5,000 Square Foot Ohio Mansion for $885,000

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By Douglas A. McIntyre Updated Published
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5,000 Square Foot Ohio Mansion for $885,000

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The most visited listing at Reator.com is a huge home in Batavia Township, Ohio, just west of Cincinnati. At nearly 5,000 square feet, it comes with 5.5 acres and a price tag of $885,000.

Batavia Township has just over 23,000 residents. This house at 3925 State Rt. 222 is substantially more expensive than most in the township, where the median listing price for homes is $164,670, or $93 per square foot. The comparable number for this house is $190 per square foot.

The exact specifications for the home are that it has four bedrooms, five full and one half bath, 4,667 square feet and 5.51 acres. Google Earth shows that part of the area nearby is deeply wooded.

The house was built in 1998 and has that ugly “new build, mini-mansion” look. The pool is kidney shaped. There is a walk-out basement. It has a mundane island kitchen. The house also has a screened in porch and one of those widely desired first floor master suites with its own exit to the pool.

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The entire housing is boring, but at least close enough to downtown.

Realtor.com comments:

Want a whole lot of house? Head to the Midwest, location of this week’s most popular home on realtor.com. A traditional contemporary in Batavia Township, OH, had the internet abuzz over all other domiciles.

And we can see why: With almost 5,000 square feet on 5 acres, a heated garage, and a separate barn, it’s either a “car enthusiast’s or nature lover’s paradise,” according to the listing. Or, we might add, a golfer’s dream house, given its proximity to Elks Run Golf Course.

As for the listing itself:

The 4,667-square-foot house features four bedrooms and 5.5 bathroom. The master suite has a sitting area that opens out to a heated pool. The property also includes an open kitchen and family space, a screened-in porch, a gazebo, and a stocked pond, which is right by a golf course. There’s also plenty of room for all your rides, with both a detached garage and a barn.

With 20% down ($177,000) and a 30-year fixed rate at 3.43%, only $4,428 a month for the mortgage, taxes and insurance. A pretty good deal, if someone wants a “new build.”

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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