Painesville Homes under $400,000

Welcome to Painesville, Ohio, a charming city nestled in Lake County, where the beauty of nature meets the warmth of a close-knit community. Known for its rich history and vibrant culture, Painesville offers residents a delightful blend of suburban tranquility and urban convenience. With its picturesque parks, scenic waterfront along Lake Erie, and a variety of recreational activities, this region is perfect for families, young professionals, and retirees alike.

Painesville boasts a diverse array of homes, making it an ideal destination for homebuyers seeking affordability without compromising on quality. With numerous properties available under $400,000, you can find a perfect match for your lifestyle and budget. From cozy single-family homes to charming townhouses, each residence reflects the area's unique character and charm. Many homes feature spacious yards, modern amenities, and easy access to local schools and shopping centers, ensuring that you have everything you need right at your fingertips.

In addition to its beautiful homes, Painesville is known for its friendly community spirit and active lifestyle. Enjoy leisurely strolls through historic downtown, where you’ll discover local boutiques, eateries, and cultural events that celebrate the town's heritage. With excellent schools, beautiful parks, and a strong sense of community, Painesville is not just a place to live; it’s a place to call home.

Explore the possibilities of homeownership in Painesville, where your dream home awaits!

Newest Painesville Homes under $400,000

$345,000

3 Beds ⋅ 2 Baths ⋅ 5254531 MLS

Why build new when you can own this 2024 custom-built ranch by one of the area's premier builders, complete with upgrades that would be impossible to duplicate at today's construction costs? This 3-bedroom, 2-full-bath home is available for immediate occupancy and offers single-floor living, an attached 2-car garage and an extensive list of quality finishes and improvements from custom woodworking and wrot iron railings not usually available at this price point. Starting outside, you'll appreciate the covered front porch with natural wood columns, custom exterior lighting and attractive landscaping. Inside, the owners have gone well beyond standard builder finishes with upgraded real wood doors, custom wood trim around windows and doors, wide-plank luxury vinyl flooring, upgraded ceiling fans and lighting fixtures, and 1½-inch custom window blinds throughout. The entryway features a built-in bench with coat hooks and shoe storage. The living and dining areas feature vaulted ceilings, recessed lighting and additional windows for increased natural light. The kitchen includes quartz countertops, decorative tile backsplash, undermount stainless steel sink, built-in microwave, pantry and a Frigidaire Gallery TwinTech refrigerator with multiple storage drawers. The primary bedroom has direct access to the rear deck through sliding glass doors, a custom walk-in closet system and a bathroom featuring double-bowl vanities and a 6-foot walk-in shower finished with upgraded glass tile. All three bedrooms, two full bathrooms and laundry are conveniently located on the main floor. The laundry includes high-end GE front-loading washer and dryer with smartphone controls. Built with 10-course basement foundation walls for additional ceiling height and future finished living space. A full bathroom rough-in is already in place, Trane High-efficiency Furnace and On-Demand Water Heater

73 E South Street, Painesville

$174,900

2 Beds ⋅ 1 Baths ⋅ 5257256 MLS

Set right off the beaten path sits a completely updated home on an acre, offering a private, peaceful setting for those seeking comfort and room to spread out. The property features a spacious two-car garage with a new metal roof and electric service, complemented by an outbuilding equipped with electric and a brand-new 2026 roof, that is perfect for mechanics, hobbyists, a woodshop, or endless other uses. Outdoors, you can enjoy quiet evenings on the rear deck or unwind in the enclosed rear porch designed for complete relaxation and tranquility. Perfectly positioned for both convenience and recreation, this turn-key property is just minutes from Fairport Harbor Beach, local fishing spots, and the Yacht Club, while remaining only minutes to Route 2 for easy commuting.

1205 Elm Street, Painesville

$219,000

3 Beds ⋅ 3 Baths ⋅ 5257302 MLS

Discover the perfect blend of modern style, comfort, and convenience in this beautifully maintained end-unit townhouse, built in 2023! Featuring 3 spacious bedrooms and 2.5 bathrooms, this home offers a fresh, modern feel with an easy-living layout designed to fit your lifestyle. Enjoy the convenience of all appliances included, along with third-floor laundry that makes everyday living a breeze. As an end unit, you'll appreciate the added privacy and natural light. Ideally situated just minutes from Lake Erie beaches, highway access, popular restaurants, and shopping, this home puts everything you need within easy reach. Whether you're looking for a low-maintenance lifestyle, a place to call home, or a smart investment, this move-in-ready opportunity checks all the boxes. Modern living, convenient location, and carefree comfort await!

