7265 Markell Road Waite Hill, OH 44094

$2,850,000.00 Closed
Residential - Single Family MLS 4498766 New to the Market
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6 beds 7 full baths 3 partial baths 12,516 sqft

Listed By

Agency Name: The Agency Cleveland Northcoast
Agency Phone: 216-415-7080

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Once in a lifetime opportunity to own a fairytale castle with your own, private ski slope! Situated on over 14 acres overlooking the Chagrin River Valley, this exceptional chalet provides the epitome of distinguished living in an unmatched natural setting. Originally designed by Tony Paskevich, this magnificent manse is an architectural triumph with astonishing details and over 12,000 square feet of living space. The property is complete with every possible amenity catering to every possible desire, from a two-lane professional bowling alley to a private ski slope wired for your own chair lift. Beautifully set back from the road by a gated drive, the front entrance is evocative of a romantic fairy tale. A cobblestone paved porte cochere and motor court wrap the property and provide multiple points of entry into the main residence. The front door beckons with stained glass accent windows and opens to the dramatic great room and kitchen. Two stone fireplaces and large windows frame both spaces. The entertaining wing includes a spectacular vaulted game room which opens to the two-lane bowling alley and lounge with a full kitchen. Step out to the multi-level stone terrace to enjoy multiple outdoor fireplaces, full court basketball court, or the exceptional serenity of the beautifully wooded setting. Six bedroom suites can be found on the second floor, including an exceptional ownerâ??s suite. The 5 car tiled garage is heated with custom 10â?? solid chestnut doors and a complete guest apartment upstairs. This estate is truly a trophy property for the most discerning buyer.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Crawl Space, Full, Unfinished
Cooling: Central Air
Days on Market: 952
Fireplaces: 8
Garage: 5 car attached
Heating: Forced Air, Gas, Zoned
Home Style: Tudor
Lot Size: 14.15 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $38,613 / year
Year Built: 1925

Feature Descriptions

Appliances: Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator
Exterior: Brick, Stone, Wood Siding
Fencing: Full
Lot: Pond on Lot, Wooded
Parcel#: 25-A-006-0-00-001-0
Parking: Attached, Garage, Garage Door Opener, Paved
Parking Notes: Attached, Garage, Garage Door Opener, Paved
Patio/Porch: Patio
Security: Smoke Detector(s)
Sewer: Septic Tank
View: Golf Course, Trees/Woods, Water
Water: Public

Local Schools

School District: Kirtland Local

Source: Delta Media Group, Inc.

Demographics

Lake County Demographic Information for
Fips
Fips Code 39085
Population
2020 to 2025 Change down 0.1%
2010 Count 230,041
2020 Count 232,603
2025 Estimate (V2025) 232,217
2020 Estimate (V2025) 232,521
Age Distribution (Years Old)
0 to 4 4.4%
5 to 17 18.7%
18 to 64 53.7%
65 and Older 23.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 5.4%
US 94.6%
Education
High School Graduate, Age 25+ 94.4%
Bachelor's Degree or Higher, Age 25+ 31.6%
Computer and Internet use
Households with a computer 95.5%
Households with a broadband Internet subscription 92.8%
Language
English is Second Language, Age 5+ 8.3%
English is First Language, Age 5+ 91.7%
Veterans
Veterans 13,389
Income
Per Capita Income $45,279
Median Household Income $80,925
People in Poverty 7.5%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 106,498
Households 101,144
Average Household Size 2.27
Owner-Occupied 75.8%
Multi-Family 19.7%
Owner-Occupied Median Value $214,100
Median selected monthly owner costs -with a mortgage $1,500
Median selected monthly owner costs -without a mortgage $635
Median gross rent $1,113
Building Permits
New Private Housing Issued 2024 428
Years at Residence
1 Year or More 89.7%
Less Than 1 Year 10.3%
Business and Employment
Private non-farm Establishments 5,504
Private non-farm Employment 87,115
Private non-farm Employment Growth down 0.5%
Nonemployer Establishments 17,947
Number of Firms 4,646
Business Production
Value of Shipments $6,531,471,000
Wholesale Trade $1,278,429,000
Retail Trade $3,755,526,000
Retail Sales Per Capita $15,267
Accommodation and Food Services $496,973,000
Land
Land Area 227.49 sq. miles
Population Per Square Mile 1,012

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 18,685.80 per month $14,636.80 Principal & Interest $3,217.75 Property Tax $831.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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