$796,950

242 Shannon Rd Erie, PA 16510

26.4 acres
Land

Property details

About 242 Shannon Rd

26.37± Acre development site with 22.77± usable acres. Approx. 2,000’ frontage along the Bayfront Connector, ±1,800’ frontage E. 38th Street including 1 curb cut & ±800’ frontage along Shannon Road. Site includes corner at the signalized intersection of the Bayfront Connector & Shannon Rd. Public utilities available. Zoned Public University in Harborcreek township. Uses include multi-family dwellings (up to 364 units), dormitories, business park & more. Offered at $796,950 ($35,000/usable acre). Up to 99± acres available.

Highlights

Home typeMulti Family
StatusActive
Lot size26.37 Acres
MLS #177831

Summary

  • Attached Garage: No
  • List Price: $796,950
  • Annual Tax Amount: $3,775
  • Tax Year: 2024
  • Lot: Corner Lot, Wooded
  • Directions: Bayfront Connector / Route 290 to E. 38th Street at Shannon Road.
  • Lot Size: 26.37 Acres
  • MLS Number: 177831
  • MLS Name: EriePA
  • Office Name: SBRE - Sherry Bauer Real Estate Services
  • Office Phone: (814) 453-2000

Copyright © 2025 Greater Erie Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 5:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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242 Shannon Rd, Erie, PA 16510

$796,950

242 Shannon Rd

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$143,300$3,775
2023$143,300$3,673
2022$143,300$992

History based on county public records data.

Nearby schools

6

Rolling Ridge Elementary School

Public District KG-6

0.7 mi

3700 Ridge Pkwy

3

Diehl Elementary School

Public District PK-5

0.8 mi

2327 Fairmont Pkwy

6

Iroquois Elementary School

Public District KG-6

1.3 mi

4231 Morse St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,250. The majority of Erie, PA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

27%
<35k
47%
35k-100k
25%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
13%
Single, with Kids
30%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • ToyotaToyota

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Erie, PA

Erie's transportation infrastructure supports both private and public transit options. The city's public bus service operates on a set schedule, offering residents and visitors reliable transportation across various routes. While ride-sharing services are available, the city also promotes walkability, particularly in the downtown area and along the Bayfront. The network of roads and highways, including Interstate 90 and State Route 20, facilitates commuting and travel to and from the city. Efforts to improve transport efficiency and accessibility are part of the city's planning initiatives.

The community is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Erie's healthcare network features several hospitals and clinics, providing residents with access to comprehensive medical services. The city also boasts a number of public libraries and a vibrant retail and dining landscape that mirrors the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are ongoing to meet the evolving needs of the community.

Erie is known for its welcoming community and vibrant cultural scene. The city prides itself on its waterfront attractions along Lake Erie and its numerous parks and recreational areas that offer residents a blend of urban and natural amenities. Annual events, such as the Erie Summer Festival of the Arts and the Roar on the Shore motorcycle rally, underscore the city's dynamic character and its residents' enthusiasm for community gatherings.

Erie, Pennsylvania, offers a diverse housing market with a range of options to suit various preferences and budgets. The housing landscape is characterized by a mix of architectural styles, with a notable presence of Victorian, Colonial, and contemporary homes. Single-family homes are prevalent, complemented by a selection of apartments and townhouses. The area has seen development across different periods, with a significant number of properties dating back to the early to mid-20th century, reflecting the city's rich history.

About 242 Shannon Rd

The listing price of 242 Shannon Rd property is $796,950.

The property 242 Shannon Rd is land located in Erie, Pennsylvania, 16510.

Active Listing: 242 Shannon Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 242 Shannon Rd are: Rolling Ridge Elementary School (GreatSchools Rating 6/10), Diehl Elementary School (GreatSchools Rating 3/10), Iroquois Elementary School (GreatSchools Rating 6/10), Robert Benjamin Wiley Community Charter School (GreatSchools Rating 5/10), East Middle School (GreatSchools Rating 4/10), Woodrow Wilson Middle School (GreatSchools Rating 5/10), Iroquois Jr. / Sr. High School (GreatSchools Rating 5/10), Harbor Creek Senior High School (GreatSchools Rating 5/10), Northwest PA Collegiate Academy (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $3,775 (source: MLS/based on county public records data).

The property 242 Shannon Rd is 26.37 acres.

This home is located at 242 Shannon Rd in Erie, PA and zip code 16510. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $796,950.

Erie, PA housing market in April 2025 saw over 47 listings sold above listed price, more than 27 sold at listed price and over 48 sold below. In April 2025 in Erie, PA there were 5.5% more homes for sale than in March. The median list price of listings available in April 2025 was $175,366, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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