From the WSJ Real Estate Archives

Historic Revolutionary Farmhouse
Is Being Put on the Auction Block

by Troy McMullen
From The Wall Street Journal Online
April 07, 2006

[House of the Week]

What: Three bedrooms, two full bathrooms in 3,230 square feet on 2.24 acres.

Where: Doylestown, Pa., about 78 miles southwest of Manhattan and near New Hope, Pa.

Amenities: Exposed-beam ceilings, original doors and window trim, heated pool, three original wood-burning fireplaces, four-car garage and a three-bedroom, two-bathroom guest house.

Asking Price: To be sold at auction April 25

Opening Bid*: Minimum bid is $500,000

Listing Agents: Sheldon Good & Co. Auctions NorthEast 212-213-9770

Due Diligence: In June 1778, George Washington visited and took meals on this property, which includes a 1733 stone farmhouse, copies of quartermaster logs at the Smithsonian Institute show. (He was on his way to fight the British at the Battle of Monmouth in New Jersey.) But it's not clear whether the leader of the Continental Army, whose troops had just survived a hungry winter at Valley Forge, Pa., slept in the house or pitched a tent outside, according to the Heritage Conservancy in Doylestown, which documents historical locations in the town. Software engineer Tom Woolman, 34 years old, says he paid $425,000 for the property in 1999 and spent $650,000 on renovations. From 2004 to 2005, he sporadically listed the house for $1.78 million, but it failed to sell, so he has put it up for auction. It sits in a popular Bucks County weekend community about 40 miles north of Philadelphia. The house includes mahogany flooring in the main room, stainless-steel appliances in the kitchen, updated heating and cooling systems and an English garden with automatic sprinklers.

Additional Photos

[dining room]
[guest house]
[living room]

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