$460,000

Welcome to 152 Gwynedd Manor Road in Gwynedd Valley. Situated on a scenic and spectacular 1.63 acre lot at the bend of a quiet, tree-lined street, this home is in need of complete renovation in order to make it livable and/or to restore it to its former glory. The structure has 3 bedrooms and 1.5 baths and 1920 square feet of living space. There is also a large oversized 2 car detached garage. The driveway can easily accommodate 10+ cars. There is also ample parking at the street. The lot also has a fiberglass in-ground pool, which was last used a couple years ago. All of the systems in the home are older and are in need of replacement. Some of the systems have failed, including the heat, roof, and sewer lateral. The sellers will not perform repairs, nor will they replace failed systems or provide credits. This is an “as is - where is” sale. The sellers may not be able to remove all the contents from the property, so the buyer will need to be willing to accept the property in its current condition with some personal property items that may be left remaining in and around the property at the time of settlement. Please make certain to include a statement to this effect in your written offer. A buyer may wish to tear down the existing structure and build new, which likely represents the highest and best use for this property. The average sale price for a single family residence in Gwynedd Valley over the past 12 months is nearly $1,500,000. This is a highly desirable neighborhood that could easily support a million dollar new home build; There have been recent sales on Gwynedd Manor Road within the past few months; the final sale prices were $745,000, $850,000, and $860,000. None of those lots were as large or scenic as 152 Gwynedd Manor Road and none of the homes were new construction. Cash is preferred, but the seller may be willing to consider an offer contingent upon a renovation loan or construction loan (in the case of a tear down). All interested parties should have a preapproval in hand for a renovation or construction loan or have cash to cover the purchase price and closing costs PRIOR to making an appointment to see the property. Please note the house has been winterized. Do not attempt to use any of the plumbing fixtures. Offers are subject to approval by the Orphan’s Court. This listing is cross-listed as vacant land. ALL SHOWINGS ARE BY APPOINTMET ONLY. PLEASE DO NOT WALK THE LOT UNLESS YOUR AGENT IS ACCOMPANYING YOU AND YOU HAVE A CONFIRMED APPOINTMENT FOR THAT TIME.