40163 Banks RoadGrafton, OH 44044

40163 Banks RoadGrafton, OH 44044

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$1,650,000 Active
Residential - Single Family MLS 5141263
4 beds 4 full baths 1 partial baths 4,668 sqft

Listed By

Agency Name: Northern Ohio Realty
Agency Contact: 440-366-0099, northernohiorealty@gmail.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Discover country living at its finest on this spectacular 48.17-acre farm property that perfectly blends rustic charm with modern luxury. This impressive 4-bedroom, 4.5-bathroom home spans 4,043 square feet and offers everything you need for comfortable family living or entertaining guests.The heart of the home features a stunning great room with soaring 2-story ceilings, stone chimney, and cozy fireplace anchoring a sunken 12x12 conversation area where good times naturally gather. The chef's kitchen is a culinary dream with granite countertops, commercial 6-burner range with griddle, and dual ovens ready for any cooking adventure. The separate in-law suite includes a 12x15 living room, 12x8 kitchen, full bathroom, and private deck for independent living arrangements. Outside, you'll find incredible amenities including a wrap-around deck, swimming pool, dog run, and peaceful pond. The 10-stall horse stable with wash rack and massive 80x180 indoor arena barn with 3 additional stalls make this property perfect for equestrian enthusiasts. The 50x120 steel pole barn shop features a lift, concrete floors, 20-foot ceilings, and dual roll-up doors. Multiple pastures with electric fencing provide flexibility for livestock or agricultural pursuits. This former grass-fed beef ranch sits privately back from the road, offering tranquil country living while maintaining convenient access. With Midview High School nearby, this property combines rural serenity with practical amenities for an exceptional lifestyle opportunity. This all includes a Large home, pond, Farm with a Barndominium/Apartment, shop barn, Riding Arena, and 10 stall stable

40163 Banks Road | MLS# 5141263

This single family home located at 40163 Banks Road, Grafton, OH 44044 is currently listed for sale with an asking price of $1,650,000. This property was built in 1987 and has 4 bedrooms and 4 full and 1 partial baths with 4668 sq. ft. Banks Road is located in the White Oak subdivision within the Midview Local school district. Search White Oak real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Partially Finished
Cooling: Central Air
Days on Market: 301
Fireplaces: 2
Garage: 3 car attached
Heating: Gas
Home Style: Contemporary, Colonial, Other
Lot Size: 47.96 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $11,504 / year
Year Built: 1987

Amenities

Beamed Ceilings
Wet Bar
Bookcases
Bidet
Built-in Features
Cedar Closet(s)
Ceiling Fan(s)
Cathedral Ceiling(s)
Entrance Foyer
Eat-in Kitchen
Granite Counters
His and Hers Closets
In-Law Floorplan
Multiple Closets
Pantry
Recessed Lighting
Storage
Sauna
Vaulted Ceiling(s)
Natural Woodwork
Jetted Tub
Balcony
Dog Run
Gas Grill
Sprinkler/Irrigation

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Fencing: Chain Link
Fireplace: Gas, Stone
Horse Amenities: Arena, Stable(s)
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Main Level
Lot: Agricultural, Additional Land Available, Farm, Horse Property, Irregular Lot, Pond on Lot, See Remarks, Wooded
Parcel#: TBD
Parking: Attached, Circular Driveway, Garage, Garage Door Opener
Patio/Porch: Deck, Wrap Around, Balcony
Pool: Above Ground, Outdoor Pool
Security: Smoke Detector(s)
Sewer: Public Sewer, Septic Tank
Swimming Pool: Yes
Water: Public
Window: Double Pane Windows, Wood Frames

Room Sizes

Recreation: 20 X 29 Level - Lower
Other: 12 X 15 Level - First
Loft: 14 X 17 Level - Second
Laundry: 12 X 12 Level - First
Entry/ Foyer: 12 X 18 Level - First
Bonus Room: 9 X 11 Level - Second
Additl. Living Suite: 12 X 14 Level - First
Bedroom: 14 X 17 Level - Second
Bedroom: 12 X 12 Level - Second
Primary Bedroom: 21 X 16 Level - Second
Dining Room: 21 X 15 Level - First
Eat-in Kitchen: 11 X 28 Level - First
Great Room: 25 X 25 Level - First

Local Schools

School District: Midview Local

Source: Delta Media Group, Inc.

Demographics

Lorain County Demographic Information for 40163 Banks Road, Grafton, OH 44044
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 9,913.85 per month $8,473.94 Principal & Interest $958.67 Property Tax $481.25 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage