Discover this 11-acre wooded sanctuary in desirable Novelty, Ohio, where nature and opportunity converge. This remarkable property showcases 211 feet of prime frontage along Fairmount Road and extends nearly half a mile northward, offering an ideal canvas for your dream estate. This former horse property contains a paddock space and five-stall horse barn. To the rear, a mature forest creates a natural amphitheater as it slopes gracefully toward the Chagrin River, which bisects the property with 207 feet of waterfront on both banks. The northern boundary meets the historic inter-urban railway trail, a scenic bridle path, beyond which lies protected land owned by the Western Reserve Land Conservancy—ensuring lasting privacy and preserved natural views. This exceptional setting combines rural tranquility with outstanding accessibility, positioned just minutes from the charming Village of Chagrin Falls, upscale dining, boutique shopping, parks, and convenient access to US-422. While the existing structure requires either extensive renovation or replacement, the property's natural features and strategic location present an excellent opportunity to create a distinguished residence amidst the rolling woodlands of Northeast Ohio's rural countryside.
The median home value in Novelty, OH is $384,000. This is higher than the county median home value of $318,400. The national median home value is $338,100. The average price of homes sold in Novelty, OH is $384,000. Approximately 76.92% of Novelty homes are owned, compared to 20.83% rented, while 2.25% are vacant. Novelty real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Novelty real estate agent to arrange a tour today!
Novelty, Ohio has a population of 4,426. Novelty is more family-centric than the surrounding county with 41.72% of the households containing married families with children. The county average for households married with children is 34.64%.
The median household income in Novelty, Ohio is $96,103. The median household income for the surrounding county is $90,285 compared to the national median of $69,021. The median age of people living in Novelty is 48.1 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 43.2 inches per year, with 76.3 inches of snow per year.