Published April 16, 2025

The Most Expensive Homes Recently Sold in Parma, Ohio: A Look at High-End Living

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Written by Nicholas Reyes

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Parma, Ohio may be best known for its charming neighborhoods, strong community feel, and affordable cost of living—but that doesn’t mean it lacks in luxury real estate. In recent months, a handful of high-end properties have made headlines for their impressive features and above-average sale prices. Whether you're a market watcher, a luxury buyer, or just curious about what top-tier living looks like in Parma, here’s a look at the most expensive homes recently sold in the area.

1. Custom-Built Colonial on Broadview Road – Sold for $650,000

This striking colonial-style home stood out with nearly 5,000 square feet of finished living space. Built in the early 2000s, it featured a gourmet kitchen with granite countertops, a spa-like primary bathroom, and a finished walkout basement perfect for entertaining. Situated on nearly an acre of land, it offered privacy without sacrificing convenience to nearby amenities.

Key Features:

  • 5 bedrooms, 4 bathrooms

  • Expansive great room with fireplace

  • Backyard patio with built-in grill

  • 3-car attached garage

2. Modern Renovation Near West Creek Reservation – Sold for $595,000

Tucked near one of Parma's most scenic nature preserves, this modern-renovated home combined clean design with high-end finishes. The open-concept floor plan, vaulted ceilings, and wide-plank hardwood floors gave the home a stylish edge, while the backyard deck and landscaping added to its curb appeal.

Key Features:

  • 4 bedrooms, 3.5 bathrooms

  • Chef’s kitchen with stainless steel appliances

  • Finished lower level with wet bar

  • Smart-home features and upgraded HVAC

3. Ranch-Style Estate in Ridgewood Lakes – Sold for $575,000

Ranch homes don’t always scream luxury, but this Ridgewood Lakes estate broke the mold. With over 3,500 square feet on a single floor, this property offered spacious elegance throughout. Custom woodwork, tray ceilings, and a stunning sunroom helped it stand out in Parma’s competitive market.

Key Features:

  • 3 bedrooms, 3 bathrooms

  • High-end kitchen with double ovens

  • Professionally landscaped yard with koi pond

  • Oversized 2.5-car garage


What These Sales Mean for Parma's Market

While these price tags may not match the million-dollar listings of Cleveland’s western suburbs, they do signal a growing demand for luxury and high-quality renovations within Parma itself. Buyers are looking for more than just affordability—they’re seeking homes that offer space, comfort, and character. And as sellers continue to invest in upgrades, we can expect more of these high-end transactions to pop up in the coming months.

If you’re curious about what your Parma home could sell for—or if you’re in the market for a standout property—reach out anytime. The luxury market in Parma is small but growing, and opportunities are out there.


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