$334,900

12550 Lake Ave Unit 505 Lakewood, OH 44107

$3,977
Closing credit¹
3 beds
2 full
1,512 sqft
4.7 acres
$221 / sqft
Condo

Property details

About 12550 Lake Ave Unit 505

Leap into Luxury Living at the exquisite Meridian of Lakewood. This nearly 1600 sqft Lakewood condo boasts 3 bedrooms and 2 full bathrooms, and overlooks Lake Erie. Every inch of this unit is UPDATED. Every light fixture, both bathrooms, the entire kitchen, flooring, every outlet.. it's all NEW NEW NEW, and done with the highest level of craftsmanship. Grand foyer welcomes you, into the building which is always staffed, hallways and exteriors are also newly updated.. the unit offers a spacious foyer, large open concept living and dining room with gas (free/included) fireplace, walls of windows and a stunning bar area for entertaining, all open to your large bright updated kitchen. Tons of fine cabinetry! Ample closets and storage throughout! Plush carpeting in the hall and bedrooms. The wall between the first two bedrooms is removable, should you wish. LED lighting with fans, and fantastic windows for the stunning views! TWO parking garage spaces and the building also includes Swimming Pool, Hot tub, Full Gym, and many utilities included, with fabulous outdoor areas to enjoy. Double balconies, with an outdoor "shed" walk-in closet to boot. The seller has lovingly invested into this unit and taken it truly over the top! We invite you to schedule a showing today, you'll love experiencing this elegant condo opportunity and feel right at home.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,512 sqft
BasementYes
Lot size4.7 Acres
Year built1974
ParkingAttached, Underground, Garage, Indoor
MLS #5088866
Attached garage2 spaces
WaterfrontLake Front, Waterfront
FireplaceGas
ViewLake
Private poolYes

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Interior: Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Eat-in Kitchen, Bar, Walk-In Closet(s)
  • Fireplace: Gas
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Attached, Underground, Garage, Indoor
  • Waterfront: Lake Front, Waterfront
  • View: Lake
  • Exterior: Private Entrance
  • Architectural Style: High Rise, Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $334,900
  • Price/SqFt: $221
  • HOA Amount: $1,264
  • HOA Frequency: Monthly
  • Lot: Waterfront
  • Directions: North off of Lake Rd.
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,512 SqFt
  • Lot Size: 4.7 Acres
  • MLS Number: 5088866
  • MLS Name: NOWDD
  • Office Name: RE/MAX Crossroads Properties
  • Office Phone: (216) 389-5389
  • Office Email: annasellscleveland@gmail.com
  • Listing Agent: Anna Lee Rindskopf

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: 5/2/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$334,900

12550 Lake Ave Unit 505

$3,977

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Emerson Elementary School

Public District PK-5

0.4 mi

13439 Clifton Blvd

7

Harrison Elementary School

Public District PK-5

1.1 mi

2080 Quail St

5

Louisa May Alcott Elementary School

Public District KG-5

1.2 mi

10308 Baltic Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,082. The majority of Lakewood, OH residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
42%
35k-100k
33%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • TennisTennis

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12550 Lake Ave Unit 505

The listing price of 12550 Lake Ave Unit 505 property is $334,900.

The property 12550 Lake Ave Unit 505 is a condo located in Lakewood, Ohio, 44107.

Active Listing: 12550 Lake Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12550 Lake Ave Unit 505 are: Emerson Elementary School (GreatSchools Rating 6/10), Harrison Elementary School (GreatSchools Rating 7/10), Louisa May Alcott Elementary School (GreatSchools Rating 5/10), Garfield Middle School (GreatSchools Rating 6/10), Hope Academy Northwest Campus (GreatSchools Rating 6/10), Marion C. Seltzer PreK-8 School (GreatSchools Rating 4/10), Lake Erie International High School (GreatSchools Rating 2/10), Lakewood High School (GreatSchools Rating 6/10), Max S. Hayes High School (GreatSchools Rating 2/10).

The property at 12550 Lake Ave Unit 505 has 3 bedrooms and 2 bathrooms.

The property 12550 Lake Ave Unit 505 is 1,512 SqFt (source: MLS/tax record).

The year of construction for 12550 Lake Ave Unit 505 is 1974.

This home is located at 12550 Lake Ave Unit 505 in Lakewood, OH and zip code 44107. This 1,512 square foot home, which was built in 1974, sits on a 4.70 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $334,900.

In April 2025 more than 19 listings in Lakewood, OH were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 17 were sold below. The number of homes for sale in Lakewood, OH increased by 6.9% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $315,333.

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

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