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$599,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 4,562 Sq. Ft.
  • 0.55 Acres
  • 4 Car Garage
  • Updated 11 days ago
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Bring your contractor and explore the potential of this Portage Lakes lakefront fixer-upper, ideally located on the quiet and desirable Dusty's Channel-an area of fine homes and part of the Main Chain with quick access to swimming and speed/ski zones. This property offers over half an acre and an impressive 142 feet of lake frontage. The expansive square footage includes an expansive indoor inground swimming pool room with two baths and a spiral staircase. This unique four-level split features a spacious kitchen, a recreation room with wet bar and fireplace, and a formal living room with beamed ceilings and a second wood-burning fireplace. The upper level offers three bedrooms, two full baths, and access to a large attic. Additional highlights include an attached four-car garage with generous concrete parking, a grandfathered boat house in need of restoration, and 200-amp electrical service. Well and septic have passed point-of-sale inspection, with documentation available in the supplements. A truly unique home- discover the diamond in the rough!

Full Property Details for 4567 Rex Lake Dr

General

  • Price: $599,000
  • Taxes: $14,319 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: 505
  • MLS ID: 5158755
  • Updated: 1/6/2026
  • Added to Site: 61 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Beamed Ceilings, Wet Bar, Bookcases, Built-in Features, Cathedral Ceiling(s), High Ceilings, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Living Room, Wood Burning, Recreation Room
  • Appliances: Built-In Oven, Cooktop, Dishwasher

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Indoor, In Ground

Exterior

  • Exterior Features: Boat Slip, Dock
  • Porch/Patio/Deck: Deck, Enclosed, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Attached, Concrete, Driveway, Electricity, Garage, Garage Door Opener

Location

  • County: Summit
  • Township: New Franklin
  • Subdivision: A J Heiman Sub/1st Add
  • Driving Directions: 619 to south on Dusty's Rd to west on Rex Lake Rd to south on Rex Lake Drive
  • Direction Faces: East

School Information

  • Elem School District: Coventry LSD - 7704
  • Midd School District: Coventry LSD - 7704
  • High School District: Coventry LSD - 7704

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Split Level
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Partial, Partially Finished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 4,562
  • Living Area: 4,562 Sq. Ft.
  • Finished Above Grnd: 4,562 Sq. Ft.
  • Year Built: 1959
  • Year Built Source: Public Records
  • Property Condition: Fixer

Additional Structures

  • Other Structures: Boat House

Lot Features

  • Property View: Lake, Water
  • Lot Size (Acres): 0.55
  • Lot Size: .55
  • Lot Size Source: Public Records
  • Lot Dimensions: 142 x 208
  • Lot Features: Dead End, Lake Front, Views, Waterfront

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake Front, Lake Privileges, Waterfront
  • Water Front View: Lake Front, Lake Privileges, Waterfront
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $14,319
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: TR 12 LOT SW E OF REX LAKE DR .550A
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 2600374

Listed by Coldwell Banker Schmidt Realty, John P Scaglione

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Listing agent

— 4567 Rex Lake Dr —

  • John P Scaglione

    Coldwell Banker Schmidt Realty

ScaglioneTopAgent@gmail.com, 330-618-0292

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4567 Rex Lake Dr

School District:Coventry Local School District
NameGradesDistance
Coventry Middle School
3257 Cormany Road, Akron, OH 44319
5-82.4 mi
Turkeyfoot Elementary School
3089 Manchester Road, Akron, OH 44319
PK-42.8 mi
Coventry High School
1135 Portage Lakes Drive, Akron, OH 44319
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4567 Rex Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/24/2025
Price Reduced
$599,000
-11.78%
MLS
11/17/2025
Listed
$679,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4567 Rex Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,906
—
$279,801
—
2023
$13,906
26%
$279,810
48%
2021
$11,007
—
$189,100
—
2022
$10,994
-5%
$189,100
—
2020
$11,625
—
$189,100
—
2019
$11,625
1%
$189,141
—
2018
$11,496
—
$189,141
—
2017
$11,523
10%
$189,141
17%
2016
$10,520
-1%
$161,526
—
2015
$10,672
—
$161,526
—
2014
$10,696
7%
$161,525
6%
2013
$9,967
—
$153,084
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker Schmidt Realty, John P Scaglione

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4567 Rex Lake Drive, New Franklin, OH 44319 (MLS# 5158755) is a Single Family property with 3 bedrooms, 4 full bathrooms and 1 partial bathroom. 4567 Rex Lake Drive is currently listed for $599,000 and was received on November 17, 2025. Want to learn more about 4567 Rex Lake Drive? Do you have questions about finding other Single Family real estate for sale in New Franklin? You can browse all New Franklin real estate or contact a Coldwell Banker agent to request more information.

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