$1,389,000
PENDING

4618 Rex Lake Dr New Franklin, OH 44319

Estimated payment $8,443/month

Total Views 3,109
4 Beds
5 Baths
4,429 Sq Ft
$314 Price per Sq Ft

Highlights

  • Lake Front
  • Colonial Architecture
  • Deck
  • Lake Privileges
  • Property is near a clubhouse
  • Cathedral Ceiling

About This Home

Welcome to this stunning custom-built lakefront home with 233 ft of private frontage on Turkeyfoot Lake & over 4,400 square ft of finished living space across 4 well-designed levels. Perfectly positioned, this exceptional home captures unobstructed, year-round views of the lake from nearly every floor, blending timeless architecture, & purposeful design—ideal for entertaining, hosting, or multi-generational living.
The heart of the home is the impressive two-story living room, where dramatic floor-to-ceiling windows bring in natural light and frame expansive lake views. A gas fireplace adds warmth, while direct access to the full, multi-tiered deck allows for seamless indoor-outdoor living. Off the living room, a private gazebo offers a quiet, shaded retreat surrounded by manicured landscaping. A formal dining room is ideal for gatherings and sits adjacent to the eat-in kitchen—equipped with granite counters, a walk-in pantry, two-story windows, and generous workspace. Upstairs, the primary suite provides privacy and comfort, with a walk-in closet and en-suite bath. Two additional bedrooms share a full bath, and the convenient second-floor laundry adds everyday function. A separate third-floor guest suite offers a private sitting area, electric fireplace, and a spa-like bath with a jacuzzi tub for two—making it ideal for long-term guests, live-in relatives, or visiting family. The finished walk-out lower level includes a great room with wood-burning fireplace, wet bar with dishwasher, half bath, and a private entrance.
Outside, enjoy a beautifully maintained courtyard, large boathouse with porch-style seating, & private boat slip. Recognized for its architectural appeal and legacy, this home was featured on the cover of Overton Magazine (2002), noted in People, Places & History of Summit County, and featured by America’s Castles in 2015.
This is more than a home—it’s a rare lakefront opportunity in one of Northeast Ohio’s most cherished waterfront communities.

Listing Agent

Donna Jean Whaley

RE/MAX Oasis Dream Homes Brokerage Email: djwhaley3408@gmail.com License #2013000656 Listed on: 06/30/2025

RE/MAX Oasis Dream Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,502

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped
  • Pie Shaped Lot
  • Sloped Lot
  • 2601610
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Golf Cart Garage

Property Views

  • Water
  • Trees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Asphalt Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 4,429 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Entrance Foyer

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Lake Privileges
  • Deck
  • Terrace

Location

  • Property is near a clubhouse

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • A J Heiman Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2601608

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,502

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Attribution Contact: djwhaley3408@gmail.com
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Close to Clubhouse, Cul-De-Sac, Dead End, Lake Front, Landscaped, Pie Shaped Lot, Sloped, Split Possible, Waterfront
  • Reso View: Lake, Trees/Woods, Water
  • Subdivision Name: A J Heiman Sub
  • Above Grade Finished Sq Ft: 4429.0
  • Architectural Style: Contemporary, Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Wet Bar, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry, Soaking Tub, Bar, Jetted Tub
  • Unit Levels: Three Or More
  • Reso Property Condition: Unknown
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Finished, Walk-Out Access, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 3

Exterior Features

  • Exterior Features: Boat Slip, Garden, Dock
  • Roof: Asphalt
  • Acres: 0.5
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Cedar
  • Patio And Porch Features: Deck, See Remarks, Terrace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Garage, Golf Cart Garage, Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Coventry LSD - 7704

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 2601608
  • LandLeaseYN: No
  • Additional Parcels Description: 2601610

Tax Info

  • Tax Annual Amount: 10502.0

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,201 $198,976 $45,525 $153,451
2024 $12,201 $198,976 $45,525 $153,451
2023 $12,201 $254,689 $45,525 $209,164
2022 $8,063 $147,400 $30,552 $116,848
2021 $8,005 $146,248 $29,400 $116,848
2020 $9,491 $176,430 $29,400 $147,030
2019 $8,451 $146,250 $26,500 $119,750
2018 $8,357 $146,250 $26,500 $119,750
2017 $7,972 $146,250 $26,500 $119,750
2016 $7,858 $129,420 $26,500 $102,920
2015 $7,972 $129,420 $26,500 $102,920
2014 $7,990 $129,420 $26,500 $102,920
2013 $7,455 $123,240 $26,500 $96,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Pending -- -- --
06/30/2025 06/30/25 For Sale $1,389,000 -- $314 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $319,000 New Conventional
Closed $328,000 New Conventional
Closed $300,000 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $111,000 Credit Line Revolving
Source: Public Records

Source: MLS Now

MLS Number: 5135592

MLS Now

APN: 26-01608