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Welcome back to Beyond The Listing.

Each week, we take you inside the properties that pop up on Zillow, the ones that make you want to know more. Zillow can tell you the square footage and estimated property taxes. Beyond The Listing tells you what may motivate the next owner, and perhaps even the next generation.

We explore the story behind Northwest Ohio’s most compelling residential and commercial properties: who owned them, the careers and ambitions that shaped them, and what it takes to own a home or building like them today.

The goal is simple: keep the Toledo Money audience better informed about the region’s real estate than those who are not reading Toledo Money.

Keep the critiques, ideas, and advice coming. You are helping shape this product into something better every week. We’ve also heard from regional realtors who would like us to feature listings they believe fit this vertical. We’re listening and reserving space for those properties. If you have a listing in mind, please email us.

Let’s get into this week’s properties.

This Week’s Shoutout:

This week’s shoutout goes to Kevin Warren, CEO and Owner of Danberry, for his leadership and continued investment in Northwest Ohio real estate.

Danberry has been a defining presence in the region’s residential market, helping buyers and sellers navigate one of the most meaningful financial decisions they will make. Kevin’s perspective comes from understanding not only the homes themselves, but also the neighborhoods, people, and market forces that shape their value.

That kind of experienced, locally rooted leadership helps make Northwest Ohio’s real estate market stronger and more informed.

Built by Founders

Two of Northwest Ohio’s newest luxury listings reveal what can happen when local builders and entrepreneurs create companies; and eventually use that success to create something for themselves.

Luxury real estate is usually presented through a familiar collection of numbers: bedrooms, bathrooms, square footage and asking price.

Those details explain the property. They rarely explain how the property came to exist.

The two homes featured in this edition of Beyond the Listing have deeper connections to Northwest Ohio’s entrepreneurial economy. One was built inside a development created by a longtime local custom builder and is now connected to a business owner who made an uncommon transition from financial services into transportation.

The other belongs to the founder of a Northwest Ohio home-technology company and sits inside a community created by local developers who saw an opportunity in a former seminary property along the Maumee River.

The houses are impressive. The businesses behind them make the stories worth telling.

4045 Coder Cove Court | Maumee

Asking Price: $1,375,500
Bedrooms: 5
Bathrooms: 6
Lot: 1.68 acres
Built: 2019
Builder and Developer: James E. Moline Builders

A Builder Creates His Own Market

Coder Cove is small by design.

The private Maumee-area development contains only 10 custom-home sites, each ranging from approximately one to three acres. Every lot has been sold, leaving buyers interested in the neighborhood dependent upon the rare occasion when an existing homeowner decides to leave.

That scarcity was created by Jim Moline, the founder of Moline Builders.

Moline has spent more than 35 years building and developing homes throughout Northwest Ohio and Southeast Michigan. His company says he remains personally involved in each project and works through a local network of designers, suppliers and skilled tradespeople. The firm has also received multiple Toledo Home Builders Association awards, including eight Builder of the Year recognitions.

Coder Cove represents both sides of Moline’s business.

He developed the land, established the neighborhood and built the homes that ultimately determined its reputation. Lucas County records identify James E. Moline Builders as the subdivision’s developer, while the current listing identifies 4045 Coder Cove as a Moline-built residence.

The result is a neighborhood in which the builder was responsible for more than the construction. Moline effectively created the market in which his finished product would eventually trade.

Designed for Life Outside the Office

The 2019 ranch offers approximately 3,428 square feet on its main level and another 1,120 finished square feet below grade.

Inside, the home includes custom millwork, coffered ceilings, a floor-to-ceiling stone fireplace, a large kitchen and a finished lower level designed for additional living and entertainment space.

Outside is where the property separates itself.

The 1.68-acre lot includes a heated saltwater pool, outdoor kitchen, pergola, built-in fire pit, dedicated pool bathroom and extensive covered entertaining space. A heated four-car garage provides space for vehicles, equipment and the less photogenic realities that accompany a property of this size.

