12550 Lake Avenue 503, Lakewood, OH 44107
The Meridian · Cuyahoga County
Key Facts
Description
Welcome to this beautifully renovated condo at the Meridian on the shores of Lake Erie, where thoughtful design and high end finishes create an exceptional living space along Lakewood’s Gold Coast. As you enter, a warm and calming color palette immediately sets the tone. Elegant 8 mm Sugar Sand luxury vinyl plank flooring with cork backing extends throughout the home, offering durability, comfort, and a seamless look across the living areas. The redesigned kitchen features quartz countertops, soft close cabinetry, a white porcelain mosaic backsplash, and Forum Silver porcelain ceramic flooring. Additional highlights include a 16 gauge undermount stainless steel sink, fingerprint resistant stainless steel appliances, and a Calhome Japanese natural wood sliding barn door that adds architectural character. Every interior door has been upgraded to Shaker style one panel solid core slab doors, enhancing the clean and sophisticated aesthetic throughout the home. Both bathrooms have been thoughtfully reimagined with quality materials and attention to detail. The guest bath features a Sottile 36 inch floating vanity finished in natural white oak, while the primary suite offers a 48 inch vanity in the same finish. Frameless pivot mirrors and Yaquina LED sconces in oil rubbed bronze create a modern and elegant feel. The guest tub has been professionally refinished, while the primary suite includes a spa inspired walk in shower. Porcelain ceramic tile finishes the tub surround, shower, and flooring for a cohesive luxury design. Horow one piece dual flush toilets complete the updates. Enjoy beautiful views of Lake Erie from the living room and bedrooms. The Meridian offers a lifestyle defined by lakefront living and convenience. You’ll be minutes from Lakewood’s vibrant dining scene, with quick access to major freeways connecting you to The Cleveland Cilinic and University Hospital networks, Edgewater Park, the Ohio & Erie Canal Towpath Trail + downtown Cleveland!
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
High Rise, Multiplex
Year Built
1974
Stories
18
Living Area
1,176 sq ft
Lot Size
4.70 acres
Garage Spaces
1
Days on Market
59
MLS® Listing#
5192558
Property Features
Interior
Cooling
Heating
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Roof
Community
Sewer
Water Source
Rooms
- 12 x 8First
- 18 x 13First
- Bedroom13 x 13First
- Dining Room14 x 9First
- Living Room22 x 12First
Financial Details
HOA
None
Annual Taxes
$3,517
Tax year 2025
Parcel Number
312-08-346
Directions
W 117th to Lake Ave
Affordability Calculator
$52,400
Estimated monthly payment
$1,394/mo
Principal $209,600 · Est. interest $292,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lakewood, OH
- $319,444
- Median Listing Price
- 27
- Median Days on Market
- 1,737
- Median Sq Ft
- $180
- Median Price / Sq Ft
- 115
- Active Listings
- This home’s price is 18% below the area median.
- Its price per sq ft is 24% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lakewood, OH.
Location
Points of Interest in Lakewood, OH
Showing the Lakewood area map.
Nearby Schools
Emerson Elementary School
Elementary · 0.4 mi away
Lakewood City Schools
School · 0.5 mi away
Garfield Middle School
Secondary · 0.5 mi away
St Edwards High School
Secondary · 0.6 mi away
Green & Gold Shop at St. Edward High School
Secondary · 0.6 mi away
Horizon Education Centers
School · 0.7 mi away
Lake Erie International High School
Secondary · 0.8 mi away
Northwest School of the Arts
Elementary · 0.9 mi away
Franklin Elementary School
Secondary · 0.9 mi away
Padre Pio Academy
School · 1.1 mi away
Lakewood High School
Secondary · 1.1 mi away
Harrison Elementary School
Elementary · 1.2 mi away
The Gerson School
Elementary · 1.3 mi away
Louisa May Alcott Elementary School
Elementary · 1.3 mi away
Lakewood City Schools
School · 1.4 mi away
Grant Elementary School
Elementary · 1.4 mi away
Cleveland Spanish School
School · 1.4 mi away
Lakewood Lutheran School
Secondary · 1.5 mi away
Lincoln Elementary School
Elementary · 1.5 mi away
Roosevelt Elementary School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12966 Clifton Boulevard 100, Lakewood, OH | $185,000 | 1 | 1 | 900 |
| 12520 Edgewater Drive, Lakewood, OH | $187,500 | 3 | 3 | 1,558 |
| 12900 Lake Avenue 1208, Lakewood, OH | $199,000 | 1 | 1 | 854 |
| 1594 Victoria Avenue, Lakewood, OH | $199,900 | 4 | 2 | — |
| 1628 Cohassett Avenue, Lakewood, OH | $200,000 | 3 | 1 | 1,536 |
| 11915 Franklin Boulevard, Lakewood, OH | $229,000 | 2 | 1 | 974 |
Moving Cost Estimate
EXIT Agents in Lakewood
Listing Courtesy: Howard Hanna - gregfusco@howardhanna.com, 216-308-4818
Last Updated: 2026-03-26