Property Description

Welcome to easy living in the desirable Silver Valley community of Munroe Falls. This 2-bedroom, 1.5-bath condo brings the wow-factor with soaring vaulted ceilings, dramatic skylights, and stunning wood floors throughout. Natural light pours in while serene views of lush landscaping?and the occasional deer sighting?create a peaceful, tucked-away feel right outside your door. The spacious primary suite features an impressive bath, complemented by ample storage, first-floor laundry, and an attached 1-car garage. And here's the bonus: a brand-new roof is being installed this summer, adding peace of mind and long-term value to an already standout home.

180 Lake Terrace Drive | MLS# 5202453

This condo located at 180 Lake Terrace Drive, Munroe Falls, OH 44262 is currently listed for sale with an asking price of $207,000. This property was built in 1986 and has 2 bedrooms and 1 full and 1 partial baths with 1864 sq. ft. Lake Terrace Drive is located within the Stow-Munroe Falls CS - 7714 school district. Search Munroe Falls real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Residential - Condominium

Basement: None

Cooling: Central Air, Ceiling Fan(s)

Days on Market: 22

Fireplaces: 1

Garage: 2 car attached

Heating: Forced Air, Fireplace(s), Gas

Lot Size: 0.04 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $3,638 / year

Year Built: 1986

Amenities

Open Floorplan

Vaulted Ceiling(s)

Natural Woodwork

Jetted Tub

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator

Exterior: Stucco

Fireplace: Wood Burning

HOA: Yes

HOA Fee: 298/ Monthly

Laundry: Main Level, Laundry Room

Parcel#: 5802079

Parking: Attached, Garage, Garage Door Opener

Patio/Porch: Front Porch, Patio

Sewer: Public Sewer

View: Creek/Stream, Trees/Woods

Water: Public

Window: Skylight(s)

Room Sizes

Laundry: 9 X 7 Level - First

Dining Room: 15 X 10 Level - First

Living Room: 19 X 17 Level - First

Loft: 12 X 9 Level - Second

Bedroom: 16 X 14 Level - Second

Primary Bedroom: 22 X 15 Level - Second

Local Schools

School District: Stow-Munroe Falls CS - 7714

Market Trends

Summit County Residential Market Trend Graphs

Zip Code 44262

Source: Delta Media Group, Inc.

Demographics

Summit County Demographic Information for 180 Lake Terrace Drive, Munroe Falls, OH 44262

Fips

Fips Code 39153

Population

2020 to 2025 Change down 0.4%

2010 Count 541,781

2020 Count 540,428

2025 Estimate (V2025) 538,376

2020 Estimate (V2025) 540,429

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 20.4%

18 to 64 54.2%

65 and Older 20.2%

Gender

Male 48.7%

Female 51.3%

Place of Birth

Foreign 6.0%

US 94.0%

Education

High School Graduate, Age 25+ 92.8%

Bachelor's Degree or Higher, Age 25+ 35.8%

Computer and Internet use

Households with a computer 95.4%

Households with a broadband Internet subscription 91.6%

Language

English is Second Language, Age 5+ 7.3%

English is First Language, Age 5+ 92.7%

Veterans

Veterans 25,976

Income

Per Capita Income $43,061

Median Household Income $71,622

People in Poverty 13.3%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 247,173

Households 231,267

Average Household Size 2.29

Owner-Occupied 67.5%

Multi-Family 22.4%

Owner-Occupied Median Value $208,700

Median selected monthly owner costs -with a mortgage $1,470

Median selected monthly owner costs -without a mortgage $599

Median gross rent $1,026

Building Permits

New Private Housing Issued 2024 1,082

Years at Residence

1 Year or More 88.9%

Less Than 1 Year 11.1%

Business and Employment

Private non-farm Establishments 13,309

Private non-farm Employment 249,827

Private non-farm Employment Growth down 0.8%

Nonemployer Establishments 43,820

Number of Firms 9,566

Business Production

Value of Shipments $9,410,730,000

Wholesale Trade $9,120,214,000

Retail Trade $8,582,177,000

Retail Sales Per Capita $15,606

Accommodation and Food Services $1,190,062,000

Land

Land Area 412.75 sq. miles

Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,426.64 per month $1,063.09 Principal & Interest $303.17 Property Tax $60.38 Homeowner's Insurance

Change Payment Information

Real estate agents ready to serve you | Browse homes and real estate for sale

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:04:02 AM EST) or Dayton MLS (last updated Tue 05/19/2026 11:46:43 PM EST) or CBRMLS (last updated Tue 05/19/2026 11:59:31 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 05/19/2026 11:53:24 PM EST) or NKY MLS (last updated Tue 05/19/2026 11:28:23 PM EST) or Wrist MLS (last updated Tue 05/19/2026 11:24:22 PM EST) or Firelands MLS (last updated Tue 05/19/2026 11:11:40 PM EST) or MLS NOW (last updated Wed 05/20/2026 12:02:30 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

© MLS Now, INC - Northern Ohio Regional Multiple
Listing data compilation and photo(s) © 2026 - Multiple Listing Service, Inc. – All Rights Reserved
The photos may be altered, edited, enhanced or virtually staged.

The Cutler Real Estate® word mark is a registered trademark owned by Cutler and Associates, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility

180 Lake Terrace DriveMunroe Falls, OH 44262