RARE INVESTMENT OPPORTUNITY to own a highly successful, TURNKEY VRBO property, The Lake House at Cedar Point (#220710) boasting a proven six-figure NOI and exceptional occupancy history. This LOMA-certified luxury waterfront retreat underwent a premium-grade full remodel in 2006 and is an approved transient rental. The offering includes two parcels with nearly 37' of private beach lake frontage and 151' of bay waterfront and dockage. The main home features 5 bedrooms, 2 full baths and 1 half bath. The guest house offers a second primary suite with an additional full bath and serves as the 6th bedroom, while the detached game room, complete with an additional half bath, could serve as a 7th bedroom. Enjoy captivating water views, upscale finishes, and turn-key ownership everything stays, including watercraft and all furnishings. This is a one-of-a-kind chance to own a luxury waterfront investment near Cedar Point with a strong income stream and endless lifestyle appeal!
Single-familyProperty Type
1920Year Built
0.42 acresLot Size
$430Est. Price/Sq.Ft.
1 spaceParking
Listed by Jennifer Craig• Russell Real Estate Services
RARE INVESTMENT OPPORTUNITY to own a highly successful, TURNKEY VRBO property, The Lake House at Cedar Point (#220710) boasting a proven six-figure NOI and exceptional occupancy history. This LOMA-certified luxury waterfront retreat underwent a premium-grade full remodel in 2006 and is an approved transient rental. The offering includes two parcels with nearly 37' of private beach lake frontage and 151' of bay waterfront and dockage. The main home features 5 bedrooms, 2 full baths and 1 half bath. The guest house offers a second primary suite with an additional full bath and serves as the 6th bedroom, while the detached game room, complete with an additional half bath, could serve as a 7th bedroom. Enjoy captivating water views, upscale finishes, and turn-key ownership everything stays, including watercraft and all furnishings. This is a one-of-a-kind chance to own a luxury waterfront investment near Cedar Point with a strong income stream and endless lifestyle appeal!
MLSNOW #5131757
Aug 1, 2025
Sold
$1,450,000
$591/sq ft
Jul 24, 2025
Pending
—
Jun 25, 2025
Contingent
—
Jun 16, 2025
Listed
$1,599,000
$652/sq ft
MLSNOW #4326917
Apr 22, 2022
Listing Removed
—
Oct 20, 2021
Listed
$1,649,000
$672/sq ft
Year
Property tax
Land + Additions
Assessment*
2018
$7,855 (+15.5%)
$72,610 + $64,500
$137,110
2017
$6,803
$75,030 + $43,340
$118,370
2016
$6,799 (+22.1%)
$75,030 + $43,340
$118,370
2014
$5,568
$67,770 + $39,880
$107,650
Tax history for 731 Cedar Point Rd
Year
Property tax
Land + Additions
Assessment*
2018
$7,855 (+15.5%)
$72,610 + $64,500
$137,110
2017
$6,803
$75,030 + $43,340
$118,370
2016
$6,799 (+22.1%)
$75,030 + $43,340
$118,370
2014
$5,568
$67,770 + $39,880
$107,650
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
7,200 Sq. Ft.
Year renovated
—
Sq. Ft.
1,969
Year built
1920
Style
Single Family Residential
County
Erie County
APN
55-00379.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 11, 2023.
Property details
Parking
Parking
Features: Circular Driveway, Driveway, On Site, Off Street, Private, Shared Driveway
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Room Information
Basement Information: Crawl Space
Laundry Information
Features: Main Level, Multiple Locations, Upper Level
Other Features: Wet Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Granite Counters, Open Floorplan, Walk-In Closet(s), Central Vacuum, Jetted Tub
Exterior
Building Information
Year Built Source: Public Records
Roof Details: Asphalt
Construction Details: Brick, Vinyl Siding
Exterior Features
Exterior Features: Balcony, Fire Pit, Dock
Patio And Porch Features: Covered, Deck, Patio, Balcony
Other Structures: Garage(s), Guest House
Lot Information
Lot Size Area: 0.4219
Lot Size Acres: 0.4219
Lot Size Source: Owner
Lot Features: Beach Front, Lake Erie Front, Lake Front, Views, Water Front
Is Waterfront
Waterfront Features: Beach Front, Bay Front, Lake Front, Lake Privileges, Waterfront
Frontage Type: Bay/Harbor, Lakefront
Property Information
Has View
Above Grade Finished Area: 2,453
Above Grade Finished Area Source: Appraiser
Updated/Remodeled
Financial
Tax Information
Annual Tax Amount: $8,748.02
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Has Heating
Heating: Forced Air, Fireplace(s), Gas
Location
Community Information
Community Features: Lake
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,969
Stories: 2.0
Lot Size: 7,200 square feet
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Erie County
APN: 55-00379.000
Home facts updated by county records on Jan 11, 2023
Around this home
Schools
The Sandusky Primary School
Public K-2 • Assigned • 2.7mi
Sandusky Middle School
Public 7-8 • Assigned • 3.8mi
5/10
Sandusky High School
Public 9-12 • Assigned • 3.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
6 days above 95° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Sandusky, OH • 44870
Average low and high temperatures (°F)
29
17
35
22
53
36
62
46
65
53
79
66
84
71
79
67
74
62
65
52
51
41
38
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2.3 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.00M – $1.21M
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