119 Gemstone Farm Lane
Centre Hall, PA, 16828 $ 1,250,000
Bedrooms4 Baths4.0 Sq 3,351 Monthly Estimate*
$ 7,893
for $1,250,000 with 4 bedrooms and 4 full baths. This 3,351 square foot home was built in 1988 on a lot size of 31.64.
A rare opportunity to own an exceptional 31.5-acre gentleman's farm in the heart of picturesque Penns Valley, where rolling pastures, peaceful water views, and thoughtfully designed amenities create the perfect country retreat. Whether you're an equestrian enthusiast, hobby farmer, or simply dreaming of a private estate with room to roam, this remarkable property offers endless possibilities. The property features approximately 10 acres of productive hayfields, 20+ acres of fenced pastures surrounding the homes, and a beautiful stocked pond complete with a dock, providing a stunning backdrop for everyday living. Equestrians will appreciate the 6-stall horse barn, a large equipment building with four covered stalls, and ample acreage for horses, livestock, or recreational use. The main residence blends comfort and functionality with four spacious bedrooms and four full baths. The main-level owner's suite offers a private retreat with an ensuite bath, while an additional full bath on the first floor adds convenience. The heart of the home is the eat-in kitchen featuring granite countertops, which flows effortlessly into the inviting great room highlighted by a dramatic floor-to-ceiling stone fireplace. Across from the formal dining room, step outside onto the updated composite deck, where you'll enjoy sweeping views of the farm and surrounding countryside. Upstairs you'll find three generously sized bedrooms, a full bath, and an expansive unfinished bonus room ready to become additional living space, a studio, home office, or abundant storage. The walkout lower level is partially finished, offering even more room for recreation or hobbies, while the greenhouse provides the perfect space for indoor gardening and year-round cultivation. Designed with efficiency and peace of mind in mind, the home is equipped with geothermal heating powered by the property's pond, two water heaters (electric and tankless), a whole-house generator, and the added value of an updated roof, providing years of worry-free ownership. Adding tremendous flexibility is the second residence, a well-maintained 2-bedroom, 2-bath home situated on its own permanent foundation. Complete with a 2-car garage, this home has been retrofitted for handicap accessibility, making it ideal for extended family, caretakers, guests, or potential rental income. Recent improvements include an updated roof, newer HVAC system, and its own backup generator. From sunrise over the pond to evenings spent overlooking your horses in the pasture, this extraordinary Penns Valley estate offers the perfect balance of luxury, functionality, and rural tranquility. Properties of this caliberoffering 31.5 acres, two residences, equestrian facilities, productive farmland, and modern energy-efficient amenitiesare seldom available. Come experience the lifestyle you've been dreaming of.
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Single Family Coming Soon
FeaturesGeneralLiving Area 3351
Sewer On Site Septic
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement 0-30 Days CD
Zoning A
Garage Spaces 2.00
Architectural Style Traditional
Construction Materials Other
School District PENNS VALLEY AREA
Exclusions Personal Belongings Propane Tank - Leased
Year Built 1988
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality POTTER TWP
Accessibility Other
County CENTRE
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status COMING SOON
Directions From PA-45 E/Earlystown Rd - Turn left onto Luse Road. Right onto Gemstone Farm Ln. House down the lane.
City CENTRE HALL
Senior Community Y/N N
MLS Area Potter Twp (16420)
Lot Size Units Square Feet
Lot Size Square Feet 1378238.00
Tax Annual Amount 5558.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 480.58
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
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InteriorHeating Fuel Electric Geo-thermal
Basement Partially Finished
Total Fireplaces 1
Fireplace Features Insert
Hot Water Electric Propane
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2601
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 750
Room Type Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Kitchen Bedroom 1 Recreation Room Bonus Room Primary Bathroom Full Bath
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Estimated
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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ExteriorExterior Amenities Other
Pool No Pool
Water Source Well
Inclusions Kitchen Appliances both properties Washer/Dryer both properties 2 Dehumidifers - as-is Water Softner in maid house - As-Is Generators both properties
Garage Features Garage - Side Entry
Type of Parking Driveway Attached Garage
Foundation Details Other
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 31.64
Lot Size Source Assessor
Waterfront Y/N N
Horse Y/N N
Land Assessed Value 7625.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByPerry Wellington Realty, LlcBroker
annette@annetteyorksgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,893
- Monthly Property Taxes
- $463
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Centre Hall, PA
Average List Price $455,757
Percent of Sale Price 64%
About Centre Hall, PA 1,270 Population
19% Since 2002
$ 60,000 Median Income
44.23 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4004301 Elementary School
4305931 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $1,250,000 | | Listed Price |