Why Extra Lots Are So Common Here
It is not unusual to see a Pocono listing that includes an “extra lot,” an “adjoining lot” or a “second parcel.” Many lake and gated communities were laid out decades ago with small lots, and over the years owners bought the lot next door for privacy, a bigger yard, extra parking or more room for a well and septic system.
An extra lot can add real value, but it can also come with extra costs. Depending on the community and township, each lot may be a separate tax parcel, and in some HOA communities each lot carries its own dues.
Before you fall in love with the extra space, ask whether the lots have been legally combined or are still separate parcels, what the annual taxes and HOA dues are for each, and whether the second lot is buildable. Those answers affect your budget today and your options if you ever want to sell the lot separately. Meghan reviews these details with you before you make an offer.
Key Takeaways
- Ask if the lots are combined or separate tax parcels
- Confirm taxes and HOA dues for each lot
- Check whether the extra lot is buildable
