Expansive 5-Acre Property with Historic Character and Development Potential

Discover an exceptional opportunity in Centerville Borough with this expansive property situated on approximately 5 acres spanning six lots. Extending from Route 40 to Old National Pike, the property offers an unusual combination of acreage, frontage, existing utilities, and an existing home with classic architectural character.

For buyers searching for a property with space, flexibility, and renovation potential, this offering provides a substantial foundation for a variety of future plans. The existing residence requires a full renovation and significant TLC, but its original character, hardwood floors, traditional woodwork, and underlying craftsmanship provide distinctive features that may be worth preserving as part of a thoughtful restoration.

The property encompasses approximately 5 acres and includes six lots, creating a large footprint with considerable flexibility. Its location stretching between Route 40 and Old National Pike provides notable frontage and access considerations that prospective buyers should evaluate carefully based on their intended use.

One of the property’s most important features is the availability of essential public utilities. Public water, public sewage, and natural gas are already available, while multiple sewage taps are reportedly in place. These existing infrastructure components can provide valuable flexibility for the current residence and may be important considerations for buyers evaluating future improvements or potential development opportunities.

Buyers should independently verify utility locations, capacity, tap availability, connection requirements, fees, easements, and applicable municipal regulations before making any decisions regarding future construction or development.

The existing home is an important part of the property’s character. Although the residence requires a full renovation, it features classic architectural details that can provide a foundation for restoration. Original hardwood floors and classic woodwork throughout the home contribute to its traditional appearance and offer elements that may be incorporated into a future renovation plan.

Original hardwood flooring can add warmth and character to a renovated home, particularly when carefully restored and combined with updated systems and modern finishes. Similarly, traditional woodwork can provide architectural detail that is difficult to reproduce in newer construction.

The property may therefore appeal to buyers who appreciate older homes and understand the potential involved in restoring a residence while retaining some of its original character. The renovation process could allow the next owner to evaluate which existing features should be preserved, repaired, refinished, or replaced.

Because the home requires a full renovation, prospective buyers should approach the property with realistic expectations. A comprehensive inspection and professional evaluation are recommended before purchase. Depending on the property’s current condition, a renovation project could involve structural components, electrical systems, plumbing, heating and cooling, roofing, insulation, windows, doors, flooring, kitchens, bathrooms, interior finishes, and exterior improvements.

The scope and cost of the work should be determined by qualified professionals familiar with renovation projects of this type. Buyers should also investigate applicable permits, zoning requirements, building codes, historical considerations if applicable, utility requirements, and municipal approvals before developing a detailed renovation plan.

Beyond the existing home, the property’s acreage is one of its most significant characteristics. Approximately five acres across six lots creates an expansive setting compared with a typical residential parcel. The available land may provide opportunities for landscaping, outdoor recreation, gardens, additional improvements, or other permitted uses.

The property’s frontage from Route 40 to Old National Pike adds another dimension to the opportunity. Buyers interested in maximizing the property’s potential should carefully research frontage requirements, access points, setbacks, zoning classifications, easements, subdivision regulations, and any restrictions that may apply to the individual lots.

While the property’s size and utility availability may make it interesting to buyers considering future development, no specific development outcome should be assumed without proper due diligence. Any future subdivision, construction, expansion, or additional use would be subject to local zoning, permitting, engineering, utility, environmental, access, and other requirements.

The multiple sewage taps already in place are another notable feature. Existing taps may provide useful infrastructure for the property, but prospective buyers should confirm the exact number, location, status, capacity, ownership, and conditions associated with each tap. Buyers should also verify whether the taps can be used for future construction or additional structures.

Public water availability provides another important utility advantage. Access to public water can simplify certain aspects of property planning compared with properties that rely on private wells, although buyers should still verify connection details, service capacity, tap fees, and applicable requirements.

Natural gas is also available, adding another established utility to the property. Buyers should verify the exact service location and whether existing connections are active, functional, or require upgrades.

The combination of public water, public sewage, natural gas, and multiple sewage taps gives this property a particularly useful infrastructure profile. However, buyers should not rely on general utility availability alone when planning future improvements. Professional verification is essential to determine exactly what infrastructure is available and how it may be used.

