A custom-built home overlooking Cincinnati Country Club's golf course has hit the market in Hyde Park for $3,649,000, and the fine print is almost as eye-catching as the price tag: thanks to a grandfathered tax break, the owner's annual property tax bill runs about $6,098. The four-bedroom listing at 3315 Menlo Avenue sits on a quiet residential street but looks out over one of Ohio's oldest golf institutions, giving it a country-club backdrop most Cincinnati buyers can't get at any price.
The 5,144-square-foot home is listed on the regional Multiple Listing Service, and Homes.com identifies agent Mike Franz of Coldwell Banker Realty. Built in 2018 on a 0.21-acre lot, the house includes four bedrooms, three full and one half bathrooms, a residential elevator serving all floors, and a three-car garage, per Zillow. The property features an open-concept first floor, a primary bedroom on the second level, and a custom floating staircase.
A Tax Break That No Longer Exists for New Builds
What sets 3315 Menlo Avenue apart from other luxury listings isn't just its golf-course view, it's the seven years remaining on a 15-year LEED Platinum tax abatement, which keeps the home's annual property taxes near $6,098 despite its multimillion-dollar price, according to Coldwell Banker. That abatement transfers automatically to a new buyer under Cincinnati's rules, according to the same listing information.
The savings exist because of a policy that city council has since changed. Cincinnati's residential green building program once granted 100% property tax exemptions for 15 years with no valuation cap on LEED Platinum new construction, but the city overhauled that framework in 2023, establishing different parameters for abatements, per the Database of State Incentives for Renewables & Efficiency. Older 15-year LEED abatements remain in place as inventory dwindles. Grandfathered 15-year LEED abatements on Cincinnati luxury builds can save owners an estimated $12,000 to $25,000 a year compared with un-abated properties, according to the Dwell Well Group.
The parcel changed hands before the custom home's completion in 2018. The home was completed before the city overhauled its residential green building program in 2023.
The Country Club Backdrop
The view driving much of the listing's appeal comes from the Cincinnati Country Club, established in 1895. That history helps explain why a home backing up to its fairways commands such a premium in a neighborhood already known for high-end sales.
How the Price Stacks Up in Hyde Park
The Menlo Avenue asking price stands out in Hyde Park: in the second quarter of 2026, the neighborhood's median sales price for single-family homes and condos reached $600,000, per Sotheby's International Realty.
Zoom out to the whole city, and Hyde Park's upper tier still stands apart. The neighborhood remains one of the region's priciest pockets.
Photographs of the property accompany the listing. For now, the home remains on the market, offering a rare pairing in Cincinnati's real estate scene: a golf-course view paired with a tax bill that current city policy can no longer produce.
