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325 CHESTNUTWOOD LANE
BENSALEM, PA 19020

$2,600,000

Number of Units: 4
Type: Multi-Unit Residential
1 / 1
Listing #PABU157048
Gorgeous riverfront Estate on 7.93 acres, complete with $100,000 in residual income. After a scenic journey down a long private wooded road (of additional acreage not included the 7.93) you will pull up to the absolutely stunning stone mansion built in 1857 and lovingly maintained throughout the years. From the Doylestown Moravian Tile Works detailing in the fireplace, to the hand milled moldings, the owner's attention to detail is unparalleled. You'll have your choice of morning coffee on the stunning front porch, lunch on the deck over the water or simply floating in the riverside pool. The Grand staircase centers the 300 square foot foyer which leads to the living room, Parlor, Main dining room, breakfast room, kitchen and office. This impressive estate is complete with 12'6" ceilings, 10' pocket doors, hardwood flooring throughout, multiple fireplaces, Library, Butler's pantry, 2 staircases, 7 bedrooms, 4.5 bathrooms, 5 additional rooms on the third floor and a plethora of handcrafted woodwork. The large windows throughout allow an abundance of natural light into the home and breathtaking water views from almost every room. You won't believe the detail and care put into this home! The partially finished walkout basement boasts a recreation room with pool table on one side and the other side, with its beautiful stone arches, would make an incredible wine cellar. In addition to the main house, this estate includes a 3BR/2BA River house with two decks, a dock on the water and an in-ground pool, a Carriage house with four 2BR/1BA apartments, a 2BR/1BA Cottage and a Barn. Not including the main house, these 6 additional units net $100,000 annually. This estate is in the absolute perfect location just minutes outside of city limits, away from all the chaos that is life, yet only a stone's throw from historic Philadelphia, Parx Casino, shopping, Sesame Place and a short commute to New York and DC. This sprawling estate leaves nothing to be desired. The possibilities are endless for a wonderful bed and breakfast or a corporate retreat. While living in this dream home may on the surface seem impossible, the rental opportunity makes living here a much more attainable reality. Come see the endless possibilities here on the river.
Property Features
Location Information
County: BUCKS
Cross Street: TENNIS
Latitude: 40.05971909
Longitude: -74.96701303
MLS Area: Bensalem Twp (10102)
Subdivision: ANDALUSIA
Interior Features
Heating: Radiator
Heating Fuel: Natural Gas
Cooling: Wall Unit
Water Heater: Natural Gas
Basement Description: Full
Has Basement: yes
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 4
Number of 3 Bedroom Units: 2
Total Number of Units: 4
Exterior Features
Is New Construction: No
Foundation: Stone
Roof: Slate
Septic or Sewer: On Site Septic
Water: Well
Parking Description: Private
Has Garage: yes
Garage Spaces: 2
Lot Size in Acres: 7.93
Zoning: RA2
Property Condition: Average+Prop
Water Body: River
Has Waterfront: yes
Has Water Access: yes
School
High School: BENSALEM TOWNSHIP
Additional Information
ListDate: 2018-11-21 00:00:00.0
Property Type: RI
Property SubType: Quadruplex
Year Built: 1857
Status: Active
Tax Year: 2018
Tax Amount: 36, 562


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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: David C Cary
Salomon Realty LLC
2157881114
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BRIGHT(MRIS/Trend) data last updated at April 17, 2019 11:11 PM ET