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    Deerwood Dr Mercersburg, PA 17236

    Sponsored
    For Sale
    $2,700,000

    19.78 Acres, 31 Finished Lots

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional 19.78-acre development opportunity in Mercersburg, Pennsylvania, featuring 31 finished residential lots within the Deerwood community. This prime parcel boasts stunning mountain views and offers a unique blend of tranquil countryside living with convenient access to recreational amenities, including proximity to Whitetail Ski Resort and Whitetail Golf Resort. All essential utilities, including electric, natural gas, cable TV/internet, and telephone lines, are in place, with the exception of well drilling. The sewer tap fee is included in the asking price of $2,700,000, and sewer laterals are already installed for each lot. The property is zoned for residential use and presents an ideal setting for a new residential development project. This turnkey opportunity simplifies the development process, minimizing upfront infrastructure costs and maximizing potential returns. The property's location, combined with its pre-engineered infrastructure, makes it an attractive investment for developers seeking a high-value, ready-to-build residential community. Don't miss this chance to capitalize on this exceptional development opportunity in a desirable location. The property is located at Deerwood Dr, Mercersburg, PA 17236, in Franklin County.

    Property Features for 0 Deerwood Dr

    General Information

    Property type
    Land
    Lot Size
    861,617 SF

    HighLights

    • 19.78‑acre site with 31 finished lots in Deerwood, ready for residential development.
    • Utilities (electric, natural gas, cable/internet, telephone) are available; sewer tap fees and laterals are included. Well drilling required.
    • Prime location across from Whitetail Ski Resort and near Whitetail Golf Resort, offering mountain views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mercersburg
    County
    Franklin
    State
    Pennsylvania
    Longitude
    -77.936415163704
    Latitude
    39.763440245433

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    FAQs

    What type of property is this?
    Land - 19.78 Acres, 31 Finished Lots
    Where is this land located?
    The property is located at Deerwood Dr Mercersburg, PA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: 19.78-acre site with 31 finished lots in Deerwood, ready for residential development.; Utilities (electric, natural gas, cable/internet, telephone) are available; sewer tap fees and laterals are included. Well drilling required.; Prime location across from Whitetail Ski Resort and near Whitetail Golf Resort, offering mountain views.
    Request Owner's contact information
    Deerwood Dr Mercersburg, PA 17236
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    Mercersburg, PA 17236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Deerwood Dr Mercersburg, PA 17236
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