Real Estate
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Gorgeous Quakertown Estate on 24 Beautiful Acres Hits Market
A private estate that combines rustic elegance and modern luxury, set on over 24 beautiful acres in Quakertown, is now available for $1,800,000, writes Vasila Khurshid for The Amazing Mom Life. Blending timeless architectural style with refined updates, the home showcases a distinguished legacy reflected in its historic charm and classic stonework. Recent renovations include…
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Herr’s Plans to Sell 123 Acres of East Nottingham Land for “Herr’s Farm” Project
Nottingham-based snack company Herr’s plans to sell over one hundred acres of Nottingham land for the new Herr’s Farm project, writes Emma Dooling for Philadelphia Business Journal. The company has owned the 123-acre stretch of land since 1994. The sale is currently under agreement with E Kahn Development in Malvern. Referred to as the Herr’s…
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Toll Brothers Temporarily Stops Sales at $2M Lyondale Meadows Homes in Newtown
Toll Brothers temporarily halted sales at its 45-home Lyondale Meadows community in Newtown, with prices starting at $1.6 million, after demand was overwhelming, writes Paul Schwedelson for the Philadelphia Business Journal. The Fort Washington-based luxury homebuilder opened sales earlier this month, and in just one week received 21 deposits, with buyers choosing options that raised…
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Chester County Home to Four of Region’s 15 Most Expensive Housing Markets
Chester County is home to four towns that are ranked among the 15 most expensive places to buy a home in Greater Philadelphia, according to a recently released ranking by Stacker. To compile the list, Stacker used data from Zillow, which compared a total of 235 cities and towns. Devon tops the list as the…
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First Bank House of the Week: Gorgeous Colonial in Garnet Valley
A gorgeous colonial home at 882 Shavertown Road, situated on 0.52 acres with five bedrooms and four and a half bathrooms, is available for sale in Garnet Valley. This stunning and meticulously maintained residence offers timeless appeal and modern luxury in a sought-after location. Highlights include a cozy living room, elegant formal dining room, chef’s…
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3 Delaware County Communities Make Philly Area List of Most Expensive Homes
The average home value in the United States was $367,965 in July, 0.2 percent higher than the year before. Location, size, age, and condition all contribute to a home’s value, and here in Delaware County, three communities are leading the way in the Philadelphia metro area for home prices, according to Stacker. Stacker compiled the…
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Residents Say No to Affordable Housing Shortage Solution in Bucks County
Affordable housing shortage in Bucks County could be addressed by denser housing, but town residents oppose it, and town officials have not been approving such projects, writes Jess Rohan for the Bucks County Courier Times. The county spans around 400,000 acres, with over 40 percent already developed. By 2023, roughly 23 percent, or over 92,000…
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What You Get for $350,000 in Philadelphia, Bucks, Montgomery, Chester and Delaware County
What does $350,000 get you across the Delaware Valley? The answer changes depending on where you look. In Bristol, it’s a mid-century ranch reworked for one-level living. In Jeffersonville, a townhome with fresh updates and a bit more privacy. East Oak Lane offers a twin with hardwood floors and outdoor space, while Coatesville’s Valley Spring…
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Philadelphia’s Largest Office Property to Go Up For Sale, Conversion Likely to Follow
Centre Square, the largest office property in Philadelphia, will soon go up for sale two years after it was foreclosed, writes Noah Zucker for BisNow. After the building at 1500 Market Street was foreclosed in the aftermath of the crowdfunding scandal involving Nightingale Properties CEO Elie Schwartz, CBRE became the court-appointed owner. According to Green…
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For $420,000 You Can Get This Victorian Twin Home in Lansdowne
$420,000. That’s the new record-setting median home sale price reached in the Philadelphia Metropolitan Area in July, according to the multiple listing service Bright MLS. For that amount of money, you can buy a large Victorian twin home in Lansdowne, writes Michaelle Bond for The Philadelphia Inquirer. Using $420,000 as the purchase price, Bond compared…
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Bucks County Sees Population Growth. These Towns Are Leading the Charge
Bucks County added approximately 3,616 people between 2020 and 2024, marking what could become a rare population increase, according to U.S. Census Bureau estimates, writes Chris Ullery for the Bucks County Courier Times. The 0.6 percent increase occurred primarily in 29 Central and Upper Bucks townships and boroughs, with some seeing growth of nearly five…
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Upper Darby School District Closes on Shuttered Hospital Purchase
The Upper Darby School District closed a deal Friday with Prospect Medical Holdings to purchase the former Delaware County Memorial Hospital and two other structures on the Drexel Hill property for $600,000, writes John George for the Philadelphia Business Journal. The Crozer Health hospital has been closed since November 2022. Prospect Medical, owner of Crozer…
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First Bank House of the Week: Stunning Contemporary in Bryn Mawr
A stunning contemporary home at 913 Drexel Lane on 1.01 acres with six bedrooms and five full and two half bathrooms is available for sale in Bryn Mawr. This work-in-progress residence seamlessly combines modern design with timeless elegance, offering a luxurious, functional, and connected living experience on a beautiful, secluded lot. Sophisticated details include engineered…
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Philadelphia Region Is Prime Market for Mansions
The Philadelphia region ranks among the top markets in the country for mansions, with 32,400 properties located throughout the area, according to a new analysis by Zillow, writes Michaelle Bond for The Philadelphia Inquirer. Zillow defines mansions as homes that have 5,000 square feet or more of finished living space. In the region, the median…
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Hankin Group to Add 373 New Apartments in Chester County Following Strong Demand
Amid strong rental demand, the Hankin Group is adding 373 new apartments to three existing projects in Chester County by the end of next year, writes Ryan Mulligan for the Philadelphia Business Journal. The developer is now executing phase two of its Downingtown and Exton projects, representing a more than $150 million investment. Exton-based Hankin…
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Union League to Add Sleek New Ballroom at Liberty Hill in Lafayette Hill
The Union League of Philadelphia is planning a major addition to its Liberty Hill golf course in Lafayette Hill, writes Ryan Mulligan for the Philadelphia Business Journal. The new Liberty Ballroom will feature floor-to-ceiling windows, two levels of event space, and room for up to 450 guests. Designed for weddings, galas, and corporate events, it…
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First Bank House of the Week: Elegant Ardmore Home Near Merion Golf Club Lists for $1.7M
Listed at $1,695,500, 673 Ardmore Avenue is a distinguished early 20th-century estate blending historic Main Line charm with modern amenities. Built for Philadelphia Stock Exchange member John S. Arndt on land once owned by the J.B. Biddle estate, this .84-acre property has hosted some of Philadelphia’s most prominent families. . . The home’s classic craftsmanship…
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Local Developer Carl Dranoff, Dwight City Group Join Forces to Repurpose UArts’ Anderson Hall
Prominent Philadelphia developer Carl Dranoff is partnering with Dwight City Group to convert the former University of the Arts’ Anderson Hall into apartments as an investor, writes Ryan Mulligan for the Philadelphia Business Journal. The CEO of Dranoff Properties also contributed the adjacent parking garage he owns to the project. Anderson Hall, located at 333…
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