More Information
Opening Nominal Bid - $100,000
Opportunity awaits on this expansive 32.69 +/- acre estate in Middlefield Township, offers the perfect blend of luxury living, rural charm and income potential harmoniously blend into one extraordinary property. With 7,080 total square feet of thoughtfully designed living space in the main house, including a spacious in-law suite, this multi-functional residence is nestled among quiet environment and framed by three scenic, fish-stocked ponds that create a serene backdrop for everyday life. Whether you're seeking a multi-generational homestead, a private retreat, or a property with built-in income, this one checks every box.
The main home
is impressive in both scale and design, offering 3 generously sized bedrooms
and 3 full bathrooms. The heart of the home is the large, eat-in kitchen,
designed for both everyday function and effortless entertaining. Step up in the
great room that boasts a soaring vaulted ceiling and expansive windows that
flood the space with natural light while offering tranquil views of the
surrounding landscape. Adjacent is a dining room that features rich hardwood
flooring and a cozy fireplace, creating a warm and inviting atmosphere that
could easily serve as an additional living room. A welcoming front porch with
composite decking invites you to unwind outdoors, while the back deck provides
panoramic views of the scenic backyard.
The finished walkout basement further extends the home’s living area with a full kitchen, fireplace, and an oversized recreation room ideal for gatherings, hobbies, or extended stays. This level also provides access to a three-plus car garage and a unique greenhouse space, perfect for year-round gardening.
A fully appointed in-law suite with separate entrance offers a private, comfortable haven with 2 bedrooms, 1 full bathroom, a large eat-in kitchen with both a living room and family room. A private deck off the family room enhances the suite’s appeal. Both the main home and the in-law suite are equipped with separate forced-air heating and central air-conditioning units for optimal climate control. The property is further supported by natural gas service, a commercial-grade septic system, and three wells.
Income
potential abounds with 12 individual studio-style rental units, currently
generating $4,500 per month. Whether you're a savvy investor or simply seeking
supplemental income, this turnkey rental setup adds tremendous value to the
property.
Outbuildings enhance the estate’s versatility. An oversized two-car detached garage provides ample space for additional vehicles or equipment. The 64’ x 32’ pole barn features four stalls and outdoor fenced-in runs, making it ideal for horses, livestock, or other animal care. A charming 12’ x 12’ shed, 68’ x 18’ unfinished greenhouse, a smaller barn, and an 100’ x 40’ building near the front pond entrance with built in grilling area that is ideal for storage or large gatherings.
Lot Size: 32.69 +/- acres
Annual Taxes: $ 10,642.50
Property Map
LEAD AUCTIONEER
Scott Mihalic
DIRECTIONS: Turn East off of State Route 528 (Madison Road) on Adams Road. Turn Left off Adams Road onto Bridge Road. Property is right after Geauga Park Highland Bike Trail
Basic Terms:
Property is selling "AS IS WHERE IS" without any warranties expressed or implied. No contingencies for financing, inspections or otherwise. The buyer must have a nonrefundable check made payable to Ohio Real Estate Auctions for $10,000 the day of the auction. Buyer responsible for all closing cost, six months accrued taxes and survey (if needed). All inspections must be done prior to Auction. A 10% Buyers Premium will be in effect to constitute the final selling price. Buyer to close on or before Monday November 3,, 2025. Subject to sellers’ confirmation. All information deemed reliable.
Deposit and Closing:
Buyer to close on or before Monday October 6, 2025.
Realtor Participation:
Agent showings and cooperation are encouraged. For full compensation instructions please call Scott Mihalic @ 440-796-4739