1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States. - Hero Image
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1491
Vesta Road
Wakeman | Ohio

Where Roosters

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Mathew Chase
Mathew Chase
Presented At
$1,300,000
Bedrooms
3
Bathrooms
4
Living
1,900
SQFT
1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States. - Photo 1
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1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States. , Wakeman , Ohio 44889

Residential Wakeman

Secluded upscale county living on 50acre property with 42acres of park like woods, hasn't been timbered since the 1920's, w/4 wheeler/walking trails. Property features approx 700' road frontage, 43 min to CLE Airport and 55min commute to downtown. Everything is upgraded, professionally installed drainage throughout, 2acres stocked pond, over water gazebo, slate fire feature, elevated 1/2mile dog walking trail surrounds the yard area. Extra deep 4+ car heated finished garage(additional 200amp service available), upstairs rec room/ in-law suit, Full Bath, English Pub canopy bar. Service barn has 2 stalls w/dutch doors and fenced in horse corral. White Cedar 3 bed 4 full bathroom Therm-a-log home built is built on 2x6 conventional frame providing exceptional R-values without the settling issues of traditional log construction. All buildings have 3 coats of wood guard exterior stain. Home includes wrap around (10'back, 8' front) deep porches, drop down sun shades, covered outdoor grilling/kitchen area and swinging porch bed. Main house boasts first floor master, vaulted ceilings, loft w/full bath, Granite countertops w/ custom backsplash, stainless steel appliances. Full 13 course block basement includes bedroom, full bathroom, egress exit stairs, dual HVAC systems w/ April air. Check out 3D tour for additional amenities and upgrades to numerous to mention here. As a rural retreat or full time country lifestyle this unque property is a must see!

Gallery

3D Street View Tour

Map showing 1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States.

Property Location

1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States., Wakeman Ohio

Local Weather & Climate

Wakeman, Ohio

Current Conditions Updated recently
23 °F
Scattered clouds
Feels Like 10°F
Humidity 73%
Wind 16 mph
Visibility 6.2 mi
Sunrise 11:38 AM
Sunset 11:37 PM
5-Day Forecast
Tue 17 Mar
Clouds
High 27°
Low 22°
Wed 18 Mar
Clouds
High 36°
Low 21°
Thu 19 Mar
Clouds
High 50°
Low 32°
Fri 20 Mar
Clouds
High 53°
Low 34°
Sat 21 Mar
Clouds
High 61°
Low 39°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Wakeman?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

$
%
$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Premium 4.4× median

Our perspective on current market conditions in Wakeman. For informational purposes only — always consult a licensed real estate professional before making decisions.

Good Time to Buy
Market conditions favor buyers. Consider making a move.
70
Buyer Score
Prices are down 16.3% year-over-year

Local Market Price Trends

Median home sale prices in Wakeman, Ohio — ZIP code 44889 over the last 24 months. This shows how property values in this neighborhood have changed over time, helping you understand whether the market is appreciating, stable, or cooling.

This property is listed at $1,300,000
Area median: $294,950
-16.3% year-over-year (well below the 3.5% historical avg)

Market Competition

44 days
Days on Market
Above typical
98.1%
Sale-to-List Ratio
Below asking

Future Value & Wealth Building

Starting investment: $1,300,000 20% down ($260,000)

42.4 years
Double Your Investment
Based on current market trends, your property value could double
$638,533
10-Year Equity
Your potential equity after 10 years of payments and appreciation
$6,919
Monthly Investment
Estimated monthly mortgage payment (principal & interest)
$2,123,356
30-Year Wealth Potential
Total equity after full mortgage payoff with market appreciation
2.5x
Leverage Power
Your $260,000 down payment could grow to $638,533 in equity (10 yrs)
Investment Perspective
$ $ $
$1 → $1.18
Every dollar invested today could become $1.18 in 10 years
$100 → 118 $1,000 → $1,178
+$59
$59/day
Your home may appreciate while you sleep
$412/week $1,786/mo $21,436/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$189K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -27% advantage over stocks
RENT 💸 -$715K
vs
OWN 📈 +$639K
$639K Potential Equity
vs $715K lost to rent over 10 years
$260K Down Payment Growth
2.5x
10yr
$639K
4.6x
20yr
$1.2M
8.2x
30yr
$2.1M
Wealth Comparison
×5
Equivalent to 5 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $2.1M
Time to Double Your Investment (accounting for market cycles)
60.5
years
Conservative
1.15% effective/yr
26.6
years
Optimistic
2.64% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $1.5M +12%
Market $1.5M +18%
Optimistic $1.7M +30%
$639K est. equity
20 Years
Conservative $1.6M +26%
Market $1.8M +39%
Optimistic $2.2M +68%
$1.2M est. equity
30 Years
Conservative $1.8M +41%
Market $2.1M +63%
Optimistic $2.8M +119%
$2.1M est. equity

Historical Market Context

How current appreciation compares to long-term averages

National Long-Term Average
4.27 %
1967 – 2024
57 years of U.S. home price data
Recent Decade Average
6.5 %
2014 – 2024
Post-recovery bull market
Opportunity Zone
Current 2.5% appreciation is below the national historical average. This market may offer value opportunities.

Projections account for historical market cycles (~12% corrections every 6 years). Effective annual growth after corrections: 1.6%. Market scenario reflects current 2.5% YoY trend from Redfin (Feb 2026). These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from U.S. Census Bureau, World Bank, Zillow, and Redfin | Market data updated Feb 2026

Neighborhood Demographics

ZIP 44889 • 2022 ACS Data

6,735 Population
Median Age: 46.0
$79,375 Median Income
Above Average
$211,000 Median Home Value
Rent: $948
13.2% College Graduates
Below Average

Housing

Homeowners 75.2%
Renters 13.7%
Vacancy Rate 11.1%

Employment

4.1% Unemployment
4.5% Work From Home

Education Attainment (Age 25+)

High School+ 90.4%
Bachelor's+ 13.2%
Graduate+ 3.5%
Data from U.S. Census Bureau American Community Survey 2022

Frequently Asked Questions

Common questions about this property

This house at 1491 Vesta Road, Wakeman, OH 44889, Wakeman, Ohio, United States features 3 bedrooms with 1,900 square feet of living space.
This property offers 1,900 square feet of living space.
This property is listed at $130,000,000, which equals $68421 per square foot.
In Wakeman, home prices have decreased 16.3% over the past year, homes typically sell within 44 days, it's currently a unknown. These market conditions can affect pricing strategies and negotiation opportunities.
Based on current market indicators, Wakeman shows an active market. The market opportunity score is 70 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Wakeman, Ohio. The property is situated in an established neighborhood with convenient access to local amenities and services.
Mathew Chase

Mathew Chase

Keller Williams Greater Metropolitan

License #01818285

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Keller Williams Greater Metropolitan

Keller Williams Greater Metropolitan

Keller Williams Greater Metropolitan

View Full Profile

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