5131 Tollgate Rd, New Hope, PA 18938

$500,000
3
BD
2
BA
2,506
SqFt
List Price
$500,000
Days on Market
5
Status
ACTIVE UNDER CONTRACT
MLS#
PABU2035868
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,506
Lot Size (Acres)
2.67
Style
Cottage
Year Built
1972
County
Bucks
School District
Central Bucks

Property Description

ATTENTION INVESTORS, GENERAL CONTRACTORS, AND RESTORATION ENTHUSIASTS. This is not a typical residential listing. It is a house that requires major restoration so it could again become the magical property it was. Cash sale or renovation loan will be needed to finance..Being sold as-is. In an extraordinary private, park-like setting with lawns, woods, ravines, boulders, and Geddes Run creek winding through the land, it is a nature preserve and tranquil retreat that brings you close to nature, wildlife, and birds. The English cottage style house needs exterior reconstruction of the roof, chimney, wood siding, exterior doors, and window trim. The interior needs considerable cosmetic work, repairs, upgrading and renovation. Damaged ceilings and skylights, shown in the photos, were affected by leaks. This is an exceptional opportunity for a buyer that has the vision and means to bring the property back to its original condition. Many architectural features, the charm, and character are evident inside and outside. The custom design of the house is unique. Stone and wood exterior, a stone turret with embedded leaded glass, landscaped bluestone entryway, huge hand hewn wood beams/walls/ceilings, solid wood raised panel doors, interior stone walls, fireplaces, and a balcony off the main bedroom. One wing of the house has the large 2-story great room/dining room built with hand hewn wood, a stone fireplace, skylight, clerestory window, sitting area, and views of the two lofts on the second level. The formal living room has a fireplace, closet w/shelves, and door to the garage. The kitchen with desk area has ceilings and a skylight damaged by leaks. Once a porch, there is still a raised open fireplace and a stone wall. Access to the deck is through doors in the kitchen. The other wing of the house, from the entry door, has two bedrooms and an office, all with closets, and a full hall bathroom. An iron spiral staircase takes you to the 2nd floor and the totally private main bedroom/bathroom suite. In the hall are a small closet, two double closets, laundry area w/skylight , and on either end are the lofts. The entry area into the bedroom/bathroom has two double closets and door to the full bathroom, 3 more closets in the bedroom and a double door to a deck with amazing views down the creek bed. The enormous wraparound deck off the kitchen provides spectacular views of the land and is the outdoor space for relaxation and entertaining. You will enjoy sun and built-in benches and the covered section with a bluestone pathway to the front of the house. The garage is angled and attached to the house with inside access. There is plenty of parking in the front area of the house. The remnants of a footbridge that was damaged by trees led to a small, private island. In a great location on a dead end street with three other houses, it is a short drive to shopping, dining, recreation, and entertainment. An idyllic retreat without being isolated, the sound of silence is broken only by birds chirping. Come fall in love and appreciate the spectacular home it can become. Bring your ideas. The work and effort will be worth it. This property will always make you feel that you are coming home to an extraordinary oasis of beauty.

Additional Information

Area
Plumstead Twp (10134)
Subdivision
000
Taxes
$5921
High School
Cb East
Fireplaces
1
Flooring
Wood
Garage Spaces
1
Heating
Baseboard - Electric
Cooling
None
Roof
Shake
Utilities
Cable TV
Water
Well
Sewer
On Site Septic

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate-Doylestown.