214 Raintree Lane, Painesville Twp

$249,900

3 Beds ⋅ 2 Baths ⋅ 5256162 MLS

Welcome to 7680 Jennings Dr in Painesville, a ranch set on a large, tranquil lot with plenty of potential to make it your own. The front door opens into a welcoming foyer filled with natural light, which flows into a spacious living room. The kitchen features ample hardwood cabinetry, appliances, and a pass-through to the family room, allowing for an easy connection between the spaces. A sizable formal dining room just off the kitchen offers space for gatherings and sit-down meals. The very spacious family room features a brick accent wall, wood paneling, and a wood stove, with sliding doors leading to an enclosed rear porch or sunroom. On the opposite side of the home, three bedrooms and two full bathrooms provide a separate area for rest and privacy. The primary bedroom includes an ensuite full bath for added convenience. The full, unfinished basement offers abundant storage, a laundry area, and the opportunity to finish the space to suit your needs. Outside, the deep backyard provides room to enjoy the outdoors, while a storage shed offers additional space for tools and equipment. With its spacious living and family rooms, deep backyard, and tranquil setting, this ranch offers an opportunity to add personal touches and bring its potential to life.

7680 Jennings Drive, Painesville

$375,000

5 Beds ⋅ 2 Baths ⋅ 5257195 MLS

A complete transformation without sacrificing an ounce of character! This stunning historic Tudor home has been renovated from top to bottom, while maintaining the charming architectural detail you would hope to find in a home of this era. The restored stucco exterior brings the home's classic features back to life, while the interior modern aesthetics make it feel like an entirely new home. Unlike many historic homes, this one comes with some of the biggest and most costly improvements already taken care of! The roof, windows, furnace, A/C, and hot water tank were all replaced in 2026. Inside, the substantial living room features an ornamental fireplace and exposed beamed ceilings, further showcasing the home's architectural detail. Off the living room, there's a bright sunroom with windows spanning 3 of its 4 walls. The kitchen serves as the heart of the home, having been significantly expanded to create a more open layout, with plenty of room to cook and entertain. A bonus room, ideal for a home office or reading room, serves as the connecting space between the kitchen and foyer. The home offers a total of 5 bedrooms, with 3 located on the second floor and 2 on the third floor. Located on the second floor, the 2 largest bedrooms are especially impressive, as each offers an additional adjoining room. These could serve as oversized walk-in closets, dressing rooms, sitting areas, or hobby spaces. On the third floor, a loft area sits between the 2 bedrooms. This flexible bonus space could serve as a playroom or craft room. The basement walls have already been framed and drywalled, giving the next owner a head start on creating additional finished living space to suit their needs. Outside, a back deck just off the dining area overlooks the large, fully fenced backyard. Some homes have character, some have space, and some have been beautifully brought back to life. This one checks all 3 boxes. Don't settle for seeing it in pictures, schedule a private showing today!

120 Levan Drive, Painesville

$219,900

3 Beds ⋅ 1 Baths ⋅ 5256691 MLS

Updated 3-bedroom, 1-bath home for sale in Painesville, offering over 1,450 square feet of living space. The interior features beautiful hardwood floors, an updated kitchen, and a fully tiled bathroom. Extensive work has been completed in the basement to improve its structural integrity and keep it dry, with useful space for storage. The home is beautifully staged to highlight its layout and help buyers picture themselves here. Outside, enjoy the covered front porch and a convenient location near the Painesville square, schools, parks, and freeways. A well-updated Painesville home with character and practical improvements throughout.

160 W Jackson Street, Painesville

$314,900

3 Beds ⋅ 4 Baths ⋅ 5254739 MLS

A rare opportunity to own a piece of Painesville history and an assumable mortgage available at a significantly lower rate than the current market rate! Located in the Painesville Historic District, this distinguished 1830s Greek Revival home designed by renowned local architect Jonathan Goldsmith blends historic character with beautifully renovated modern spaces. Abundant natural light fills the home, adding warmth and enhancing its timeless character. The gorgeous kitchen features granite countertops and an expansive island, perfect for chefs and bakers alike, with an adjoining dining room ideal for hosting family and friends. The inviting family room, complete with a wet bar, creates a wonderful setting for entertaining. Offering 3 bedrooms, including one with a charming loft, along with 3 full and 1 half beautifully renovated baths. Outdoor living shines with an expansive deck offering ample space for grilling, gatherings, and relaxation. A long driveway leads to convenient rear parking, along with a detached 2-car garage and attached workshop, providing additional versatility. Adding to the property's unique appeal is a magnificent tulip tree, protected by Lake County, that brings stunning seasonal beauty throughout the spring, summer, and fall. Newer roof, gutters, garage doors are just some of the updates. Conveniently located near Lake Metroparks, exceptional local dining, and shopping, with easy access to Route 2 for convenient commuting and everyday travel. A truly special opportunity to own a remarkable piece of local architectural heritage that you won't want to miss!

234 Mentor Avenue, Painesville

$110,000

3 Beds ⋅ 1 Baths ⋅ 5255011 MLS

MAKE OFFER Riverside schools! Great opportunity to add to your investment portfolio or take on your next fix-and-flip project! This 3-bedroom, 1-bath home offers plenty of potential for the savvy investor or handyman looking to build equity. Whether you're looking to renovate and resell or add a rental property to your portfolio, this home is ready for your vision. Bring your ideas and unlock its potential!This home will be sold As-Is. Needs work, including but not limited to inspections for environmental hazards. Short sale buyer approval is required and can take months for approval, no financing, no creative deal structuring, no sight unseen offers. Must send proof of funds prior to asking for a showing with a minimum of 48 hours notice.

