702 Old Westminster Rd, Hanover, PA 17331

$1,375,000
4
BD
3
BA
1,952
SqFt

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List Price
$1,375,000
Status
ACTIVE UNDER CONTRACT
Days on Market
35
MLS#
PAAD2024506
Subtype
Residential
Style
Farmhouse
Year Built
1900
Bedrooms
4
Bathrooms
3
Full Baths
1
Half Baths
2
Living Area
1,952
Lot Size
2,462,447
Acres
56.53
Subdivision
None Available
MLS Area Major
Union Twp (14341)

Property Description

Picture the first morning here. Fog still resting in the low end of the valley, coffee on the wraparound porch, and no neighbor close enough to hear a screen door close. This is 56.53+/- acres in Cherry Valley, and from the moment the driveway pulls you back off the road, it feels like it belongs to you alone. The people who own the other half of the valley are the only company you have, and even they are a long way off. This is land you can live on fully. Roughly 25 acres are tillable and currently in row crops with a ground lease bringing in enough income to offset about half of your annual taxes. The back of the property has been left as a wildlife sanctuary for years, and the whitetail deer show up season after season. A pond helded with bass and bluegill waits for a cane pole and a slow evening. You own 98 percent of the creek that runs through the valley, and a second creek runs quietly through the back which holds an artesian well within it. An original spring house still marks the first water source on the place up near the home so water is never an issue here. The farmhouse has four bedrooms and two and a half baths across roughly 1,952 square feet, with another 800 square feet in the basement. Built in 1900 and remodeled in 2007, it has kept its soul, from the pressed tin ceiling in the kitchen to the wide plank floors and the radiator warmth on a cold night. A whole house generator conveys, so a storm never leaves you in the dark. A classic red bank barn with twin silos anchors the property, joined by a detached garage, a second barn, corn crib, a summer kitchen, and Amish built outbuildings with horse stables and a chicken coop. The heated in ground pool sits behind the house surround with beautiful stone, a pergola and a gas fire pit, waiting to entertain you and your guests. Then there is the part most people miss until they ask. This farm is zoned R-1, and that changes what it can become. The life you build here does not have to end with you. You could hold it as it sits, then subdivide and sell off lots over time to bring in income. You could set aside ground for a family compound, where your children build within sight of the porch you started on. Or, knowing that good land keeps climbing in value, you could one day work a deal with a developer and see a return well beyond today's price, all with the right due diligence. None of that means the farm should be carved up as the agricultural layout it holds today is part of what makes it special but having the option is its own kind of financial security, the kind of value you rarely find on a farm this size in this area. Oil, gas, mineral rights convey. No drive ups without an appointment with a licensed realtor. Buyer and agents to do their own due diligence on use.

Additional Information

Interior Features
Dining Combo, Traditional Floorplan
Exterior Features
Extensive Hardscape, Outbuildings, Playground, Stone Retaining Walls
Taxes
$4,939
Property Description
Farmhouse
Zoning
RESIDENTIAL
Appliances
Refrigerator, Oven
Heating
Radiator(s), Hot Water
Air Conditioning
Window/Wall
Levels
Two and One Half
Roof
Shingle, Asphalt, Metal
Foundation
Block, Stone
Parking Features
Asphalt
Garage Spaces
3
School District
Littlestown Area
Middle School
Maple Avenue
High School
Littlestown
View
Creek/Stream, Pond, Scenic View(s), Valley

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Listing courtesy of Whitetail Properties Real Estate, LLC. Contact: