Apr 9 2020

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Big property sale


9 Stunning Mansions You Can Own for $300,000 or Less

Is the only thing missing from your dream mansion the money to buy it? For those willing to update or relocate, hunting for the mansion of your dreams might not mean a choice between breaking the bank and breaking your heart.

While luxurious Los Angeles estates may be out of the picture, it’s not impossible to find affordable mansions elsewhere in the U.S., complete with grand ballrooms, heated pools, operational elevators and more.

Here are nine mansions now for sale that you can live in for $300,000 or less.

Address: 104 S. 2nd St., Columbia, Pa.
Size: 7 bedrooms, 3 bathrooms, 4,780 square feet
Listing price: $170,000

This stately blue mansion with distant Susquehanna River views has been in the same family for 70 years, says Jeff Seibert, the home’s listing agent and owner of Associates Real Estate Company.

“It still has 70% to 75% of its original features,” Seibert said. “It has original flooring, fireplaces, mantles, crown moulding and a continuous three-story staircase.”

Located in the middle of the Columbia Historic District, the house is surrounded by buildings of similar stature, but 104 2nd St. stands out with its bright blue facade. Outside the home, a small yard houses a wrap-around porch and side garden.

The mansion, which hit the market for $170,000 in November, is priced “about where it should be” for the local market, Seibert says.

View more photos on Zillow.

Address: 816 W King St., Martinsburg, W.Va.
Size: 10 bedrooms, 5.5 bathrooms, 5,278 square feet
Listing price: $299,900

Not sure how to fill the space in your new mansion? This 10-bedroom brick home could help you make some money on the side.

According to its Zillow listing, the 5,278-square-foot brick mansion at 816 W King St. in Martinsburg comes with hardwood floors, a wrap-around porch and several smaller interior apartments. Future owners, the listing says, can choose to live in the larger main residence, complete with grand room and fireplaces, and continue to rent the smaller spaces, or combine the rooms for “an even greater grand residence.”

View more photos on Zillow.

Address: 225 N Maple Ave, Hannibal, Mo.
Size: 5 bedrooms, 4 bathrooms, 4,563 square feet
Listing price: $299,900

Current owner Tyler Matthews says his favorite part of the mansion at the corner of North Maple Avenue and Bird Street isn’t its curved staircase, arched pocket doors, textured ceilings or exposed brick — though it’s not hard to appreciate these.

“My favorite part of the house is the grandness of it,” says Mathews, who bought and renovated the home with business partner, Scott Bean. “You walk in there and you’re instantly amazed.”

When Mathews and Bean, partners at J.T. Rivers Real Estate, purchased the property for $90,000 in early 2017, the two developers saw the mansion’s glory days waiting to be restored. The home’s historic details, like arched French doors and built-in wooden shelves, were in place, but the mansion needed some infrastructure work.

“We did pretty much everything,” Mathews says. “We repainted, refinished the floors, added an HVAC system.”

Climate control was one of the reasons the partners picked up the house for cheap, Mathews says. Without a central heating system, controlling the temperature in the large house was difficult.

Newly refinished and listed for $299,900, the property is just waiting for someone with an appreciation of history to move in, Mathews says.


USA News. American News.

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