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7031 Phillips Mill Rd, New Hope, PA, 18938

4beds
3baths
3,000sqft
$5,395,000
$1,798price/sqft
$35,018/moest. monthly cost
$1,400,720/yrincome needed

About This Home

The perfect Bucks County location - five minutes from the Delaware River and Canal, the Phillips Mill Historic District, the energy and convenience of New Hope-Lambertville, and major roads to New York and Philadelphia. Hilltop, a unique estate property, secluded from the road and perched high atop Ely Mountain, the panoramic view inspires and delights. Neighboring horse farms and private compounds, entertainment personalities, theater producers, and influencers. A 14-acre manicured property, sitting proud atop a wooded mountain, overlooking acres of manicured forest and pastureland, the sun-filled Mid-Century Modern home exudes a commanding presence radiating James Bond cool. The stone and wood-clad home commands long east and south facing views letting you watch the sun and morning fog rise above the Delaware, enjoy New Hope’s spectacular summer fireworks, and trace New Jersey’s majestic palisades, twinkling with dots of light after sunset. Four bedrooms, three baths, layout, with the lower level featuring a mud room and indoor access to the attached garage. The house has been completely modernized and renovated by its owner, a published NYC interior designer, who will include architectural plans to expand the open plan living-dining-kitchen, add a large back deck, expand the tuck-under garage, and build a new third story primary suite with sky deck, and options for a nursery and home office. Hilltop features period details like two native stone fireplaces, a pecky cypress feature wall in the entry foyer, and a deck off the living room for maximum enjoyment of the stunning view and changing seasons. Updated features include total exterior and interior renovation completed in 2021, state-of-the-art kitchen and laundry room appliances, HVAC heat pump (propane), larger windows and sliding doors, energy-efficient fireplace insert for lower level, and new finishes including a stone kitchen countertop with leathered finish and waterfall edge. Outdoor improvements include private driveway with in-ground water management system, smart driveway gate, boulder walls, bluestone front walk and backyard patio with fire pit (connected to central propane), under-deck garden storage, custom designed trapezoid shape heated salt water pool with sun shelf, large entertaining deck, deck jets, and heated outdoor shower with a spectacular view. Landscaping includes graded and leveled lawn, 15-zone smart operating irrigation system by Rain Bird and a woodland meditation garden. Hilltop features privacy in a majestic setting, offering turnkey estate living in prestigious Solebury, Pennsylvania.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Brick/Mortar
  • Roof: Pitched,Shingle
  • Construction materials: Mixed,Stone

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid-Century Modern
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Microwave,Oven/Range - Gas,Range Hood,Stainless Steel Appliance(s),Dryer,Washer,Electric Water Heater
  • Laundry features: Lower Level,Dryer In Unit,Washer In Unit,Laundry Room,Mud Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom1

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Bedroom2

  • Level: Lower
  • Area: 0
  • Dimensions: 0 X 0

Bedroom3

  • Level: Lower
  • Area: 0
  • Dimensions: 0 X 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Family Room

  • Features: Fireplace - Other
  • Level: Lower
  • Area: 0
  • Dimensions: 0 X 0

Features

  • Primary Bath(s),Eat-in Kitchen,Bathroom - Stall Shower,Combination Kitchen/Dining,Dining Area,Kitchen - Table Space,Recessed Lighting,Walk-In Closet(s),Upgraded Countertops,Cathedral Ceiling(s),9'+ Ceilings,Beamed Ceilings
  • Door features: Sliding Glass
  • Window features: Window Treatments
  • Flooring: Hardwood,Tile/Brick,Wood
  • Number of fireplaces: 2
  • Fireplace features: Stone,Glass Doors,Wood Burning
  • Fireplace: Yes
  • Finished area above ground: 3,000

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Baseboard,Electric,Propane
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Kitchen

  • Features: Kitchen - Electric Cooking,Kitchen Island,Pantry,Double Sink
  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Laundry

  • Level: Lower

Living Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Mud Room

  • Level: Lower

Primary Bathroom

  • Level: Main

Primary Bedroom

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 41028047
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: Multi/Split,Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Salt Water,Heated,In Ground,Concrete,Fenced,Private
  • Patio & porch: Deck,Patio
  • Exterior features: Lighting,Barbecue,Extensive Hardscape,Underground Lawn Sprinkler
  • Fencing: Wood
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 12.00 Acres
  • Features: Flag Lot,Level,Sloped,Open Lot,Wooded,Front Yard,Rear Yard,SideYard(s)
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 1
  • Parking features: Inside Entrance,Oversized,Garage Door Opener,Garage Faces Side,Private,Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Winter Weather
Strong Wind

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 $27,280$327,360
Home Insurance *$2,014$24,168
Property Taxes $5,395$64,740
Electricity $329$3,949
Total$35,018$420,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,200,617/yr
40% on housing$1,050,540/yr
45% on housing$933,813/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,798This listing

vs Other Active Listings

Avg $/sqft

ZIP 18938$485
Bucks County$273

vs Homes Sold Last Month

Median $/sqft

ZIP 18938$298
Bucks County$275

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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$5,395,000
2018-07-28Sold$649,000
2018-05-31Pending sale$649,000
2018-05-25Listed for sale$649,000

For Sale by Agent

AgentMaureen Reynolds
BrokerageSERHANT PENNSYLVANIA LLC

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