




5055 State Route 60, Wakeman, OH, 44889
About This Home
Online Foreclosure Auction with bidding ending on Wednesday, September 2nd at NOON. See OhioSheriffSales dotcom for full details and to bid online. Bidding starts at $1,466,667. An extraordinary 77-acre private estate featuring two exceptional custom homes built in 2003 and 2005, with nearly one mile of frontage along the scenic Vermilion River. This truly one-of-a-kind property offers breathtaking natural beauty, complete privacy, and endless possibilities. A gated entrance with a charming guard house and artist's loft welcomes you to the estate, where a picturesque pond leads to the stunning main residence and separate guest home. The impressive two-story main home showcases an open-concept floor plan, a luxurious owner's suite, and an attached five-car garage that was thoughtfully designed to be easily converted into additional living or entertaining space. The guest residence is equally remarkable, offering convenient single-level living with a full kitchen, spacious living suite, large bedroom, indoor swimming pool, fitness room, and two additional full bathrooms-ideal for extended family, guests, or a private retreat. The land is simply spectacular. Towering mature trees, extensive wooded areas, gently rolling hills, open meadows, productive tillable acreage, and meticulously landscaped grounds create an unforgettable setting. Adding to the property's unique appeal is an approximately 800-square-foot, climate-controlled luxury dog house featuring vaulted ceilings, HVAC, and two secure outdoor fenced exercise pens-a true canine dream home. Whether envisioned as a prestigious equestrian estate, working farm, family compound, corporate or wellness retreat, luxury event venue, or future development opportunity, this remarkable property offers limitless potential. Rarely does an estate combine this level of privacy, natural beauty, thoughtful design, and versatility in one extraordinary offering.
Getting Around
Schools
Construction
Condition
- Year built: 2003
Type & Style
- Home type: SingleFamily
- Architectural style: Compound
- Property subType: Farm
Interior
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Finished area above ground: 2,536
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 2,536
- Total interior livable area: 2,536 sqft
Property
Details
- Parcel number: 490030010190200/0100/0220000
- Lease amount: 0
- Special condition: Auction,In Foreclosure
Features
- Stories: 1
- Pool features: Indoor
- Has view: Yes
- View description: Farm,Pond,Private,Scenic,Wooded
- Has water view: Yes
- Water view: Pond
Lot
- Lot size: 77.67 Acres
- Features: Room For Tennis,Trees
Parking
- Total spaces: 5
- Parking features: Driveway,Attached
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Hail
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,416 | $88,992 |
| Home Insurance * | $759 | $9,108 |
| Property Taxes | $1,266 | $15,192 |
| Electricity | $271 | $3,263 |
| Total | $9,712 | $116,544 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
No price history available
