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Residential Land with Home for Sale in Malvern, Ohio

4015 Lace Rd NW, Malvern, OH 44644

$390,000
5 acres
Active
$205k drop
Est $2,413/mo

This spacious and updated property is a rare find in Malvern, Ohio! Sitting on 5 acres, this home offers flexibility and smart updates throughout. The main floor includes 3 bedrooms, 1.5 baths, the cathedral beamed ceilings add charm and character to the large living area, and an eat-in kitchen with peninsula. A bonus mudroom/flex room adds potential for office, playroom, or storage. Downstairs, you'll find a large family room, laundry, and an additional full bath-perfect for multi-generational living or entertaining. The garage space is unmatched: an attached 4-5 car garage, heated, finished, and equipped with a floor drain, plus a 40 X 74 detached outbuilding with electric and a concrete floor. Enjoy easy access to the backyard via three different exits, including a stone patio area off the main living area, kitchen walkout, and back door access-ideal for enjoying the above-ground pool and yard. Less than a mile from Lake Mohawk, a gated community with a 500 acre lake and unlimited horse power. Purchase a vacant lot for lake access and enjoy the best of both worlds! Key updates: Roof, Sky Lights, Furnace, and Central Air (2020); Septic (2018) New hot water heater (2025). Also includes woodburner and electric baseboard zone heating. House does have free natural gas, just isn't hooked up to it, but is ran to the house. Don't miss this unique, well-maintained property that offers space, flexibility, and functionality-inside and out!

2,504
Sq feet
3
Beds
2
Full baths
1
1/2 bath
1980
Built

Location

Street address
4015 Lace Rd NW
School district
Brown LSD - 1001
Elevation
1,185 feet
Coordinates
40.6663, -81.1715

Directions

Avalon Rd, property is on the corner of Avalon and Lace.

Property details

Acreage
5 acres
MLS #
NEOHREX 5146840
Posted

Property taxes

2023
$6,026 - 6 16 29 PT SE 16.123A (13.23A FORESTLAND)

Parcels

  • 03-0003097.000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Lot

Features
Wooded

Exterior

Parking
Driveway, Garage
Pool
Deck, Patio
Structures
Outbuilding

Structure

Style
Ranch
Stories
1
Water
Well
Sewer
Septic Tank
Heating
Baseboard, Electric, Forced Air, Propane
Cooling
Central Air
Materials
Brick
Roof
Asphalt, Fiberglass

Interior

Room Count
5
Rooms
Basement, Bathroom x 3, Bedroom x 3, Laundry Room
Appliances
Range, Refrigerator
Features
Beamed Ceilings, Cathedral Ceilings

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Oct 22, 2025Price drop$390,000$205,000 -34.5%NEOHREX
Sept 9, 2025Price drop$595,000$54,900 -8.4%NEOHREX
Aug 18, 2025Price drop$649,900$40,100 -5.8%NEOHREX
Aug 8, 2025New listing$690,000NEOHREX
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This 5-acre property is located at 4015 Lace Rd NW in Malvern, OH 44644. The property is available for sale for $390,000. It has a 2,504 sq ft 3 bedroom, 2 bath house built in 1980.

Checked 1 min ago — Updated

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