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8986 Fairmount Rd, Novelty, OH, 44072

$598,000

11.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeFarm
ParkingDriveway
ViewTrees/Woods
MLS #5090218
Lot Size11.00 Acres
StatusActive

About 8986 Fairmount Rd

Discover this 11-acre wooded sanctuary in desirable Novelty, Ohio, where nature and opportunity converge. This remarkable property showcases 211 feet of prime frontage along Fairmount Road and extends nearly half a mile northward, offering an ideal canvas for your dream estate. This former horse property contains a paddock space and five-stall horse barn. To the rear, a mature forest creates a natural amphitheater as it slopes gracefully toward the Chagrin River, which bisects the property with 207 feet of waterfront on both banks. The northern boundary meets the historic inter-urban railway trail, a scenic bridle path, beyond which lies protected land owned by the Western Reserve Land Conservancy—ensuring lasting privacy and preserved natural views. This exceptional setting combines rural tranquility with outstanding accessibility, positioned just minutes from the charming Village of Chagrin Falls, upscale dining, boutique shopping, parks, and convenient access to US-422. While the existing structure requires either extensive renovation or replacement, the property's natural features and strategic location present an excellent opportunity to create a distinguished residence amidst the rolling woodlands of Northeast Ohio's rural countryside.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (216) 310-2138
  • Listing Agent: Jeffrey Peterson

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Many Trees, Stream/Creek, Wooded
  • Lot Size: 11.00 Acres

Other

Directions Information:

  • Directions: From Chesterland, south on 306, then left on Fairmount Road. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $598,000

Tax Information:

  • Annual Amount: $596
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5090218

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (216) 310-2138
  • Listing Agent: Jeffrey Peterson

IDXCopyright 2024 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: 12/18/2024, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$596$52,150
2019$624$51,100
2018$630$51,100
2017$859$55,270

History based on county public records data.

Payment Calculator

$3,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,859

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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-120403
9
/10
  • Robert C. Lindsey Elementary School

  • 11844 Caves Rd

  • 4.40 miles

  • Public District Grades 3-5

school-card-donut-120404
8
/10
  • Gates Mills Elementary School

  • 7639 Colvin Rd

  • 4.70 miles

  • Public District Grades KG-5

school-card-donut-120405
10
/10
  • Munson Elementary School

  • 12687 Bass Lake Rd

  • 5.87 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,260. Residents of Geauga County, OH typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8986 Fairmount Rd

What is the listing price of this property?

The listing price of 8986 Fairmount Rd property is $598,000.

What type of property is this?

The property 8986 Fairmount Rd is land located in Novelty, Ohio, 44072.

Is this property for sale now?

Active Listing: 8986 Fairmount Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $596 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8986 Fairmount Rd is 11.00 acres.
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Rocket HomesOhioGeauga CountyNovelty440728986 Fairmount Rd

This home is located at 8986 Fairmount Rd in Novelty, OH and zip code 44072. This home sits on a 11.00 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $598,000.

Geauga County, OH housing market in November 2024 saw over 7 listings sold above listed price, more than 10 sold at listed price and over 37 sold below. The inventory of homes for sale in Geauga County, OH between October 2024 and November 2024 decreased by 11.9%. The median list price of listings available in November 2024 was $365,000, while the average time on the real estate market was 46 days.

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

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