This Lucas County Land Bank property presents a strong renovation opportunity for qualified buyers seeking a value-focused project with long-term upside. Offering classic architectural character, a flexible interior layout, and the rare benefit of an adjacent parcel being combined, this 1.5-story home is well suited for investors or owner-occupants prepared for a full rehabilitation. A clear renovation plan and adequate funding will be essential, as the property is positioned for comprehensive redevelopment rather than light cosmetic updates.
Located in Lucas County, this three-bedroom, one-bath home includes a basement and a footprint that supports modern reconfiguration while preserving original features. As a Lucas County Land Bank offering, the property is subject to specific purchase requirements intended to promote responsible redevelopment and neighborhood stabilization. Buyers should review Land Bank guidelines carefully before proceeding.
Home Layout and Existing Features
The home is arranged across one and a half stories, providing a layout that allows for both functional living and creative redesign once renovation is complete. With three bedrooms, the property offers flexibility for a small family, future tenants, or mixed-use living arrangements such as a home office or guest space.
Several existing features add character and redevelopment appeal:
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A breakfast nook that could be restored as a casual dining area or integrated into an updated kitchen design
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Large closets, an uncommon benefit in older homes, enhancing future livability
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A formal dining room with built-in cabinetry, offering an opportunity to highlight original craftsmanship
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A full basement, suitable for storage, mechanical upgrades, and improved utility systems
These elements provide a solid foundation for restoration, allowing buyers to retain historic charm while upgrading systems, finishes, and layout to meet current standards.
Adjacent Lot Combination Adds Value
A key advantage of this offering is the adjacent parcel at 342 E Weber, which is also owned by the Lucas County Land Bank. The Land Bank is in the process of combining the two parcels, resulting in a larger overall property footprint. This parcel consolidation significantly enhances the project’s potential.
Benefits of the combined lots include:
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Expanded yard space and improved lot dimensions
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Increased curb appeal and outdoor usability
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Stronger long-term resale or rental potential
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Added flexibility for landscaping, parking, or outdoor amenities, subject to local regulations
Opportunities to acquire a home with an adjacent Land Bank–controlled lot are limited. This combination makes the property particularly attractive to buyers who approach redevelopment strategically and value land control alongside structural improvement.
Overall, this property offers a rare chance to restore a character-filled home while benefiting from additional land, all within a framework designed to support responsible redevelopment. For buyers prepared to commit to a full renovation, this Lucas County Land Bank offering provides both challenge and opportunity with meaningful long-term potential.
Listed on Zillow
