5328 Akron Cleveland Rd, Peninsula, OH, 44264
About This Home
This distinctive 2-bedroom property spans 3.62 acres across 2 parcels, offering a rare combination of space, flexibility, and prime frontage in a highly desirable location. Currently used as a residential property, it may continue to be used in that manner. Located within a Township business corridor, the parcels also offer the unique opportunity for commercial conversion. Whether you're seeking a home within the acclaimed Hudson City Schools, a home-based business setting, or a strategic investment opportunity, this property provides the versatility to bring your vision to life. The home welcomes you with a new front porch and a functional main-level layout featuring two bedrooms, a full bath, and a bright, inviting living space with refinished hardwood floors and abundant natural light. The kitchen meets your everyday convenience. A spacious walkout basement expands the possibilities, complete with a laundry area, half bath, and generous storage, ideal for finishing into additional living or workspace. The oversized, extra-deep and wide garage is accessible from both the basement and two large bay doors, making it well-suited for hobbyists, contractors, or business use. Outdoor features include two gravel parking areas—one at the front of the home and another near the garage—providing ample flexibility for guests, equipment, or business needs. The expansive lot offers a peaceful, scenic setting with a wooded path and space to relax or entertain around a fire pit. Ideally positioned with convenient access to major roadways, including quick connections to the Ohio Turnpike and nearby highways. Enjoy close proximity to a variety of everyday conveniences and lifestyle amenities, including local parks, golf courses, and expansive trails of the CVNP, as well as shops, dining, and entertainment found in historic downtown Hudson and nearby retail destinations. This is a truly unique opportunity to own a multi-use property with exceptional potential in a sought-after area.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1953
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Storage Space,Walk-Out Access
Bedroom
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Eat In Kitchen
- Level: First
Family Room
- Level: First
Features
- Finished area above ground: 1,054
Heating & Cooling
- Heating features: Dual System,Forced Air,Heat Pump
- Cooling features: Ceiling Fan(s),Dual,Heat Pump
Interior Area
- Total structure area: 1,054
- Total interior livable area: 1,054 sqft
Kitchen
- Level: First
Primary Bedroom
- Level: First
Property
Details
- Parcel number: 0700176
Features
- Levels: Two
- Stories: 1
Lot
- Lot size: 3.62 Acres
Parking
- Parking features: Unpaved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Hail
- Ice Storm
- Strong Wind
- Winter Weather
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 | $1,617 | $19,404 |
| Home Insurance * | $97 | $1,164 |
| Property Taxes | $397 | $4,764 |
| Electricity | $193 | $2,320 |
| Total | $2,304 | $27,648 |
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
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $339,000 |
| 2023-06-16 | Sold | $160,000 |
| 2023-05-16 | Pending sale | $160,000 |
| 1996-02-01 | Sold | $95,000 |
| 1994-10-20 | Sold | $18,000 |
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