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$510,000
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Property Description
This custom home by Schlabach Builders combines exceptional craftsmanship with the convenience of single-level living. Built in 2021 this home is situated on a large corner lot in the highly desirable Hainsview Estates, and is just minutes from Licking Valley Schools. 15ft cathedral ceilings invite you into the open concept living space perfect for hosting large gatherings, yet intimate enough for a quiet night in. The kitchen anchors this space with a large center island, and features poplar cabinets, quartz countertops and stainless steel appliances. LVP flooring is carried seamlessly throughout the main living spaces. The primary suite is privately situated away from the other bedrooms, and features a walk-in closet. The large primary bathroom has a dual vanity, tiled shower surround, and is adjacent to the first floor laundry room. The additional two bedrooms share a generous hall bath, and a separate study located off of the entryway is the perfect space for a home office. A mudroom with custom built-in shelving leads to the oversized two-car garage, while a 12'x16' shed offers an abundance of additional storage space. The backyard is a secluded retreat fully surrounded by a privacy fence, and features a large concrete patio, hot tub and a paver fire pit area. Extensive landscaping accentuates the home, and large side yard. Come experience this beautiful home, and the welcoming neighborhood of Hainsview Estates.
Full Property Details
Full Property Details for 703 Colby Way
General
- Sold For: $510,000
- Taxes: $4,213 (2024)
- Status: Closed
- Type: Single Family
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225028676
- Added to Site: 168 day(s) ago
Interior
- Flooring: Laminate, Carpet, Ceramic/Porcelain
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Hot Tub
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Door Opener, Attached Garage
Location
- County: Licking
- Township: Hanover
- Development Name: Hainsview Estates
- Driving Directions: From Licking Valley Rd take Hainsview Dr to Colby Way.
School Information
- School District: LICKING VALLEY LSD 4506 LIC CO.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Ranch
- Windows: Insulated All
- Square Feet: 1,746
- Sq. Ft. Source: Realist
- Living Area: 1,746 Sq. Ft.
- Finished Total: 1,746 Sq. Ft.
- Year Built: 2021
Lot Features
- Lot Size (Acres): 0.8
- Lot Size (Sq. Ft.): 34,848
Financial Considerations
- Price Per Sq. Ft.: $300.63
- Tax Amount: $4,213
- Tax Year: 2024
- Terms: VA, FHA, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 023-160302-00.117
Listed by Key Realty (614) 300-0771, Joshua Wymer (740) 438-4587
Sold by RE/MAX Consultant Group (614) 855-2822, Jay C Stanley
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Schools
Schools serving 703 Colby Way
School District:Licking Valley Local School District
| Name | Grades | Distance |
|---|---|---|
Licking Valley Elementary School 1510 Licking Valley Road Northeast, Newark, OH 43055 | K-5 | 0.9 mi |
Licking Valley Middle School 1379 Licking Valley Road, Newark, OH 43055 | 6-8 | 0.8 mi |
Licking Valley High School 100 Hainsview Drive, Newark, OH 43055 | 9-12 | 0.6 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 703 Colby Way
Date
Details
Price
Change
Source
10/03/2025
Sold
$510,000
-2.84%
MLS
8/14/2025
Price Reduced
$524,900
-1.87%
MLS
8/07/2025
Price Reduced
$534,900
-2.73%
MLS
8/01/2025
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
703 Colby Way, Newark, OH 43055 (MLS# 225028676) is a Single Family property that was sold at $510,000 on October 03, 2025. Want to learn more about 703 Colby Way? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

