Browse All Lakewood OH Above $1M Properties for Sale

Rare Lakewood Investment Opportunity! This exceptional multifamily offering features two fully occupied quadruplex buildings on a single parcel, providing investors with immediate cash flow in one of Northeast Ohio’s most sought-after rental markets. Currently operating at 100% occupancy, the property generates an impressive $8,655 per month in gross rental income. In addition to the eight residential units, the property includes a separate 4-car garage building with a substantial unfinished space above, presenting a compelling value-add opportunity. With the appropriate approvals, this expansive area offers the potential to create an additional 2-3 bedroom unit, allowing investors to further increase rental income and maximize returns. Located in highly desirable Lakewood, tenants enjoy convenient access to shopping, dining, entertainment, schools, parks, and downtown Cleveland. Opportunities to acquire a stabilized, income producing asset with built in upside potential in this market are increasingly rare. Whether you’re looking to expand your portfolio with a strong-performing asset or unlock additional value through adding a unit and increasing rents, this property offers the ideal combination of stable cash flow, prime location, and significant upside potential.

1497 Coutant Avenue, Lakewood

$1,199,900

5225940 MLS

WOW! You do NOT want to miss your chance to add this property to your portfolio. Situated in a coveted and centrally located Lakewood neighborhood, this one will NOT last long. This 11-unit apartment building is fully occupied and truly turn-key. The majority of the units have been updated in the last 4 years including but not limited to paint, flooring, cabinets, appliances, and more! All units are 1 bedroom/1 bathroom and in pristine condition. Call today to schedule your private tour of this can’t miss property before it’s too late!

1419 Roycroft Avenue, Lakewood

$1,041,000

3 Beds ⋅ 2 Baths ⋅ 5188084 MLS

Enjoy one floor effortless lakefront living on a private street in the heart of Lakewood. This stunning craftsman blends timeless architectural character with breathtaking Lake Erie views--offering spectacular sunsets and skyline views!! Enjoy an unmatched sense of serenity. The expansive living room frames the lake as living art, creating a dramatic yet calming backdrop for everyday living and entertaining. V The chef's kitchen features period-style cabinetry, a bold designer backsplash, and professional-grade stainless steel appliances. A formal dining room with custom wainscoting adds refined elegance perfect for hosting family dinners or larger gatherings. Vintage design still works well with versatile living spaces. The main level offers a lakeview primary bedroom with spacious closets, a secondary bedroom, and a beautifully updated full bath. The finished walk-out lower level expands the homes' livability with a third bedroom, full bath, and an exceptional media and entertaining space--Complete with movie projector and oversized screen. A LOCATION THAT ELEVATES YOUR LIFESTYLE. Just six minutes to Downtown Cleveland, with easy access to acclaimed dining, art's districts, and cultural attractions. A rare opportunity to enjoy private Lake Erie front living in one of Northeast Ohio's most vibrant communities! 4th of July Fireworks included

1033 Summit Avenue, Lakewood

$3,100,000

4 Beds ⋅ 5 Baths ⋅ 5185204 MLS

Set along the shores of Lake Erie, this exceptional residence offers a rare blend of historic character and modern luxury, delivering a lifestyle unlike anything else in Northeast Ohio. Thoughtfully transformed with no expense spared, the home seamlessly merges classic architecture with today’s highest standards of design, comfort, and functionality. Timeless curb appeal is enhanced by refined modern updates that honor the integrity of the original structure while elevating it for contemporary living. Inside, the layout was completely reimagined to create outstanding flow and livability, ideal for both everyday living and grand entertaining. Walls of windows and carefully positioned living spaces capture breathtaking, year-round views of Lake Erie, making the lake a defining element of daily life—from vibrant summer sunsets to dramatic winter scenes. The 2023 renovation includes high-end finishes, custom craftsmanship, and premium materials throughout, along with a new roof, HVAC systems, and electrical, making this a truly turnkey home. Modern amenities are thoughtfully integrated with preserved architectural details, creating a space that feels sophisticated yet warm and inviting. Located in the heart of Lakewood, this home provides access to one of Northeast Ohio’s most vibrant lakefront communities, known for its walkability, dining, and cultural charm—paired with the rare privilege of direct lake living. Completed by Mancuso Homes, this statement property reflects pride of ownership, thoughtful vision, and uncompromising execution. Homes of this caliber, location, and design rarely come to market, making this a truly special opportunity.

