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Home for Sale at 162 Lake Terrace Drive in Munroe Falls, OH for $279,900

Listing data last changed 06/28/2026 - 4:56pm
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162 Lake Terrace Drive | Munroe Falls

$279,900 | 3 Beds | 4 Baths (3 Full, 1 Half) | 1,776 Sq. Ft.

Welcome to 162 Lake Terrace Dr. in the highly sought-after Silver Valley Condominiums of Munroe Falls! This beautifully maintained 3-bedroom, 3.5-bath condo offers 1,776 sq. ft. of comfortable living space with an abundance of natural light throughout. From the moment you enter, you will appreciate the bright and open feel created by the numerous skylights and thoughtfully designed layout.\r\n\r\nThe updated kitchen features newer appliances and opens seamlessly to the living room, complete with a cozy fireplace and access to the inviting sunroom \u2014 the perfect space to relax and enjoy the natural surroundings. The main level also offers a spacious family room, a convenient half bath, and plenty of room for entertaining.\r\n\r\nUpstairs, you\u2019ll find the primary suite featuring a private bathroom and walk-in closet. The second bedroom is generously sized and includes its own private bathroom, offering comfort and privacy for guests or family members. The finished lower level adds even more living space with an additional bedroom, full bathroom, and a finished laundry room.\r\n\r\nEnjoy the convenience of a 2-car garage, a welcoming front deck, and a location that puts you close to shopping, restaurants, grocery stores, and the popular Bike \u0026 Hike Trail. Located in one of the area\u2019s most desirable condo communities, this Silver Valley gem offers low-maintenance living with plenty of space, updates, and natural beauty. Don\u2019t miss your opportunity to call this home! MLSNow 5222432 Directions to property: Route 91 (Main St./Darrow Rd.) to Silver Valley Blvd; turn onto Silver Valley Blvd and continue into the Silver\r\nValley Condominiums community. Follow Silver Valley Blvd to turn right onto Lake Terrace Dr.

MLS Listing ID: 
MLSNow 5222432
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$279,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Condominium
Primary Market Area: 
Munroe Falls
Address: 
162 Lake Terrace Drive, Munroe Falls, OH 44262
County: 
Summit
Latitude: 
41.1480610
Longitude: 
-81.4440540
Directions: 
Route 91 (Main St./Darrow Rd.) to Silver Valley Blvd; turn onto Silver Valley Blvd and continue into the Silver\r\nValley Condominiums community. Follow Silver Valley Blvd to turn right onto Lake Terrace Dr.
Public Remarks: 
Welcome to 162 Lake Terrace Dr. in the highly sought-after Silver Valley Condominiums of Munroe Falls! This beautifully maintained 3-bedroom, 3.5-bath condo offers 1,776 sq. ft. of comfortable living space with an abundance of natural light throughout. From the moment you enter, you will appreciate the bright and open feel created by the numerous skylights and thoughtfully designed layout.\r\n\r\nThe updated kitchen features newer appliances and opens seamlessly to the living room, complete with a cozy fireplace and access to the inviting sunroom \u2014 the perfect space to relax and enjoy the natural surroundings. The main level also offers a spacious family room, a convenient half bath, and plenty of room for entertaining.\r\n\r\nUpstairs, you\u2019ll find the primary suite featuring a private bathroom and walk-in closet. The second bedroom is generously sized and includes its own private bathroom, offering comfort and privacy for guests or family members. The finished lower level adds even more living space with an additional bedroom, full bathroom, and a finished laundry room.\r\n\r\nEnjoy the convenience of a 2-car garage, a welcoming front deck, and a location that puts you close to shopping, restaurants, grocery stores, and the popular Bike \u0026 Hike Trail. Located in one of the area\u2019s most desirable condo communities, this Silver Valley gem offers low-maintenance living with plenty of space, updates, and natural beauty. Don\u2019t miss your opportunity to call this home!
Community Information
School District: 
Stow-Munroe Falls CS - 7714
Subdivision: 
Silver Valley Condo
Association Fee: 
$320
Building Details
Details about the building on a property.
Architectural Style: 
Contemporary
Year Built: 
1986
Living Area: 
1,776
Basement: 
Full,Finished
Construction
Construction Materials: 
Stucco
Roof: 
Asphalt,Fiberglass
Porch: 
Rear Porch,Enclosed,Front Porch,Patio,Porch
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
4
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.04
Lot Size (Area): 
0.04
Lot Features
Parking Type: 
Concrete,Driveway,Electricity,Garage,Garage Door Opener
Pool: 
None
Additional Details
Appliances: 
Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
Public Record
Parcel Number: 
5802097
Annual Tax: 
$3,836.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
HOA Disclosure
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Chervenic Rlty

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