$925,000
Gilbert, PA 18331
MLS# PM-98909
Status: Closed
9 beds | 6 baths | 5105 sqft
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Property Description
Established facility for the serious equestrian. MAIN RESIDENCE: The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated ¾ bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX: Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellent
Details
Maps
Contract Information
Listing Service: Full Service
Development Rights YN: No
Current Price: $925,000
Property Sub Type: Farm
Sold Price: $925,000
Status: Closed
Listing Contract Date: 2022-07-11
Location, Tax, and Legal
Parcel Number: 02.9E.2.3
Municipality: Chestnuthill Township
High School District: Pleasant Valley
Cnty&Muni Taxes (Legacy): 2641.87
School Tax Amount: 10114.14
Tax Annual Amount: 12756.02
Tax Assessed Value: 429510
Tax Book Number: 2376/6943
Zoning Description: Residential
General Property Information
Rooms Total: 25
Above Grade Finished Area: 4105
Below Grade Finished Area: 1000
Living Area: 5105
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0
Building Area Source: Estimated
Stories: 2
Year Built Source: Other
Garage YN: Yes
Garage Spaces: 2
Lot Size Acres: 9.77
Sign On Property YN: No
List Price/Acre: 186.09
Sold Price/Acre: 181.19
Bedrooms Total: 9
Bathrooms Total: 6
Bathrooms Full: 6
Building Area Total: 5105
Year Built: 1985
Remarks and Miscellaneous
Public Historical Remarks: Water Source: Well Drilled, Occupy: MultiFam, Includes: Home,Out Building(s), Horse: 11 Plus, Buildings: Implement Shed, Miscellaneous: Zoning Code R-1, Miscellaneous: Cert of Occ Req'd No
Public Remarks: Established facility for the serious equestrian. MAIN RESIDENCE: The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated ¾ bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX: Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellent
Listing Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Current Use
Horses: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Water Source
Well: 1
Sewer
Septic Tank: 1
Other Structures
Barn(s): 1
Shed(s): 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Horse Amenities
Barn: 1
See Remarks: 1
Room Types
Living Room: 1
Bathroom 4: 1
Bathroom 4 Level: First
Bathroom 5: 1
Bathroom 5 Level: First
Living Room Level: Second
Dining Room: 1
Bedroom 2: 1
Bedroom 2 Level: First
Bedroom 3: 1
Bedroom 3 Level: Second
Bedroom 4: 1
Bedroom 4 Level: Second
Dining Room Level: Second
Family Room: 1
Family Room Level: Third
Kitchen: 1
Kitchen Level: Second
Other: 1
Other Level: Third
Primary Bedroom: 1
Primary Bedroom Level: Second
Location Tax and Legal
County: Monroe
Street Number: 167
Street Name: Old Stagecoach
Street Suffix: Road
City (Post Office): Gilbert
State: PA
Postal Code: 18331
Subdivision Name: None
Status Change Information
Price Change Timestamp: 2022-09-30T18:43:12Z
Purchase Contract Date: 2023-04-24
Close Date: 2023-06-16
Close Price: 925000
Property Features
Listing Terms: Cash; Conventional
Possession: Negotiable
Current Use: Horses
Cooling: Wall/Window Unit(s)
Heating: Electric
Water Source: Well
Sewer: Septic Tank
Other Structures: Barn(s); Shed(s)
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Horse Amenities: Barn; See Remarks
Room Types: Bathroom 4; Bathroom 5; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Living Room; Other; Primary Bedroom
Supplements
rental history with a group of stable & good tenants who would like to stay on. STABLE COMPLEX: Handsomely appointed box stalls. Beautiful & spacious indoor riding arena with heated lounge. Grooming/tack area conveniently situated at entrance of indoor ring. Restroom, hot walker, 6 paddocks. Footing in indoor ring belongs to previous tenant - she will replace w/ basic footing or sell footing to new owner. Pond in rear of property. Ample parking for both cars & trailers. Separate 9 stall barn + shed row with stalls that can be used for quarantine. Separate outbuildings to house sawdust & equipment. Although there are 40 stalls in total, current Nutrient Management Program (NMP) allows for 20 horses on the property- this can change depending on number of pastures in use. The NMP can be purchased from previous tenant. Details on file. Enjoy the income this property produces! Annual gross rent of $63,600 which includes rent of stable complex. Rent is way below market value - projected increase in rent is between 8-9K more per year. Could never build all the infrastructure at this price! Non-conformance agreement for zoning. Large barn & indoor arena on separate meter. Upper barn, outside lighting, garage, & well pump & laundry room on separate meter. Proof of financial qualifications must be sent to listing broker prior to any showings. Thank you.
Room Information
| Room Name | Level | Length | Length | Width | Width |
| Bathroom 4 | First | ||||
| Bathroom 5 | First | ||||
| Living Room | First | 25.00 | 25.00 | 11.00 | 11.00 |
| Living Room | Second | 22.00 | 22.00 | 11.00 | 11.00 |
| Kitchen | First | 13.00 | 13.00 | 9.00 | 9.00 |
| Kitchen | Second | 10.00 | 10.00 | 9.00 | 9.00 |
| Bedroom 2 | First | 11.00 | 11.00 | 7.00 | 7.00 |
| Bedroom 3 | Second | 11.00 | 11.00 | 11.00 | 11.00 |
| Bedroom 4 | Second | 11.00 | 11.00 | 10.00 | 10.00 |
| Dining Room | Second | 9.00 | 9.00 | 9.00 | 9.00 |
| Primary Bedroom | Second | 13.00 | 13.00 | 11.00 | 11.00 |
| Family Room | Third | 23.00 | 23.00 | 13.00 | 13.00 |
| Other | Third | 11.00 | 11.00 | 10.00 | 10.00 |
Listing Office: Cindy Stys Equestrian & Country Prop., Ltd.
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.