Priced at $499,000 ($95/sq ft), this 1870 Victorian Oil Baron mansion delivers 5,228 sq ft of restored grandeur on a private 1.93-acre parcel in Titusville, Pennsylvania.
Featuring a 6-bedroom, 6-bathroom layout (2 full, 1 three-quarter, 3 half baths), the residence stands out as a turnkey historic asset with modern mechanical infrastructure and outdoor entertainment grounds.
The property blends authentic Gilded Age architectural details—hardwood floors, formal parlors, and gas fireplaces—with modern capital updates including a quartz kitchen, high-efficiency heating, a new roof, and a whole-home Generac backup generator.
Property Snapshot
Price: $499,000 ($95/sq ft)
Location: 708 N Perry St, Titusville, PA 16354
Beds/Baths: 6 / 6 🛁(2 Full, 1 Three-Quarter, 3 Half)
Square Footage: 5,228 sq ft
Year Built: 1870
Lot Size: 1.93 Acres (R-2 Zoned)
Parking & Outbuildings: 2.5-stall garage + paved circular driveway
Key Outdoor Upgrades: Multi-level rear decks, hot tub, and private wooded backdrop
Key Capital Improvements & Features
Turnkey Mechanical Systems: Upgraded high-efficiency natural gas hot-water furnace, new roof, whole-house Generac generator, and updated electrical/plumbing services.
Chef’s Kitchen & Modern Amenities: Kitchen complete with quartz countertops, updated cabinetry, and adjacent formal dining areas.
Layout Versatility: The 3-story footprint includes broad formal foyers, original fireplaces, a semi-finished basement rec room with a wet bar, and 3rd-floor bonus space.
Investment & Bed & Breakfast Potential
Turnkey B&B or Historic Inn: With 6 bedrooms, 6 baths, nearly 2 acres in town, and proximity to the Drake Well Museum and Oil Creek State Park tourist corridor, the property is positioned for adaptive use as a boutique bed-and-breakfast or event venue.
Exceptionally Low Basis: At under $100/sq ft for fully renovated, system-updated square footage, the property bypasses the high capital expenditure risks typically associated with Victorian mansions of this scale.
Listed by: Heather Schmader 814-758-4261, ERA Richmond Real Estate – Titusville 814-827-7355
Zillow link https://www.zillow.com/homedetails/708-N-Perry-St-Titusville-PA-16354/78601281_zpid/