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22700 Lake Rd #305, Rocky River, OH, 44116

3beds
3baths
2,433sqft
$1,124,900
$462price/sqft
$8,082/moest. monthly cost
$323,280/yrincome needed

About This Home

LAST CHANCE to be part of this community! Welcome to 700 Lake! With magnificent lake views from the balcony of 305, you can relax and unwind in luxurious lakefront living. 700 Lake is an exceptional lakefront residence that stands as a testament to luxury living. Nestled between New York and Chicago, this prestigious development offers a harmonious blend of classic architecture and modern design. Situated in the scenic community of Rocky River, 700 Lake is thoughtfully designed to forge a connection with the natural beauty of Lake Erie. No detail was spared in this open concept design. Specific to unit 305 is a gorgeous owners suite, with large closet and custom cabinetry, and a bathroom to indulge yourself in with beautiful stone and tile work and soaking tub. Two additional bedrooms, with and additional full bath and powder room. Enjoy the best of Cleveland weather relaxing in the newly completed heated pool, grilling in the outdoor kitchen, or sitting fireside on a cool evening, all the while taking in the breathtaking views sunrise to sunset! Cutting edge, smart home technology and two parking spaces included in the subterranean parking garage. Call to schedule a tour of this rare opportunity of easy, luxury living on Lake Erie today! 700 Lake us 2/3 SOLD and OCCUPIED! Hurry before it is all sold out!

Getting Around

86
WalkingVery Walkable
39
TransitSome Transit
56
BikeBikeable

Schools

7/10
9/10
Rocky River High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2022

Materials

  • Roof: Other
  • Construction materials: Other,Stone

Type & Style

  • Home type: Condo
  • Architectural style: High Rise,Ranch
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Eat In Kitchen

  • Level: First

Features

  • Elevator,Walk-In Closet(s)
  • Fireplace features: None
  • Finished area above ground: 2,433

Heating & Cooling

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

Interior Area

  • Total structure area: 2,433
  • Total interior livable area: 2,433 sqft

Living Room

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 30201313
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Heated,In Ground,Outdoor Pool,Community
  • Patio & porch: Patio,Balcony
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront
  • Frontage type: Lakefront

Lot

  • Features: Lake Erie Front,Lake Front,Waterfront

Parking

  • Parking features: Assigned,Attached,Garage,Paved
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Heat Wave
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 $5,688$68,256
Home Insurance *$363$4,356
Property Taxes $1,771$21,252
Electricity $260$3,131
Total$8,082$96,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$277,097/yr
40% on housing$242,460/yr
45% on housing$215,520/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

$462This listing

vs Other Active Listings

Avg $/sqft

ZIP 44116$344
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44116$241
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)

Price History

DateEventPrice
2025-09-12Listed for sale$1,174,900

New Construction

AgentJoann Musbach
BrokerageHoward Hanna

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