It feels less like a collection of luxury upgrades and more like a deliberate attempt to bring recreation, entertainment and privacy into one address.

That matters when the home is connected to a family whose business has spent years moving across the country.

From Financial Services to Freight

The property is owned by a local power couple. The entrepreneurial connection to the address appears to run through a local transportation company founded in 2018.

The owner spent more than three decades operating an insurance and investment-advisory business before entering the expedited-freight industry in 2008. By 2019, the local transportation company had grown to a fleet of 14 trucks leased to a logistics expediting company.

The Maumee-based company continues to provide expedited and less-than-truckload freight services throughout the continental United States using independent contractor driving teams.

The owner’s career is the kind of entrepreneurial pivot that is easy to underestimate.

He moved from a professional-services business built around advice and client relationships into an asset-heavy transportation company built around trucks, drivers, utilization and logistics. Those are fundamentally different operating models, yet both require the owner to create trust, manage risk and deploy capital intelligently.

The house offers a visible endpoint to that journey: a locally built residence inside a locally developed neighborhood, connected to an entrepreneur who created businesses across two separate industries.

The Pricing Question

The home sold for $1.35 million on November 25, 2025. It returned to the market on July 27, 2026, asking $1,375,500; an increase of $25,500, or approximately 1.9%.

That is a narrow spread for a property reintroduced less than a year after its last sale.

At the listed 3,428 above-grade square feet, the asking price equals approximately $401 per square foot. Including the finished lower level brings the effective price closer to $302 per finished square foot.

The limited increase suggests the objective may be capital preservation rather than a conventional short-term profit. Transaction costs alone could absorb much of the difference between the previous purchase price and the current ask.

The seller is essentially asking the market to reaffirm the value established in November 2025.

The Toledo Money Take

Coder Cove demonstrates what happens when a builder develops more than individual homes.

Jim Moline created the subdivision, controlled its scale and used custom construction to establish a neighborhood with limited inventory. The owner created businesses that allowed him to move from professional services into transportation and fleet ownership.

The property sits at the intersection of those two entrepreneurial paths.

One founder built the place.

Another built the means to own it.

💬 Margin Notes: A Tough Economy Isn’t Slowing Every Sale

There is a real disconnect in the housing market right now: people feel the economy getting tighter, yet the right homes are still moving quickly.

That is not necessarily a contradiction. A harder economic environment does not eliminate demand, it makes buyers more selective. They may hesitate on a home that needs major work, is priced ahead of the market, or misses the mark on location. But when a well-maintained home in a desirable neighborhood is priced realistically, serious buyers are still ready to act.

Part of the reason is simple: inventory remains limited in many Northwest Ohio neighborhoods. Many homeowners are sitting on historically low mortgage rates and have little reason to sell unless life forces a move. That leaves fewer quality options for buyers who need to relocate for a job, a growing family, a divorce, retirement, or simply the next stage of life.

So while the broader conversation is about affordability, interest rates, and caution, the local market is delivering a more nuanced message: buyers have not disappeared. They are waiting for value and when they see it, they move fast.

The takeaway for sellers is not that every home will sell overnight. It is that preparation, presentation, and pricing matter more than ever. In this market, buyers are not impulsive. They are decisive.

4003 McCallister Drive | Perrysburg

Asking Price: $2,475,000
Bedrooms: 5
Bathrooms: 7 full and 2 half
Above-Grade Living Space: Approximately 7,847 square feet
Finished Lower Level: Approximately 3,900 square feet
Outbuilding: Approximately 3,500 square feet
Lot: 2.35 acres
Built: 2022

The Business Is Reflected in the House

At nearly $2.5 million, 4003 McCallister Drive sits near the top of Northwest Ohio’s residential market.

The scale alone is unusual.

The main residence offers approximately 7,847 square feet above grade, with another 3,900 square feet of finished living space in the lower level. The property also includes an approximately 3,500-square-foot finished outbuilding with an epoxy floor, mudroom and full bathroom.

