← Back to search

3348 W Erie Avenue, Lorain, OH 44053

$1,470,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,132 Lot Size (sq. ft.): 63,598 Status: Active
Current Price: $1,470,000 List Date: 5/06/2025 Last Modified: 6/10/2025

Description

Turnkey Investment Opportunity Erie Escape is one of Lake Erie's premier vacation homes, ideal for families or groups. With 5,092 sq. ft. of spacious living, this property offers both comfort and entertainment. Enjoy breathtaking sunsets from the lakeside patio, swim in the heated pool, or gather on the enclosed porch. The previous owners invested over $400,000 in backyard and shoreline protection, ensuring this is a premium lakefront property. Accommodations - Sleeps 16 Lower Level: Open-concept rec room with 1 King bed & 2 Twin beds (curtained for privacy), full bath with tub/shower, egress window Main Level: 2 King bedrooms, 1 full bath with walk-in shower, 1 half bath Upper Level: 2 King bedrooms + bonus room with 6 Twin beds, full bath with walk-in shower Features: Fully stocked kitchen with 3 ovens, 2 sinks, 2 refrigerators Spacious dining room for family meals Central A/C, gas heat 3 washers and 3 dryers Enclosed patio with 2 tables & wicker seating Smart TVs with Wi-Fi (internet provided) Complimentary Wi-Fi, towels, and linens Wheelchair accessible (main level) High chair & Pack 'n Play included No pets allowed Entertainment & Outdoor Amenities: 8 x 20 Swim spa / Hot tub in garage 16 x 32 inground pool with pool house Game room with pool table, ping pong, air hockey, dartboard 60-game arcade cocktail table Large gas grill & lakeside patio with sunset views Exterior security cameras (parking area only) Backup generator for power outages Turnkey Investment Opportunity: Generating $140,000+ annually, this operational short-term rental offers immediate income. The current manager is available to ensure a smooth transition and continued bookings. Note: Member of the selling entity is a licensed Real Estate agent in Ohio.

Supplements: ********

More Information MLS# 225015446

Location Property Info

Property Sub Type: Single Family Residence Original List Price: 1500000 List Price: $1,470,000 Street #: 3348 Street PreDirection: W Street Name: Erie Street Suffix: Avenue County: Lorain State: OH Zip Code: 44053 School District: LORAIN CSD 4709 LOR CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-05-06

General Property Info

Bedrooms: 4 Total Baths: 4 Baths F.H: 3.1 Full Baths: 3 Half Baths: 1 Built Prior to 1978: No Garage/EnclosdSpaces: 3 Year Built: 2013 SqFt Documented: 3132 Documented SqFt Source: Realist SqFt ATFLS: 5092 ATFLS Source: Seller Acreage: 1.46 Manufactured Housing Y/N: No HOA/COA Y/N: No Comm Dev Chrg: No

Tax Info

Parcel #: 02-02-019-101-006 Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 12119

Remarks Misc

Directions: Turn right onto US-20 E. Turn left onto Baumhart Rd. At the traffic circle, take the 2nd exit and stay on Baumhart Rd. Turn right onto W Erie Ave. Turn left

Bedroom Level

Beds UP1: 2 Beds Entry Level: 2

Full Baths Level

Full Baths UP1: 1 Full B Entry Level: 1 Full Baths Down1: 1

Half Baths Level

Half B Entry Level: 1

Eating Space Level

Eating S Entry Level: 1 Eating Space Down1: 1

Great Room Level

Great R Entry Level: 1

Rec Room Level

Rec Room Down1: 1

Utility Space Level

Utility Entry Level: 1 Utility Down1: 1

Basement

Basement Y/N: Yes

Accessory Dwelling Unit

Existing Accessory Dwelling Unit: No

Accessible Features

Accessible Features: No

Auction Info

Auction/Online Bidding Y/N: No

Green Features

Green Features Y/N - Form Required: No

Property Features

Levels: Two Architectural Style: Modern Common Walls: No Common Walls Addl Acceptance Cond: None Known Parking Features: Attached Garage; Side Load Basement Description: Egress Window(s); Full Foundation: Poured Exterior: Vinyl Siding Rooms: 1st Flr Primary Suite; 1st Flr Laundry; LL Laundry; 3-Season Room; Bonus Room; Eat Space/Kit; Great Room; Rec Rm/Bsmt Heating: Forced Air; Gas Air Conditioning: Central Air; Wall Unit(s) Windows: Insulated All Interior Flooring: Carpet; Vinyl Sewer: Public Sewer Water Source: Public Interior Amenities: Dishwasher; Electric Dryer Hookup; Gas Range; Hot Tub; Microwave; Refrigerator; Security System Pool Features: In Ground Patio and Porch Features: Deck; Patio Other Structures: Outbuilding Fencing: Fenced New Financing: Conventional Lot Characteristics: Lake Front; Sloped; Water View; Waterfront Alternate Uses: Bed & Breakfast; Business Op MLS Primary PhotoSrc: Realtor Provided Printing Services: No Printing Services
Listing Office: Rise Realty
Listing Agent: Rob Adams
Last Updated: June - 10 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.