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4 Old Mill Lane
New Hope, PA 18938
$2,200,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4580
Property Description
As you approach this stately, refined early fieldstone Victorian with its hand cut quoins, impressive bay window & eye-catching dormer you also capture a sense of tranquility evoking a simpler time. Notably, this property rests on an original part of the first land grant in Solebury Township given by William Penn to George Pownall a Quaker in 1682. Built when proportion was respected and attention to detail was standard. This remarkable home truly enjoys a parklike setting on approximately 2.7 acres pleasantly positioned amongst towering pine, Kentucky coffee, ornamental trees & a myriad of shrubs & perennials. A magnificent age-old catalpa tree & wisteria covered pergola add to the mix. Dry laid stone walls create a backdrop for a glorious stone patio w/ brick border looking on a reflecting pool w/ a whimsical cherub fountain. What a great place for an evening soiree. Abundant windows throughout, many of them arched, bring the outside in. Several rooms on the main floor open to stone walkways, patios and a sheltered covered porch. You enter this remarkable home through a period double door looking on to the central staircase which divides both the elegant living room w/ mantled fireplace and an adjacent family room, both w/ lofty ceilings. There are so many original architectural features & qualities to enjoy as you move through this splendid yet relaxed home. Crown moldings, fine woodwork, chamfered plaster, deep windowsills, wainscoting, original hardware, hardwood & wide pine floors and subtle accents add to its unique qualities & character. A den offers tall original cabinetry, plank paneled walls & custom half bath. There is an adjacent laundry. The dining room w/ pine floor is complemented w/ wainscot & original paneling. It opens to an enclosed sunroom. The perfect place to relax & read a book. You also have access to an open covered porch to while away an afternoon & seasonable dining. The country kitchen w/ center island offers abundant cabinetry, granite counters & decorative backsplash offering generous storage & workspace. Stainless steel appliances include 5 burner gas cooktop, 2 convection ovens, custom vent exhaust, dishwasher, upgraded refrigerator & wine cooler. An accessory half bath at this location completes the first floor. The main bedroom suite w/ French door opening to a balcony offers an adjacent sitting room w/ lots of custom built-ins. The “wow” factor can be enjoyed in its luxurious custom bath w/ heated floor, featuring eye catching oval soaking tub, oversized ceramic tile rain shower w/ hexagonal marble accents & seamless door, double vanity sinks w/ quartz counters & custom lighting. There are 3 additional bright & cheerful bedrooms plus 2 beautifully appointed custom tile & marble baths. Pine floors throughout add to this lovely home’s personality, workspace area and additional laundry finish the second floor. Third floor sliding stained glass doors open to a spacious light flooded flex space w/ random wide pine floor & a wall of window seating. There is a separate office plus an additional bedroom for guests framed by large arched windows. A wonderful “bonus” is the fabulous carriage house w/ a stunning custom ceramic tile bath w/ heated floor, expansive sliding doors, ship lap walls & original elements of exposed beams and a stone fireplace adding to its understated country feel + well-planned workspace/food prep area featuring quartz counters & stainless refrigerator. All these amenities create an ideal place for celebrations & large family, friends’ gatherings. Other perks adding value include a detached garden shed, exterior shower, generator, updated heating & air-conditioning and a myriad of improvements. A place to enjoy, relax, & savor life! Easy access to the Delaware River Towpath. Literally, a few minutes to New Hope & Lambertville’s fine restaurants and shops. Convenient to Princeton, New York & Philadelphia.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
1803
MLS Number
PABU2067008
Location
Address
4 OLD MILL LANE
City
NEW HOPE
State
PA
Zip Code
18938
County
BUCKS (SOUTHEAST)
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
Sharon Angle

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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.