Date
Details
Price
Change
Source
6/20/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$225,000 Sale Pending
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Property Description
Opportunity awaits in the heart of Penn Estates! Welcome to 1422 Melrose Terrace, a contemporary-style home in Stroud Township offering endless potential for investors, renovators, or buyers looking to create a personalized mountain retreat. Featuring 2 bedrooms, 2 full bathrooms, and a versatile loft space ideal for a home office, guest area, reading nook, or additional living space, this property is ready for your vision and creativity. An unfinished walk-out basement provides even more room for future expansion, storage, or customization. Located within the amenity-filled Penn Estates community, you'll enjoy convenient access to pools, lakes, sports courts, and community activities, while remaining just minutes from shopping, dining, hiking, skiing, waterparks, and all the attractions the Pocono Mountains have to offer. Whether you're searching for your next investment project, vacation getaway, or a place to make your own, this handyman special presents a rare opportunity to unlock its full potential. Bring your ideas and transform this property into something truly special! Ask how to receive lender credit toward closing costs or lowering your interest rate.
Full Property Details
Full Property Details for 1422 Melrose Terrace
General
- Price: $225,000
- HOA FEE: $118/month
- HOA FEE FREQ.: Annually
- Taxes: $2,969
- Status: Pending
- Type: Single Family
- Source: Lehigh_Valley
- MLS ID: 779231
- Updated: 6/26/2026
- Added to Site: 26 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, High Ceilings, Skylights, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Off Street
Location
- Area: Stroud Twp
- County: Monroe
- Subdivision: Penn Estates
- Driving Directions: Take Stroudsburg exit & 191 north to Hallet Rd - Register at Main Gate. Head toward Penn Estates Dr, L to Penn Estates Dr, L to Somerset Dr, L to Brentwood Dr, L to Starview Dr, R to Sandlewood Dr, R to Melrose Terrace. Home on the right.
School Information
- Elem School District: Stroudsburg
- Midd School District: Stroudsburg
- High School District: Stroudsburg
- Elementary School: Arlington Heights Elementary School
- Middle School: Stroudsburg Junior High School 2.6 mi
- High School: Stroudsburg High School
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Community/Coop Sewer
- Water: Community/Coop
Structural Information
- Architectural Style: Contemporary
- Construction: Block, Concrete, Vinyl Siding
- Basement Desc.: Walk-Out Access
- Roof: Asphalt, Fiberglass
- Windows: Drapes, Skylight(s)
- Stories/Levels: 2
- Square Feet: 1,110
- Living Area: 1,110 Sq. Ft.
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Lot Size Source: Public Records
- Frontage: Private Road, Paved
- Street/Road Desc.: Paved
- Lot Features: Wooded
- Zoning: R1
Financial Considerations
- Association Fee: $1,416
- Assoc Fee Freq.: Annually
- Tax Amount: $2,969.02
Disclosures and Reports
- Special Conditions: Estate
- Property ID: 17/15E/1/194
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Schools
Schools serving 1422 Melrose Terrace
School District:Stroudsburg Area School District
| Name | Grades | Distance |
|---|---|---|
Chipperfield Elementary School 2000 Chipperfield Drive, Stroudsburg, PA 18360 | K-4 | 2.4 mi |
Stroudsburg Middle School 200 Pocono Commons, Stroudsburg, PA 18360 | 5-7 | 2.6 mi |
Stroudsburg Junior High School 1198 Chipperfield Drive, Stroudsburg, PA 18360 | 8-9 | 2.6 mi |
Stroudsburg High School 1100 West Main Street, Stroudsburg, PA 18360 | 10-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1422 Melrose Terrace
Tax History
Tax History for 1422 Melrose Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2026
$687
2%
$83,310
—
2025
$673
20%
$83,310
—
2024
$562
13%
$83,310
—
2023
$498
2%
$83,310
—
2022
$488
-82%
$83,310
—
2021
$2,715
-38%
$83,310
258%
2019
$4,384
-6%
$23,250
—
2018
$4,677
—
$23,250
—
2017
$4,677
4%
$23,250
—
2016
$4,513
—
$23,250
—
2015
$4,504
—
$23,250
—
2014
$4,504
—
$23,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1422 Melrose Terrace
1422 Melrose Terrace, Stroud Twp, PA 18301 (MLS# 779231) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1422 Melrose Terrace is currently listed for $225,000 and was received on June 18, 2026. Want to learn more about 1422 Melrose Terrace? Do you have questions about finding other Single Family real estate for sale in Stroud Twp? You can browse all Stroud Twp real estate or contact a Coldwell Banker agent to request more information.