Condominium at 12550 Lake Avenue, Lakewood
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$224,900

12550 Lake Avenue
Lakewood, OH 44107
Listed by Peter Spirollari · Century 21 Homestar
Bedrooms
2
Bathrooms
2
Living area
1,176 sqft
Year built
1974

About this home

Enjoy comfortable, low-maintenance living at The Meridian, ideally situated along Lakewood's desirable Gold Coast. Located on the 11th floor, this spacious 1,176-square-foot condominium offers two generously sized bedrooms, two full bathrooms, and a private balcony with a lovely side view of Lake Erie. The inviting living and dining areas provide plenty of space for everyday living and entertaining, while the generously sized bedrooms offer comfort and flexibility. A walk-in closet provides additional storage and convenience. This clean, well-maintained unit offers an excellent opportunity for buyers to bring their own decorating ideas and personal touches. A deeded parking space in the basement garage adds convenience and value. The Meridian offers an impressive array of amenities, including indoor and outdoor swimming pools, a party room, fitness room, and secure building access. Conveniently located near restaurants, shopping, and downtown Cleveland, residents can enjoy the best of Lakewood's Gold Coast while benefiting from a low-maintenance lifestyle. With its spacious floor plan, lake views, desirable amenities, and fantastic location, this condo presents a wonderful opportunity to make The Meridian your new home.

Highlights

Private pool

Property details

MLS
NOWDD
MLS #
5251989
Property type
Condominium
Subdivision
Meridian Condo
Status
Active
Days on market
1
On market date
October 8, 2026
Stories
1
Total bathrooms
2
Garage spaces
1
Parking spaces
N/A
Lot size
4.7027 acres
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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.

Elementary
Emerson Elementary School
0.39 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
340
Student:teacher ratio
15.5:1
District
Lakewood City
Middle
Garfield Middle School
0.5 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
464
Student:teacher ratio
15.0:1
District
Lakewood City
HighCharter
Lake Erie International High School
0.77 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
187
Student:teacher ratio
37.4:1
District
Lake Erie International High School

Walkability

Blended score for Lakewood'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).

74
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks11
Schools16
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Lakewood, from live MLS data.

On the market 1 days -- 35 fewer days than Lakewood's current average of 36 days.
For reference, the median list price across 191 active listings in Lakewood right now is $299,990.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,504/mo
$44,980 down
$179,920 loan
Principal & interest$1,167
Property tax (est.)$187
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 days 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.