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Sold for $1,325,000 on 06/20/24
  • $1,325,000

    2481 River Rd, New Hope, PA 18938

    4beds
    4,122sqft
    SingleFamily
    Built in 1931
    3.86 Acres Lot
    $1,422,300 Zestimate®
    $321/sqft
    $7,246 Estimated rent

    Home value

    $1,422,300

    $1.31M - $1.55M

    $7,246/mo

    Zestimate® history
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    $6,871/mo

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    What's special

    With almost FOUR ACRES in beautiful Bucks County and positioned just north of New Hope and south of the historical village of Phillips Mill, its little surprise that this 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. Zoned light industrial, the property has been updated by its professional designer/owner to serve a commercial/residential use. 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!!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Forced air, Other, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Freezer, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: wood stove
    Interior area
    • Total interior livable area: 4,122 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage - Detached
    Accessibility
    • Accessibility features: 32"+ wide Doors
    Features
    • Exterior features: Wood
    Lot
    • Size: 3.86 Acres
    Details
    • Parcel number: 41028068
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: New Hope
    • Municipality: SOLEBURY TWP

    Other

    Other facts
    • Heating: Forced Air, Radiator
    • FireplaceYN: true
    • GarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • StructureType: Detached
    • ConstructionMaterials: Frame
    • StoriesTotal: 2
    • ArchitecturalStyle: Colonial
    • SpecialListingConditions: Standard
    • ParkingFeatures: Driveway, Storage, Off Street, Detached Garage
    • OpenParkingSpaces: 10
    • CoveredSpaces: 4
    • Cooling: Central Air
    • BelowGradeFinishedArea: 0
    • AccessibilityFeatures: 32"+ wide Doors
    • MlsStatus: Active
    • Municipality: SOLEBURY TWP
    • TaxAnnualAmount: 13945.0

    Price history

    DateEventPrice
    6/20/2024Sold$1,325,000-9.9%$321/sqft
    Source: Public Record
    1/1/2024Listing removed--
    Source: Bright MLS #PABU2035238
    6/17/2023Listed for sale$1,470,000-7.8%$357/sqft
    Source: Bright MLS #PABU2035238
    5/26/2023Listing removed$1,595,000$387/sqft
    Source: Bright MLS #PABU2035238
    9/1/2022Listed for sale$1,595,000$387/sqft
    Source: Bright MLS #PABU2035238

    Public tax history

    YearProperty taxesTax assessment
    2025$15,299 +0.7%$90,400
    2024$15,199 +5.4%$90,400
    2023$14,418 +0.7%$90,400

    Find assessor info on the county website

    Neighborhood: 18938

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: NEW HOPE-SOLEBURY
    • High: NEW HOPE-SOLEBURY
    • District: NEW HOPE-SOLEBURY

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,422,300
    2% more+ $28,446
    With Zillow Showcase(estimated)
    $1,450,746