Starting Bid: ONLY $90,000!
Opportunities like this do not come along often. Offered at Public Auction for the first time in decades, this charming Cape Cod-style home has been lovingly owned by the same family since 1960 and is now ready for its next chapter. Whether you are searching for a primary residence, an investment opportunity, or a property with room to build equity through thoughtful improvements, this home deserves your attention.
Positioned on a generous 0.26-acre lot in the highly regarded Lebanon School District, this property offers a rare combination of space, functionality, character, and value. With approximately 2,012 square feet of living space, five bedrooms, two full bathrooms, and numerous desirable features, the home provides plenty of room for growing families, multi-generational living arrangements, or buyers simply seeking extra space.
The beauty of this property lies not only in its size and location but also in the tremendous potential it offers. While the home is move-in ready in its current condition, there are numerous opportunities for updates and cosmetic enhancements that could significantly increase its value over time. Buyers who appreciate the concept of sweat equity will immediately recognize the possibilities that exist within this well-maintained residence.
From the moment you arrive, you’ll notice the timeless appeal of the Cape Cod architectural style. Known for its practicality, charm, and enduring popularity, Cape Cod homes have remained highly desirable for generations. This property showcases many of the characteristics that have made the style a favorite among homeowners, including a welcoming exterior, efficient layout, and comfortable living spaces.
As you enter the home, you are greeted by a sense of warmth and possibility. The floor plan is designed for everyday living while offering flexibility for a variety of lifestyles. One of the home’s most inviting spaces is the sun parlor front room, which provides an abundance of natural light and serves as the perfect place to enjoy morning coffee, read a favorite book, or simply relax while enjoying views of the surrounding neighborhood.
The spacious living room serves as the heart of the home and features a fireplace that creates a cozy atmosphere during cooler months. This gathering space offers ample room for family and friends and provides an excellent setting for entertaining guests or enjoying quiet evenings at home. The fireplace acts as a focal point, adding character and charm to the room while enhancing the home’s overall appeal.
Adjacent to the living room is a dedicated dining area that offers plenty of space for family meals, holiday celebrations, and special occasions. The dining space flows naturally into the kitchen, creating a functional layout that supports both everyday living and entertaining.
Over the years, several updates have been completed, including improvements to the eat-in kitchen. This welcoming space combines functionality and convenience, providing ample room for meal preparation and casual dining. Whether you’re preparing a quick breakfast before work or hosting a gathering with family and friends, the kitchen serves as a central hub of activity within the home.
Replacement windows have also been installed, representing another valuable improvement that contributes to energy efficiency and overall comfort. These updates provide a solid foundation while still leaving room for future customization according to the new owner’s preferences and style.
One of the most impressive features of this property is the number of bedrooms. With five bedrooms available, the home offers flexibility that is increasingly difficult to find in today’s market. These rooms can easily accommodate a large family while also providing options for guest accommodations, home offices, hobby rooms, fitness spaces, or study areas. As remote work and flexible living arrangements continue to evolve, having multiple rooms available for various uses has become more valuable than ever.
The two full bathrooms provide convenience for larger households and help support the home’s practical layout. Whether used by family members, guests, or occupants with varying schedules, the presence of two full baths enhances the home’s functionality and livability.
Additional storage and utility space can be found in the full unfinished basement. Featuring a cement floor and block foundation, this lower level offers excellent storage capacity and potential for future improvements. The exterior access provides added convenience and flexibility for homeowners. Whether utilized for storage, workshop space, seasonal items, or hobby activities, the basement adds another layer of value to the property.
Outside, the property continues to impress. The 0.26-acre lot provides a generous amount of outdoor space that can be enjoyed in countless ways. The side and rear yard areas offer room for recreation, gardening, pets, outdoor gatherings, and future landscaping projects. Unlike many properties where outdoor space is limited, this home provides a comfortable balance between indoor living and outdoor enjoyment.
A deck located at the rear of the property creates an ideal setting for entertaining guests, hosting cookouts, or simply enjoying warm summer evenings. Imagine gathering with family and friends, enjoying outdoor meals, or relaxing after a long day while overlooking your own backyard retreat.
Practical features further enhance the property’s appeal. Natural gas heating provides reliable and efficient comfort throughout the colder seasons, while central air conditioning helps maintain a pleasant indoor environment during warmer months. These systems contribute to year-round comfort and convenience for future owners.
Another significant advantage is the availability of public water and public sewer services. These municipal utilities eliminate many of the maintenance concerns associated with private wells and septic systems, offering added peace of mind and convenience.
The property’s location within the Lebanon School District represents an additional benefit for many buyers. School districts often play an important role in long-term property value and community appeal, making this location particularly attractive.
For investors, this property presents a compelling opportunity. The combination of size, location, move-in-ready condition, and potential for value-add improvements creates multiple pathways for future appreciation. Whether the goal is rental income, resale potential, or long-term ownership, the home’s characteristics make it worthy of consideration.
For owner-occupants, the home provides an opportunity to move in immediately while making improvements at your own pace. Rather than paying a premium for someone else’s renovations, buyers have the chance to customize the property according to their own preferences while potentially building equity through strategic upgrades.
The fact that this property has remained in the same family since 1960 speaks volumes about its desirability and livability. Homes that remain within a family for generations often possess qualities that cannot be measured solely by square footage or amenities. They represent years of memories, stability, and pride of ownership. Now, a new owner will have the opportunity to continue that legacy while creating their own memories for years to come.
As with any auction property, interested buyers are encouraged to perform their own inspections and due diligence prior to bidding. The property is being sold AS IS, WHERE IS, with no contingencies. Buyers should carefully review all auction terms and conditions and be prepared to complete their own evaluations regarding the property’s condition and suitability for their intended use.
The auction format provides an exciting opportunity for buyers to determine the market value through competitive bidding. Starting at only $90,000, this property represents an exceptional opportunity to acquire a spacious home with significant upside potential. In today’s market, finding a five-bedroom home with over 2,000 square feet, a large yard, central air conditioning, natural gas heat, public utilities, and a desirable location at this starting bid is increasingly rare.
Whether you’re a homeowner looking for space, an investor searching for your next opportunity, or a buyer seeking a property with strong long-term potential, this auction deserves serious consideration.
Mark your calendar for Wednesday, June 17th at 5:00 PM and plan to attend the on-site auction. Opportunities to purchase a property with this combination of size, character, location, and potential do not come around often.
More photos will be available soon, providing an even closer look at everything this property has to offer. Until then, take the opportunity to envision the possibilities and prepare to bid on a home that combines affordability, functionality, and future potential in one attractive package.
Don’t miss your chance to become the next owner of this spacious Cape Cod home and unlock the value that awaits. Properties with this much potential, offered at public auction with a starting bid of only $90,000, are becoming increasingly difficult to find. This could be the opportunity you’ve been waiting for.
From: Zillow