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$500,000

8986 Fairmount Rd Novelty, OH 44072

11.0 acres
Land

Property details

About 8986 Fairmount Rd

Ready to build. Driveway is in and utilities are available. Freshly graded and seeded. 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 five-stall horse barn with good roof. To the rear, the forested property slopes 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. This buildable lot presents an excellent opportunity to create a distinguished residence amidst the rolling woodlands of Northeast Ohio's rural countryside.

Highlights

Home typeResidential
StatusActive
Lot size11.04 Acres
ParkingDriveway
MLS #5123659
ViewRural

Summary

  • Attached Garage: No
  • Parking: Driveway
  • View: Rural
  • List Price: $500,000
  • Annual Tax Amount: $790
  • Tax Year: 2023
  • Lot: Agricultural, Sloped Down, Farm, Pasture, Secluded, Wooded, Rolling/Hilly
  • Directions: From Chesterland, south on 306, then left on Fairmount Road. Property is on the left.
  • Lot Size: 11.04 Acres
  • MLS Number: 5123659
  • MLS Name: NOWDD
  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (216) 310-2138
  • Office Email: jeff@petersonpropertiesohio.com
  • Listing Agent: Jeffrey Peterson

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: 7/24/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$67,450$790
2022$52,150$543
2021$52,150$543
2020$52,150$596
2019$51,100$624
2018$51,100$630
2017$55,270$858

History based on county public records data.

Nearby schools

9

Robert C. Lindsey Elementary School

Public District 3-5

4.4 mi

11844 Caves Rd

8

Gates Mills Elementary School

Public District KG-5

4.7 mi

7639 Colvin Rd

10

Munson Elementary School

Public District KG-3

5.9 mi

12687 Bass Lake 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 $66,260. Typical income of Novelty, OH residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

23%
<35k
42%
35k-100k
22%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
6%
Single, with Kids
42%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
49%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 8986 Fairmount Rd

The listing price of 8986 Fairmount Rd property is $500,000.

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

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

The nearby schools for 8986 Fairmount Rd are: Robert C. Lindsey Elementary School (GreatSchools Rating 9/10), Gates Mills Elementary School (GreatSchools Rating 8/10), Munson Elementary School (GreatSchools Rating 10/10), West Geauga Middle School (GreatSchools Rating 9/10), Chagrin Falls Intermediate Elementary School (GreatSchools Rating 7/10), Chagrin Falls Middle School (GreatSchools Rating 8/10), West Geauga High School (GreatSchools Rating 9/10), Chagrin Falls High School (GreatSchools Rating 9/10), Mayfield Middle School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $790 (source: MLS/based on county public records data).

The property 8986 Fairmount Rd is 11.04 acres.

The sq. ft. of 8986 Fairmount Rd is not available (source: MLS/tax record).

This home is located at 8986 Fairmount Rd in Novelty, OH and zip code 44072. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $500,000.

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

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