429 Lake Shore Boulevard, Painesville

$199,000

3 Beds ⋅ 1 Baths ⋅ 5253879 MLS

Welcome home!! Pride of ownership is the hallmark of this absolutely gorgeous and completely renovated 3-bedroom bungalow. The interior boasts a wonderful floorplan that will accommodate all of your family's needs. Attention to detail is evident throughout, including fresh interior paint, stylish new LVT flooring and an updated lighting package. Inviting living room with loads of natural sunlight. Fabulous kitchen with granite countertops, subway tile backsplash, ample cabinet/counterspace, stainless steel appliances and a peninsula with barstool seating that overlooks the dining area. The family room is the perfect place to relax or entertain and is anchored by a retro freestanding fireplace. Two nicely appointed bedrooms and fully renovated full bathroom round out the first floor. The second floor offers a spacious primary suite with additional storage and plenty of closet space. The crisp and clean lower level is just waiting for your finishing touches and currently provides a wealth of storage space. Beyond the aesthetics, this home offers total peace of mind with a new roof, windows and appliances. Furnace 2020. H2O tank 2024. Combining exceptional style with a prime location, this turnkey gem is a rare opportunity you won’t want to miss!

874 Hine Avenue, Painesville

$190,000

3 Beds ⋅ 2 Baths ⋅ 5254138 MLS

Step into this spacious 3 bedroom, 2.5 bath Colonial filled with timeless charm and character! Beautiful original hardwood floors and wood trim showcase the home's classic appeal. Enjoy a large, inviting living room, spacious kitchen featuring a charming Dutch door, and a classic clawfoot tub. The basement offers additional living space, a private office, workshop, and plenty of storage. Recent updates include vinyl windows, a newer gas forced air furnace, gas water heater and updated main sewer discharge. Outside, you'll find a fenced backyard, cement driveway, and detached 2 car garage. Loaded with character, generous living space, and endless possibilities, this Colonial is ready to welcome you home!

580 E Erie Street, Painesville

$130,000

3 Beds ⋅ 1 Baths ⋅ 5253696 MLS

Turnkey Income Property Near Lake Erie College. Buy It Alone or as a $3,117/Month Package! Here is a rental that is already working for you. 139 W Jackson sits minutes from Lake Erie College, Richmond Road and Route 2, so tenant demand is built in. It was renovated about 2.5 years ago and is rented to students today, so you collect income from day one. The home offers 1,104 sq. ft. above ground plus 440 sq. ft. in the basement. There are three bedrooms: two on the main floor and one upstairs. The main level has a full bathroom, a spacious kitchen and a separate living room. Upstairs, a second living area gives tenants room to study, relax or entertain. Laminate flooring throughout keeps maintenance simple and turnovers fast. There is no garage. Current income: $1,475 per month. That is $1,300 rent, $150 for water and sewer, and a $25 pet fee. The tenants are month to month, so you can keep them in place or reposition the property on your own timeline. The real opportunity is the package. Advantage will be given to an investor buying both 139 and 133-135 W Jackson, the adjacent parcel, as a complete cash flowing investment package generating $1,642 + $1,475 = $3,117.00 monthly! That is two neighboring parcels and three rental units, run as one investment. The seller prefers to sell both together. Whether you are building a portfolio or adding to one, this is income, location and scale in a single purchase. Schedule your showing today!

139 W Jackson Street, Painesville Twp

$165,000

3 Beds ⋅ 2 Baths ⋅ 5252520 MLS

Step into a piece of Painesville history at 370 Bank Street, a charming 1860s home believed to qualify as a Heritage House. For generations, this property has been a gathering place for friends and family, filled with celebrations, holidays, laughter and cherished memories. Its history is equally compelling, with a connection to the Underground Railroad during the Civil War era and a fascinating story of a previous owner who excavated, by hand and wheelbarrow, additional basement space to accommodate a central heating floor furnace. The home also underwent extensive remodeling in 1947 and again in 1959. Historic details include hand-hewn beams in the basement and a charming staircase featuring a natural-finished, solid cherry banister. This solid and well-established home presents an excellent opportunity to bring it up to date while preserving the character, charm and unique history that make it special. Offering approximately 1,500 square feet, the home features 3 bedrooms, 2 full baths and a 2-car attached garage. The first-floor primary suite includes a full bath and closet space and offers flexibility as a family or recreation room. Upstairs are two additional bedrooms and a full bath. Ideally located on the west side of Bank Street between Walnut and State Streets, less than a mile from Downtown Painesville, approximately 3 miles from Fairport Harbor, 5 miles from Headlands Beach State Park and 5 miles from University Hospitals Tri-Point Medical Center. Downtown Cleveland is approximately 30 miles away, with Cleveland Hopkins International Airport approximately 42 miles away. Don't miss this opportunity to own a remarkable piece of Painesville history. A home filled with character, stories and cherished memories, ready for its next chapter.

370 Bank Street, Painesville

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Painesville Homes under $400,000

Newest Painesville Homes under $400,000

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