$279,900
About this home
Prime Waterfront Investment Opportunity on Lake Erie! Welcome to Unit #25 at Cabins on the Lake (5919 Lake Rd W, Ashtabula, OH)—a brand-new 2026 construction, 2-story log-style cabin offering 3 bedrooms, 2 full bathrooms, and 1,364 sq. ft. of pristine, open-concept living space. Delivered completely unfurnished, this cabin offers the ultimate blank canvas for an investor or owner-operator to design, style, and curate a high-performing short-term rental (STR) setup tailored for maximum nightly rates on Airbnb and Vrbo. Whether you are looking to build out a luxury vacation escape, a themed lakeside retreat, or a turnkey cash-flowing asset, Unit #25 provides unmatched flexibility. Unmatched Location & Low-Maintenance Ownership: Nestled right along the shores of Lake Erie, this complex is designed for hassle-free ownership. The low $200/month HOA fee ($2,400/year) covers all exterior building maintenance, professional lawn and grounds care, winter snow removal for driveways and common walkways, on-site trash service, and shared lake access points. Outdoor hot tubs are permitted on individual unit lots with board approval, giving you a proven amenity option to boost year-round occupancy and revenue. Flexible Portfolio & Seller Financing Terms: Unit #25 carries its own individual condominium deed, giving you full independence, individual resale capability, and future portfolio flexibility. Short-term rentals are fully permitted under the condo declaration with no caps or operational restrictions. To help facilitate a seamless transaction, attractive seller financing is available with a minimum 20% down payment on a recorded 1st position mortgage. Don't miss out on securing a brand-new, high-yield waterfront STR asset in Ashtabula's growing vacation corridor! Schedule your showing today.
Highlights
Property details
- MLS
- NOWDD
- MLS #
- 5256496
- Property type
- Condominium
- Subdivision
- N/A
- Status
- Active
- Days on market
- 34
- On market date
- September 23, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 396
- Student:teacher ratio
- 15.2:1
- District
- Ashtabula Area City
- Enrollment
- 488
- Student:teacher ratio
- 23.2:1
- District
- Ashtabula Area City
- Enrollment
- 822
- Student:teacher ratio
- 19.6:1
- District
- Ashtabula Area City
Walkability
Blended score for Ashtabula's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Ashtabula, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 18 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.