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863 Robert Fulton Highway
Quarryville, PA 17566
TONYA JAMES with Keller Williams Real Estate -Exton, original listing - (610) 363-4300
$1,950,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3
Property Type
Conventional
Square ft
2606 Square Feet
Property Description
Here’s your chance to buy an amazing home, on 24.59 picturesque acres, complete with a 60’x120’ two-story bank barn, a second 30’x50’ barn, all in the ultimate country setting. Half of the acreage is tillable and half is a combination of woods, meadows, and a stream. Enter the custom log cabin home from your wrap-around porch which surrounds the home. Upon entering, you’ll notice the vaulted ceiling in the living room and the circa 1810 vintage fireplace mantel with a variety of barn wood and beams from local barns. The living room, breakfast area, foyer, and kitchen are open to each other. Attention to detail and tasteful selections are the themes of the open kitchen with custom cabinets, an elevated dishwasher, an oversized basin sink, soapstone counter tops, a large center island, luxury vinyl flooring, a breakfast area, a wooded view, and deck access through French doors. The first floor also features the main bedroom with an en-suite bathroom with wood walls. There is also a large laundry room filled with storage completes the first floor. Above this level is an expansive loft for your favorite activities. There are also two additional bedrooms and a hall bath. The other side of the second floor has a very large room, with wood walls, plenty of natural light, and a back staircase to the garage. It’s currently used as an office and it could also be another bedroom, a game room, or a media room. Need more room? You’ll find it in the walk-out basement which runs the length of the house and has high ceilings. It features a fully finished bathroom, and the rest of it is ready to be finished. There is also an oversized, attached two-car garage with electric heat. The house runs on geothermal heat and you just pay the electric to power the hot air. The home and barns have poured concrete foundations. The larger bank barn has a separate office with electric heat along with self-filling water bowls for the animals, full electricity, and a 15’ x 120’ covered roof in the front. There are various fenced areas as well. Make your appointment today to see this peaceful oasis with massive improvements, a newer home, and substantial and well-built outbuildings. Seller would like to rent the property back. Two lot MLS ID PALA2059544 and PALA2059548 are included in the sale price but can be purchased separate together. Showing will start 10/31/24 with Open House 11/1/2 Time:4 4-6pm
Property Information
Lot Size
24 acre(s) square ft
Property Type
Farm-Farm
Year Built
2016
MLS Number
--
Location
Address
863 ROBERT FULTON HIGHWAY
City
QUARRYVILLE
State
PA
Zip Code
17566
County
LANCASTER (EAST)
Listing
Name
Phone
(610) 363-4300
Office Name
Office Phone
(610) 363-4300
Agent Name
TONYA JAMES
Agency Phone
(610) 363-4300

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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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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.