17788 Edgewater Drive, Lakewood

$1,115,236

6 Beds ⋅ 6 Baths ⋅ 5171529 MLS

First Time On The Market Since 1987! This Brick Beauty Has It All! Spacious Eat-In Kitchen With Granite Countertops, Breakfast Bar, Subzero Fridge, & An Amazing Butler's Pantry! Formal Living Room & Family Room, Both With Fireplaces! The Formal Dining Room Provides Direct Access To the Private Rear Deck & Meticulously Maintained Yard! The Second Floor Offers 3 Generously Sized Bedrooms & A True Owner's Suite, With Fireplace! Beautifully Updated "Jack & Jill" Bath! The Guest Suite Includes An Updated Full Bath, Cedar Closet, & Balcony Overlooking The Year Yard! The Stunning Library Leads To The Third Floor Loft With 2 Additional Rooms & A Full Bath! There Is Plenty Of Storage With Two 2-Car Garages, Both Attached! So Many Updates Over The Years......Vermont Slate Roof, Copper Gutters, Boiler, Pella Windows, Waterproofed Basement, Updated Baths, & More! Located In The Overlook Park Neighborhood-- Just A Short Distance To Lakewood Park, Edgewater Park, Downtown, & More! Call Today For Your Private Tour!!

13410 Lake Avenue, Lakewood

$2,650,000

3 Beds ⋅ 5 Baths ⋅ 5107541 MLS

Welcome to 1015 Nicholson offering the epitome of lavish lakefront living and magnificent views over the lake to the Cleveland city skyline in a truly remarkable residence completed by Payne & Payne Builders in 2017. This showplace exudes unmatched luxury and quality at every turn, evident from the moment you enter this superbly crafted masterpiece. Double doors welcome you into the spacious foyer with dark hardwood floors that continue throughout the main floor. The foyer is flanked by a stunning staircase and leaded glass doors leading to the private office/library. As the incredible lake views beckon, you are drawn into the Great Room encompassing the living, dining and kitchen areas of the home. The open-concept living space is complete with custom woodwork, a fireplace and floor-to-ceiling windows, and highlights a gourmet kitchen complete with professional grade appliances, crisp white cabinets, a sizeable center island and marble counters. A separate refreshment center is adjacent to the dining area. A convenient mudroom, laundry room and guest bath complete the main floor. As you ascend the grand staircase, a spacious landing leads to the primary suite, two additional bedrooms and a bonus room-which can be easily made into a 4th bedroom by adding a closet. Again, the primary suite takes maximum advantage of the views, and includes a private balcony, a spa-like bath with double vanities, soaking tub with views, custom shower and private water closet, and a designer closet that will be the envy of everyone you know. The spacious secondary bedrooms each feature an en-suite bath. As you would expect, the outdoor living spaces take maximum advantage of the spectacular setting with a covered porch, stone fireplace and outdoor kitchen along with plenty of lawn to enjoy your outdoor activities. A series of steps and landings lead you all the way to the water’s edge where this dream lifestyle continues. Act now to make your lakefront living dreams come true!

1015 Nicholson Avenue, Lakewood

$3,150,000

7 Beds ⋅ 8 Baths ⋅ 5102190 MLS

Welcome to an extraordinary lakefront estate in Lakewood’s prestigious Clifton Park. Built in 1923 and fully renovated, this iconic home blends historic charm with modern sophistication. Boasting 7 bedrooms, 6 full and 2 half baths, nearly 6,000 sq. ft. of main living space plus a 2,200 sq. ft. finished basement and a 3-car garage on 0.73 scenic acres, every detail exudes luxury. Step inside to a formal dining room with a cozy gas fireplace, an elegant living room with French doors leading to a covered patio. The gourmet kitchen is a chef’s dream, new High-end appliances, a 12’ marble island with counter-height seating and custom cabinetry. A well-appointed mudroom, exercise room with full bath, and a stylish powder room complete the first level. Upstairs, the primary suite offers a custom high end closet, a spa-like bath with a hydro tub and 4-head marble shower, plus a private 24’x16’ Trex patio with breathtaking lake views. Additional bedrooms include a sunlit room with a picture window and private bath, as well as guest spaces with elegant Jack-and-Jill baths. The third floor provides extra flexibility with additional bedrooms and ample storage. The fully finished basement features a media room for home theater experiences, a kids’ playroom, a spacious laundry area with a chute, generous storage—including potential for a wine cellar—and a dedicated boiler room. Outdoors, enjoy a covered patio with a wood-burning fireplace and retractable screens, a new 20x40 saltwater pool with heating, a WiFi-controlled 6-person jacuzzi, and professionally landscaped grounds offering privacy and serene lake views. Exclusive Clifton Beach access and community amenities such as tennis, pickleball, and more complete this rare waterfront retreat. With numerous upgrades including a modernized kitchen, a 2-story expansion with full basement, new HVAC systems, hardwood floors, upgraded landscaping, and a custom outdoor entertaining area, this estate is waterfront luxury at its finest.

