$289,900 Pennsylvania Country Estate With 55.68 Acres, 4 Bedrooms and 3-Car Garage

For buyers looking for privacy, substantial acreage, and a spacious home in a peaceful Pennsylvania setting, 349 Steiner Rd, Damascus, PA 18415 presents an unusual opportunity. Listed for $289,900, the property combines approximately 55.68 acres with a contemporary residence offering about 2,532 square feet of finished above-ground living space.

Built in 1985, the home features four bedrooms, four full bathrooms, and one half bathroom. The interior includes an open floor plan, oversized kitchen with a large island, hardwood flooring, a stone fireplace, large windows, an enclosed sunroom described in the marketing, and a full walk-out basement.

The acreage is arguably the property’s biggest attraction. With approximately 55.68 acres of cleared and wooded land, the property offers a level of privacy that is difficult to find in a typical residential setting. Mature trees and open areas surround the home, creating a peaceful country atmosphere.

The residence itself has several features that could appeal to a buyer seeking a spacious rural home. The living room measures approximately 22 by 17 feet and features a stone fireplace, while the dining room is similarly generous. The large kitchen is reported at approximately 25 by 20 feet, creating a substantial gathering and preparation area.

The primary bedroom is especially spacious, measuring approximately 23 by 18 feet, with an attached bathroom. Three additional bedrooms provide flexibility for family members, guests, home offices, or hobbies.

The property also has an unusually high bathroom count, with four full bathrooms and one half bathroom. While this provides convenience for a large household, buyers considering renovation should carefully evaluate the condition of the plumbing, fixtures, tile, ventilation, cabinetry, and other bathroom components.

Another major feature is the attached three-car garage. For a property with more than 55 acres, this additional space could be useful not only for vehicles but also for tools, outdoor equipment, recreational gear, and storage.

The home also includes a full walk-out basement. The basement provides substantial additional space, although the listing does not identify it as finished living area. Buyers interested in future conversion should verify ceiling height, moisture conditions, drainage, electrical capacity, egress, and applicable building requirements.

Outdoor living is another part of the property’s appeal. A deck overlooks the surrounding landscape, while the wooded and cleared portions of the property create opportunities for enjoying the outdoors. Exact uses of the acreage should be confirmed through local zoning and environmental requirements.

The property is supplied by a private well and septic system. Buyers should arrange appropriate inspections and testing to understand the condition, capacity, and maintenance history of both systems.

Heating information should also be carefully reviewed. The listing identifies baseboard, propane, electric, and hot-water heating, so buyers should determine the exact configuration, primary heat source, equipment ages, fuel requirements, and operating costs.

The listing reports no HOA, which may appeal to buyers seeking greater independence. However, the property is located in a residential zoning district, and zoning regulations still apply to any future plans involving additional structures, subdivision, commercial use, rentals, or other changes.

The property’s foreclosure and REO status is another important consideration. Buyers should approach the transaction with careful due diligence because REO properties can have limited seller knowledge regarding the home’s maintenance history and condition.

The listing currently specifies cash as the purchase term. Prospective buyers should confirm the current transaction requirements, title conditions, deposit requirements, closing procedures, and whether financing is actually available before making assumptions based on the advertised property.

At $289,900, the asking price works out to approximately $114 per square foot based on the reported 2,532 square feet of finished above-ground living area. However, that calculation does not account for the value of the 55.68-acre parcel, garage, basement, well, septic system, and other improvements.

Simply dividing the asking price by the acreage produces approximately $5,207 per acre, but that is not a true land valuation because the purchase price also includes the residence and improvements. Comparable large-acreage sales would provide a much more meaningful benchmark.

The property has a reported tax assessed value of approximately $505,500, substantially above the current asking price. While the difference may attract attention, assessed value should not be interpreted as guaranteed equity or market value.

Annual property taxes are reported at approximately $9,581, which works out to roughly $798 per month when averaged across the year. This recurring expense should be considered alongside insurance, utilities, maintenance, septic and well servicing, landscaping, snow removal, and upkeep of the extensive acreage.

The listing also displays an estimated monthly payment of approximately $2,218, but that figure is only an online estimate and should not be interpreted as an available financing quote, particularly because the listing specifies cash terms.

For anyone considering the property as a renovation project, the first priority should be understanding its structural and mechanical condition. The roof, foundation, exterior, windows, electrical system, plumbing, heating equipment, well, septic system, fireplace, deck, and garage should all be professionally evaluated.

The home’s existing character could provide a strong starting point for renovation. Hardwood floors, natural wood finishes, large windows, a stone fireplace, spacious rooms, an oversized kitchen, and a sunroom give the property elements that could be preserved while other areas are modernized.

The basement also provides potential flexibility. While it should not automatically be counted as finished living space, its walk-out configuration could make it useful for storage, hobbies, workshop activities, or potentially future finished space if local requirements can be met.

The acreage offers another dimension to the property. A buyer could enjoy the land as a private recreational setting, subject to applicable regulations, or simply preserve the wooded environment and open areas as part of the property’s rural character.

Anyone considering additional construction or subdivision should conduct separate due diligence. A parcel this large does not automatically mean that additional homes or lots can be created. Zoning, road access, frontage, septic suitability, soils, wetlands, easements, topography, and municipal approvals can all affect development potential.

The combination of home and land also makes this property different from a conventional residential listing. Buyers are not simply comparing the house to other four-bedroom homes; they are evaluating the entire package of residence, garage, basement, acreage, privacy, and rural setting.

According to the supplied listing information, the property received approximately 1,775 Zillow views and 228 saves within its first three days. Those numbers suggest strong online interest, although views and saves do not establish market value or guarantee a sale.

For the right buyer, the property’s appeal is easy to understand. It offers a large home, five total bathrooms, a three-car garage, substantial outdoor space, and more than 55 acres at an asking price below the reported tax assessment.

At the same time, the foreclosure/REO status and cash requirement mean this is not a property that should be purchased based solely on the headline price. A thorough inspection, title review, survey, well and septic evaluation, and realistic renovation estimate are essential.

The biggest question may ultimately be what a buyer wants to do with the property. Someone seeking a private country residence could focus on making the existing home comfortable and preserving its natural surroundings. A buyer interested in renovation could modernize the interior while retaining the stone fireplace and wood character.

For an investor, the numbers should be approached conservatively. The purchase price, renovation costs, property taxes, insurance, utilities, maintenance, land-management expenses, holding costs, and potential resale value all need to be calculated before determining whether the opportunity makes financial sense.

349 Steiner Rd in Damascus is an uncommon Pennsylvania property because the house and acreage are both substantial. The contemporary residence provides approximately 2,532 finished above-ground square feet, while the surrounding 55.68 acres offer the privacy and natural setting that many country-property buyers are searching for.

With four bedrooms, four full bathrooms, one half bathroom, a large kitchen, stone fireplace, hardwood floors, sunroom, walk-out basement, deck, and three-car garage, the property has a solid collection of features already in place.

The next owner will need to determine how much renovation is required and how the extensive acreage fits into their plans. With careful due diligence and a realistic understanding of the property’s condition, this $289,900 Damascus property could become a distinctive private retreat for someone looking for space, privacy, and a substantial piece of Pennsylvania countryside.

Listed on Zillow