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5158 University Dr, Geneva, OH, 44041

2beds
1baths
672sqft
$225,000
$335price/sqft
$1,678/moest. monthly cost
$67,120/yrincome needed

About This Home

Whether you're searching for a peaceful place to unwind, a weekend getaway, or your next investment opportunity, this charming ranch offers the flexibility to fit your plans. Currently operating as a successful short-term rental, this 2-bedroom, 1-bath home can continue generating income or transition seamlessly into a year-round residence. Set on an exceptionally rare half-acre lot in Geneva-on-the-Lake, the property offers an abundance of green space that's increasingly hard to find. Mornings begin with coffee on the newer front deck as the fresh lake breeze rolls through, while evenings are made for gathering around a fire, grilling with friends, or simply enjoying the peaceful backdrop of the spacious backyard. Built in 1991 and thoughtfully maintained with newer mechanicals, this home offers the comfort of one-floor living paired with low-maintenance ownership. The generous outdoor space provides endless possibilities for recreation, entertaining, gardening, or simply enjoying the extra room to spread out. Conveniently located near the heart of Geneva-on-the-Lake, you'll be just moments from Geneva Township Park, Lake Erie shoreline attractions, local restaurants, entertainment, and a short drive to the renowned wineries and the charm of Historic Ashtabula Harbor. Whether you're expanding your investment portfolio or searching for a place to make lasting memories, this property delivers a rare combination of location, versatility, and outdoor space that is becoming increasingly difficult to find. HWT (2024), Furnace & AC (2024), Roof (2024).

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Geneva High SchoolGrades 8-124.0 mi
4/10
Geneva Middle SchoolGrades 4-84.3 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Slab
  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer
  • Laundry features: Main Level

Bedroom

  • Level: First
  • Dimensions: 11 x 11

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 672

Heating & Cooling

  • Heating features: Forced Air,Gas,Heat Pump
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 672
  • Total interior livable area: 672 sqft

Kitchen

  • Level: First
  • Dimensions: 9 x 8

Living Room

  • Level: First
  • Dimensions: 14 x 9

Primary Bedroom

  • Level: First
  • Dimensions: 12 x 11

Property

Details

  • Parcel number: 210430020900

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 0.50 Acres
  • Features: Back Yard,Corners Marked,Irregular Lot,Wooded

Parking

  • Parking features: Gravel,No Garage

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

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
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 $1,137$13,644
Home Insurance *$138$1,656
Property Taxes $210$2,520
Electricity $193$2,320
Total$1,678$20,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,531/yr
40% on housing$50,340/yr
45% on housing$44,746/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$335This listing

vs Other Active Listings

Avg $/sqft

ZIP 44041$137
Ashtabula County$121

vs Homes Sold Last Month

Median $/sqft

ZIP 44041$141
Ashtabula County$115

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
2026-08-03Listed for sale$225,000
2008-11-21Sold$34,000
2008-04-04Sold$25,000
2002-07-31Sold$37,200

For Sale by Agent

AgentClorice L Vines
BrokerageMcDowell Homes Real Estate Services

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