17810 Lake Road, Lakewood

$2,000,000

5089700 MLS

*10 SINGLE FAMILY HOMES AND 4 DOUBLES* Totaling 18 Doors. No Efficiencies & No 1 Bedrooms! This Incredible Opportunity is at an Attractive Cap Rate Already AND Rents are Under Market, so Grab this Opportunity to Boost Income without Investing more Money! Truly an Above Average Overall Condition as Seen by Photos. This SOLID Portfolio of Homes has Professional Management in Place and RENTS FLOWING IN! All Properties are in Excellent Locations which Offer Safety for Tenants and for the Investment, which Boasts Appreciation + Cash Flow! Locations Include LAKEWOOD (44107), PARMA (44129 and 44134), PARMA HEIGHTS (44130) and CLEVELAND'S OLD BROOKLYN NEIGHBORHOOD (44109)! Addresses are as Follows: 1578-1580 Mars Ave - Lakewood | 3111 Maplecrest Ave - Parma | 7923 Lanyard Ave - Parma | 7612 Deerfield Dr - Parma | 4804-4806 Pershing Ave - Parma | 6403 Theota Ave - Parma | 5514 Haverhill Ave - Parma | 5254 W 83rd St - Parma | 6876 Beresford Ave - Parma Hts | 5802 Northcliff Ave - Cleveland | 5013 Vandalia Ave - Cleveland | 3911 Archmere Ave - Cleveland | 4006 Archmere Ave - Cleveland Rent Roll / Financials / Additional Photos and Property Specifics are Available for Serious and Qualified Interest!

1580 Mars Avenue, Lakewood

$3,295,000

3 Beds ⋅ 3 Baths ⋅ 5081053 MLS

Perched elegantly in Cleveland’s coveted Clifton Lagoons, 830 Beach Road is a landmark residence of storied elegance and architectural sophistication, its commanding presence matched only by the unobstructed views of Lake Erie. This extraordinary home, steeped in history as it evolved from a boathouse to a celebrated private residence, has played host to some of the most illustrious figures in American culture. The meticulous renovation by the current owner imbues the residence with refined grandeur, beginning with an exterior of hand-hewn stonework reminiscent of New York City brownstones, leading gracefully to the original hardwood door that opens to a world of timeless beauty. Inside, the first floor flows seamlessly, designed with an open-concept ethos that balances sophistication and warmth—from the welcoming sitting room to the spacious dining area, chef’s kitchen, and light-filled living space framed by walls of windows that reveal the lagoon and views of the water. The second floor unfolds with serene, light-drenched spaces, including a guest room with hall bath and a luminous office offering panoramic water views, all culminating in an owner’s suite that has refined finishes, wood burning fireplace and sweeping lake vistas. Crowned by a third-floor penthouse style sun room, the residence reaches its apex with a sanctuary of wraparound windows and a rooftop deck that provides a 360-degree panorama of Lake Erie. Entertain or simply relax, enjoying nonstop boat and sailboat activity as a backdrop. Take full advantage of the lake with a direct boat slip next to the home! Included is a separate, buildable parcel and second boat slip. 830 Beach Road is more than a residence; it is a distinguished piece of Cleveland’s history, masterfully renewed, and poised to offer an unmatched lifestyle on the lake’s edge.

830 Beach Road, Lakewood

$1,350,000

5045452 MLS

Fully renovated, 20-unit apartment building in Lakewood! Completely updated top to bottom, including brand new flat roof, all new mechanicals (HVAC, boiler, hot water tanks, A/C units), restored parking lot w/ new lines, professional landscaping, new vinyl windows, new commercial doors, new common area furniture, new LVP throughout, fresh paint, new fixtures, full electrical upgrade and all units fully updated as well! 19 units occupied, 1 vacant unit. Professional property management in place and willing to stay on! Incredible investment opportunity!

