new - 18 hours on rocket

500 Park Rd, Painesville, OH, 44077

$100,000

1.93 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
ParkingDriveway
ViewCity
MLS #5094381
Lot Size1.93 Acres
StatusActive

About 500 Park Rd

Discover your perfect opportunity with this spacious 1.93-acre residential lot in desirable Painesville Township, Ohio! Offering the perfect blend of secluded living and modern convenience, this expansive parcel is ideal for a variety of creative possibilities. Zoned for residential use, the property provides versatile options, including the potential to split the parcel for multiple builds. Whether you envision constructing your custom dream home with plenty of room for outdoor amenities or developing multiple residences for future resale or rental income, this land is full of potential. Investors will appreciate the flexibility to establish a multigenerational living space. A structure on-site can be transformed back into a garage, adding immediate utility. Electric and gas are available at the structure, simplifying future plans. With spring just around the corner, now is the perfect time to secure this prime property and begin your building project! Turn your vision into reality. Enjoy the convenience of nearby local stores, restaurants, and services, all while relishing the privacy and tranquility of spaced-out living. With easy access to main roads and essential amenities, this property is truly one to see. Don't wait, this is your chance to build, invest, or create your dream home on a beautiful piece of land in Painesville Township. Schedule your viewing today!

Property Details

Property Features

Listing Office:

  • Office Name: CENTURY 21 Asa Cox Homes
  • Office Phone: (440) 639-0002
  • Listing Agent: Asa A Cox

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Open Lot, Many Trees, See Remarks, Cleared, Level, Wooded
  • Lot Size: 1.93 Acres

Other

Directions Information:

  • Directions: Madison Ave to Park Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
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Housing Market Comparison

See how this home compares to others in Painesville, OH.

Med. Sold Price

$213K

Med. Price/SqFt

$130

Avg. Days On Market

37

# of Sold Homes

32

500 Park Rd vs Painesville

1 DAY ON ROCKET

-36 Days

$100,000

-$113K Less

KEY TAKEAWAY

This property is $113K less than the Median Sold Price in Painesville, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5094381

Listing Office:

  • Office Name: CENTURY 21 Asa Cox Homes
  • Office Phone: (440) 639-0002
  • Listing Agent: Asa A Cox

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it 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 to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 10:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2543843
5
/10
  • Riverview Elementary School

  • 845 Madison Ave

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-2543844
4
/10
  • Elm Street Elementary School

  • 585 Elm St

  • 2.53 miles

  • Public District Grades KG-5

school-card-donut-2543845
3
/10
  • Maple Elementary School

  • 560 W Jackson St

  • 3.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,057. The majority of Painesville, OH residents have income between $35k-100k annually. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Park Rd

What is the listing price of this property?

The listing price of 500 Park Rd property is $100,000.

What type of property is this?

The property 500 Park Rd is land located in Painesville, Ohio, 44077.

Is this property for sale now?

Active Listing: 500 Park Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 500 Park Rd is 1.93 acres.
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Rocket HomesOhioLake CountyPainesville44077500 Park Rd

This home is located at 500 Park Rd in Painesville, OH and zip code 44077. This home sits on a 1.93 acre lot. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $100,000.

While more than 8 listings in Painesville, OH in December 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 19 were sold below. The number of listings in Painesville, OH decreased by 15.7% between November 2024 and December 2024. In December 2024 median list price was $213,000 and the average listing age was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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