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55 Mccann Drive
Ottsville, PA 18942
$1,199,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4216
Property Description
Searching for a multi-generational home? Nestled on a quiet cul-de-sac within the serene landscape of Tinicum Township, this exquisite 4-5 bedroom stone front colonial embodies the quintessence of luxury and tranquility. Set on 3.5 manicured acres, the property boasts pastoral and sunset views that are nothing short of breathtaking, best enjoyed from the expansive deck that gracefully runs the length of the house. As you approach, custom curved stone driveway columns herald the elegance that awaits, leading to a welcoming blue stone front porch, complemented by formal landscaping that exudes a sense of sophistication and charm. The entrance welcomes you into a world where every detail has been carefully curated to offer unparalleled comfort and style. A spacious living room is on the left, and a substantial dining room on the right. The heart of this home is its open concept kitchen, adorned with cherry cabinets and walls of windows offering lovely views that bring the outside in. The seamless flow from the kitchen dining area through glass doors leads to the deck, providing an idyllic setting for alfresco dining or simply soaking in the vistas. Adjacent to the kitchen, the great room, anchored by a stone wood-burning fireplace, creates an inviting atmosphere for relaxation and entertainment. To the right of the great room is a large private light filled office. This level is completed by a spacious powder room and a mud room leading to the 3 bay garage . Privacy and luxury define the large primary suite, featuring a spacious bath and a generous walk-in closet, ensuring a peaceful retreat for the homeowners. The house also boasts several office areas, thoughtfully designed to cater to the needs of remote work or study, each offering a unique perspective of the property's natural beauty. The full finished basement is a testament to functional elegance, encompassing a family room, music room with acoustic ceiling tiles, fitness room, powder room, laundry area, and a walkout to a spacious patio, ensuring entertainment and leisure options for all ages. Natural light floods the space, highlighting the thoughtful design that makes every area of this home feel welcoming and bright. Located in the highly desirable Tinicum Township, the property promises a lifestyle of peace and quiet, with the convenience of being just minutes away from Frenchtown, NJ, Lumberville, Doylestown, and New Hope. Each of these nearby locales offers its own unique attractions and amenities, enhancing the living experience for the residents of this magnificent home. This property is not just a house; it's a sanctuary, where every moment is an opportunity to live life to its fullest amidst a backdrop of unparalleled natural beauty and luxury.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1996
MLS Number
PABU2066678
Location
Address
55 MCCANN DRIVE
City
OTTSVILLE
State
PA
Zip Code
18942
County
BUCKS (NORTHWEST)
Listing
Provider
Kurfiss Sotheby's International Realty, original listing
Name
Kurfiss Sotheby's International Realty
Phone
(215) 794-1312
Office Name
Kurfiss Sotheby's International Realty
Office Phone
(215) 794-3227
Agent Name
Laurie Madaus

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HUD Foreclosures

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.