1352 Clarence Avenue, Lakewood

$1,750,000

5033651 MLS

2275 Warren Road, Lakewood

$800,000

2 Beds ⋅ 3 Baths ⋅ 5023685 MLS

CLIFTON LAGOONS. A very rare & special property in a very special location. Double lot - one of the only built on land (not water) and your boat just outside your door! This artist’s home is filled with unexpected and delightful “quirks.” A study in casual Lake Erie living. Spectacular light. Amazing sunsets. The 1st floor is currently the artist's studio. Huge open spaces. Large enough for everything you want to so AND the baby grand piano. Hard surface flooring throughout the 1st floor. This entry level walks out to an expansive rear deck and leads to the 80'x18' boathouse. The boathouse boasts extreme ceiling heights offering an opportunity for expanding the living space. There is also a bedroom and full bath on the 1st floor. The 2nd floor features a great room with vaulted ceilings and an open floor plan. A true "cook's" upgraded kitchen is open to the living and dining areas and a cozy desk area that opens to the 2nd floor balcony/upper deck spanning the entire front of the home and overlooking the river. Down the hall is a powder room. (All baths and kitchen have been redone by the current owners.) Gorgeous hardwood floors are throughout the 2nd floor. A private master wing (with 2 walk-ins, laundry, and stunning tiled master bath complete this level. The master also walks out to the upper deck/balcony. A spiral staircase leads up to a finished 3rd floor office. Skylights provide exceptional light. Sliders lead to the sensational rear upper deck with outstanding views of the yacht club, river, and Lake Erie. Clifton Beach offers tennis courts, playground, and beachfront clubhouse. Clifton Beach is open to members only. There is a guard house at the entry to the beach area and ID is required. (The elegant Clifton Club sits atop the hill leading to the property.) Such a rare offering!

Lakewood

$1,400,000

4448971 MLS

Introducing a prime investment opportunity in the heart of Lakewood, Ohio – Nestled in one of Lakewood's most sought-after neighborhoods, this property combines modern comforts with timeless charm. The property's strategic location is a standout feature, as it provides easy access to Lakewood's vibrant downtown area, renowned for its eclectic dining, shopping, and entertainment options. Additionally, proximity to Lake Erie ensures year-round recreational activities and scenic views for residents. Investors will appreciate the consistent rental income potential of this apartment building, as well as the opportunity for value appreciation in this thriving community. This property is a promising addition to any real estate portfolio. Ideal opportunity for both seasoned investors and those looking to embark on their real estate journey. All Brick 12 unit apartment building with a storefront. The building has (10) 2 bedroom units, (1) 1 bedroom unit and (1) 4 bedroom unit. Current Rent is approximately $170.000 annual. The building has a new boiler system installed within the last 12 months, freshly painted hallways, , soffits and windows, along with a new resurfaced parking lot. Several units have been updated and all are in good condition. Upgraded main power source. There is a long term lease with the business on the first floor. Please do not walk on property without prior permission and do not speak with any occupants or tenants.

15605 Madison Avenue, Lakewood

$1,200,000

4 Beds ⋅ 4 Baths ⋅ 4441862 MLS

Did you ever dream of lakefront living? Look no further. Beautifully updated house with walk out basement on the lake that has aprx 3600 sqft of living space.. The first floor features a bedroom with an in suite full bathroom, large living room and dining room and a large open concept high end gorgeous kitchen, hard wood floors throughout and lots of windows for sunlight. On the second floor you have a Master Suite with a walk in closet and full bathroom, second floor laundry closet, and 2 additional bedrooms which share a beautiful full bathroom. The walkout basement has a beautiful entertaining kitchen, a full bathroom and a large living area which has a walkout to back yard. Outside you have a large backyard on the lake! Sit and relax to the sound of the waives while....having a BBQ on the large backyard patio. This home can truly fit the vision of your dreams. Come take a look.

1048 Kirtland Lane, Lakewood

$1,290,000

4502851 MLS

LAKEWOOD BAPTIST CHURCH has been a long standing community church with a rich history, serving the needs of Lakewood since 1922. The facility boasts over 29,000 sqft set on .80 acres in heart of desirable Downtown Lakewood, south side of Detroit Avenue between Lincoln Avenue and Olivewood Avenue. Original Structure of Church built in 1922 includes large chapel that can accommodate approximately 250-300, several offices, community/meeting rooms. All the character you expect from a 1920's property - custom stained glass, woodwork, hdwd floors, churgh organ, second floor balcony. Addition in 1950's added to back of Church was a former School & Day Care for many years - includes classrooms, storage rooms, office(s) & restroom. Annex added approximately 1970 and is connected to east side of Church with a courtyard/playground between two buildings - currently leased to an independent day care. Basement (former Church gym) is on MTM lease w/ fitness business - total 4 restrooms overall, approximately 38 parking spaces & small garage on property. The City of Lakewood is an inner-ring suburb that is located on Cleveland's western border & Lake Erie - Population of over 50,000 known for it's walkability, award winning restaurants, breweries, shops, arts and culture. Close proximity to Downtown Cleveland & Airport. Additional information available upon request. Private tours only - BE RESPECTFUL & DO NOT walk property or approach congregation, staff and tenants.

14321 Detroit Avenue, Lakewood

Start Your Search

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.

Above $1 Million Lakewood Real Estate

Our website features the best real estate search for above $1 million properties available in Lakewood and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!