$225,000
East Stroudsburg, PA 18301
MLS# PM-142365
2 beds | 2 baths | 1344 sqft

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Property Description
Opportunity awaits in the heart of Penn Estates! Welcome to 1422 Melrose Terrace, a contemporary-style home in Stroud Township offering endless potential for investors, renovators, or buyers looking to create a personalized mountain retreat. Featuring 2 bedrooms, 2 full bathrooms, and a versatile loft space ideal for a home office, guest area, reading nook, or additional living space, this property is ready for your vision and creativity. An unfinished walk-out basement provides even more room for future expansion, storage, or customization. Located within the amenity-filled Penn Estates community, you'll enjoy convenient access to pools, lakes, sports courts, and community activities, while remaining just minutes from shopping, dining, hiking, skiing, waterparks, and all the attractions the Pocono Mountains have to offer. Whether you're searching for your next investment project, vacation getaway, or a place to make your own, this handyman special presents a rare opportunity to unlock its full potential. Bring your ideas and transform this property into something truly special! Ask how to receive lender credit toward closing costs or lowering your interest rate.
Details
Maps
Contract Information
Listing Service: Full Service
Property Sub Type: Single Family Residence
List Price: $225,000
Current Price: $225,000
Status: Active
Listing Contract Date: 2026-06-19
Location, Tax, and Legal
Parcel Number: 17.15E.1.194
Municipality: Stroud Township
High School District: Stroudsburg Area
Tax Subdivision Name: Penn Estates
County Tax Amount: 456.31
Municipal Tax Amount: 214.94
School Tax Amount: 2282.28
Tax Other Annual Assessment Amount: 15.49
Tax Annual Amount: 2969.02
Tax Assessed Value: 83310
Tax Year: 2025
Tax Map Number: 17638202955528
Tax Lot: 194
Tax Book Number: 2038
Tax Page Number: 4271
Deed Recording Date: 1997-07-29
Tax Legal Description: Lot 194 Sec E
Zoning: R-1
Zoning Description: Residential
General Property Information
Rooms Total: 6
Bathrooms Half: 0
Above Grade Finished Area: 1110
Below Grade Finished Area: 0
Living Area: 1110
Living Area Source: Public Records
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 234
Building Area Source: Public Records
Stories: 2
Year Built Source: Public Records
Fireplace YN: Yes
Basement YN: Yes
Pool Private YN: No
Garage YN: No
Carport YN: No
Open Parking YN: No
Lot Size Acres: 0.34
Association YN: Yes
Association Fee: 1416
Association Fee Frequency: Annually
Water Body Access YN: Yes
Capital Improvement Fee: 1466
List Price/SqFt: 167.41
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Total: 1344
Year Built: 1987
Currently Not Used
Furnished: Unfurnished
Remarks and Miscellaneous
Public Remarks: Opportunity awaits in the heart of Penn Estates! Welcome to 1422 Melrose Terrace, a contemporary-style home in Stroud Township offering endless potential for investors, renovators, or buyers looking to create a personalized mountain retreat. Featuring 2 bedrooms, 2 full bathrooms, and a versatile loft space ideal for a home office, guest area, reading nook, or additional living space, this property is ready for your vision and creativity. An unfinished walk-out basement provides even more room for future expansion, storage, or customization. Located within the amenity-filled Penn Estates community, you'll enjoy convenient access to pools, lakes, sports courts, and community activities, while remaining just minutes from shopping, dining, hiking, skiing, waterparks, and all the attractions the Pocono Mountains have to offer. Whether you're searching for your next investment project, vacation getaway, or a place to make your own, this handyman special presents a rare opportunity to unlock its full potential. Bring your ideas and transform this property into something truly special! Ask how to receive lender credit toward closing costs or lowering your interest rate.
