Real Estate Prices Soar in Central Ohio

Sherry Beck Paprocki
Columbus Monthly

Onandaga Drive in Upper Arlington, Park Drive near Bexley, New Albany Farms Road and Highgrove in New Albany are the streets that include some of the most expensive properties in Central Ohio, according to the top 75 real estate deals as reported by Columbus Monthly between July 1, 2017 and July 31, 2018.

If you’re looking for a high-end home, the hottest Central Ohio communities include New Albany, Upper Arlington, Downtown Columbus and German Village.

Of the top 75 deals made during this 13-month period, 17 were sold in New Albany and 16 were in Upper Arlington. A total of nine top properties were sold Downtown and in nearby German Village.

But that doesn’t mean the expensive homes aren’t available elsewhere. Properties sold during this period soared as high as $3.2 million that was spent on a home at 212 Park Drive near Bexley, an estate that’s less than a 10-minute drive from Downtown when it’s not rush hour.

Many of the buyers of the most expensive properties are kept quiet with the help of LLCs and trusts, but among those listed with the Franklin County Auditor’s Office is a $2.2 million home in New Albany purchased by David Kass of Continental Real Estate Cos.

This wasn’t the most expensive New Albany home sold during this period, however. Climbing to the top of the market was a $2.7 property in the gated New Albany Farms.

In Upper Arlington, the most expensive home was an Onandaga Drive property that sold for $2.4 million during this 13-month period.

Placing third in the area for most expensive properties sold are those in and around Downtown Columbus, including five homes in German Village and two in the new Parks Edge condominium complex developed by Nationwide Realty Investors. Parks Edge involves two buildings on the north side of the Scioto River along the edge of the Arena District. The newer of the two buildings is at 250 W. Spring St.

Columbus Blue Jackets player Seth Jones is one of the new owners in this high-security complex—paying $1.6 million for his unit without including pricey HOA fees.

Just down the river, Arlene Weiss, wife of former Express CEO and fashion industry insider Michael Weiss, is the name on a trust that purchased a Miranova condominium for $1.6 million. Miranova is one of Columbus’ original, high-security locales.

Other top-running communities regarding high-end properties that sold in the market during the 13-month period include: seven homes in Dublin, six in Delaware, five in Powell and four in Bexley.