Are you dreaming of living on a private retreat that is fully immersed in nature? Look no further than The Dream on Rheam, which features just over 2,500 square feet, tucked away on 5-wooded acres. The long driveway leading up to this one-of-a-kind cape cod will have you feeling as though you’re leaving the rest of the world behind. Upon entering, you’ll immediately notice the attention to detail that went into this home’s construction including the ornamental woodwork, stained glass window, solid wood doors, and so much more! The spacious foyer opens to a dramatic vaulted living and dining area, highlighted by a floor-to-ceiling stone fireplace, walls of windows, and access to the expansive deck overlooking the backyard. The kitchen was completely remodeled into a chef’s dream and now offers custom cabinets, quartz countertops, a large center island, and plenty of room to host. Finishing the main level, you’ll find a bedroom, full bathroom, laundry room, and half bathroom that add everyday convenience to the space. Upstairs, an open loft overlooks the living area and leads to an oversized bedroom and full bathroom. The finished lower level features a walkout and adds even more living space, a second fireplace, and the third bedroom and full bathroom. Plus you can heat the basement floors with your very own wood furnace! This property is truly incredible, but it doesn’t need to stay a dream. Make it come true by scheduling your showing today!
Single-familyProperty Type
1993Year Built
5.27 acresLot Size
$261Price/Sq.Ft.
2 car garageParking
Listed by Jason Lacourt• Keller Williams Legacy Group Realty
One of a kind. Interior designed masterpiece nestled on 5.5 wooded acres. Georgous decor with 1st floor master, new cherry kitchen and huge 1st floor laundry. Finished walkout lower level. Trail through woods complete with a fire pit. Multiple decks. A paradise you must see.
Public Records
Jul 16, 1997
Sold
$188,000
$98/sq ft
MLSNOW #9034143
Nov 20, 1996
Listed
$199,500
$104/sq ft
Public Records
May 21, 1992
Sold
$34,000
$18/sq ft
MLSNOW #9047718
Aug 29, 1991
Listing Removed
—
May 30, 1991
Listed
$49,900
$26/sq ft
MLSNOW #9049900
Jul 17, 1991
Listed
$49,900
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,039 (+2.5%)
$24,091 + $85,421
$109,512
2024
$4,918 (+1.6%)
$24,091 + $85,421
$109,512
2023
$4,842 (+21.5%)
$24,091 + $85,421
$109,512
2022
$3,986 (−0.2%)
$17,847 + $64,001
$81,848
2021
$3,996 (−0.3%)
$17,847 + $64,001
$81,848
2020
$4,007 (+11.4%)
$17,847 + $64,001
$81,848
2019
$3,598
$17,847 + $53,130
$70,977
2018
$3,596 (−2.1%)
$17,847 + $53,130
$70,977
2017
$3,672 (+11.9%)
$17,847 + $53,130
$70,977
2016
$3,281 (−5.8%)
$17,847 + $43,169
$61,016
2014
$3,482 (−7.2%)
$17,847 + $43,169
$61,016
2013
$3,750
$17,847 + $47,933
$65,780
Public record
Public record
Zoning
Beds
3
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
5.27 Acres
Year renovated
—
Finished Sq. Ft.
1,917
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,917
Year built
1993
Style
Single Family Residential
County
Summit County
APN
2400173
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
R-1
Rural Residential (Low Density) District
This district has been established to accommodate low density of not more than one dwelling unit per each two acres of residential development in areas which cannot be reasonably serviced by central water and/or sanitary sewer facilities.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
New Franklin, OH • 44216
Average low and high temperatures (°F)
28
13
36
21
55
34
64
43
67
48
81
60
85
65
80
60
78
54
65
43
50
35
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
21/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
2.7 hrs
0.4 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1992 Rheam Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $260,000 and $438,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $439K.