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1661 Durham Road
New Hope, PA 18938
$2,995,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
5296
Property Description
Re-live history in this restored and expanded colonial farmhouse. Situated on 12 private acres, this vintage architecture is complimented with a spacious open floor plan while maintaining its original charm. Meander up the blue stone walkway onto the covered porch to enter the Foyer, with travertine floors and proper staircase to the Second Level. The functional layout includes: a cozy Library/Den with pine floors, exposed stone wall and beamed ceiling. Tavern Room with original stone hearth fireplace, open beamed ceiling, deep sill windows, and antique pine floors, William Draper reproduction beaded pine kitchen cabinetry, honed granite counters, travertine floor, island top, backsplash, and soapstone integrated sink, vaulted ceilings that allow for large custom windows, an oversized island with seating, peninsula counter with casual “bar” seating, upgraded appliances including an induction cooktop and large pantry storage. Dining Room has an exposed stone wall and access to the blue stone patio from two sets of French doors. The Kitchen and Dining Room are both open to the large well-lit Gathering Room which provides two seating areas, floor to ceiling window arrangement and stone fireplace. Completing the first floor is a Powder Room with "William Draper" vanity with marble sink top. Mudroom with laundry units, a walk- in "pool” shower, and travertine tile floor. The Primary Bedroom has its own wing of the house. With vaulted ceilings, sitting area, a private walk out balcony, two spacious walk-in closets with built ins and a wall of windows overlooking the yard. The spacious updated Primary Bath features dual William Draper vanities with marble countertops, a limestone tile floor and shower, a jetted tub overlooking the yard and a spacious walk-in shower with marble seat. The 3 other spacious bedrooms on the second level have their own special features, including exposed stone walls, vaulted ceilings, ample natural lighting. There is a staircase to the attic for extensive storage. The outdoor space features a lovely blue stone patio, a shimmering saltwater pool, a barn utilized as a garage with 2 closed bays and 2 open bays with walk up storage. Other highlights of this meticulously restored home include lush landscaping, irrigation system, firepit, upgraded mechanicals, generator, upgraded Marvin windows & doors, re-purposed long leaf pine flooring. Located in the Central Bucks School District with commuting proximity to Newtown, Doylestown, New Hope and Peddler’s Village. This wonderful farmstead is truly the best of both worlds that features old world charm in harmony with modern features and extensive improvements!
Property Information
Lot Size
12 acre(s) square ft
Property Type
Residential
Year Built
1810
MLS Number
PABU2068376
Location
Address
1661 DURHAM ROAD
City
NEW HOPE
State
PA
Zip Code
18938
County
BUCKS (SOUTHEAST)
Listing
Provider
Jay Spaziano Real Estate, original listing
Name
Jay Spaziano Real Estate
Phone
(215) 493-1220
Office Name
Jay Spaziano Real Estate
Office Phone
(215) 493-1220
Agent Name
Jay Spaziano

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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.