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408 Cannon Way, Lebanon, PA, 17042

3beds
3baths
2,300sqft
$664,900
$289price/sqft
$4,484/moest. monthly cost
$179,360/yrincome needed

About This Home

**TO BE BUILT ON LOT #111 Welcome to The Cliffs at Iron Valley Set in the historic Cornwall Borough of Lebanon County, The Cliffs offers a rare opportunity to live in a community that blends small-town charm with modern convenience. Just steps from the renowned Iron Valley Golf Course, this neighborhood is designed for those who value both lifestyle and natural beauty. The masterful design of Anvil allows 2300 square feet to live large. The lofty stair tower and dream kitchen ground the center of this plan while granting ample space for family, friends, and relaxation. “Home Sweet Home” is personified here, created by comfortable spheres for togetherness as well as quiet retreat. Each home at The Cliffs is built with quality and efficiency in mind, featuring durable Everlast® composite siding and thoughtfully crafted floor plans ranging from 2,000 to 3,800 sq. ft. Open, functional living spaces pair a modern aesthetic with third-party verified Energy Star® performance. This location offers both peace of mind and convenience, with the highly regarded Cornwall-Lebanon School District and easy access to Lancaster, Hershey, and Reading. Outdoor enthusiasts will appreciate direct access to the Lebanon Valley Rail Trail, while the arts and recreation of Mount Gretna are just minutes away. At The Cliffs, you’ll find more than a home... you’ll discover a community where timeless design meets the ease of modern living!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
Cornwall El SchoolGrades K-51.0 mi
8/10
8/10
Cedar Crest High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Stick Built,Combination

Other

  • Builder name: Alden Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Transitional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Full,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Combination Dining/Living,Open Floorplan,Primary Bath(s),Pantry,9'+ Ceilings,Dry Wall
  • Window features: ENERGY STAR Qualified Windows
  • Finished area above ground: 2,300

Heating & Cooling

  • Heating features: Forced Air,Propane
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: NO TAX RECORD
  • Zoning: RESIDENTIAL
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Exterior features: Lighting

Lot

  • Lot size: 0.58 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hurricane
Inland Flooding
Strong Wind
Tornado

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 $3,362$40,344
Home Insurance *$189$2,268
Property Taxes $681$8,172
Electricity $252$3,028
Total$4,484$53,808
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,737/yr
40% on housing$134,520/yr
45% on housing$119,573/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: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 17042$177
Lebanon County$164

vs Homes Sold Last Month

Median $/sqft

ZIP 17042$189
Lebanon County$200

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
2025-10-10Price change$664,900
2025-09-15Price change$659,900
2025-08-02Listed for sale$169,900

New Construction

AgentDenise Bollard
BrokerageRE/MAX Cornerstone

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