242 Gracey Road, Waterfall, PA 16689 - Photo 1

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$239,900

For Sale
Active
Single Family
3 Beds
1 Full Bath
2,208 Sq. Ft.
1 Carport

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Property Description

Charming ranch-style home situated on 2.25 acres in a peaceful country setting with mountain views. This 3-bedroom, 1-bath home features a new metal roof, covered front porch, rear deck, and an attached carport. Hardwood floors are present in the bedrooms, with additional hardwood under the carpet. The full, unfinished walkout basement offers excellent potential for future living space and includes a unique indoor shooting range area. An extremely large storage shed provides ample storage but will need repairs. The home is older and dated, but offers solid bones and great opportunity for updates. Ideal for buyers seeking acreage, privacy, and the chance to add value.

Full Property Details

Full Property Details for 242 Gracey Rd

General

Price: $239,900
Taxes: $2,505 (2025)
Status: Active
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PAFU2001880
Updated: 12/31/2025
Added to Site: 36 day(s) ago

Interior

Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Brick
Flooring: Solid Hardwood, Carpet

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 3
Bedrooms Main & Up: 3

Exterior

Porch/Patio/Deck: Porch(es), Deck(s)

Parking

Carport Spaces: 1
Total Spaces: 1
Parking Type: Attached Carport, Driveway

Location

Area: Wells Twp (14612)
Municipality: WELLS TWP
County: FULTON
Subdivision: NONE
Driving Directions: WATERFALL RD TO GRACEY RD TO PROPERTY ON RIGHT

School Information

School District: Forbes Road
Elementary School: Forbes Road
Middle School: Forbes Road
High School: Forbes Road

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard - Electric, Wood Burn Stove
Heating Fuel: Electric, Wood
Water Heater: Electric

Utilities

Sewer: On Site Septic
Water: Well

Structural Information

Architectural Style: Ranch/Rambler
Structure Type: Detached
Construction: Brick
Basement: Yes
Basement Desc.: Connecting Stairway, Full, Space For Rooms, Unfinished, Walkout Level
Foundation: Block
Roof: Metal
Stories Description: Main
Square Feet: 2,208
Sq. Ft. Source: Estimated
Living Area: 1,104 Sq. Ft.
Finished Above Grnd: 1,104 Sq. Ft.
Basement Finished: 0%
Year Built: 1973
Year Built Source: Estimated

Additional Structures

Other Structures: Shed

Lot Features

Lot Size (Acres): 2.25
Lot Size (Sq. Ft.): 98,010
Lot Size Source: Assessor
Zoning: R

Financial Considerations

Price Per Sq. Ft.: $217.3
Assessment Year: 2025
City/TownTax: $15
City/TownTax Freq: Annually
County Tax: $624
County Tax Freq: Annually
Tax w/Assessment: $50,400
Tax Amount: $2,505
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple

Listed by Palmer Realty, Jewel M Palmer

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Listing agent

— 242 Gracey Rd —

Jewel M Palmer

Palmer Realty

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Schools

Schools serving 242 Gracey Rd

School District:Forbes Road School District

Name	Grades	Distance
Forbes Road El School 143 Red Bird Drive, Waterfall, PA 16689	K-6	3.8 mi
Forbes Road Junior-Senior High School 159 Red Bird Drive, Waterfall, PA 16689	7-12	3.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 Gracey Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/31/2025

Price Reduced

$239,900

-4%

MLS

12/11/2025

Listed

$249,900

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 242 Gracey Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,505

4%

$50,400

—

2023

$2,407

—

$50,400

—

2022

$2,407

—

$50,400

—

2021

$2,407

—

$50,400

—

2020

$2,407

—

$50,400

—

2019

$2,407

—

$50,400

—

2018

$2,407

—

$50,400

—

2017

$2,407

—

$50,400

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 242 Gracey Rd

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242 Gracey Road, Waterfall, PA 16689 (MLS# PAFU2001880) is a Single Family property with 3 bedrooms and 1 full bathroom. 242 Gracey Road is currently listed for $239,900 and was received on December 11, 2025. Want to learn more about 242 Gracey Road? Do you have questions about finding other Single Family real estate for sale in Waterfall? You can browse all Waterfall real estate or contact a Coldwell Banker agent to request more information.

242 Gracey Rd Waterfall, PA 16689