Add it together and the property provides more than 15,000 square feet of finished residential, recreational and auxiliary space.

The home includes a theater, exercise room, game room, multiple kitchens, private office, separate den, custom built-ins, a heated saltwater pool and covered outdoor media and dining areas.

The outbuilding can accommodate indoor basketball, a golf simulator, large gatherings, recreational vehicles, equipment or business-related storage. The listing itself highlights the building’s “entrepreneurial possibilities.”

That language is especially appropriate once the owner’s business is considered.

Building a Company Around the Connected Home

The owner is the Principal owner at a Holland-based company providing home-theater, surround-sound and home-automation installation.

The company began operating in 2007 and has spent approximately 19 years serving the Northwest Ohio and Southeast Michigan market.

The company was created as homes were becoming increasingly connected.

Televisions were growing larger. Streaming was beginning to reshape entertainment. Residential networking, security, lighting and audio systems were moving from optional upgrades toward integrated components of higher-end construction.

The owner built his company around that transition.

Nearly two decades later, the property reflects many of the same themes: dedicated media rooms, entertainment infrastructure, flexible recreational space and an outbuilding capable of supporting technology-intensive uses such as golf simulation.

The overlap between the property and owner’s business is difficult to miss.

The house appears designed by someone who understands that technology works best when it is planned into the space rather than added after construction.

Entrepreneurs Developing for Entrepreneurs

The business story also extends beneath the house.

Sanctuary in the Woods is part of the larger, 373-acre Sanctuary development created by Retreat Associates.

The local development group formed to purchase and redevelop property that had once served as the Divine Word Seminary. Its members envisioned a residential community that would preserve the wooded landscape, natural ravines, waterways and rolling terrain while accommodating estate-sized custom homes.

Curving roads and ponds were incorporated into the plan, and an architectural review process was established to protect the character and quality of the development. Retreat Associates continues to identify itself as The Sanctuary’s owner and developer.

That was an entrepreneurial bet of its own.

The developers had to acquire a unique property, establish a residential vision, install infrastructure and persuade buyers that the natural setting justified larger lots and more ambitious homes.

The community now accommodates properties exceeding 10,000 square feet, with McCallister Drive standing among its most extensive residential offerings.

Understanding the $2.475 Million Ask

The current asking price equals approximately $315 per above-grade square foot.

Including the approximately 3,900-square-foot finished lower level lowers the figure to roughly $211 per finished square foot before assigning any separate value to the 3,500-square-foot outbuilding, pool and outdoor living infrastructure.

That helps explain the price. It does not eliminate the challenge of finding the right buyer.

A property this specialized requires someone who values nearly every component. Buyers who have no use for the outbuilding, theater, recreational areas or extensive entertaining space may see unnecessary scale.

An entrepreneur, collector or business owner may see something different: a residence with enough space to bring family life, recreation, technology, equipment storage and selected business functions onto one private property.

That is a much narrower buyer pool, although it may also be a more motivated one.

The Toledo Money Take

McCallister Drive looks like a house built around optionality.

The owner created a company centered on integrating technology into people’s homes. Retreat Associates created a development centered on preserving enough land to let homeowners build at an uncommon scale.

Those two entrepreneurial stories meet at 4003 McCallister.

The asking price will test whether another buyer sees the same value in having entertainment, recreation, technology and work coexist at one address.

Why These Homes Belong Together

Coder Cove and McCallister Drive represent different versions of founder-created success.

A local founder moved from financial services into expedited transportation. JThe second owner built a company around the evolution of residential technology. Jim Moline created a construction and development business that has shaped custom neighborhoods across Northwest Ohio. Retreat Associates transformed a former institutional property into one of Perrysburg’s largest residential developments.

Their companies operate in different industries, but the underlying formula is familiar:

Identify an opportunity. Accept the risk. Build the operation. Reinvest the returns.

The houses are the visible portion of the story.

The businesses came first.

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