See Home Value
Bucks 18938
2481 RIVER ROAD
$2,082,088*
House - Off Market

2481 RIVER ROAD

NEW HOPE, PA 18938
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4122 Sqft
$1,665,000 - $2,035,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

LOVE where you work AND live!!  Need a home office? This incredible house has  spaces for a couple of home offices AND a TWO bedroom two bath guest house that could be used for extended family OR a fantastic home office!! Situated on  almost 4 acres positioned just north of New Hope (less than half a mile)  and south of the historical village of Phillips Mill (north one mile), the possible uses include retail, light industrial, Bed and Breakfast, Medical, etc etc.... and, with the huge circular drive, large trucks can access the property with great ease.   The property was built by a Pennsylvania Impressionist/New Hope School artist. Painter Robert Spencer (1879-1931) used its airy, light-filled studio spaces to create works now in the collections of museums and collectors around the world. Most recently, the property has been updated by its professional designer/owner to serve a commercial/residential use. With its zoning "Light Industrial," the property offers a plethora of potential uses!!  Its plan is very smart and its finishes are top grade. With a fireplace with raised-panel surround and dramatic two story  wall of  windows, the studio/reception room could just as easily serve as a grand living room. French doors open into the formal dining room. A staircase leads to a loft with doors to second-floor bedrooms/offices. Behind the studio is a wet bar/butler's pantry with plenty of storage, a wine chiller, under-mount sink and stone countertops. A powder room is also tucked away here. Timeless in its design, the kitchen is finished with Quartz countertops, Viking refrigerator-freezer, Fisher-Paykel drawer dishwasher, Shaws Original farmhouse sink and custom cabinetry that fits the period of the house. A formal dining room, (now used as a conference room), is cozy with grasscloth wallcovering, wainscoting and wood floors. A second powder room and back staircase are nearby. French doors open to a study/second living room with fireplace, high ceilings and a triple  window. Step through another set of French doors to a sun porch. On the second floors are four spaces that had been bedrooms that are now used as office/studio spaces, along with a full hall bath. As a bonus, there is a TWO bedroom TWO full bath guest cottage with fireplace, two private patios, and a bank of garages along with off-street parking. Recent mechanical updates include two zones of heat/AC in the main house and a backup generator for the property. The location is superb for access to New Hope and New Jersey. Come and experience the property where Pennsylvania Impressionist works came to life as Spencer, in 1916, formed The New Hope Group along with such luminaries as Daniel Garber, William Lathrop, Rae Sloan Bredin, Charles Rosen and Morgan.  Property has DIRECT access to Route 202, an hour and 20 to Manhattan and 60 minutes to Philadelphia!!

The manager has listed the unit size as 4122 square feet.
Unit Size
4,122Ft²
Days on Market
-
Land Size
3.86 acres
Price per sqft
$449
Property Type
House
Property Taxes
$1,193
HOA Dues
-
Year Built
1931

Price History

Date / Event Date Event Price
Mar 20, 2024 In contract -
In contract
Mar 19, 2024 Listed $1,470,000
Listed
Jan 3, 2024 No longer available -
No longer available
Sep 6, 2023 Relisted $1,595,000
Relisted
Sep 3, 2023 No longer available -
No longer available
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Property Highlights

Fireplace
Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
5 Baths
3,600 ft²
$540/ft²
$1,945,000 Sep 27, 2022
$1,945,000 Oct 5, 2023
-
Condo
4 Beds
5 Baths
3,600 ft²
$551/ft²
$1,983,500 Sep 27, 2022
$1,983,500 Nov 17, 2023
-
House
7 Beds
6 Baths
6,881 ft²
$198/ft²
$1,360,000 Apr 13, 2020
$1,360,000 Oct 26, 2020
-
House
2 Beds
3 Baths
7,875 ft²
$146/ft²
$1,150,000 Jul 27, 2018
$1,150,000 Jan 14, 2019
-
Townhouse
4 Beds
5 Baths
3,957 ft²
$556/ft²
$2,199,000 Feb 8, 2024
-
$650/mo
House
8 Beds
8 Baths
4,392 ft²
$376/ft²
$1,650,000 Jul 16, 2023
-
-
Townhouse
3 Beds
5 Baths
3,769 ft²
$557/ft²
$2,100,000 Jan 8, 2024
-
$650/mo
Commercial
Loft
-
-
$1,900,000 Dec 4, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220524
05/24/2022
Loft
-
-
$1,595,000
bedrooms
Loft
bathrooms
-
-
-
-
Linda Danese
Kurfiss Sotheby's International Realty
20200701
07/01/2020
4 Bed
3 Bath
4122 ft²
$1,900,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
4122 ft²
-
-
-
Caryn Black
ADDISON WOLFE REAL ESTATE

Building Info

2481 River Road 2481 River Road, New Hope, PA 18938
  • 1 Unit for Sale
More about this Building
2481 River Road
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About Bucks


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