with 3 bedrooms and 2 ½ baths, an attached two car garage and a fenced yard. The third parcel, which is currently vacant, could easily support a third single family residence. So many options, so little time….act now before it takes another generation for such an incredible opportunity to present itself again.
Based on the average sale price from the Youngstown, OH office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
22916 Lake Road Bay Village, OH is a Single Family Home for sale at $4200000 and a lot size of 2.67 Acres Acre(s). 22916 Lake Road Bay Village has 4 bedrooms, 5 baths and was built in 1979. The property's zip code is 44140 which is in Bay Village, OH
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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