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12550 Lake Avenue Unit 1501-1507

Lakewood, OH 44107

3 beds
3 baths
2,352 sqft
4 sqft lot
$106 per sqft
1974 build
– on site

Welcome to your escape without leaving the city! This rare unit covers over 2000 sqft of living space, and has a huge living room with spectacular views of the lake and downtown Cleveland. This home and the amenities it comes with is made for entertaining and escaping the stress of your day. Enjoy the peace and relaxation that the enormous master bedroom offers along with its walk out balcony to see the sunrise in the morning along with his and hers walk in closets. But don't forget your entertainment is not limited to your unit! Head down the elevator or stairs if you feel adventurous and choose between the workout center, heated indoor pool, the outdoor pool, racquetball, or hot tub. But you also can exercise your mind with the game room that offers a chess board, pool table, or choose from one of the many books available to read. All this with great shopping and restaurants nearby and 24/7 security to great you with a smile every time you come home!

Listing courtesy of MLS_NOW / Russell Real Estate Services

Last checked: Checking… • Last updated Jul 2, 2025 •

MLS# 5135823 —

The Building

Year Built:

1974
Year Built Source:

PublicRecords
Builder Name:

The Meridian
Construction Materials:

Glass,MetalSiding,Concrete
Architectural Style:

HighRise
Unit Number:

1501-1507
Roof:

Other
Foundation:

Other
Levels:

One
Entry Level:

1501
Stories:

1
Stories Total:

1
Basement:

CommonBasement
Basement:

false
Window Features:

AluminumFrames
Patio And Porch Features:

Balcony
Direction Faces:

East
Above Grade Finished Area:

2352.0
Above Grade Finished Area Source:

PublicRecords

Interior

Interior Features:

CeilingFans,Chandelier,EatInKitchen,Elevator,HisAndHersClosets,MultipleClosets
Rooms Total:

8
Accessibility Features:

GripAccessibleFeatures
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

2352.0
Living Area Units:

SquareFeet

Financial & Terms

Possession:

DeliveryOfDeed

Location

Directions:

traveling on I90 take exit 166 for 117th street and head North for just over 1.5 miles and turn left on lakeside ave heading west. Then half mile on your right you will see the Meridian.
Longitude:

-81.777656
Latitude:

41.492589

The Property

Property Type:

Residential
Property Attached:

true
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Parcel Number:

312-08-464
Lot Features:

LakeErieFront,LakeFront
Lot Size Acres:

4.7027
Lot Size Area:

4.7027
Lot Size Units:

Acres
Lot Size Source:

Assessor
Frontage Type:

Lakefront
Waterfront:

true
View:

true
View:

City,Lake,Pool
Fencing:

None
Exterior Features:

Balcony
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

21 MERIDIAN COND .496% 1507
Tax Annual Amount:

$10,441.44

Beds

Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Total Baths:

3
Full Baths:

2
Half Baths:

1
Main Level Baths:

3

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/12550-Lake-Avenue-Lakewood-OH-44107--5135823/unbranded

Heating & Cooling

Heating:

ForcedAir
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
Laundry Features:

InUnit

Schools

Elementary School District:

Lakewood CSD (Cuyahoga)- 1817
Middle School District:

Lakewood CSD (Cuyahoga)- 1817
High School District:

Lakewood CSD (Cuyahoga)- 1817

The Community

Subdivision Name:

Meridian Condo
Community Features:

PublicTransportation
Association:

false
Association Fee Includes:

AssociationManagement,Gas,Heat,Insurance,MaintenanceGrounds,MaintenanceStructure,Parking,ReserveFund,Sewer,SnowRemoval,Security,Trash,Water
Association Fee 2 Frequency:

Monthly
Pool Private:

true
Pool Features:

Heated,Indoor,InGround,OutdoorPool,SaltWater
Waterfront Features:

LakeFront
Pets Allowed:

Yes

Parking

Parking Features:

Assigned,Underground,Garage,OffSite,OnSite,Paved
Garage Spaces:

2.0
Garage:

true
Attached Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$249,900

Expense	Monthly cost
Mortgage	$1,338
Taxes	$870
Insurance	$68
Utilities	$150 See report
Total	$2,426/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
7/1/25 Jul 1, 2025	Listed / Active	MLS_NOW	$249,900
6/10/24 Jun 10, 2024	Price Changed	MLS_NOW
5/14/24 May 14, 2024	Listed / Active	MLS_NOW

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This condo located in Gold Coast, Lakewood, OH 44107 is currently for sale for $249,900. 12550 Lake Avenue Unit 1501-1507 is a 2,352 square foot condo with 3 beds and 3 baths that has been on Estately for 1 days. 12550 Lake Avenue Unit 1501-1507 is in the Gold Coast neighborhood of Lakewood and has a WalkScore® of 40, making it car-dependent. This condo is in the attendance area of Emerson Elementary School, Garfield Middle School, and Lakewood High School.

Listing Courtesy of: MLS_NOW and Russell Real Estate Services.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively 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. All information provided is deemed reliable but is not guaranteed.