3348 W Erie Avenue, Lorain, OH 44053

$1,300,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,132 Lot Size (sq. ft.): 63,598 Status: Closed
Current Price: $1,300,000 List Date: 8/14/2025 Last Modified: 9/12/2025

Overview

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.

Listing Details MLS# 225015446

Location Property Info

Property Sub Type
Single Family Residence
Original List Price
1500000
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

MLS Entry Date
2025-05-06

General Property Info

Total Baths
4
Baths F.H
3.1
Full Baths
3
Half Baths
Yes
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

Status Change Info

Under Contract Date
2025-08-18
Sold Date
2025-09-09
Sold Price/SqFt
415.07

More Information

Bedroom Level

Beds UP1
2
Beds Entry Level
2

Full Baths Level

Full Baths UP1
Yes
Full B Entry Level
Yes
Full Baths Down1
Yes

Half Baths Level

Half B Entry Level
Yes

Eating Space Level

Eating S Entry Level
Yes
Eating Space Down1
Yes

Great Room Level

Great R Entry Level
Yes

Rec Room Level

Rec Room Down1
Yes

Utility Space Level

Utility Entry Level
Yes
Utility Down1
Yes

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
No

Location & Property Info

List Price/SqFt
443.81
Mid/High Rise
No
City (Mailing Addr)
Lorain
Corp LimitPerAuditor
Lorain
New Construction
No

Remarks & Misc

Property 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.

Addl Acceptance Cond

None Known
Yes

Levels

Two
Yes

Architectural Style

Modern
Yes

Common Walls

No Common Walls
Yes

Parking Features

Attached Garage
Yes
Side Load
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Basement Description

Egress Window(s)
Yes
Full
Yes

Foundation

Poured
Yes

Lot Characteristics

Lake Front
Yes
Sloped
Yes
Water View
Yes
Waterfront
Yes

Rooms

1st Flr Primary Suite
Yes
1st Flr Laundry
Yes
LL Laundry
Yes
3-Season Room
Yes
Bonus Room
Yes
Eat Space/Kit
Yes
Great Room
Yes
Rec Rm/Bsmt
Yes

Alternate Uses

Bed & Breakfast
Yes
Business Op
Yes

Heating

Forced Air
Yes
Gas
Yes

New Financing

Conventional
Yes

Air Conditioning

Central Air
Yes
Wall Unit(s)
Yes

Windows

Insulated All
Yes

Interior Flooring

Carpet
Yes
Vinyl
Yes

Interior Amenities

Dishwasher
Yes
Electric Dryer Hookup
Yes
Gas Range
Yes
Hot Tub
Yes
Microwave
Yes
Refrigerator
Yes
Security System
Yes

Pool Features

In Ground
Yes

Patio and Porch Features

Deck
Yes
Patio
Yes

Other Structures

Outbuilding
Yes

Fencing

Fenced
Yes

Exterior

Vinyl Siding
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Printing Services

No Printing Services
Yes

Leased Items Y/N

Leased Items
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: September - 12 - 2025
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