1310 Centerville RdNewville, PA 17241

Property Details for 1310 Centerville Rd

Year built

1992

Lot size

1.07 AC

Property size (Sq ft)

1,872 SF

Property type

Investment properties

Property subtype

Live-work space

APN

31-13-0114-110

APU

31130114110

Description

Discover the Mt. Asbury Retreat Center, a stunning 117-acre property in Newville, PA, nestled at the base of South Mountain. This unique offering includes a 16,686 square foot, 2009-built main building featuring 14 bedrooms, 17 bathrooms, a large social hall, commercial kitchen, chapel, conference room with fireplace, and recreational room. Beyond the main building, find a charming vintage stone lodge (4 bedrooms, 2.5 baths), a newer Cape Cod-style home (4 bedrooms, 3.5 baths with finished basement and 2-car garage), and a 2-bedroom carriage house. Extensive amenities enhance this property, including a maintenance building, pavilion, gazebo, fire pit, koi pond, and three wooded walking trails. A backup generator ensures peace of mind. The property boasts ample road frontage on Centerville Road with four entrances and a private mountain road. Conveniently located 3.5 miles from Interstate 81, 12 miles from Carlisle, and 30 miles from Harrisburg, it's also near Pine Grove State Park, Michaux State Forest, and the Appalachian Trail. Zoned Conservation, this fee-simple property presents a remarkable opportunity for various uses, including corporate retreats, conference centers, summer camps, religious organizations, private clubs, or a serene personal escape. The property is 117.37 acres and has a single story main building. APN: 31-13-0114-015EX. Asking price: $2,350,000.

• CAP approach

  CAP return

  Valuation

  6%

  $399,403

  6.5%

  $368,680

  7%

  $342,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $191,201

  Geo Method

  $117,768

• Alternative Use

  Use

  Valuation

  Residential

  $457,163

  Hospitality

  $418,759

  Educational

  $348,403

  Medical

  $360,385

  Retail

  $541,960

Location Insight

City

Newville

County

Cumberland

State

Pennsylvania

Latitude

40.0895

Longitude

-77.3164

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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