Exterior view of a 1954 Cape Cod home on 2.3 acres with an attached two-car garage and walk-out basement for sale at $109,900 near Oil City, Pennsylvania

$109,900 for a Cape Cod on 2.3 Acres With a Two-Car Garage and Walk-Out Basement in Pennsylvania — Down $40,000 From Its Original Ask

A 1954 Cape Cod with brick and aluminum siding, an attached two-car garage, a full walk-out basement, a deck, a patio, a water softener, and 2.3 acres in Cranberry Township, Venango County — all for $109,900. This property listed at $149,900, dropped to $139,900, then to $122,500, and most recently to $109,900. Four price cuts in eleven months tells you the seller wants this sold, and a buyer who shows up prepared has real leverage.

The Land

Two point three acres in Cranberry Township, Venango County in northwestern Pennsylvania — a well-situated rural community between Oil City and Franklin along one of the more scenic stretches of the Allegheny River valley. The lot is residential zoned with well water and a septic system on site. Annual taxes run $1,044, keeping the cost of ownership genuinely low in Venango County.

Exterior collage showing the attached two-car garage, deck, patio, and 2.3 wooded acres of a Cape Cod for sale near Oil City, Pennsylvania
An attached two-car garage, a deck, a ground-level patio, and 2.3 rural acres in Cranberry Township, Venango County — well water, septic, and annual taxes of $1,044.

The Home

Cape Cod Character on a Serious Foundation

The 1954 Cape Cod offers 1,269 square feet across two levels, with three bedrooms and one and a half bathrooms — a primary bedroom setup on the main level with additional bedrooms upstairs under the roofline in classic Cape Cod fashion. The exterior combines brick and aluminum siding, giving the home a solidity and visual character that vinyl-clad contemporaries simply don’t match. Hot water heat runs throughout — a comfortable, even, radiant warmth that forced air systems don’t replicate. Laminate flooring covers the main living areas.

A dishwasher, range, and water softener are all included in the sale. Washer and dryer hookups are in place. The 100-amp electrical service handles the home’s daily needs.

The Attached Garage — More Than Parking

The attached two-car garage is the practical centerpiece of this property for anyone who works with their hands, collects vehicles, or needs serious storage connected directly to the living space. On a 2.3-acre rural lot in Pennsylvania, a covered, attached, two-vehicle garage is not a small detail — it’s a daily quality-of-life feature that adds real functional value beyond what the square footage of the house alone suggests.

The Walk-Out Basement

The full walk-out basement provides a significant amount of additional unfinished square footage below the main living level, accessible from both inside and from the exterior. Whether used for storage, a workshop, a hobby space, or as the foundation for a future finished living area, the basement effectively doubles the usable floor area of the property beyond the listed 1,269 square feet.

Deck and Patio

A deck and a patio give the home two distinct outdoor living spaces — one elevated with a view of the acreage, and one ground-level for direct access to the yard. On 2.3 wooded rural acres in Venango County, having layered outdoor spaces means having options for different times of day and different activities throughout the year.

Interior collage of a 1954 Pennsylvania Cape Cod showing the living areas, bedrooms, and full walk-out basement near Oil City, Pennsylvania
Three bedrooms, one and a half bathrooms, laminate flooring, hot water heat, dishwasher, range, and water softener included — 1,269 square feet plus a full walk-out basement in Venango County.

The Area

Cranberry Township sits in Venango County in northwestern Pennsylvania, positioned between Oil City and Franklin — two small cities with full daily services, medical facilities, and a regional character rooted in the area’s historic oil industry heritage. The Allegheny River runs through the broader valley, offering fishing, kayaking, and scenic access throughout the region. Titusville, home to the world’s first commercial oil well and the Drake Well Museum, is about 20 minutes to the north. Interstate 80 provides easy regional connectivity to the south.

The Bottom Line

A 1954 Cape Cod with brick construction, an attached two-car garage, a full walk-out basement, a deck, a patio, a water softener, and 2.3 acres — at $109,900 in Venango County, Pennsylvania. Down $40,000 from its original asking price with 1,389 Zillow views and 66 saves accumulated over nearly a year on market. Sold as-is. For a buyer ready to move, there is significant negotiating room here.

Full photos and current listing details are below.

View the full listing on Zillow

Listing details, price, and availability may change. Always verify the most current information directly on the official listing page.

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