Pennsylvania mining village with 83 acres heads to auction, 121 homes approved

The buyer will take on responsibility for upgrading the wastewater treatment system so it can support the property's full planned build-out. The property is being sold as is, with settlement required within 60 days of the auction, adds the online report. For generations, St. Peter’s Village has stood in a narrow Pennsylvania ravine where rushing water, towering boulders and old stone buildings tell the story of a community shaped by mining. Now, the future of the historic Chester County village is set to hinge on a single auction, with the entire property going under the hammer and plans already in place for more than a hundred new homes. According to Traiman Auctions, the unusual sale is scheduled for Wednesday, Sept. 30, at 2 p.m. at the Desmond Hotel in Malvern.A village on the auction blockAccording to Vista Today, the property covers approximately 83 acres and includes 13 historic and commercial buildings with more than 43,500 square feet of combined space. But the existing buildings are only part of the opportunity. The property comes with approvals for 121 residential home sites, including 33 single-family homes, 33 twin homes, 34 townhomes and 21 two-acre home sites. The sa...