Huge Brick Mansion in Pennsylvania for $1.2 Million

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By Douglas A. McIntyre Updated Published
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Huge Brick Mansion in Pennsylvania for $1.2 Million

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Eight bedrooms, five full baths and one half-bath, all in a house that measures 7,337 square feet, for only $1.2 million. The house at 3 W. King St. in Abbottstown, Pennsylvania, has two disadvantages. One is that it was built in 1881. The other is that it costs about six times the median price of the typical home in the town, the proverbial “most expensive house in the neighborhood.”

The home was the most searched on Realtor.com this past week:

Built by architect John A. Dempwolf in the 1880s, this imposing Victorian in the town center has been fully reconstructed. Its eight bedrooms, two parlors, and beauty salon (!!) are packed with period details. Located in the town center, it’s a palace worthy of a Pennsylvanian king.

Abbottstown is in the middle of nowhere, well south of Harrisburg, toward the Maryland border. It has a population of less than 1,000, living in 0.6 square miles. Its median household income is $52,578, which is nearly the same as the national average.

The house and its furnishings are ornate and very old. In general, the house’s age makes it a prime candidate for repairs, which likely would be expensive.

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The listing:

Majestic JA Dempwolf Victorian circa 1881, has been reconstructed to its original footprint including Butternut & Cypress floors. Amazing upgrades – high ceilings, 2 Parlors and 2 Master suites, carriage house/in-law apt, built-in salt water pool w/amazing game room, beauty salon and 2 bay garage. You can sit on either of the 2 balconies to view the courtyard. Because of the town center zoning, the possibilities for this location are limitless!

All on a tiny 0.27 acre.

The median listing price for homes in the town is $233,900, which means houses in the area must be very modest.

A home for a rich person who wants to live in a middle-class neighborhood.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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