Exceptional opportunity to acquire 72.6 acres in desirable Olmsted Township, located within the highly regarded Olmsted Falls City School District. This expansive property offers significant residential development potential, with substantial preliminary planning and due diligence already completed. A 28-lot subdivision layout has been prepared, featuring approximately two-acre homesites, an internal roadway, and a cul-de-sac. Soil testing has been completed, a wetlands report is available, and the proposed development is planned for public water and individual septic systems. Much of the initial groundwork has already been completed, providing a valuable head start for a builder or developer. Final engineering and applicable remaining approvals will be required. The property features a combination of mature woods, natural clearings, and gently varied terrain, offering an attractive setting for a residential community with larger homesites and added privacy. Conveniently located near major highways, Cleveland Hopkins International Airport, shopping, dining, and area amenities, Olmsted Township offers a desirable balance of suburban convenience and a more spacious residential setting. With 72.6 acres, 28 proposed homesites, completed soil testing, and wetlands documentation already available, this property presents an excellent opportunity for a developer looking to bring a new residential community to the Olmsted Township market.
Cable, electricity, natural gas, phone, and water available
Public water
Perc test required; septic system needed
Sale and tax history for 7617 Lewis Rd
Sale History
Tax History
Date
Event
Price
MLSNOW #5256958
Oct 31, 2026
Listed
$3,000,000
MLSNOW #2068331
May 26, 2003
Listing Removed
—
Jan 20, 2003
Listed
$5,300,000
Public Records
Dec 29, 1987
Sold
$152,000
Year
Property tax
Land + Additions
Assessment*
2025
$8,194 (−0.8%)
$111,480
2024
$8,261 (−22.5%)
$111,480
2023
$10,657 (+0.5%)
$118,620
2022
$10,601 (+0.8%)
$118,620
2021
$10,516 (+5.4%)
$118,620
2020
$9,975 (+10.4%)
$99,680
2019
$9,038 (−1.9%)
$99,680
2018
$9,212 (+41.0%)
$99,680 + $6,900
$106,580
2017
$6,535 (+0.4%)
$47,670 + $18,690
$66,360
2016
$6,506 (+8.9%)
$47,670 + $18,690
$66,360
2015
$5,973 (−1.5%)
$47,670 + $18,690
$66,360
2014
$6,063
$47,670 + $18,690
$66,360
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
821 ft.
Lot depth
3 ft.
Lot size
35.35 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Cuyahoga County
APN
26120003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
R-40
Single Family Residential District
Single-Family Residential Districts (R-R, R-40, R-30 and R-15) and their regulations are established in order to achieve, among others, the following purposes: (a) To regulate the bulk and location of single-family dwellings to obtain proper privacy and useable open spaces on each lot appropriate for the various districts;; (b) To regulate the density and distribution of population in accordance with the Comprehensive Plan, officially adopted by the Township Trustees, to avoid congestion and to provide adequate public services.; (c) To provide for proper location of institutions and other community facilities so as to increase the general convenience,safety and amenities (D) To carry out the following specific purposes.; (1) The R-R District is established to provide for single-family residential uses with a minimum lot size of two acres in order to preserve open space and conserve the existing environmental and natural features in a manner that is consistent with the low-density and agricultural characteristics of the area.; (2) The R-40 District is established to provide for single-family residential uses with a minimum lot size of 40000 square feet. (3) The R-30 District is established to provide for single-family residential uses with a minimum lot size of 30000 square feet primarily fronting on major streets.; (4) The R-15 District is established to provide for single-family residential uses in a standard subdivision with a minimum lot size of 15000 square feet.; (e) To promote the most desirable and beneficial use of the land in conformity with the Comprehensive Plan.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Olmsted Twp, OH • 44138
Average low and high temperatures (°F)
29
17
36
22
55
35
63
44
67
51
80
62
85
67
79
61
77
54
64
47
51
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
28/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4 hrs
0.3 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7617 Lewis Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $320,000 and $440,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $440K.