5919 Lake RD W #25 Ashtabula, OH 44004
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,364 sqft
Price per Sqft $205
MLS Listing ID 5256496
Style Cabin
Bedrooms 3
Full Baths 2
Construction Status New Construction
HOA Fees $204/mo
HOA Y/N Yes
Abv Grd Liv Area 1,364
Year Built 2026
Annual Tax Amount $2,025
Tax Year 2025
Property Sub-Type Condominium
Stories Two
Story Two
Property Description
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.
Location
State OH
County Ashtabula
Community Common Grounds/Area, Lake, Park, Street Lights
Direction West
Rooms
Basement None
Main Level Bedrooms 1
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Granite Counters, Primary Downstairs, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Forced Air, Gas
Cooling Central Air, Electric
Furnishings Unfurnished
Fireplace No
Window Features Double Pane Windows,Screens
Appliance Dishwasher, Microwave, Range, Refrigerator
Laundry Laundry Room, In Unit
Exterior
Parking Features Assigned, Driveway
Carport Spaces 2
Fence None
Pool None
Community Features Common Grounds/Area, Lake, Park, Street Lights
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces West
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Cabin
Level or Stories Two
New Construction Yes
Construction Status New Construction
Schools
School District Ashtabula Area Csd - 401
Others
HOA Name Cabins On The Lake Condominium Association
HOA Fee Include Association Management,Maintenance Grounds,Snow Removal,Trash
Tax ID 48-017-11-018-25
Acceptable Financing Cash, Conventional, Owner Will Carry, Owner May Carry
Listing Terms Cash, Conventional, Owner Will Carry, Owner May Carry
Pets Allowed Yes
NEARBY SCHOOL & BUSINESS
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