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7955 Gray Eagle Chase, Gates Mills, OH, 44040

6beds
8baths
14,995sqft
$3,495,000
$233price/sqft
$26,542/moest. monthly cost
$1,061,680/yrincome needed

About This Home

Set upon more than five acres of secluded, wooded grounds, this extraordinary Tony Paskevich designed French Country residence embodies timeless elegance, uncompromising craftsmanship, and countless thoughtful renovations. A private retreat of remarkable beauty that blends classic design with modern luxury. Double doors open to a grand foyer with a sweeping spiral staircase. The family room captivates with a coffered ceiling, custom built-ins, and a graceful bow window framing serene views, while a charming fireplace adds warmth. The living room impresses with soaring ceilings, refined millwork, a sandstone fireplace, and direct terrace access. The kitchen is both a culinary haven and a gathering space, featuring a center island, custom tile flooring, stone counters, two sinks, and an expansive walk-in pantry. A circular breakfast nook bathes in natural light, while the formal dining room—with bespoke wood built-ins and extraordinary windows—provides the perfect stage for memorable entertaining. The first-floor primary suite offers a world of its own, featuring dual walk-in dressing rooms each with its own washer and dryer, an elegant ensuite bath, and a private staircase to a secluded bonus retreat. Additional main-level highlights include two powder rooms and a studio with private elevator access. Upstairs, four ensuite bedrooms and a spacious studio/flex area provide comfort and versatility. The lower level is equally impressive, with a private bedroom suite offering fireplace and kitchen access, a state-of-the-art theater, an exercise room, and a luxurious sauna. Outdoors, the estate is nothing short of enchanting. Meticulously designed gardens frame two fountains, while mature trees and manicured beds create an atmosphere of serenity. A sparkling pool, spa, and multiple patios provide an idyllic backdrop for both intimate gatherings and grand celebrations. A rare masterpiece, this estate is more than a home—it’s a lifestyle of elegance and privacy.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

8/10
8/10
Mayfield Middle SchoolGrades 6-103.0 mi
8/10
Mayfield High SchoolGrades 8-124.1 mi

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Slate
  • Construction materials: Brick,Frame,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Oven,Cooktop,Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Water Softener,Washer
  • Laundry features: Main Level,Lower Level,Multiple Locations

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 1

Features

  • Wet Bar,Built-in Features,Double Vanity,Eat-in Kitchen,Elevator,Kitchen Island,Sauna,Vaulted Ceiling(s),Natural Woodwork,Walk-In Closet(s),Wired for Sound
  • Window features: Bay Window(s)
  • Number of fireplaces: 5
  • Fireplace features: Family Room,Living Room,Recreation Room
  • Fireplace: Yes
  • Finished area below ground: 3,000
  • Finished area above ground: 11,995

Heating & Cooling

  • Heating features: Forced Air,Gas,Zoned
  • Cooling features: Central Air

Interior Area

  • Total structure area: 14,995
  • Total interior livable area: 14,995 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Central Living Area

Details

  • Parcel number: 84327001
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Private pool: Yes
  • Pool features: In Ground,Outdoor Pool,Waterfall
  • Patio & porch: Deck,Front Porch,Patio,Terrace
  • Exterior features: Fire Pit,Sprinkler/Irrigation,Lighting,Private Yard
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Pool,Trees/Woods

Lot

  • Lot size: 5.29 Acres
  • Features: Many Trees

Parking

  • Total spaces: 6
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

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 $17,672$212,064
Home Insurance *$1,758$21,096
Property Taxes $5,504$66,048
Electricity $1,608$19,298
Total$26,542$318,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$910,011/yr
40% on housing$796,260/yr
45% on housing$707,786/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: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 44040$261
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44040$237
Cuyahoga County$144

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)

No zestimate history available

Price History

DateEventPrice
2026-02-16Price change$3,995,000
2025-09-12Listed for sale$4,595,000
2025-07-23Listing removed$4,600,000
2025-07-20Price change$4,600,000
2025-01-20Price change$4,900,000
2024-09-23Listed for sale$5,400,000

For Sale by Agent

AgentTerry Young
BrokerageKeller Williams Greater Metropolitan

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