For someone interested in restoring the existing residence, the property’s infrastructure and acreage provide a compelling starting point. The home could potentially be renovated into a comfortable residence while retaining selected architectural details that reflect its original character.

The original hardwood floors and woodwork may become defining features of a completed restoration. Depending on their condition, these elements could potentially be cleaned, refinished, repaired, or incorporated into a broader design concept.

A renovation project also provides an opportunity to modernize areas that may no longer meet contemporary expectations. Buyers may choose to evaluate the kitchen, bathrooms, lighting, electrical systems, plumbing, insulation, heating and cooling, windows, and other components as part of a comprehensive plan.

The property’s large lot configuration also allows buyers to think beyond the existing structure. Depending on applicable zoning and approvals, the acreage could potentially support additional permitted uses or improvements. Any such plans should be considered only after confirming local regulations and obtaining appropriate professional guidance.

This property may appeal to several types of buyers. A traditional homeowner may appreciate the opportunity to restore a character-filled residence and enjoy a large parcel. A renovation-minded buyer may see potential in the existing architectural details. A builder or developer may be interested in evaluating the six-lot configuration and available utilities. An investor may wish to conduct a feasibility analysis based on the property’s location, condition, acreage, and potential future uses.

Each of these possibilities requires independent evaluation. Buyers should determine whether the property’s zoning, access, utilities, topography, lot configuration, and other characteristics support their intended plans.

The property’s location along Route 40 and extending toward Old National Pike also makes frontage an important consideration. Road frontage can influence visibility, access, development planning, and property usability, depending on the applicable regulations.

The existing home provides a recognizable focal point for the property, while the surrounding acreage offers room for future planning. Buyers can evaluate the property as a whole and determine whether restoration of the existing residence, additional improvements, or another permitted use best aligns with their objectives.

The property’s scale also provides opportunities for creating a private setting. Landscaping, outdoor gathering areas, gardens, recreational spaces, and other improvements may be considered based on the buyer’s preferences and local requirements.

As with any property requiring substantial renovation, a detailed inspection should be a priority. Buyers should understand the current condition of the structure and major systems before establishing a renovation budget. A professional contractor or renovation specialist can also help estimate the cost of bringing the property to the desired standard.

Buyers should account for both visible improvements and potential hidden conditions when evaluating a property of this type. Renovation costs can vary depending on labor, materials, permits, structural requirements, utility work, design choices, and unforeseen conditions discovered during construction.

The six-lot configuration should also be reviewed carefully. Buyers should verify the legal descriptions, lot boundaries, tax parcels, easements, restrictions, and zoning associated with each parcel. A professional survey may be appropriate depending on the buyer’s intended use.

Property Highlights:

Approximately 5 +/- acres
Property spans 6 lots
Extends from Route 40 to Old National Pike
Existing home with classic architectural character
Original hardwood floors
Classic original woodwork
Home requires full renovation and TLC
Public water available
Public sewage available
Natural gas available
Multiple sewage taps already in place
Significant frontage
Large acreage with room for future planning
Potential for restoration and modernization
Opportunity to evaluate additional permitted uses
Convenient infrastructure already serving the property

This Centerville Borough property presents a combination of characteristics that are difficult to find together: substantial acreage, multiple lots, road frontage, existing utility infrastructure, and an older home with original architectural details.

The property is best suited to a buyer who understands the value of due diligence and is prepared to evaluate a substantial renovation or future improvement project. The existing home requires significant work, but the original hardwood floors and classic woodwork provide character that may be incorporated into a carefully planned restoration.

The approximately five-acre parcel also provides a considerable amount of land for a buyer to explore. Whether the goal is to restore the existing residence, create a larger private property, or investigate other permitted opportunities, the property’s size and utility infrastructure provide a useful starting point.

Prospective buyers should independently verify all property information, including acreage, lot boundaries, zoning, frontage, utilities, sewage taps, access, restrictions, and development possibilities. Any future plans should be reviewed with the appropriate municipal authorities, engineers, surveyors, architects, contractors, and other qualified professionals.

With its six-lot configuration, approximately five acres, public utilities, multiple sewage taps, and character-filled home, this property offers an opportunity to create something tailored to a buyer’s vision.

Bring your vision and explore the possibilities this unique Centerville Borough property has to offer.

From: Zillow