$1,700,000

40163 Banks Rd Grafton, OH 44044

Estimated payment $10,458/month

Total Views 1,792
4 Beds
4.5 Baths
4,668 Sq Ft
$364 Price per Sq Ft

Highlights

  • Hot Property
  • Horse Property
  • Sauna
  • Stables
  • Above Ground Pool
  • 48.38 Acre Lot

About This Home

Discover country living at its finest on this spectacular 48.38 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 primary bedroom suite is truly exceptional, featuring dual en-suite bathrooms, spacious balcony, four closets, and built-in dressers. One bathroom boasts a shower and bidet with private dressing room, while the second offers an oversized jetted tub, sauna, and separate shower. A charming loft overlooks the great room, and the partially finished basement with egress window provides additional living possibilities. 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 w/practical amenities for an exceptional lifestyle opportunity. This listing also includes 40175 Banks Road.

Listing Agent

Michael Hignett

Northern Ohio Realty Brokerage Email: 440-366-0099, northernohiorealty@gmail.com License #2014000042 Listed on: 07/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,503

Year Built

  • Built in 1987

Lot Details

  • 48.38 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot
  • Additional Land

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Woodwork
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Entrance Foyer
  • Storage
  • Sauna
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Dual Closets
  • In-Law or Guest Suite
  • 4.5 Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub

Pool

  • Above Ground Pool
  • Outdoor Pool

Outdoor Features

  • Horse Property
  • Balcony
  • Deck
  • Wrap Around Porch

Farming

  • Farm
  • Agricultural

Horse Facilities and Amenities

  • Stables
  • Arena

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • White Oak Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,503

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1987
  • Attribution Contact: 440-366-0099, northernohiorealty@gmail.com
  • Horses: Yes
  • ResoLotFeatures: Agricultural, Additional Land Available, Farm, Horse Property, Irregular Lot, Pond on Lot, See Remarks, Wooded
  • ResoPoolFeatures: Above Ground, Outdoor Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: White Oak
  • Above Grade Finished Sq Ft: 4043.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: 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
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Wood Frames
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Partially Finished
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 625.0
  • Fireplace Features: Gas, Stone
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Dog Run, Gas Grill, Sprinkler/Irrigation
  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 48.38
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Other
  • Direction Faces: North
  • Patio And Porch Features: Deck, Wrap Around, Balcony

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Midview LSD - 4710

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: TBD
  • LandLeaseYN: No
  • Horse Amenities: Arena, Stable(s)

Tax Info

  • Tax Annual Amount: 12503.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $1,700,000 +112.5% $364 / Sq Ft
07/18/2025 07/18/25 For Sale $800,000 -- $171 / Sq Ft
Source: MLS Now

About the Listing Agent

Michael Hignett
Michael Hignett

Northern Ohio Realty

(440) 772-2676

Section Image

I'm an expert real estate agent with Northern Ohio Realty in Lorain County, OH and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

View Michael's Profile

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Source: MLS Now

MLS Number: 5141263

MLS Now

Ohio Lorain County Grafton 44044

40163 Banks Rd, Grafton, OH

This home is located at 40163 Banks Rd, Grafton, OH 44044 and is currently priced at $1,700,000, approximately $364 per square foot. This property was built in 1987. 40163 Banks Rd is a home located in Lorain County with nearby schools including Midview West Elementary School, Midview North Elementary School, and Midview Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Michael Hignett
Michael Hignett
Listing Agent Section Image
Northern Ohio Realty
(440) 772-2676