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149 Savage Rd, Waymart, PA, 18472

2beds
1baths
975sqft
$2,500,000
$2,564price/sqft
$16,299/moest. monthly cost
$651,960/yrincome needed

About This Home

43.44 acres featuring a recreational cabin, miles of trails, two private spring-fed lakes, fed by nearby Lake Ladore--an extraordinary opportunity for investors, developers, or hospitality entrepreneurs. This unique property offers a rare combination of natural beauty, privacy, and significant development progress that is increasingly difficult to find.The property's scenic landscape provides an ideal setting for a glamping destination, wellness retreat, vacation rental community, outdoor recreation venture, or private estate. Enjoy peaceful trails winding throughout the property, picturesque water features, abundant wildlife, and a setting designed for relaxation, recreation, and connection with nature.Existing improvements include a recreational cabin, installed septic infrastructure, established electric service, and roadway/access improvements. The current owner has obtained permits and pursued approvals related to future cabin development, with additional design and development work underway. Zoning supports glamping-style use, creating exciting possibilities for future development.With substantial groundwork already completed, a future owner has the opportunity to build upon an already established foundation while pursuing their own vision for the property. Opportunities of this size and character, with private lakes, trails, existing infrastructure, and development potential, are increasingly rare.Buyer is responsible for conducting their own due diligence and independently verifying zoning, permits, approvals, land use requirements, development potential, utilities, acreage, and all intended future uses with the appropriate governmental agencies.Seller reserves the right to increase the purchase price commensurate with the additional improvements, approvals, permits, infrastructure or development completed during the listing period. All information is approximate not warranted or guaranteed.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

6/10
Wilson El SchoolGrades PK-51.7 mi
5/10
7/10
Western Wayne High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Asphalt,Fiberglass
  • Construction materials: Board & Batten Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator,Microwave

Bedroom1

  • Area: 104
  • Dimensions: 8 x 13

Bedroom2

  • Area: 156
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Kitchen Island
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Free Standing,Wood Burning Stove,Living Room
  • Fireplace: Yes
  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 975

Heating & Cooling

  • Heating features: Propane,Wood Stove
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 975
  • Total interior livable area: 975 sqft

Living Room

  • Area: 192
  • Dimensions: 16 x 12

Master Bathroom

  • Area: 52
  • Dimensions: 4 x 13

Other

  • Area: 338
  • Dimensions: 26 x 13

Property

Details

  • Parcel number: 04002520070
  • Zoning: R1
  • Zoning description: Residential
  • Exclusions: Personal Belongings in Cabin

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Fire Pit,Storage
  • Has view: Yes

Lot

  • Lot size: 43.44 Acres
  • Features: Cleared,Wooded,Views,Open Lot,Many Trees,Lake On Lot
  • Lot size dimensions: irregular 43.44 acres

Parking

  • Total spaces: 7
  • Parking features: Driveway,Unpaved,Off Street,Gravel
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Hurricane
Inland Flooding

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance *$1,143$13,716
Property Taxes $2,291$27,492
Electricity $224$2,692
Total$16,299$195,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$558,822/yr
40% on housing$488,970/yr
45% on housing$434,640/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,564This listing

vs Other Active Listings

Avg $/sqft

ZIP 18472$49
Wayne County$147

vs Homes Sold Last Month

Median $/sqft

ZIP 18472
Wayne County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-13Price change$1,999,999
2026-06-02Price change$2,500,000
2026-05-05Listed for sale$2,499,000
2024-07-29Sold$620,000
2024-05-06Price change$699,000
2023-11-21Pending sale$895,000
2023-11-18Listed for sale$895,000
2023-11-11Listing removed--
2023-01-22Listed for sale$895,000
2022-10-27Listing removed--
2022-09-10Price change$999,999
2022-08-31Listed for sale$1,000,050

For Sale by Agent

AgentJoanne L. Rezzino
BrokerageC21 Jack Ruddy Real Estate

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