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85 Geigel Hill Road
Erwinna, PA 18920
$1,125,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
2632
Property Description
Covered Bridge Farm -- Sitting back from the road in all its vintage splendor, this stone house with a sweeping front porch is exceptional with original architectural features, modern conveniences, and a stunning first floor addition. Ideal as a full-time residence or a get-away second home, it overlooks the Erwinna Covered Bridge, one of the few remaining examples of this type. From the front door, step into the foyer and notice the original curved banister on the staircase. To the left is the parlor (living room) with a wood burning fireplace with Mercer tiles. A bathroom with shower was built beneath the staircase, and the other large room is now used as a great room. Once a dining room (always the largest room in the 1800s) casual or formal dining can be incorporated into this multi-purpose space. The kitchen was upgraded in 2022 with Silestone countertops and recessed lighting. The heart of this home has a Viking range and is large enough for a table and chairs or perhaps an island for food prep, serving, eating. The focal point is the walk-in fireplace with raised panel wood doors that close and a side door from the driveway opens into the kitchen for convenience. Completing the first floor is the 2019 stunning addition that adds another dimension to this beautiful home. Vaulted ceiling with beams, a stone wall that was once the exterior, large windows, and a door out to a patio overlooking the bridge. Upstairs are two generous sized bedrooms each with an updated bathroom. A staircase in the kitchen goes up to a laundry area and the main bedroom suite. This home has incredible flexibility on how each room can be used to suit your lifestyle and needs. Rooms are spacious, floors are painted pumpkin pine, there is original hardware in some areas, large deep sill windows provide natural light and views of changing seasons. The exterior is wonderful for relaxing and entertaining. There is a 3-sided shed, an enclosed pasture in which sheep and chickens roam, two bluestone patios, walkways and many new trees and beautiful landscaping were added. The remnants of stone walls enclose a large, open area and await your creative ideas for making this area an unique place. The specialness of this property is the retention of timeless features that provide character and a relaxed ambiance. Rolling lawn areas, a creek, a quiet country road, and history are the distinguished features of this home. Steeped in history and the love of a family that owned it for many generations, it is an exceptional property that provides quiet country living with close proximity to the many exciting surrounding towns and areas that make living in Upper Bucks County a great location. The house, the setting, amenities, and location will delight you. Welcome home!
Property Information
Lot Size
8 acre(s) square ft
Property Type
Residential
Year Built
1842
MLS Number
PABU2059264
Location
Address
85 GEIGEL HILL ROAD
City
ERWINNA
State
PA
Zip Code
18920
County
BUCKS (NORTHWEST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach New Hope
Office Phone
(215) 862-3385
Agent Name
Lorraine Eastman

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.