162 Lake Terrace Drive
Munroe Falls, OH, 44262
Price$279,900
Beds3
Baths4
SqFt1,776
Baths4
SqFt1,776
Status:Active
Property Type:Residential
School:Stow-Munroe Falls CS – 7714
Property Type:Residential
School:Stow-Munroe Falls CS – 7714
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.
The updated kitchen features newer appliances and opens seamlessly to the living room, complete with a cozy fireplace and access to the inviting sunroom — 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.
Upstairs, you’ll 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.
Enjoy 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 & Hike Trail. Located in one of the area’s most desirable condo communities, this Silver Valley gem offers low-maintenance living with plenty of space, updates, and natural beauty. Don’t miss your opportunity to call this home!
| Price | $279,900 | |
| Bedrooms | 3 | |
| Full Baths | 3 | |
| Half Baths | 1 | |
| Total Baths | 4 | |
| Property Style | Contemporary | |
| Lot Size Area | 0.0408 | |
| Lot Size Area Units | Acres | |
| Acres | 0.0408 | |
| Property Type | Residential | |
| Sub type | Condominium | |
| MLS Sub type | Condominium | |
| Year Built | 1986 | |
| Fireplaces | 1 | |
| Subdivision | Silver Valley Condo | |
| Roof | Asphalt, Fiberglass | |
| Heating | Forced Air, Gas | |
| Accessibility | None | |
| Laundry Features | In Basement,Lower Level | |
| Pool features | None | |
| Parking Description | Concrete, Driveway, Electricity, Garage, Garage Door Opener | |
| Garage spaces | 2 | |
| Association Name | Silver Valley Condo | |
| Association Fee | 320 | |
| Directions | Route 91 (Main St./Darrow Rd.) to Silver Valley Blvd; turn onto Silver Valley Blvd and continue into the Silver Valley Condominiums community. Follow Silver Valley Blvd to turn right onto Lake Terrace Dr. |
|
| County | Summit | |
| Latitude | 41.148061 | |
| Longitude | -81.444054 | |
| Address | 162 Lake Terrace Drive, Munroe Falls, OH 44262 | |
| Postal Code | 44262 | |
| City | Munroe Falls | |
| State | OH | |
| Country | United States | |
| Listing Office | Keller Williams Chervenic Rlty | |
| Listing Office Phone | 330-686-1644 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Brent Chervenic | |
| Listing Agent Phone | 330-802-0899 | |
| Attribution Contact | [email protected], 330-802-0899 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | Standard | |
| Terms | Cash,Conventional,VA Loan | |
| District | Stow-Munroe Falls CS – 7714 | |
| Days on market | 12 | |
| MLS Status | Active | |
| Listing Last Modified | Jul 7, 2026 | |
| Tax ID | 5802097 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 3836 | |
| MLS # | 5222432 | |
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