Inclusions: Refrigerator, Washer/Dryer, Non Built-in Microwave, Curtains/Drapes
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Disclosures
Virtual Staging: 1
Possession
Close Of Escrow: 1
Common Walls
No Common Walls: 1
Structure Type
House: 1
Current Use
Residential: 1
Architectural Style
Contemporary: 1
Interior Features
Eat-in Kitchen: 1
Cathedral Ceiling(s): 1
Walk-In Closet(s): 1
Open Floorplan: 1
Ceiling Fan(s): 1
Fireplace Features
Fireplaces Total: 1
Living Room: 1
Brick: 1
Laundry Features
Lower Level: 1
Flooring
Carpet: 1
Tile: 1
Door Features
Sliding Doors: 1
Storm Door(s): 1
Window Features
Skylight(s): 1
Drapes: 1
Construction Materials
Concrete: 1
Vinyl Siding: 1
Basement
Walk-Out Access: 1
Unfinished: 1
Roof
Asphalt: 1
Fiberglass: 1
Cooling
Ceiling Fan(s): 1
None: 1
Heating
Baseboard: 1
Wood Stove: 1
Electric: 1
Appliances
Electric Range: 1
Refrigerator: 1
Microwave: 1
Washer: 1
Dryer: 1
Water Source
Private: 1
Sewer
Private Sewer: 1
Parking Features
Off Street: 1
Lot Features
Wooded: 1
Road Surface Type
Paved: 1
Road Responsibility
Private Maintained Road: 1
Association Amenities
Security: 1
Gated: 1
Clubhouse: 1
Playground: 1
Outdoor Pool: 1
Fitness Center: 1
Tennis Court(s): 1
Basketball Court: 1
Association Fee Includes
Security: 1
Maintenance Road: 1
Room Types
Living Room: 1
Bathroom 2: 1
Bathroom 2 Level: First
Living Room Level: First
Dining Room: 1
Bedroom 2: 1
Bedroom 2 Level: First
Dining Room Level: First
Kitchen: 1
Kitchen Level: First
Loft: 1
Loft Level: Second
Other: 1
Other Level: Second
Primary Bathroom: 1
Primary Bathroom Level: Second
Primary Bedroom: 1
Primary Bedroom Level: Second
Location Tax and Legal
County: Monroe
Street Number: 1422
Street Name: Melrose
Street Suffix: Terrace
City (Post Office): East Stroudsburg
State: PA
Postal Code: 18301
Subdivision Name: Penn Estates
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Disclosures: Virtual Staging
Possession: Close Of Escrow
Structure Type: House
Common Walls: No Common Walls
Current Use: Residential
Architectural Style: Contemporary
Interior Features: Eat-in Kitchen; Cathedral Ceiling(s); Walk-In Closet(s); Open Floorplan; Ceiling Fan(s)
Fireplace Features: Living Room; Brick
Laundry Features: Lower Level
Flooring: Carpet; Tile
Door Features: Sliding Doors; Storm Door(s)
Window Features: Skylight(s); Drapes
Construction Materials: Concrete; Vinyl Siding
Basement: Walk-Out Access; Unfinished
Roof: Asphalt; Fiberglass
Cooling: Ceiling Fan(s); None
Heating: Baseboard; Wood Stove; Electric
Appliances: Electric Range; Refrigerator; Microwave; Washer; Dryer
Water Source: Private
Sewer: Private Sewer
Parking Features: Off Street
Lot Features: Wooded
Road Surface Type: Paved
Road Responsibility: Private Maintained Road
Association Amenities: Security; Gated; Clubhouse; Playground; Outdoor Pool; Fitness Center; Tennis Court(s); Basketball Court
Association Fee Includes: Security; Maintenance Road
Room Types: Living Room; Dining Room; Kitchen; Primary Bedroom; Bedroom 2; Primary Bathroom; Bathroom 2; Loft; Other
Room Information
| Room Name | Level | Length | Length | Width | Width | Remarks |
| Living Room | First | 17.70 | 17.70 | 11.10 | 11.10 | |
| Dining Room | First | 13.80 | 13.80 | 11.60 | 11.60 | |
| Kitchen | First | 11.60 | 11.60 | 7.10 | 7.10 | |
| Bedroom 2 | First | 11.10 | 11.10 | 9.50 | 9.50 | |
| Bathroom 2 | First | 8.10 | 8.10 | 6.10 | 6.10 | |
| Loft | Second | 12.00 | 12.00 | 8.90 | 8.90 | |
| Primary Bedroom | Second | 14.11 | 14.11 | 9.40 | 9.40 | |
| Primary Bathroom | Second | 7.11 | 7.11 | 6.40 | 6.40 | with second 7.11 X 5 Primary Bath |
| Other | Second | 7.11 | 7.11 | 5.11 | 5.11 | Primary Closet |
Listing Office: Keller Williams Real Estate - Northampton Co
Last Updated: June - 19 - 2026
Information deemed reliable but not guaranteed.