887 Colony Dr #889, Aurora, OH, 44202
About This Home
Rare opportunity in Aurora! Situated on 2.18 picturesque acres with stunning lakefront views, this side-by-side raised ranch duplex offers endless potential for investors, renovators, or those looking to build their dream waterfront home. Each unit features 2 bedrooms, central air conditioning, and separate living spaces. A newer roof was installed approximately 3-4 years ago. The property also includes a detached 20x24 garage and an impressive 30x40 outbuilding with concrete floors and a mezzanine, providing abundant storage, workshop space, or future hobby use. Property is approx 1.17 land and an acre of water. Please note: the existing home is in need of substantial rehabilitation or tear down. View at your own risk with your favorite Realtor and it is being sold as-is. Whether you choose to restore the structure or start fresh and build your custom lakefront retreat, the true value lies in the exceptional setting, acreage, and breathtaking water views. Check with local zoning with your ideas! Opportunities like this in Aurora are few and far between! Located in award winning Aurora school district- looking for only a CASH offer, QUICK close and NO financing due to condition of home. Submit your offer today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1940
Materials
- Roof: Asphalt,Fiberglass
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Range,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Partially Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Double Pane Windows
- Finished area above ground: 3,100
Heating & Cooling
- Heating features: Baseboard,Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Details
- Parcel number: 030030000001000
- Special condition: Estate
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Panoramic,Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Lake Front,Lake Privileges,Waterfront
- Frontage type: Lakefront
Lot
- Lot size: 2.19 Acres
- Features: Cleared,Fishing Pond(s),Gentle Sloping,Lake Front,Few Trees,Views,Waterfront
Parking
- Total spaces: 5
- Parking features: Driveway,Detached,Garage Faces Front,Garage,Paved,Garage Faces Side,Workshop in Garage
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5
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
- Lightning
- 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 | $1,112 | $13,344 |
| Home Insurance * | $78 | $936 |
| Property Taxes | $223 | $2,676 |
| Electricity | $332 | $3,989 |
| Total | $1,745 | $20,940 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Pending sale | $220,000 |
| 2026-07-25 | Price change | $220,000 |
| 2026-06-30 | Listed for sale | $299,900 |
| 2026-06-29 | Pending sale | $299,900 |
| 2026-06-01 | Listed for sale | $299,900 |
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