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2855 Wheeling Rd NE, Lancaster, OH, 43130

3beds
2baths
2,040sqft
$578,000
$283price/sqft
$4,004/moest. monthly cost
$160,160/yrincome needed

About This Home

Private Equestrian Retreat Near Lancaster with Indoor Riding Arena & Income Potential - Escape to your own private horse farm nestled on the peaceful outskirts of Lancaster. Tucked away for exceptional privacy, this remarkable property offers the perfect blend of tranquility, functionality, convenience, and income-producing potential. Ideal for serious equestrians, trainers, or anyone dreaming of a countryside lifestyle with a ready-made business opportunity. Thoughtfully designed with both horse and rider in mind, the farm features well-maintained stables, generous turnout areas, and a spacious indoor riding arena that allows for year-round training and riding enjoyment regardless of weather conditions. The indoor arena provides a safe, controlled environment for riding in every season and creates additional revenue opportunities through arena rentals, lessons, clinics, or training programs. This property offers the unique opportunity to generate income through horse boarding and other equestrian services. Several horses are currently boarded on the property, and those boarders have expressed a desire to remain, providing a potential continuation of income for the new owner from day one. Whether you're looking to expand an existing operation or start your own equestrian business, the groundwork is already in place. Surrounded by open countryside and natural beauty, the setting is serene and secluded while remaining just a short drive from Lancaster's shopping, dining, and amenities. The combination of established facilities, existing clientele, and multiple income streams presents the potential to offset ownership costs and help support your mortgage through the property's earning potential. Adding even more value, the owner is willing to leave equipment with an acceptable offer, making this a truly turnkey opportunity for the next owner to step in and continue operations with ease. More than just a property, this is a lifestyle and business opportun

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

4/10
Medill Elementary SchoolGrades K-51.5 mi
5/10
Lancaster High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Flooring: Wood,Carpet,Vinyl
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Geothermal

Interior Area

  • Total structure area: 2,040
  • Total interior livable area: 2,040 sqft

Property

Details

  • Parcel number: 0270054820
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Fencing: Fenced

Lot

  • Lot size: 10.40 Acres
  • Features: Pasture

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
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Drought
Hail
Heat Wave
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

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

MonthlyAnnual
Mortgage $2,922$35,064
Home Insurance *$311$3,732
Property Taxes $553$6,636
Electricity $218$2,625
Total$4,004$48,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$137,280/yr
40% on housing$120,120/yr
45% on housing$106,773/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 43130$146
Fairfield County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 43130$167
Fairfield County$181

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

DateEventPrice
2026-08-15Listed for sale$578,000
2026-08-09Contingent$578,000
2026-07-27Price change$578,000
2026-06-26Listed for sale$599,900
2021-03-24Listing removed--
2016-08-26Sold$190,000
2016-07-29Listed for sale$195,000
2016-06-16Listing removed$195,000
2015-08-23Listed for sale$195,000
1996-11-01Sold$18,000

For Sale by Agent

AgentRobert W Pullon
BrokerageRealty ONE Group Refined

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