Property details
About 8450 Pine Rd
For Sale: Prime 3+ Acre Property with RSD-1 Zoning Please note : No Zoning information herein should be taken as fact, and any potential buyer is encouraged to seek counsel from a qualified zoning attorney as to the legal permissibility of any and all construction activities on or to the subject improvements and lot. This expansive property offers an exceptional opportunity for developers or investors seeking a lucrative venture. Boasting RSD-1 Zoning, the parcel permits the construction of 10 single-family detached homes with street frontage without the need for variances, though the buyer should seek counsel from a qualified zoning attorney confirm the legal permissibility any development activity. Per the seller's interpretation of the code (see attached document from licensed architect) the land is ready for immediate subdivision and development, allowing builders to commence construction without hurdles. Additionally, the property features a currently rented single-family home with detached 3 car garage as well as a separate workshop generating $2500/month on a month to month lease. This existing structure can either continue generating income for the new owner or can be delivered vacant. Ideal for those looking to capitalize on residential development in a sought-after area, this property presents a blend of immediate income potential and significant future development possibilities.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2431288
- MLS Name: BRIGHT
- Office Name: Brickmatics
- Office Phone: (610) 764-5315
- Listing Agent: Jay Kamin
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 11:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$960,000
8450 Pine Rd
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 22, 2022 | Home Sold | $900,000 |
Dec 22, 2009 | Home Sold | $400,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $500,200 | $7,001 |
2022 | $455,200 | $4,213 |
2021 | $- | $4,213 |
2020 | $346,000 | $4,843 |
2019 | $335,000 | $4,689 |
2018 | $362,700 | $5,077 |
2017 | $362,700 | $5,077 |
History based on county public records data.
Nearby schools
6
Fox Chase Academics Plus School
Public District KG-5
0.9 mi
•500 Rhawn St
8
Rydal Elementary School
Public District KG-6
1.2 mi
•1160 Huntingdon Pike
7
McKinley Elementary School
Public District KG-6
1.6 mi
•370 Cedar Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,878. Residents of Philadelphia, PA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 8450 Pine Rd
This home is located at 8450 Pine Rd in Philadelphia, PA and zip code 19111 in the Bustleton neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $960,000.
Philadelphia, PA housing market in December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $267,873.