Historic Newtown Borough Building For Sale: See Inside

NEWTOWN, PA — A 17th century colonial home and former tavern in the heart of Newtown Borough just hit the market.

This five-bedroom, 3,200 square foot residence was built in 1686 and is known historically as the "Bird-In-Hand." It includes seven preserved fireplaces, detailed millwork, wood flooring and high open ceilings.

The building was erected around 1686 by Shadrack Walley, one of the first settlers in Newtown, according to the Newtown Historic Association. It is believed to be the oldest frame building in Pennsylvania.

The site housed the first tavern in Newtown and was named the Red Lion Inn by George Welch between 1726 and 1728 and ran as a tavern until 1858. It was also the site of a Revolutionary War battle where five men were killed, four were wounded and 32 were captured by British forces.

The building got its name when Newtown artist Edward Hicks painted a sign featuring the Benjamin Franklin quote, "A bird in the hand is worth two in the bush."

Check out the full listing details below:

• Address: 111 S State St, Newtown, Pennsylvania
• Price: $975,000
• Square Feet: 3235
• Bedrooms: 5
• Bathrooms: 5 Baths
• Built: 1686
• Features: Unique opportunity to occupy the one bedroom apartment while receiving $4635 income from the main part of the building through Oct 11, 2023. An historic gem, comfortably situated right in town, walk to shops, parks and restaurants. This beautiful home offers 4 generously sized bedrooms and 4 full bathrooms (2 en suite) There is also a separate 1 bedroom 1 bath apartment. Bird-in-Hand, as it is famously named, boasts a richly documented history and has been impeccably preserved with its 7 fireplaces, detailed millwork, random-width wood floors and high open-hand hewn beam ceilings. In keeping with the historic nature of the building, this distinguished home was lovingly updated with a chef's kitchen, including inset cabinets and SubZero refrigeration. There are 2 en suite bathrooms among the 5 bedrooms and 5 full bathrooms. 3 bedrooms are graced with massive fieldstone fireplaces. Laundry facilities are located on the 2nd floor. The basement, which has been upgraded to accommodate a high ceiling with a cement floor, offers excellent storage and a 10 ft. deep brick baker's-oven. This spectacular piece of U.S. history has all been beautifully landscaped with perennial gardens and stone patios which are embraced by a newly painted handcrafted picket fence. 2 deeded off street parking spaces. The property is zoned for both residential and/or commercial use, a front row seat in Newtown Borough with endless possibilities. Your new in town retreat doesn't get more Bucks County than this! See also COMM listing MLS #PABU519950 Seller is licensed PA & NJ Realtor. Purchaser to be sufficiently capitalized and qualified to purchase before showing. No appointments before submitting buyer's pre-qualification to purchase to broker.

This listing originally appeared on realtor.com. For more information and photos, click here.