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$249,900

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,352 Sq. Ft.
  • 4.7027 Acres
  • 2 Car Garage
  • Updated 4 days ago
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Discover the perfect urban retreat-without ever leaving the city! This rare condominium is one of the largest units on the Gold Coast offering over 2,300 sq. ft. of living space including a spacious living room with breathtaking views of Lake Erie and downtown Cleveland. Designed for both relaxation and entertaining, this home provides the ideal escape from the everyday. Unwind in the oversized primary bedroom featuring a private walk-out balcony for sunrise views and two generous walk-in closets. When you're ready for a fun activity, you're just an elevator button away. The activity level offers a plethora of options from the fitness center complete with men and women's locker rooms, heated indoor pool, an outdoor pool, racquetball court, hot tub, and sauna. Prefer something more leisurely? Host a gathering in the billiards room, or join some friends for the big game in the media room, complete with mini kitchen, wide screen TV, and cable television. The Meridian has built-in community events year-round for its residents. There are party rooms and even grills to rent for time with just your friends as well! All of this is complimented by some of the finest shopping, dining, and vibrant art scene just outside your door in Lakewood. Enjoy coming home to the comfort of your own underground assigned 2 parking spots next to each other and both right near the door to the elevator....no more snow shoveling! Also enjoy 24/7 security ready to welcome you home with a smile. This is city-living at its most relaxing, convenient, and enjoyable location! "

Full Property Details for 12550 Lake Ave #1501-1507

General

  • Price: $249,900
  • Taxes: $10,441 (2024)
  • Status: Active
  • Type: Condo
  • Source: 505
  • MLS ID: 5135823
  • Updated: 1/14/2026
  • Added to Site: 94 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: Ceiling Fan(s), Chandelier, Eat-in Kitchen, Elevator, His and Hers Closets, Multiple Closets
  • Fireplace(s): None
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Other Rooms

  • Laundry: In Unit

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Heated, Indoor, In Ground, Outdoor Pool, Salt Water

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Assigned, Underground, Garage, Off Site, On Site, Paved

Location

  • County: Cuyahoga
  • Township: Lakewood
  • Subdivision: Meridian Condo
  • Driving Directions: traveling on I90 take exit 166 for 117th street and head North for just over 1.5 miles and turn left on lakeside ave heading west. Then half mile on your right you will see the Meridian.
  • Direction Faces: East

School Information

  • Elem School District: Lakewood CSD (Cuyahoga)- 1817
  • Midd School District: Lakewood CSD (Cuyahoga)- 1817
  • High School District: Lakewood CSD (Cuyahoga)- 1817

Community

  • Assoc. Fees Include: Association Management, Gas, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Property Detached: Yes
  • Architectural Style: High Rise
  • Builder: The Meridian
  • Construction: Glass, Metal Siding, Concrete
  • Basement Desc.: Common Basement
  • Roof: Other
  • Windows: Aluminum Frames
  • Entry Floor Number: 1501
  • Stories/Levels: 1
  • Square Feet: 2,352
  • Living Area: 2,352 Sq. Ft.
  • Finished Above Grnd: 2,352 Sq. Ft.
  • Year Built: 1974
  • Year Built Source: Public Records

Lot Features

  • Property View: City, Lake, Pool
  • Lot Size (Acres): 4.7027
  • Lot Size: 4.7027
  • Lot Size Source: Assessor
  • Lot Features: Lake Erie Front, Lake Front
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake Front
  • Water Front View: Lake Front
  • Lake Front: Yes

Financial Considerations

  • Other Assoc Fees: $2,295
  • Other Fee Freq.: Monthly
  • Tax Amount: $10,441.44
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 21 MERIDIAN COND .496% 1507
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 312-08-464

Listed by Russell Real Estate Services, Brent Smith and Russell Real Estate Services, Nancy Lynne Mullins

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Listing agents

— 12550 Lake Ave #1501-1507 —

  • Brent Smith

    Russell Real Estate Services

  • Nancy Lynne Mullins

    Russell Real Estate Services

forbrentsmith@gmail.com, 419-366-0131

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 12550 Lake Ave #1501-1507

School District:Lakewood City School District
NameGradesDistance
Emerson Elementary School, Lakewood, OH
13439 Clifton Boulevard, Lakewood, OH 44107
PK-50.4 mi
Garfield Middle School, Lakewood, OH
13114 Detroit Avenue, Lakewood, OH 44107
6-80.5 mi
Lakewood High School, Lakewood, OH
14100 Franklin Boulevard, Lakewood, OH 44107
9-121.1 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 12550 Lake Ave #1501-1507 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Listed
$249,900
-16.7%
MLS
9/27/2024
Sold
$300,000
—
Public Record
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 12550 Lake Ave #1501-1507

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,885
-2%
$104,830
10%
2023
$7,053
-6%
$95,210
—
2022
$7,522
1%
$95,210
—
2021
$7,452
14%
$95,200
28%
2020
$6,509
-1%
$74,380
—
2019
$6,558
—
$74,380
—
2018
$6,550
28%
$74,380
42%
2017
$5,129
4%
$52,430
—
2016
$4,921
—
$52,430
—
2015
$4,921
10%
$52,430
15%
2014
$4,455
1%
$45,610
—
2013
$4,410
—
$45,610
—
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.

Estimate the Cost for 12550 Lake Ave #1501-1507

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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

Get Pre-Approved

Listed by Russell Real Estate Services, Brent Smith and Russell Real Estate Services, Nancy Lynne Mullins

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12550 Lake Avenue #1501-1507, Oakwood, OH 44107 (MLS# 5135823) is a Condo property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 12550 Lake Avenue #1501-1507 is currently listed for $249,900 and was received on October 16, 2025. Want to learn more about 12550 Lake Avenue #1501-1507? Do you have questions about finding other Condo real estate for sale in Oakwood? You can browse all Oakwood real estate or contact a Coldwell Banker agent to request more information.

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