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Riverwood Village

Owning a new home's never been easier!

Scroll down to see all of the affordable home models in our community.

We've Made Owning a New Home Simple and Affordable!

Own a New Home From $818 per month year 1*.

$890 per month year 2*

$967 per month year 3-30*

Starting From $139,990

  • Own a new home with little to no money down and very low out-of-pocket costs
  • Flexible and affordable financing options through NVR Mortgage
  • All homes come complete with all the appliances you need - even with the washer and dryer
  • Low monthly payments for the same price - and even less - as renting

New Homes in Painesville Township, OH

0% Down Available at the most affordable community in Lake County! Convenient location— FHA/VA available... easy homeownership from the $130s!

Own for as low as $818 per month year 1*.

$890 per month year 2*

$967 per month year 3-30*

$890 per month year 2*

$967 per month year 3-30*

Quick Move-In Home

Quick Move-In Home

Ready for Quick Move-In—3 Bedrooms, 2 ½ Baths, all Appliances, Washer/Dryer & Landscaping, from the $150s!

Learn More >

Community Overview

Tired of renting? It’s your lucky day! Get Riverside School District’s best value in new construction! A brand new townhome close to everything can be yours at Riverwood Village. Click here to schedule your visit today!

You want a mortgage loan that works for you. At Riverwood Village, choose from multiple financing options. Low down payment programs mean you are closer to owning than you think! A payment less than rent lets you invest in yourself every month with a little left over. You’ll love coming home to your own place at the end of a long day.

Building at Riverwood Village means appliances are included. Your oven and stove, dishwasher, fridge, microwave, and washer and dryer all come with your home. Who wants to pay to move so many appliances to a new house? You won’t have to!

You’ll have more time to spend with your family, too—lawncare is included! There’s even a community playground to enjoy with the kids, and a dog park for your furry friends!

Riverwood Village has the home you’ve been looking for at a price you can afford—all brand new! Click here to schedule your visit today to finally own your home.

Enjoy the best parts of Painesville Township. Just minutes from Route 2, easy highway access makes your mornings so much smoother. And you’ll be close to all of your favorite shopping and dining in Painesville. You’ll feel more connected to your community with your new home’s great location.

Fairport Harbor and Headlands beaches are two and a half miles from your door—every day can be beach day! Have dinner at Pickle Bill’s or Local Tavern’s Fish Bar after a day filled with sun and fun.

Riverwood Village has the home you’ve been looking for in an area you love. Click here to schedule your visit today!

Riverside Local School District

Riverwood Village

The right home at the right price—right here!

I'm happy to answer any questions you may have about living in our community.

1 Home Type Available

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Community Details


  • Mon 1pm-6pm
  • Tue-Fri 11am-6pm
  • Sat 12pm-6pm
  • Sun 12pm-5pm


62 Maple Spring Drive
Painesville Township, OH 44077
Lake County

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Schedule a Visit

Homes are going fast. Come see why our community is so popular. Just fill out the form below to schedule a visit today. Can't wait to see us? To schedule a same-day visit—or within the next 24 hours—please provide a phone number and we'll contact you right away.

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Riverwood Village

Do you have more questions?

I’m happy to answer them! If you want more information or need help, just click the Contact button.

The Essential First-Time Homebuyer's Guide

Preparing to purchase your first home? Our free First-Time Homebuyer’s Guide can help you navigate each step of this exciting process.

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Do you have questions about our community, amenities, or homes?

I'm here to help! Just fill out the form on the right and I'll get back to you quickly with the answers you need.


Welcome back! We know you'll love this home in person.

Now that you've seen the floor plan, come see the real thing. Just fill out the form below and our community sales agent will get back to you. We look forward to meeting you.

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Financing example based on a FHA Standard 30 year Fixed loan product with a 2-1 buydown, with a rate of 1.99% for year 1, 2.99% for year two, and 3.99% for years 3-30 with an APR of 2.427%. Based on a sales price of $139,990, a loan amount of $137,540, and a 3.5% down payment. Principal and interest payment would be $508 per month. Real Estate taxes are estimated at $175 per month, mortgage insurance is estimated at $96 per month, and hazard insurance is estimated at $40 per month for a total monthly payment of $818.** Monthly HOA fee not included in payment. APR and Rates on loan programs may vary based on credit criteria, final amount of down payment etc. Financing is available through NVR Mortgage Finance, Inc. NMLS#1127 ** Payment is based on the first year rate of 1.99%.