For Sale
$1,975,000

665 Fairmont AveMohnton, PA 19540

21-Acre Estate, Luxury Home Included

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 21+ acre property in Mohnton, Pennsylvania presents a unique redevelopment opportunity. The site boasts a stunning, move-in ready 3,100 square foot luxury home, completed in 2020, featuring high-end finishes. This single-family residence, situated on the expansive lot, offers immediate occupancy or serves as a centerpiece for a larger residential project. The property is zoned MR - Medium Residential, allowing for the creation of up to nine spacious lots, as indicated by existing development drawings. Located in the desirable Governor Mifflin School District, this location provides convenient access to Route 222, offering easy commutes to Reading and Lancaster. The property includes six parking spaces and benefits from public sewer availability, streamlining any future development plans. The existing home and ample land provide a compelling combination of immediate income potential and significant long-term development upside. With a total asking price of $1,975,000, this represents a land value of $95,000 per acre. This fee-simple ownership opportunity is ideal for developers seeking a prime location for a new residential community or discerning buyers looking for a luxurious home with substantial land. The property's combination of existing improvements and development potential makes it a truly unique offering in the Berks County market. Year built 1977, renovated 2020.

Highlights

  • 21+ wooded acres with approved plans for 9 residential lots.
  • 3,100 sq. ft. move-in ready luxury home, perfect for owner-occupancy or development.
  • Convenient location near Rt 222, providing easy access to Reading and Lancaster.
  • Medium Density Residential (MR) zoning allows for diverse housing options.
  • Public sewer access simplifies development.

Property Details for 665 Fairmont Ave

Property type
Land
Square Feet
3,100 SF
Class
A
Year Built/Renovated
1977/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
914,760 SF
Units
1

Location Insight

City
Mohnton
County
Berks
State
Pennsylvania
Latitude
40.295792982303
Longitude
-75.999006532256
665 Fairmont Ave, Mohnton, Pennsylvania

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665 Fairmont Ave
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