$339,900
About this home
Rare opportunity to own a Lake Erie waterfront property with strong Airbnb, VRBO, and seasonal rental potential in the heart of Ohio wine country. Located just minutes from Geneva-on-the-Lake, Ashtabula Harbor, local marinas, restaurants, and numerous wineries, this property is ideal as a vacation home, seasonal retreat, or income-producing investment. Return figures are estimates based on market data and assumed operating performance with projected annual gross income of up to $50,552 and a modeled hybrid cap rate of 11.5%. The home features 3 bedrooms, 2 full baths, and a flexible bunk room, comfortably sleeping up to 6 guests and up to 8 in a pinch. Large windows highlight the lake views from the great room, primary bedroom, deck, and backyard. Refurbished cottage-style hardwood floors upstairs add a comfortable, homely feeling, while the layout is designed for easy lake living and entertaining. Enjoy a fully protected shoreline with direct waterfront access for swimming, kayaking, paddleboarding, and relaxing by the water. A road is currently being built directly to the shore for even easier lake access. The spacious lakefront patio provides plenty of room for outdoor seating, fire pits, and gatherings while enjoying sunsets and lake breezes. No HOA fees or rental restrictions offer maximum flexibility for short-term rentals and personal use. Offered furnished with appliances included, this move-in-ready property allows for immediate enjoyment or rental income potential. Parking for up to 3 vehicles. Direct Lake Erie waterfront properties priced under $500,000 are a rare find in today's market, making this an attractive opportunity for both investors and second-home buyers. Whether you're a local buyer, out-of-town investor, or seasonal “snow bird” owner, this Lake Erie property offers the waterfront lifestyle buyers continue to seek.
Highlights
Property details
- MLS #
- 5213559
- Property type
- SingleFamilyResidence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 76
- On market date
- May 29, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0574 acres
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.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 13, 2026.
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.