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Lot/land
  • $425,000

    8986 Fairmount Rd, Novelty, OH 44072

    --beds
    0baths
    11.04Acres
    Unimproved Land
    Built in ----
    11.04 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rolling woodlandsFormer horse propertyFive-stall horse barnHalf a mile northwardRural tranquility
    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.
    234 days
    |
    671
    |
    33
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 30, 2025 at 09:31am

    Listing Provided by:

    Jeffrey Peterson jeff@petersonpropertiesohio.com216-310-2138,

    Berkshire Hathaway HomeServices Stouffer Realty

    Source: MLS Now,MLS#: 5123659MLS LogoOriginating MLS: Medina County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Video & virtual tour

    Property

    Parking
    • Parking features: Driveway
    Features
    • Fencing: Wood
    • Has view: Yes
    • View description: Rural
    Lot
    • Size: 11.04 Acres
    • Features: Agricultural, Sloped Down, Farm, Horse Property, Pasture, Secluded, Wooded, Rolling Slope
    • Topography: Rolling,Sloping
    Details
    • Additional structures: Stable(s)
    • Parcel number: 26074500
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Stable(s)

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Novelty

    Financial & listing details

    • Tax assessed value: $193,110
    • Annual tax amount: $867
    • Date on market: 5/17/2025
    • Cumulative days on market: 235 days
    • Listing terms: Cash,Conventional,USDA Loan

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    9/11/2025Price change$425,000-5.6%
    Source: MLS Now #5123659 Report a problem
    8/27/2025Price change$450,000-5.3%
    Source: MLS Now #5123659 Report a problem
    8/8/2025Price change$475,000-5%
    Source: MLS Now #5123659 Report a problem
    7/17/2025Price change$500,000-9.1%
    Source: MLS Now #5123659 Report a problem
    6/10/2025Price change$550,000-8%
    Source: MLS Now #5123659 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$868 +9.8%$67,590 +0.2%
    2023$790 +44.5%$67,450 +29.3%
    2022$547 +0.6%$52,150

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 44072

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: West Geauga LSD - 2807

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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