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1.02 Acres Only $1 Down, $399/Mo

East Stroudsburg, PA 18302

Monroe County, Pennsylvania

1.02 Acres
$12,999 USD
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Land Description

Located in Middle Smithfield Township not far from Otter Lake and numerous state game lands, this lot sits in the Pocono Mountains. Surrounded by forests, state parks and lakes, this is the perfect spot for a vacation cabin.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin D. Roosevelt, U.S. president

The lot has direct access via Sanctuary Drive.

The property is about 25 minutes to the Delaware Water Gap and 5 minutes to Otter Lake. There are many recreational opportunities in the area, including fishing and hunting, cross-country skiing, hiking, canoeing, kayaking, and rafting.

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” - Andrew Carnegie, billionaire industrialist

The lot is located on the Leisure Lands Community Association.

Cash Discount Purchase Price $12,999 + $495 Document Fee

We accept payment via PayPal, wire transfer, ACH transfer, and Zelle.

Seller Financing Available

$1 down with a $495 document fee and $399 per month for 48 months at 0% Apr. No prepayment penalty. No credit checks.

We pay the taxes and HOA dues during the loan term, but we add the taxes and HOA fees to the monthly payments.

Hold Price $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

Title And Use

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

About Monroe County

According to county website: “In the northeastern corner of Pennsylvania lie the breathtakingly beautiful Pocono Mountains, which includes Monroe County. Monroe County is known as the “Honeymoon Capital of the World”. Because of the natural appeal, this area has given rise to some of the finest and most elaborate hotels, resorts and recreational areas/facilities in all of Northeastern Pennsylvania. It is also widely recognized as a place for vacationing and romantic weekend “getaways” because of the fiery beauty of the surrounding wooded peaks and valleys. Monroe County has built an industry of service that boasts the finest in personal accommodation anywhere. Visitors and vacationers can find an abundance of activities and places to visit that are guaranteed to be rewarding in any season of the year.”

Lot Details

Assessor's Parcel Number: 09/13B/1/94

Gps Coordinates (approx.): Please note that the GPS coordinates are approximate. They come from public assessor GIS data and are fairly accurate, but to find the exact boundaries of the property, it is best to hire a local surveyor.

Center: 41.1401, -75.1396

Nw: 41.1401, -75.1401

Ne: 41.1405, -75.1396

Se: 41.1401, -75.1391

Sm: 41.1399, -75.1394

Sw: 41.1398, -75.1397

Annual Taxes: $790

Annual HOA Dues: $100

Zoning: Residential

Time Limit to Build: None as far as we are aware

Access: Improved Road

Power: There are electricity poles on Sanctuary Drive.

Water: A well would need to be installed.

Sewer: A septic system would need to be installed. Please note that a perc test has not been done.

Contacts: Middle Smithfield Township, Leisure Lands Community Association

“Buy on the fringe and wait. Buy land near a growing city. Buy real estate when other people want to sell. Hold what you buy.” - John Jacob Astor, real estate and business mogul

Frequently Asked Questions

Can I build a home on the lot? Because we do not know the specifics of what you may want to build on the property, we recommend that you contact the building and/or zoning department(s) for more information on the relevant zoning and building regulations and how to obtain a building permit.

Can I visit the property? Of course. There is no need to make an appointment - please feel free to visit the property at any time. Please also note that we won't be able to meet you at the lot.

Does the property have an address? No, since the property is a vacant parcel of land, it hasn't been assigned an address. However, you can plug the approximate GPS coordinates into Google Maps in order to locate the property.

Has a survey been done? No, we have not had a survey commissioned, but if you would like to pay for a survey we would be happy to work with your chosen surveyor.

Can you park an RV on the property? We recommend that you contact the county to confirm, but, in most counties, RVs are only allowed on a temporary basis.

Are taxes up to date? We pay all tax bills as soon as we receive them, but you can always check with the County Treasurer to verify taxes have been paid.

Has a title search been done? Given the price point of our properties, we do not typically purchase a title search or title insurance when we buy a lot. However, we do our own research to check for title issues and liens and would never purchase a property that has a known title issue. We are also happy to work with the company of your choosing at buyer's expense.

How does the closing process work? We try to keep the closing simple and straightforward. Please just send us the full name of everyone you would like on the deed, a mailing address and phone number, and whether you would like to purchase with cash or utilize owner financing. We will then send you an invoice for either the down payment plus the document fee or the cash discount price plus the document fee. We accept payment via Zelle, wire transfer or ACH transfer as well as PayPal for properties priced under $5000.

If you purchase with owner financing, we will then send the loan documents to you for your signature via docusign.

If you purchase with cash, we will then draft and record the deed transferring title to you. Once the deed is recorded, we will send you a copy for your records.

Do you work with a title company? Yes, we are always happy to work with the company of your choosing at buyer's expense.

How does owner financing work? With owner financing, we will sign a land contract that gives you legal right to use the property; however, you won't be able to pull any building permits during the loan term. Once the down payment and document fee are paid, we will send you a link to our third party loan servicing software, where you will make monthly payments for the length of the loan term. After the loan is paid in full, we will then transfer title to you.

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn't encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an Llc? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” - Marshall Field, entrepreneur

Final Note

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing - it could remain in your family for generations.

“Buy land, they're not making it anymore.” - Mark Twain, writer and humorist

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.

More Land Details

Owner Will Finance
Residential Zoning
Flat Terrain
Dirt Road Access
Water Service
Septic
Estimated Annual Taxes
$790
LANDFLIP ID
287463
Assessor Parcel Number (APN)
09/13B/1/94
Posted on LANDFLIP
50 Days Ago
Last Updated
40 Days Ago
Views
620
Saves
4
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