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Opportunity awaits in the heart of Penn Estates! Welcome to 1422 Melrose Terrace, a contemporary-style home in Stroud Township offering endless potential for investors, renovators, or buyers looking to create a personalized mountain retreat. Featuring 2 bedrooms, 2 full bathrooms, and a versatile loft space ideal for a home office, guest area, reading nook, or additional living space, this property is ready for your vision and creativity. An unfinished walk-out basement provides even more room for future expansion, storage, or customization. Located within the amenity-filled Penn Estates community, you'll enjoy convenient access to pools, lakes, sports courts, and community activities, while remaining just minutes from shopping, dining, hiking, skiing, waterparks, and all the attractions the Pocono Mountains have to offer. Whether you're searching for your next investment project, vacation getaway, or a place to make your own, this handyman special presents a rare opportunity to unlock its full potential. Bring your ideas and transform this property into something truly special! Ask how to receive lender credit toward closing costs or lowering your interest rate.
| DAYS ON MARKET | 0 | LAST UPDATED | 6/19/2026 |
|---|---|---|---|
| TRACT | PENN ESTATES | YEAR BUILT | 1987 |
| COMMUNITY | Stroud Twp (13517) | COUNTY | MONROE |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | STROUDSBURG AREA |
|---|---|
| Elementary School | ARLINGTON HEIGHTS |
| Jr. High School | STROUDSBURG JUNIOR |
| High School | STROUDSBURG |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Snow Removal |
| APPLIANCES | Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer |
| AREA | Stroud Twp (13517) |
| BASEMENT | Walk-Out Access, Yes |
| CONSTRUCTION | Concrete, Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Electric |
| HOA DUES | 1416|Annually |
| INTERIOR | Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Walk-in Closet(s) |
| LOT | 0.34 acre(s) |
| LOT DESCRIPTION | Wooded |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Off Street |
| POOL DESCRIPTION | Community |
| SEWER | Private Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | PENN ESTATES |
| TAXES | 2969 |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keller Williams Real Estate - Bethlehem
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Data last updated: 6/20/26 4:49 AM PDT
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